$6,994

closing credit¹

2518 N 1st St Milwaukee, WI 53212

$589,000
3,297 sqft
0.1 acres
$179 / sqft
Multi-Family

Property details

About 2518 N 1st St

Discover this beautifully maintained 5-unit brick Victorian building offering modern updates and timeless charm. Located in the heart of Harambee, this property features four 1-bedroom, 1-bathroom units, each with a full kitchen, living room, hardwood floors, and an abundance of natural light. The spacious 5th unit boasts 3 BD, 1 BA, kitchen, LR, formal dining room. Recent updates include foundation bracing, fresh paint, new flooring, upgraded cabinets, and newer windows. Additional highlights are a 5-year old roof, upgraded electric service, forced air heating in all units, and convenient coin-operated laundry. The property also provides six off-street parking spaces accessible via alley. With total gross monthly rents of $4,950, this investment is both appealing and profitable.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
Size3,297 sqft
BasementYes
Lot size0.15 Acres
Year built1908
ParkingOutdoor Space,Inside Parking,Outside
MLS #1903299

Summary

  • MLS Number: 1903299
  • MLS Name: WIREX_METRO
  • Office Name: reThought Real Estate
  • Office Phone: (414) 797-6128
  • Office Email: hello@rethought-realestate.com
  • Listing Agent: Rodolfo Garcia-Garcia

© 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: 1/22/2025, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of property featuring a yard, a balcony, and a porch

$589,000

2518 N 1st St

$6,994

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 08, 2013
Home Sold
$82,000
Feb 26, 2010
Home Sold
$75,000
Dec 05, 2005
Home Sold
$325,000

Tax history

YearAssessmentProperty Tax
2020$251,600$5,798
2019$222,500$5,798
2018$223,000$5,769

History based on county public records data.

Nearby schools

2

Riverwest Elementary School

Public District PK-5

0.5 mi

2765 N Fratney St

2

Elm Creative Arts Elementary School

Public District PK-5

1.0 mi

900 W Walnut St

2

Fratney Elementary School

Public District PK-5

1.0 mi

3255 N Fratney 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 $15,278. Most Milwaukee, WI residents have annual incomes less than $<35k. 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?

85%
<35k
13%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

45%
Single, No Kids
45%
Single, with Kids
4%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

27%
<11 yrs old
15%
12-17 yrs old
26%
18-34 yrs old
27%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • 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

This home is located at 2518 N 1st St in Milwaukee, WI and zip code 53212 in the Northeast neighborhood. This 3,297 square foot home, which was built in 1908, sits on a 0.15 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $589,000.

In December 2024 more than 177 listings in Milwaukee, WI were sold above the asking price. During the same period more than 78 listings were sold at asking price, while more than 229 were sold below. Between November and December 2024, Milwaukee, WI real estate market has seen decrease in the number of listings by 6.7%.

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

More resources