Tanya Trapp
ABR, RSPS
BEDS0
BATHS
SQUARE FEET2,326
MLS#1955598
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLMilwaukee
Listing Courtesy of:
Coldwell Banker Realty
Agency Phone: 2622414700
Property Description
Turnkey 3-unit multifamily in Milwaukee's south side featuring classic Lannon stone construction and strong cash flow potential. This fully occupied triplex offers three 2BR/1BA units totaling 2,326 sq ft, plus a detached 3-car garage. Extensive 2023 renovations ( $112K) include LVP flooring, updated kitchens and baths, new lighting, fresh paint, and electric baseboard heat throughout. Tenants pay utilities, providing efficient operations. Current rents total $2,810/month with upside and flexible lease expirations for owner-occupants. Stabilized pro forma NOI $14K+. Convenient location near downtown, schools, and transit. Ideal for investors or house hackers seeking value-add and steady income. Perfectly located in the sought-after Mitchell Park neighborhood, just minutes from the HWY.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Lot Size: 0.12 Acres
Taxes: $5,794
Year Built: 1909
Appliances
Seller Owned: Water Heater
Feature Descriptions
Basement: Block, Full
Building: Duplex +
Data Source: WIREX_METRO
Days on Site: 4
Exterior: Brick/Stone, Stone, Vinyl, Wood
Heating/Cooling: Individual Heating Units
Heating Fuel: Electric
Parking: Outdoor Space, Inside Parking, Outside
Units: 3
Water/Waste: Municipal Sewer, Municipal Water
Water Features: Pond
Local Schools
School District: Milwaukee
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 2622414700
Shown By
Agent Name: Tanya Trapp
Agent Phone: (920) 382-7774
Agency Title: Stark Company Realtors
Estimate Your Payment
Estimated Payment
$ 1,964.83 per month $1,404.74 Principal & Interest $482.83 Property Tax $77.26 Homeowner's InsuranceChange Payment Information
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743 S 24th Street | MLS# 1955598
This multi-family property located at 743 S 24th Street, Milwaukee, WI 53204 is currently listed for sale with an asking price of $264,900. S 24th Street is located within the Milwaukee school district. Search Milwaukee real estate on ttrapp.starkhomes.com today.