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$225,000 Just Listed
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Property Description
Welcome to this charming corner lot bungalow offering endless possibilities! This spacious 4-bedroom, 2-bath home is filled with character, abundant natural light, and fresh paint throughout. The main level features a welcoming living room, formal dining room, functional kitchen, two bedrooms, a full bath, and a bonus room perfect for a home office or flex space. Upstairs offers two additional bedrooms, another full bath, a living area, dining space, and multiple bonus rooms, providing incredible versatility. With its flexible layout, this home has the potential to be converted back into a duplex (buyer to verify with municipality) or serve as an excellent income-producing rental property. Complete with a 2-car garage, this unique home is packed with charm, space, and investment potential.
Full Property Details
Full Property Details for 1501 W Capitol Dr
General
- Price: $225,000
- Taxes: $3,416 (2025)
- Status: Active
- Type: Single Family
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1970799
- Updated: 7/9/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Oven, Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom: At least one Bathtub, Ceramic Tile
Bedrooms
- Total Bedrooms: 4
- Bedroom 1: 14 x 12, Upper Level
- Bedroom 2: 12 x 10, Upper Level
- Bedroom 3: 10 x 10, Main Level
- Bedroom 4: 10 x 10, Main Level
Other Rooms
- Living Room: 20 x 14, Main Level
- Family Room: 20 x 14, Upper Level
- Kitchen: 14 x 12, Main Level
- Dining Room: 16 x 14, Main Level
- Extra Room 1: 10 x 8, Main Level
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Milwaukee
School Information
- School District: Milwaukee
Heating & Cooling
- Heating/Cooling: Natural Gas, Radiant
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: 1.5 Story, Bungalow
- Exterior Const.: Brick
- Basement Desc.: Full
- Square Feet: 2,612
- Year Built: 1926
Lot Features
- Lot Size (Acres): 0.1
- Zoning: RT3
Financial Considerations
- Tax Amount: $3,416
- Tax Year: 2025
Listed by Homestead Realty, Inc
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Schools
Schools serving 1501 W Capitol Dr
School District:Milwaukee School District
| Name | Grades | Distance |
|---|---|---|
Dr. Martin Luther King, Jr. School 3275 North 3rd Street, Milwaukee, WI 53212 | PK-8 | 1.1 mi |
La Escuela Fratney 3255 North Fratney Street, Milwaukee, WI 53212 | PK-5 | 1.6 mi |
Starms Early Childhood Center 2616 West Garfield Avenue, Milwaukee, WI 53205 | PK-K | 2.2 mi |
Rufus King International Middle School 121 East Hadley Street, Milwaukee, WI 53212 | 6-8 | 1.7 mi |
Roosevelt Middle School of the Arts 800 West Walnut Street, Milwaukee, WI 53205 | 6-8 | 2.5 mi |
Lincoln Center of the Arts 820 East Knapp Street, Milwaukee, WI 53202 | 6-8 | 3.2 mi |
Rufus King International High School 1801 West Olive Street, Milwaukee, WI 53209 | 9-12 | 0.4 mi |
North Division High School 1011 West Center Street, Milwaukee, WI 53206 | 9-12 | 1.6 mi |
Milwaukee High School of the Arts 2300 West Highland Avenue, Milwaukee, WI 53233 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1501 W Capitol Dr
Date
Details
Price
Change
Source
7/09/2026
Listed
$225,000
462.5%
MLS
5/30/2025
Sold
$40,000
—
Public Record
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
Tax History for 1501 W Capitol Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,219
—
$168,400
2%
2024
$4,219
53%
$164,600
38%
2023
$2,750
-3%
$119,400
—
2022
$2,843
-6%
$119,400
2%
2021
$3,020
1%
$117,600
54%
2019
$2,982
56%
$76,300
—
2018
$1,907
3%
$76,300
—
2017
$1,851
-5%
$76,300
8%
2016
$1,951
-9%
$70,600
-4%
2014
$2,135
-14%
$73,900
-12%
2013
$2,489
-3%
$83,900
-22%
2012
$2,564
—
$107,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1501 W Capitol Dr
1501 W Capitol Dr, Milwaukee, WI 53206 (MLS# 1970799) is a Single Family property with 4 bedrooms and 2 full bathrooms. 1501 W Capitol Dr is currently listed for $225,000 and was received on July 09, 2026. Want to learn more about 1501 W Capitol Dr? Do you have questions about finding other Single Family real estate for sale in Milwaukee? You can browse all Milwaukee real estate or contact a Coldwell Banker agent to request more information.

