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$264,900
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Property Description
Solid 2/2 duplex investment opportunity in West Allis! The upper unit is rented for $1200 per month on MTM basis, while the lower unit is vacant and ready for a new tenant or owner-occupant. Each unit offers 2 bedrooms, a full kitchen, living room, dining room, and 1 full bathroom, giving both flexibility and comfortable living space. A full basement adds valuable storage and utility space for the property. Conveniently located near the Wisconsin State Fair Park, popular local restaurants, and everyday shopping along National Avenue and Greenfield Avenue. Easy highway access makes commuting simple, with downtown Milwaukee and surrounding suburbs just minutes away. A fantastic opportunity for investors or owner-occupants looking for flexibility in a well-connected West Allis location.
Full Property Details
Full Property Details for 1504 S 81st St #1506
General
- Price: $264,900
- Taxes: $6,056 (2025)
- Status: Active
- Type: Duplex
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1970363
- Updated: 7/7/2026
- Added to Site: 7 day(s) ago
Parking
- Parking Features: None
Location
- County: Milwaukee
- Driving Directions: From I-94, take the 84th St exit and head south to Greenfield Ave. Turn left (east) on Greenfield, then right (south) on 81st St. Property is on the right after one block.
School Information
- School District: West Allis-West Milwaukee
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: Duplex/2 Story
- Exterior Const.: Aluminum Siding, Other
- Basement Desc.: Full
- Year Built: 1922
Unit Information
Unit 1
- Square Feet: 1824
- Bathroom Features: Full Bath on Upper Level
- Bedrooms: 2
Unit 2
- Bathroom Features: Full Bath on Main Level
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.08
- Zoning: Res/C2
Financial Considerations
- Tax Amount: $6,056.1
- Tax Year: 2025
Listed by Keller Williams-MNS Wauwatosa
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Schools
Schools serving 1504 S 81st St #1506
School District:West Allis School District
| Name | Grades | Distance |
|---|---|---|
Wilson Elementary School, West Allis, WI 8710 West Orchard Street, West Allis, WI 53214 | K-5 | 0.4 mi |
Frank Lloyd Wright Intermediate School 9501 West Cleveland Avenue, West Allis, WI 53227 | 6-8 | 1.7 mi |
Nathan Hale High School 11601 West Lincoln Avenue, West Allis, WI 53227 | 9-12 | 2.4 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 1504 S 81st St #1506
Date
Details
Price
Change
Source
7/07/2026
Listed
$264,900
22.07%
MLS
12/02/2024
Sold
$217,000
—
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 1504 S 81st St #1506
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,056
9%
$276,800
—
2024
$5,581
75%
$276,800
142%
2023
$3,184
—
$114,500
—
2022
$3,177
2%
$114,500
—
2021
$3,117
-8%
$114,500
—
2020
$3,396
2%
$114,500
—
2019
$3,317
8%
$114,500
—
2018
$3,080
-3%
$114,500
—
2017
$3,163
3%
$114,500
—
2016
$3,063
—
$114,500
—
2015
$3,048
—
$114,500
—
2014
$3,046
-4%
$114,500
—
2013
$3,161
9778%
$114,500
-9%
2012
$32
—
$126,200
—
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 1504 S 81st St #1506
1504 S 81st St #1506, Milwaukee, WI 53214 (MLS# 1970363) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1504 S 81st St #1506 is currently listed for $264,900 and was received on July 07, 2026. Want to learn more about 1504 S 81st St #1506? Do you have questions about finding other Duplex real estate for sale in Milwaukee? You can browse all Milwaukee real estate or contact a Coldwell Banker agent to request more information.

