$172,000

4 Beds 2 Baths 1,536 Sqft

5649 N 61st Street #5651, Milwaukee, WI 53218

Property Type: Multi-Family
Building Type: 2 Story,Duplex
Time on Market: 2 days
Price per Sqft: $112
Garage: Y
Total Taxes: $4,578
Est. Age: 21+ Years

Description

Turnkey Two-Family Investment Opportunity ideal for investors seeking passive income and strong rental potential. This well-maintained duplex features two income-producing units with market rents exceeding $1,400 per unit, offering immediate upside potential.Recent capital improvements enhance long-term value and reduce maintenance costs, including newer water heaters (2025), fence installation (2024 & 2025), updated flooring in upper unit (2022), and new front entrance door.Property presents a solid opportunity for cash flow growth and portfolio expansion with value-add potential through rent adjustments to market rates. All measurements are approximate.

Unit Breakdown

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

Property Details

Interior

Basement:
  • Block, Full
Baths:
  • Full Baths: 2
Sqft:
  • Total Sqft: 1,536
  • Lot Sqft Source: Other - See Remarks
  • Estimated Sqft Range: Not Available

Exterior

Acreage:
  • Range: 0.0 to .499
  • Source: Other - See Remarks
Exterior:
  • Aluminum/Steel, Aluminum, Vinyl
Garage:
  • Details: None
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Sewer, Municipal Water

Misc.

New Construction:
  • N
Postal:
  • Code: 53218
  • Zip+4: 2402
Street:
  • Direction Prefix: North
  • Name: 61st STREET
  • Suffix: STREET
  • Unit Number: 5651
Tax Year:
  • 2025
Utilities:
  • Details: 2 Electric Meters,2 Gas Meters
Zoning:
  • RT1

Map

Listing Agent-Provided Directions:
  • Sliver Spring to 69th Street, 1 block west to property at 5649 North 61st Street, Milwaukee, WI 53218. 56N 61W

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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 4/25/2026

This Property
Milwaukee Multi Family Home Avg
Milwaukee County Multi Family Home Avg
List Price
$172,000
$253,106
$270,165
Median Price
$199,900
$225,000
Price / Sq Ft
$112
$99
$108
Days on Market
2 days
42 days
41 days
Total Listings
419
477

Listing Information

  • Time on Market: 2 days
  • Place Perfect Last Updated: 2026-04-21 18:38:33
  • MLS Number: 1958849
  • Subsystem Locale: WIREX_METRO
  • Listing Office: Epique Realty
  • Listing Agent: Dominique Spencer
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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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