$174,900

7248 W Potomac Ave Milwaukee, WI 53216

$2,077
Closing credit¹
3 beds
1 full, 1 partial
1,305 sqft
0.1 acres
$134 / sqft
House

Property details

About 7248 W Potomac Ave

This 3-bedroom, 2-bath Cape Cod offers a fantastic investment opportunity with a long-term tenant currently renting at $1,420/month through April 30, 2026. While the home could benefit from some updates, it boasts great potential and strong rental stability.Inside, you'll find a spacious master suite upstairs complete with a 1/2 bathroom. The main level features two additional bedrooms and a second full bath, ideal for family living or guest space. The home sits on a lot with a yard that offers plenty of room to create an outdoor oasis. A one-car garage with alley access adds convenience and value.With its solid layout and desirable features, this property is perfect for investors or future homeowners looking to build equity while collecting consistent rental income.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size1,305 sqft
BasementYes
Lot size0.13 Acres
Year built1952
ParkingDetached,1 Car
MLS #1919211
Attached garage1 space

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Detached,1 Car
  • Architectural Style: Cape Cod
  • Heating: Forced Air, Natural Gas
  • List Price: $174,900
  • Price/SqFt: $134
  • Annual Tax Amount: $3,456
  • Tax Year: 2023
  • Year Built: 1952
  • Stories: 2
  • Living Area: 1,305 SqFt
  • Municipality: Milwaukee
  • Lot Size: 0.13 Acres
  • MLS Number: 1919211
  • MLS Name: WIREX_METRO
  • Office Name: Brew City Realtors
  • Office Phone: (414) 310-9197
  • Office Email: carly@brewcityrealtors.com
  • Listing Agent: Carly Stack

© 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, 12:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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7248 W Potomac Ave, Milwaukee, WI 53216 - view of yard

$174,900

7248 W Potomac Ave

$2,077

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 03, 2019
Home Sold
$99,900
Sep 19, 2018
Home Sold
$51,130

Tax history

YearAssessmentProperty Tax
2023$149,300$3,456
2022$149,300$3,554
2021$124,900$3,481
2020$124,900$4,313
2019$105,800$2,893
2018$94,700$3,408

History based on county public records data.

Nearby schools

5

Milwaukee German Immersion

Public District PK-5

0.6 mi

3778 N 82nd St

2

Eighty-First Street Elementary School

Public District PK-5

1.1 mi

2964 N 81st St

2

Ninety-Fifth Street Elementary School

Public District PK-5

1.4 mi

3707 N 94th 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 $47,170. Most Milwaukee, WI residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

39%
<35k
53%
35k-100k
8%
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?

53%
Single, No Kids
21%
Single, with Kids
15%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
41%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • HondaHonda
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

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

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Frequently asked questions

About 7248 W Potomac Ave

The listing price of 7248 W Potomac Ave property is $174,900.

The property 7248 W Potomac Ave is a house located in Milwaukee, Wisconsin, 53216.

Active Listing: 7248 W Potomac Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7248 W Potomac Ave are: Milwaukee German Immersion (GreatSchools Rating 5/10), Eighty-First Street Elementary School (GreatSchools Rating 2/10), Ninety-Fifth Street Elementary School (GreatSchools Rating 2/10), Milwaukee Environmental Science Academy (GreatSchools Rating 4/10), Craig Montessori School (GreatSchools Rating 4/10), Fifty-Third Street Elementary School (GreatSchools Rating 3/10), Marshall High School (GreatSchools Rating 1/10), Milwaukee School of Languages (GreatSchools Rating 3/10), Hapa-Hmong American Peace Academy K3-12 (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $3,456 (source: MLS/based on county public records data).

The last sale was on January 3, 2019 for $99,900 (source: MLS/tax record).

The property at 7248 W Potomac Ave has 3 bedrooms and 1 full and 1 half bathrooms.

The property 7248 W Potomac Ave is 1,305 SqFt (source: MLS/tax record).

The year of construction for 7248 W Potomac Ave is 1952.

This home is located at 7248 W Potomac Ave in Milwaukee, WI and zip code 53216 in the Dineen Park neighborhood. This 1,305 square foot home, which was built in 1952, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $174,900.

Milwaukee, WI housing market in April 2025 saw over 23 listings sold above listed price, more than 12 sold at listed price and over 36 sold below. The number of listings in Milwaukee, WI increased by 24% between March and April 2025. While the average time on the market in April 2025 was 28 days, the median list price was $210,000.

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

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