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$925,000

  • For Sale
  • Active
  • Apartment
  • Updated 9 days ago
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Eighteen studio apartments in King Park near downtown Milwaukee. This all brick building is convenient to Fiserv forum, I43, Historic Pabst Brewery, Marquette U and Sinai Medical Center. Three stories high with 6 units per floor accessed by a charming front and back stairwell. Natural woodwork, plank flooring, some ceramic tiled bath floors and bath surround. All units have a living space, kitchen area, bathroom, walk in closet, and coat closet. Rent ranges from 450-650.00 which includes heat, electric, water and sewer. Storage units in lower level. New rubber roof in 2013. New water heaters. Fantastic possibilities for the investor in this progressive, dynamic location!

Full Property Details for 1242 W Highland Ave

General

  • Price: $925,000
  • Taxes: $12,102 (2024)
  • Status: Active
  • Type: Apartment
  • Source: MetroMLS_Milwaukee_Wirex
  • MLS ID: 1925268
  • Updated: 7/7/2025
  • Added to Site: 11 day(s) ago

Parking

  • Parking Features: Near Public Transit, None

Location

  • County: Milwaukee
  • Driving Directions: Take I43 south, exit Highland Ave, turn right on Highland Ave and the property is a block away on right.

School Information

  • School District: Milwaukee

Heating & Cooling

  • Heating/Cooling: Hot Water/Steam, Natural Gas

Utilities

  • Water/Sewer: Municipal Sewer, Municipal Water

Structural Information

  • Architectural Style: Apartment Building
  • Exterior Const.: Brick
  • Basement Desc.: Brick, Full, Laundry Facilities
  • Stories Description: 3 to 4 Stories
  • Year Built: 1929

Unit Information

Unit 1

  • Unit Description: Range/Oven, Refrigerator, Storage Lockers, Studio/Efficiency
  • Square Feet: 750 or Les

Unit 2

  • Number of Units: 2
  • Unit Description: Range/Oven, Refrigerator, Storage Lockers, Studio/Efficiency
  • Square Feet: 750 or Les

Unit 3

  • Number of Units: 5
  • Unit Description: Range/Oven, Refrigerator, Studio/Efficiency
  • Square Feet: 750 or Les

Unit 4

  • Number of Units: 10

Lot Features

  • Lot Size (Acres): 0.07
  • Zoning: Residential

Financial Considerations

  • Tax Amount: $12,102
  • Tax Year: 2024
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 1242 W Highland Ave —

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1242 W Highland Ave

School District:Milwaukee Public Schools
RatingNameGradesDistance
1
Wisconsin Conservatory Of Lifelong Learning
1017 N 12th St, Milwaukee, WI 53233
K-120.1 mi
2
Elm Creative Arts School
900 W Walnut St, Milwaukee, WI 53205
K-50.6 mi
3
Milwaukee Academy Of Chinese Language
2430 W Wisconsin Ave, Milwaukee, WI 53233
K-80.8 mi
3
Roosevelt Middle School, Milwaukee, WI
800 W Walnut St, Milwaukee, WI 53205
6-80.7 mi
2
Lincoln Center Of The Arts
820 E Knapp St, Milwaukee, WI 53202
6-81.4 mi
1
Audubon Technology and Communication Middle School
3300 S 39th St, Milwaukee, WI 53215
6-84.5 mi
NR
New School For Community Services
609 N 8th St, Milwaukee, WI 53233
9-120.6 mi
2
Milwaukee High School Of The Arts
2300 W Highland Ave, Milwaukee, WI 53233
9-120.7 mi
1
North Division High School
1011 W Center St, Milwaukee, WI 53206
9-121.5 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1242 W Highland Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/05/2025
Listed
$925,000
203.88%
MLS
10/21/2016
Sold
$304,400
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1242 W Highland Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,143
23%
$527,900
19%
2023
$10,695
2%
$442,300
—
2022
$10,531
9%
$442,300
21%
2021
$9,637
6%
$365,500
14%
2019
$9,119
10%
$321,000
—
2018
$8,305
-2%
$321,000
—
2017
$8,511
3%
$321,000
12%
2016
$8,255
7%
$285,800
11%
2014
$7,710
-2%
$257,700
—
2013
$7,876
2%
$257,700
-15%
2012
$7,704
—
$303,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1242 W Highland Ave, Milwaukee, WI 53233 (MLS# 1925268) is a Apartment property with 0 bedrooms and 0 full bathrooms. 1242 W Highland Ave is currently listed for $925,000 and was received on July 05, 2025. This property is listed by Flo Carneol from our North Shore WI Office.Want to learn more about 1242 W Highland Ave? Do you have questions about finding other Apartment real estate for sale in Milwaukee? You can browse all Milwaukee real estate or contact a Coldwell Banker agent to request more information.

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