$245,000

6 Beds 3 Baths 2,264 Sqft

2944 48th Street, Milwaukee, WI 53210

Property Type: Multi-Family
Building Type: 2 Story,Duplex
Time on Market: 75 days
Price per Sqft: $108
Garage: 2 Car
Total Taxes: $3,347
Est. Age: 21+ Years

Description

Excellent brick duplex investment opportunity with strong cash flow and upside in a convenient Milwaukee location. This well-maintained property offers a total of 6 bedrooms, 3 full bathrooms, and 2 additional half bathrooms, providing flexible layouts and strong tenant appeal. Both main units are currently rented at $1,450 per month each, generating $2,900 in immediate monthly income. The property also features a finished basement area with potential for an additional studio rental, estimated at $650 per month, bringing total projected monthly income to $3,550. Property is being sold in ''AS IS'' condition. Garage siding and roof have a hole

Unit Breakdown

Unit Beds Full Baths Half Baths Sq Ft
Unit 1 3 1 1 —
Unit 2 3 1 0 —

Property Details

Interior

Basement:
  • Full
Baths:
  • Full Baths: 2
  • Half Baths: 1
Sqft:
  • Total Sqft: 2,264
  • Lot Sqft Source: Owner
  • Estimated Sqft Range: Not Available

Exterior

Acreage:
  • Range: 0.0 to .499
  • Source: Owner
Exterior:
  • Brick/Stone, Brick
Garage:
  • Details: Detached, None, 2 Car
  • Spaces: 2.0
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Sewer, Municipal Water

Misc.

New Construction:
  • N
Postal:
  • Code: 53210
Street:
  • Direction Prefix: N
  • Name: 48th STREET
  • Suffix: STREET
Tax Year:
  • 2024
Utilities:
  • Details: 2 Electric Meters,2 Gas Meters
Value Range:
  • Pricing: N
Zoning:
  • R2

Map

Listing Agent-Provided Directions:
  • Sherman to Locust, West to 48th St, north to address

Monthly Payment Calculator

$
$
%
%
Est.
0.00
/month
Principal & Interest
$
Property Taxes
$
Home Insurance
$
Mortgage Insurance
$
HOA Fees
$
Utilities
$

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 4/30/2026

This Property
Milwaukee Multi Family Home Avg
Milwaukee County Multi Family Home Avg
List Price
$245,000
$254,152
$271,694
Median Price
—
$202,450
$225,000
Price / Sq Ft
$108
$99
$108
Days on Market
75 days
44 days
44 days
Total Listings
—
412
471

Listing Information

  • Time on Market: 75 days
  • Place Perfect Last Updated: 2026-04-29 16:37:29
  • MLS Number: 1950400
  • Subsystem Locale: WIREX_METRO
  • Listing Office: Quorum Enterprises, Inc.
  • Listing Agent: Leslie Boyea

Multi-Family Homes

Explore nearby Multi-Family homes in Milwaukee, Wisconsin

Milwaukee School District Homes

Explore Milwaukee school district homes in Milwaukee, Wisconsin

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