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Sold on 07/09/2023
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605 E Wright, Milwaukee, WI 53212

$236,000

Last sold 07/09/2023 for $208K

  • 4

    bed

  • 2

    bath

  • 1,600

    Sqft ($130/Sqft)

Multi-family not for sale
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About 605 E Wright

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 871 Sqft
Movoto estimate
Rental estimate
Property description
Fantastic two family in south Riverwest great for investor or owner occupant. FANTASTIC AIRBNB Location. Two blocks from Kilbourn Reservoir Park and Kaddish park. Two blocks from Center St; Riverwest farmers market, Centro Cafe and just two blocks from Riverwest co-op. Owner Occupied and maintained for nearly 20 years. Siding, roof, electrical, furnaces and water heaters are no more than 3 years old. Upper unit boasts an open floor plan and has been completely renovated. Lower has 2 beds, living and dining room and both units have ample pantry space. Lot and a half fully fenced provides potential for adding parking. Current market rents in the area are 900-1000 making this an 11 CAP. Low taxes and current updates minimizes operating expenses (operating to income= 39%)
Listed by
Listing Agent - Teral Sondrup
Listing Office - Keller Williams Realty-Milwaukee North Shore
Source: METROMLS mls logo
MLS#1838822 • last updated 6 months ago
Movoto checked METROMLS for data 5 minutes ago
Overview
Heating Forced Air, Natural Gas, Forced Air, Natural Gas
MLS # 1838822
Status Sold
Type Duplex/2 Story
Property Tax $ 2468.65
Year Built 1900
Interior
Basement Brick, Full
Appliances Microwave, Oven, Range, Refrigerator, Washer, None
Exterior
Exterior Brick, Partial-Brick, Vinyl
Garage Desc None
Garage/Parking None
Amenities / Utilities
Water/ Sewer Municipal Sewer, Municipal Water
Location
County Milwaukee
Elementary School Gaenslen
Middle School Roosevelt
School District Milwaukee
High School Riverside
Zoning LB2
Multifamily Details
Unit 2: SqFt 800
Unit 1: Bathrooms Full On Main, Shower Over Tub
Unit 2: Bathrooms Full On Upper, Shower Over Tub
$236K
Range: $202K-$269K
Last 30 days 
Rental est.: $3,500/month
Gross rent multiplier: 5.0 - Great
  • Aug 2023
    Public Records
  • Aug 2, 2023 Sold
    $208,000
  • Jul 2023
    mls logo MLS # 1838822
  • Jul 26, 2023 Sold
    $208,000 (+4.1%)
  • Jul 10, 2023 With Offer
    —
  • Jul 6, 2023 Listed
    $199,900 (+69.4%)
  • Feb 2007
    Public Records
  • Feb 23, 2007 Sold
    $118,000
  • Year Property taxes Tax assessment
  • 2024
    $3,911 +50.8%
    $174,400 +54.61%
  • 2023
    $2,594 -3.4%
    $112,800
  • 2022
    $2,686 +1.9%
    $112,800 +9.51%
  • 2021
    $2,637 -0.2%
    $103,000
  • 2020
    $2,643 +1.8%
    $103,000
  • 2019
    $2,597 -0.6%
    $103,000 -0.58%
  • 2018
    $2,614
    $103,600
  • 605 E Wright
    $208K
  • Riverwest
    $307K +22% y/y
  • 53212
    $225K -13% y/y
  • Milwaukee
    $225K -6% y/y
No chart available
Statistics calculated by Movoto

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3/10
Holmes Elementary School
public Grades PK, K-8
Milwaukee School District
2/10
La Escuela Fratney
public Grades PK, K-5
Milwaukee School District
7/10
Maryland Avenue Montessori School
public Grades PK, K-8
Milwaukee School District
7/10
Golda Meir School
public Grades 3-12
Milwaukee School District
3/10
Riverside University High School
public Grades 9-12
Milwaukee School District
Source: GreatSchools.org © 2026. All rights reserved.

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