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Sold on 08/01/2019
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2046 S 16th, Milwaukee, WI 53204

$90,000

Last sold 08/01/2019 after 2624 Days

  • —

    bed

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    bath

Multi-family not for sale
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About 2046 S 16th

Property type Multi-family
Neighborhood
Year built 1893
HOA fee $0/month
Rental estimate
Property description
Cash flow this 4 family with some rent increases! Long term tenants, so rents are low. Property has newer roof,windows siding, and concrete walk! Property has been lead abated! 2 units have gas forced air, the other 2 have space heaters. WARNING:Tenants are messy! They have been there for a long time, and are comfortable in there mess. All the major updates are done, just buy this property and collect your rents! Owner is retiring from landlording after 15 years! This is your opportunity to buy a building around $25k per door! Hurry and set your showing up before the feeding frenzy begins!Fast closing ok, seller prefers a clean offer with minimal contingencies!
Listed by
Listing Agent - Todd R Wage
Listing Office - HomeWire Realty
Source: METROMLS mls logo
MLS#1647393 • last updated 7 years ago
Movoto checked METROMLS for data 5 minutes ago
Overview
Cooling/AC Forced Air, Indiv. Heating Units, Natural Gas, Other
Levels/Style 1-2 Stories
MLS # 1647393
Status Sold
Virtual Tour N/A
Type Apartment Building, Duplex +
Property Tax $ 1368
Year Built 1893
Interior
Basement Crawl Space
Exterior
Roofing Composition
Exterior Brick, Part-Asbestos/Aspalt, Vinyl
Garage/Parking Near Public Transit, None
Amenities / Utilities
Water/ Sewer Municipal Sewer, Municipal Water
Location
County Milwaukee
School District Milwaukee
High School Pulaski
Zoning RT4
Directions Lincoln Ave To 16th North To Home On East Side Of Street
Multifamily Details
Type 4: # of Units 2
Type 1: # of Units 1
Type 3: # of Units 1
Type 2: # of Units 2
Rental est.: $1,075/month
Gross rent multiplier: 7.0 - Great
  • Jul 2024
    mls logo MLS # 1872276
  • Jul 1, 2024 Sold
    $208,000 (-13.0%)
  • May 21, 2024 Pending
    —
  • May 7, 2024 Price Change
    $239,000 (-4.4%)
  • Apr 22, 2024 Listed
    $250,000 (+7.8%)
  • Nov 2023
    mls logo MLS # 1849310
  • Nov 1, 2023 Price Change
    $232,000 (-1.3%)
  • Oct 28, 2023 Price Change
    $235,000 (-2.1%)
  • Oct 15, 2023 Price Change
    $240,000 (-4.0%)
  • Sep 6, 2023 Listed
    $250,000 (+177.8%)
  • Sep 2019
    mls logo MLS # 1647393
  • Sep 30, 2019 Sold
    $90,000
  • Year Property taxes Tax assessment
  • 2024
    $3,072 +18.6%
    $133,000 +23.26%
  • 2023
    $2,590 -0.7%
    $107,900 +1.7%
  • 2022
    $2,607 +28.2%
    $106,100 +39.42%
  • 2021
    $2,034 -2.2%
    $76,100
  • 2020
    $2,079 +28.8%
    $76,100
  • 2019
    $1,614
    $76,100
  • 2046 S 16th
    $90K
  • Historic Mitchell Street
    $184K +23% y/y
  • 53204
    $219K +25% y/y
  • Milwaukee
    $230K 0% y/y
No chart available
Statistics calculated by Movoto

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2/10
Forest Home Avenue School
public Grades PK, K-5
Milwaukee School District
4/10
Hayes Bilingual School
public Grades PK, K-8
Milwaukee School District
2/10
South Division High School
public Grades 9-12
Milwaukee School District
4/10
Bradley Technology & Trade High School
public Grades 9-12
Milwaukee School District
Source: GreatSchools.org © 2026. All rights reserved.

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