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$127,900

2424 N 48th St Milwaukee, WI 53210

2,172 sqft
0.1 acres
$59 / sqft
Multi-Family

Property details

About 2424 N 48th St

Currently bringing in $1,505/month in rental income with plenty of upside for rent increases, this duplex offers solid cash flow from day one. Located in a desirable, high-demand rental area, this is a prime addition to any long-term portfolio. Recent updates include a new water heater in 2023, reducing upfront maintenance concerns.Whether you choose to collect rents and hold, or gradually upgrade units for increased returns, this property provides both stability and upside. A smart, income-producing asset ready for your next move.Perfect for a 1031 exchange or first-time investor. This property is being sold As-is.

Highlights

Home typeMulti Family
StatusActive
Size2,172 sqft
BasementYes
Lot size0.12 Acres
Year built1921
ParkingDetached,1 Car
MLS #1926787
Attached garage1 space

Summary

  • Basement: Yes
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Detached,1 Car
  • Architectural Style: Bungalow
  • List Price: $127,900
  • Price/SqFt: $58
  • Annual Tax Amount: $2,004
  • Tax Year: 2023
  • Directions: Travel north on 48th St. from Lisbon Ave. to property
  • Year Built: 1921
  • Stories: 1
  • Living Area: 2,172 SqFt
  • Municipality: Milwaukee
  • Lot Size: 0.12 Acres
  • MLS Number: 1926787
  • MLS Name: WIREX_METRO
  • Office Name: Keller Williams Realty-Milwaukee North Shore
  • Office Email: joanread@kw.com
  • Listing Agent: Nicholas Efferson

© 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: 7/17/2025, 8:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Feb 11, 2019
Home Sold
$409,500
Nov 18, 2004
Home Sold
$67,000
Jun 08, 2004
Home Sold
$58,125

Tax history

YearAssessmentProperty Tax
2023$83,600$2,004
2022$83,600$1,990
2021$56,100$2,017
2020$56,100$1,504
2019$64,000$1,995
2018$59,800$1,580

History based on county public records data.

Nearby schools

4

Milwaukee French Immersion

Public District PK-5

0.2 mi

2360 N 52nd St

3

Neeskara Elementary School

Public District PK-5

0.9 mi

1601 N Hawley Rd

1

Westside Academy

Public District PK-5

1.1 mi

1940 N 36th 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 $40,313. The most common annual income of people living in Milwaukee, WI is less than $<35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

44%
<35k
44%
35k-100k
12%
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?

45%
Single, No Kids
36%
Single, with Kids
9%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
13%
12-17 yrs old
30%
18-34 yrs old
32%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Boston MarketBoston Market

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • HondaHonda

What do the neighbors listen to?

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

Similar homes for sale

Frequently asked questions

About 2424 N 48th St

The listing price of 2424 N 48th St property is $127,900.

The property 2424 N 48th St is a multi located in Milwaukee, Wisconsin, 53210.

Active Listing: 2424 N 48th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2424 N 48th St are: Milwaukee French Immersion (GreatSchools Rating 4/10), Neeskara Elementary School (GreatSchools Rating 3/10), Westside Academy (GreatSchools Rating 1/10), Hi-Mount Elementary School (GreatSchools Rating 3/10), Milwaukee College Preparatory School - 38th Street (GreatSchools Rating 4/10), Sherman Elementary School (GreatSchools Rating 3/10), Whs Information Technology (GreatSchools Rating 1/10), Transition High School (GreatSchools Rating 1/10), Groppi High School (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $2,004 (source: MLS/based on county public records data).

The last sale was on February 11, 2019 for $409,500 (source: MLS/tax record).

The property 2424 N 48th St is 2,172 SqFt (source: MLS/tax record).

The year of construction for 2424 N 48th St is 1921.

This home is located at 2424 N 48th St in Milwaukee, WI and zip code 53210 in the Uptown neighborhood. This 2,172 square foot home, which was built in 1921, sits on a 0.12 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $127,900.

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. In June 2025 in Milwaukee, WI there were 15.3% more homes for sale than in May.

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

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