$299,900

5 Beds 2 Baths 2,068 Sqft

512 Main Street, Waukesha, WI 53186

Property Type: Multi-Family
Building Type: 2 Story,Duplex
Time on Market: 104 days
Price per Sqft: $145
Garage: Y
Total Taxes: $2,853
Est. Age: 21+ Years

Description

Large Duplex in the heart of Waukesha presents a strong investment opportunity with immediate cash flow. The lower unit offers two bedrooms, a full bathroom, kitchen, living room, and dining room, while the upper unit features three bedrooms, a full bathroom, kitchen, and living room. Both units are currently rented at $1,100 per month each, providing reliable rental income from day one. Updates include a newer roof, siding, paint, electrical improvements and updated bathrooms with much more value ad remaining! Located just a couple of blocks from Frame Park, the Fox River, and downtown Waukesha dining, shopping, and entertainment, this property is well positioned for long term value and tenant appeal. Schedule your showing today! Cash or Hard Money Only!

Unit Breakdown

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

Property Details

Interior

Basement:
  • Full
Baths:
  • Full Baths: 2
Sqft:
  • Total Sqft: 2,068
  • Lot Sqft Source: Assessor/Public Record
  • Estimated Sqft Range: Not Available

Exterior

Acreage:
  • Range: 0.0 to .499
  • Source: Assessor/Public Record
Exterior:
  • Other
Garage:
  • Details: None
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Sewer, Municipal Water

Misc.

New Construction:
  • N
Postal:
  • Code: 53186
Street:
  • Direction Prefix: E
  • Name: Main STREET
  • Suffix: STREET
Tax Year:
  • 2024
Utilities:
  • Details: 2 Electric Meters,2 Gas Meters
Value Range:
  • Pricing: N
Zoning:
  • RM-3

Map

Listing Agent-Provided Directions:
  • Les Paul Parkway to Main Street, West to property.

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Schools and Neighborhood

School District:
  • Waukesha
Postal City:
  • Waukesha
Municipality:
  • Name: WAUKESHA
  • Type: City
County:
  • WAUKESHA

Market Comparison

How this property compares to local market averages — calculated 4/30/2026

This Property
Waukesha Multi Family Home Avg
Waukesha County Multi Family Home Avg
List Price
$299,900
$586,825
$573,625
Median Price
—
$449,900
$472,450
Price / Sq Ft
$145
$159
$165
Days on Market
104 days
56 days
51 days
Total Listings
—
8
12

Listing Information

  • Time on Market: 104 days
  • Place Perfect Last Updated: 2026-04-29 16:36:40
  • MLS Number: 1947455
  • Subsystem Locale: WIREX_METRO
  • Listing Office: Keller Williams-MNS Wauwatosa
  • Listing Agent: Holly Speranza

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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.

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