$4,263 Closing Credit¹
#1916842, Rodolfo Garcia-Garcia, Listing office: RE/MAX Service First
$399,900 List price
2338 W Forest Home Ave Milwaukee, WI 53215
$4,749
Closing credit¹
4,034 sqft
0.07 acres
$99 / sqft
Multi-Family
Property details
About 2338 W Forest Home Ave
Unique cash flowing investment opportunity! Large commerical studio space is accompanied by a 12 rooming house units that is currently near completely occupied to bring in a solid monthly income! Comprised of an open commerical space currently serving as a dance studio on the first floor, with 12 rooms for rent with a full bathroom facility on the second floor. Convenient, highly visible location near public transit and large marquee for signage and advertising. Stout building has been maintained with a current license and is ready to be turned over to a new owner.
Highlights
Home typeMulti Family
HeatingHot Water, Steam, Natural Gas
StatusActive
Size4,034 sqft
BasementYes
Lot size0.07 Acres
Year built1875
ParkingNone, Inside Parking,Outside
MLS #1917894
Summary
- Appliances: Water Heater
- Basement: Yes
- Attached Garage: No
- Parking: None, Inside Parking,Outside
- Architectural Style: Other
- Heating: Hot Water, Steam, Natural Gas
- List Price: $399,900
- Price/SqFt: $99
- Annual Tax Amount: $6,291
- Tax Year: 2023
- Directions: Forest Home Ave west of 23rd St/east of Muskego Ave to property (no sign)
- Year Built: 1875
- Living Area: 4,034 SqFt
- Municipality: Milwaukee
- Lot Size: 0.07 Acres
- MLS Number: 1917894
- MLS Name: WIREX_METRO
- Office Name: TerraNova Real Estate
- Office Phone: (414) 852-0921
- Office Email: jnewland@terranova-realestate.com
- Listing Agent: John Newland
© 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: 6/28/2025, 3:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$399,900
2338 W Forest Home Ave
$4,749
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 18, 2014 | Home Sold | $174,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $262,400 | $6,291 |
| 2022 | $262,400 | $6,247 |
| 2021 | $175,000 | $6,514 |
| 2020 | $262,400 | $4,683 |
| 2019 | $239,000 | $6,228 |
| 2018 | $172,700 | $4,467 |
History based on county public records data.
Nearby schools
2
Lincoln Avenue Elementary School
Public District PK-5
0.4 mi
•1817 W Lincoln Ave
5
Rocketship Southside Community Preparatory
Public Charter PK-5
0.7 mi
•3003 W Cleveland Ave
4
Forest Home Elementary School
Public District PK-5
0.8 mi
•1516 W Forest Home Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,000. Typical income of Milwaukee, WI residents is less than $<35k annually. The most common type of family is 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?
50%
<35k
43%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
34%
Single, No Kids
32%
Single, with Kids
9%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
26%
<11 yrs old
12%
12-17 yrs old
30%
18-34 yrs old
29%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
Burlington
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
White Castle
What do the neighbors drive?
Dodge
Nissan
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2338 W Forest Home Ave
The listing price of 2338 W Forest Home Ave property is $399,900.
The property 2338 W Forest Home Ave is a multi located in Milwaukee, Wisconsin, 53215.
Active Listing: 2338 W Forest Home Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2338 W Forest Home Ave are: Lincoln Avenue Elementary School (GreatSchools Rating 2/10), Rocketship Southside Community Preparatory (GreatSchools Rating 5/10), Forest Home Elementary School (GreatSchools Rating 4/10), Rogers Street Academy (GreatSchools Rating 3/10), Grant Elementary School (GreatSchools Rating 2/10), Mitchell Elementary School (GreatSchools Rating 3/10), Lad Lake Synergy School (GreatSchools Rating 1/10), Carmen High School of Science and Technology South Campus (GreatSchools Rating 6/10), South Accelerated Academy (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $6,291 (source: MLS/based on county public records data).
The last sale was on November 18, 2014 for $174,000 (source: MLS/tax record).
The property 2338 W Forest Home Ave is 4,034 SqFt (source: MLS/tax record).
The year of construction for 2338 W Forest Home Ave is 1875.
This home is located at 2338 W Forest Home Ave in Milwaukee, WI and zip code 53215 in the Near South neighborhood. This 4,034 square foot home, which was built in 1875, sits on a 0.07 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $399,900.
Milwaukee, WI housing market in May 2025 saw over 267 listings sold above listed price, more than 63 sold at listed price and over 148 sold below. The number of listings in Milwaukee, WI increased by 68.9% between April and May 2025.
From Rocket Homes Real Estate and based on county public records data.