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$925,000

1242 W Highland Ave Milwaukee, WI 53233

6,351 sqft
0.07 acres
$146 / sqft
Multi-Family

Property details

About 1242 W Highland Ave

Eighteen studio apartments in King Park near downtown Milwaukee. This all brick building is convenient to Fiserv forum, I43, Historic Pabst Brewery, Marquette U and Sinai Medical Center. Three stories high with 6 units per floor accessed by a charming front and back stairwell. Natural woodwork, plank flooring, some ceramic tiled bath floors and bath surround. All units have a living space, kitchen area, bathroom, walk in closet, and coat closet. Rent ranges from 450-650.00 which includes heat, electric, water and sewer. Storage units in lower level. New rubber roof in 2013. New water heaters. Fantastic possibilities for the investor in this progressive, dynamic location!

Highlights

Home typeMulti Family
HeatingHot Water, Steam, Natural Gas
StatusActive
Size6,351 sqft
BasementYes
Lot size0.07 Acres
Year built1929
ParkingNone, Inside Parking,Outside
MLS #1925268

Summary

  • Appliances: Water Heater
  • Basement: Yes
  • Attached Garage: No
  • Parking: None, Inside Parking,Outside
  • Heating: Hot Water, Steam, Natural Gas
  • List Price: $925,000
  • Price/SqFt: $145
  • Annual Tax Amount: $10,694
  • Tax Year: 2023
  • Directions: Take I43 south, exit Highland Ave, turn right on Highland Ave and the property is a block away on right.
  • Year Built: 1929
  • Living Area: 6,351 SqFt
  • Municipality: Milwaukee
  • Lot Size: 0.07 Acres
  • MLS Number: 1925268
  • MLS Name: WIREX_METRO
  • Office Name: Coldwell Banker Realty
  • Office Phone: (262) 241-4700
  • Office Email: northshorewisconsin@cbexchange.com
  • Listing Agent: Florence Carneol

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/8/2025, 9:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Nov 04, 2016
Home Sold
$304,400
Jul 06, 2004
Home Sold
$475,000

Tax history

YearAssessmentProperty Tax
2023$442,300$10,694
2022$442,300$10,531
2021$365,500$10,570
2020$365,500$9,637
2019$349,900$9,119
2018$321,000$8,304

History based on county public records data.

Nearby schools

4

Siefert Elementary School

Public District PK-5

0.4 mi

1547 N 14th St

2

Elm Creative Arts Elementary School

Public District PK-5

0.7 mi

900 W Walnut St

1

Brown Street Academy

Public District PK-5

1.0 mi

2029 N 20th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $13,690. Typical income of Milwaukee, WI residents is less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

85%
<35k
14%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

80%
Single, No Kids
16%
Single, with Kids
2%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
3%
12-17 yrs old
59%
18-34 yrs old
20%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1242 W Highland Ave

The listing price of 1242 W Highland Ave property is $925,000.

The property 1242 W Highland Ave is a multi located in Milwaukee, Wisconsin, 53233.

Active Listing: 1242 W Highland Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1242 W Highland Ave are: Siefert Elementary School (GreatSchools Rating 4/10), Elm Creative Arts Elementary School (GreatSchools Rating 2/10), Brown Street Academy (GreatSchools Rating 1/10), Highland Community School (GreatSchools Rating 5/10), Roosevelt Middle School (GreatSchools Rating 3/10), Milwaukee Academy of Chinese Language (GreatSchools Rating 3/10), Wisconsin Conservatory of Lifelong Learning (GreatSchools Rating 1/10), Project Stay-Supporting Teachers and Youth (GreatSchools Rating 1/10), Milwaukee Academy of Science (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $10,694 (source: MLS/based on county public records data).

The last sale was on November 4, 2016 for $304,400 (source: MLS/tax record).

The property 1242 W Highland Ave is 6,351 SqFt (source: MLS/tax record).

The year of construction for 1242 W Highland Ave is 1929.

This home is located at 1242 W Highland Ave in Milwaukee, WI and zip code 53233 in the King Park neighborhood. This 6,351 square foot home, which was built in 1929, sits on a 0.07 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 5, 2025 and is currently priced at $925,000.

In June 2025, from all listings sold in Milwaukee, WI there were more than 359 sold above asking price, over 167 sold below and more than 80 were sold right at the asked price. The inventory of homes for sale in Milwaukee, WI between May and June 2025 increased by 15.3%.

From Rocket Homes Real Estate and based on county public records data.

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