Two houses on one lot offer a fantastic investment opportunity. The front house features 2 bedrooms and 1 full bath, with a complete interior rehab completed in January 2022. Recent upgrades include a brand-new roof and furnace installed in October 2024. The front house is currently occupied. The rear house is a cozy 1-bedroom, 1-bath home, tenant-occupied with a rental income of $800 per month with lease ending 2/28/26. This unique property provides flexibility, whether you're looking for an income-generating investment or additional living space. Don't miss out on this versatile opportunity!
Closed
$152,000
1518 South 15th PLACE, Milwaukee, WI 53204
3beds
1,550sqft
Multi Family
Built in 1903
-- sqft lot
$156,600 Zestimate®
$98/sqft
$807 Estimated rent
Home value
$156,600
$143,000 - $172,000
$807/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 28, 2025 at 11:03am
Listed by:
Holly Speranza 414-517-3387,
Keller Williams-MNS Wauwatosa
Bought with:
Miguel E Perea De La Cruz
Source: WIREX MLS,MLS#: 1906558
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,550
- Total interior livable area: 1,550 sqft
Property
Parking
- Parking features: No Garage
Features
- Stories: 2
Lot
- Size: 3,920 sqft
Details
- Parcel number: 4601158100
- Zoning: RT4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum/Steel, Aluminum Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1903
Utilities & green energy
- Electric: 2 Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: 2 Electric Meters, 2 Gas Meters
Community & neighborhood
Location
- Region: Milwaukee
- Municipality: Milwaukee
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2025 | Sold | $152,000-4.9%$98/sqft |
Source:  WIREX MLS #1906558 | ||
| 3/6/2025 | Pending sale | $159,900$103/sqft |
Source: WIREX MLS #1906558 | ||
| 3/3/2025 | Listed for sale | $159,900$103/sqft |
Source: WIREX MLS #1906558 | ||
| 2/25/2025 | Contingent | $159,900$103/sqft |
Source: WIREX MLS #1906558 | ||
| 2/10/2025 | Listed for sale | $159,900+110.4%$103/sqft |
Source: WIREX MLS #1906558 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $1,238 +21.9% | $52,000 +42.5% |
| 2021 | $1,016 | $36,500 |
| 2020 | $1,016 | $36,500 |
Find assessor info on the county website
Neighborhood: Historic Mitchell Street
Nearby schools
GreatSchools rating
- 2/10Forest Home Avenue SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Hayes Bilingual SchoolGrades: PK-8Distance: 0.7 mi
- 3/10South Division High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- District: Milwaukee
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$156,600
2% more+ $3,132
With Zillow Showcase(estimated)
$159,732