$1,795,000

2 Beds 4 Baths 8,000 Sqft

1331 N Dr Martin Luther King Jr Drive, Milwaukee, WI 53212

Property Type: Single-Family
Building Type: 2 Story
Time on Market: 42 days
Price per Sqft: $224
Garage: 4 Car
Total Taxes: $24,103
Est. Age: 21+ Years
Virtual Tour: View Tour

Description

A historic Cream City brick mixed use property offers a premier ''Live-Work-Play'' lifestyle in the pulse of the Deer District. Just steps from Fiserv Forum, The Trade hotel, the new Landmark Credit Union Live Venue, and the MKE Public Museum, the location is unbeatable. The versatile 1st floor features three distinct office/workspaces with independent entrances- perfect for a multi-tenant income stream or owner-user setup. Currently, the front office generates $5.5K/month in instant cash flow. Above, a luxe 1-bedroom apartment boasting original pine floors, maple cabinetry, and an expansive rooftop terrace with city views. Complete with a massive warehouse/garage featuring epoxy flooring and space for multiple vehicles. This is the ultimate urban asset. Also listed commercial MLS# 1953396

Property Details

Interior

Appliances:
  • Dishwasher, Disposal, Dryer, Microwave, Other, Oven, Range, Refrigerator, Washer
Basement:
  • Crawl Space
Baths:
  • Full Baths: 2
  • Half Baths: 2
  • Bath Descriptions: Tub Only,Ceramic Tile,Dual Entry Off Master Bedroom,Master Bedroom Bath: Walk-In Shower,Master Bedroom Bath,Shower Over Tub,Shower Stall
Heating/Cooling:
  • Central Air, Wall/Sleeve Air
Heat Fuel:
  • Natural Gas
Interior Features:
  • Cable/Satellite Available, High Speed Internet, Security System, Simulated Wood Floors, Cathedral/vaulted ceiling, Walk-in closet(s), Wood Floors
Sqft:
  • Total Sqft: 8,000
  • Lot Sqft Source: Owner
  • Estimated Sqft Range: 3501 or more,5001 or more,2501 or more

Rooms

Room Basement Level Lower Level Main Level Upper Level
Master Bedroom 13x13
Bedroom 2 15x13
Dining Room 14x9
Family Room 23x17
Kitchen 19x11
Living Room 24x14
Other Room 32x24

Exterior

Acreage:
  • Range: 0.0 to .499
  • Source: Assessor/Public Record
Exterior:
  • Brick, Brick/Stone, Other
Exterior Features:
  • Deck
Garage:
  • Details: Opener Included, Heated, Attached, 4 Car
  • Spaces: 4.0
Lot:
  • Description: Sidewalks
Parking:
  • Details: 1 Space
Style:
  • Other
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Sewer, Municipal Water

Misc.

New Construction:
  • N
Postal:
  • Code: 53212
Street:
  • Direction Prefix: North
  • Name: Dr Martin Luther King Jr DRIVE
  • Suffix: DRIVE
Tax Year:
  • 2025
Zoning:
  • IL2 Industrial

Map

Listing Agent-Provided Directions:
  • McKinley Blvd. to Martin Luther King Jr. Drive north one block.

Monthly Payment Calculator

$
Enter the listed price of the home.
$
Enter the down payment amount in dollars.
%
Enter the down payment percentage.
%
Enter the annual interest rate for the mortgage.
Est.
0.00
/month
Principal & Interest
$
Property Taxes
$
Enter the monthly property taxes.
Home Insurance
$
Enter the monthly home insurance cost.
Mortgage Insurance
$
Enter the monthly mortgage insurance cost.
HOA Fees
$
Enter the monthly HOA fees.
Utilities
$
Enter the monthly utilities cost.

Schools and Neighborhood

School District:
  • Milwaukee
Postal City:
  • Milwaukee
Municipality:
  • Name: MILWAUKEE
  • Type: City
County:
  • MILWAUKEE

Market Comparison

How this property compares to local market averages — calculated 4/24/2026

This Property
Milwaukee Single Family Home Avg
Milwaukee County Single Family Home Avg
List Price
$1,795,000
$245,680
$326,722
Median Price
$209,450
$259,900
Price / Sq Ft
$224
$163
$187
Days on Market
42 days
36 days
33 days
Total Listings
802
1,146

Listing Information

  • Time on Market: 42 days
  • Place Perfect Last Updated: 2026-03-25 10:44:07
  • MLS Number: 1953397
  • Subsystem Locale: WIREX_METRO
  • Listing Office: Mahler Sotheby's International Realty
  • Listing Agent: Lisa Ashley
WIREX Logo

This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

© 2026 WIREX-Wisconsin Real Estate Exchange – All Rights Reserved