Excellent mixed-use investment opportunity in Riverwest featuring 8 total units: 5 commercial spaces on the first floor and 3 residential units above. 2 residential units already renovated with the opportunity to add 1-2 units in the unfinished 3rd floor. Located just 1 mile from I-43 access at W Locust Street, this property offers outstanding visibility and accessibility. Premier Milwaukee location with close proximity to downtown amenities, public transportation, and major thoroughfares. Strong potential for rental income growth and property enhancement. Ideal for investors seeking value-add opportunities in a high-demand area.
Active
Price cut: $50.9K (12/3)
$499,000
820 East Locust STREET #832, Milwaukee, WI 53212
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1897
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Outstanding visibility and accessibility
- 122 days |
- 450 |
- 19 |
Zillow last checked: 8 hours ago
Listing updated: December 03, 2025 at 07:58am
Listed by:
Joe Eldredge 414-276-9500,
Inland Real Estate Partners, LLC
Source: WIREX MLS,MLS#: 1931073
Originating MLS: Metro MLS
Tour with a local agent
Facts & features
Interior
Heating
- Other
Cooling
- Other
Features
- Basement: Full
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 7,405.2 Square Feet
Details
- Parcel number: 3140240000
- Zoning: LB2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick/Stone, Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1897
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Milwaukee
- Municipality: Milwaukee
Financial & listing details
- Annual tax amount: $14,600
- Date on market: 8/14/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2025 | Price change | $499,000-9.3% |
Source: | ||
| 10/1/2025 | Listed for sale | $549,900 |
Source: | ||
| 9/2/2025 | Pending sale | $549,900 |
Source: | ||
| 8/14/2025 | Listed for sale | $549,900 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$3,375/mo
Principal & interest
$2447
Property taxes
$753
Home insurance
$175
Climate risks
Neighborhood: Riverwest
Nearby schools
GreatSchools rating
- 2/10Pierce Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 1/10Rufus King International Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Riverside University High SchoolGrades: 9-12Distance: 0.6 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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