$274,900

1427 Madison Ave South Milwaukee, WI 53172

$3,264
Closing credit¹
1,462 sqft
0.09 acres
$188 / sqft
Multi-Family

Property details

About 1427 Madison Ave

Charming upper/lower duplex perfect for investors looking to grow their portfolio or those looking to start their rental portfolio! The lower unit features 2 bedrooms and 1 bath ($1025mo), while the upper unit offers 1 bedroom and 1 bath ($600mo)--both currently rented. This bungalow-style property is full of character with beautiful hardwood floors, built-ins, and timeless charm. Within the last 5years the basement walls have been reinforced, new windows, hot water heater and AC. A fantastic opportunity to generate income from day one with long term tenants!!

Highlights

Home typeMulti Family
StatusActive
Size1,462 sqft
BasementYes
Lot size0.09 Acres
Year built1929
ParkingNone, 1 Space
MLS #1919290

Summary

  • Basement: Yes
  • Attached Garage: No
  • Parking: None, 1 Space
  • Architectural Style: Bungalow
  • List Price: $274,900
  • Price/SqFt: $188
  • Annual Tax Amount: $3,572
  • Tax Year: 2023
  • Year Built: 1929
  • Stories: 1
  • Living Area: 1,462 SqFt
  • Municipality: South Milwaukee
  • Lot Size: 0.09 Acres
  • MLS Number: 1919290
  • MLS Name: WIREX_METRO
  • Office Name: Homestead Realty, Inc
  • Office Phone: (414) 461-4040
  • Office Email: reena@homesteadrealtyinc.com
  • Listing Agent: The Borowski Group*

© 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: 5/29/2025, 2:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1427 Madison Ave, South Milwaukee, WI 53172 - view of front of home with a porch

$274,900

1427 Madison Ave

$3,264

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 23, 2016
Home Sold
$109,000

Tax history

YearAssessmentProperty Tax
2023$185,500$3,572
2022$185,500$3,622
2021$115,000$3,415
2020$115,000$3,415
2019$115,000$3,265
2018$115,000$3,154

History based on county public records data.

Nearby schools

5

Rawson Elementary School

Public District PK-5

0.5 mi

1410 Rawson Ave

4

Lakeview Elementary School

Public District PK-5

0.9 mi

711 Marion Ave

2

Blakewood Elementary School

Public District PK-5

0.9 mi

3501 Blakewood Ave

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 $55,392. Residents of South Milwaukee, WI typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

25%
<35k
68%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

43%
Single, No Kids
13%
Single, with Kids
26%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
23%
18-34 yrs old
39%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Horse RacesHorse Races
  • College BasketballCollege Basketball

Where do the neighbors shop?

  • Sam's ClubSam's Club
  • Stein MartStein Mart
  • DillardsDillards

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • LongHorn SteakhouseLongHorn Steakhouse
  • Logan's RoadhouseLogan's Roadhouse

What do the neighbors drive?

  • OldsmobileOldsmobile
  • BuickBuick
  • HyundaiHyundai

What do the neighbors listen to?

  • RockRock
  • Contemporary InspirationalContemporary Inspirational
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

This home is located at 1427 Madison Ave in South Milwaukee, WI and zip code 53172. This 1,462 square foot home, which was built in 1929, sits on a 0.09 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $274,900.

In April 2025 in South Milwaukee, WI there were 100% more homes for sale than in March. The median list price of listings available in April 2025 was $300,000, while the average time on the real estate market was 21 days.

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

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