1541 S Union St, Milwaukee, WI 53204 - Photo 1

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$369,900 Just Listed

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Active
Apartment
Updated 6 days ago

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Property Description

Excellent opportunity to own a cash-flowing 4-unit in Milwaukee's near south side in the Muskego Way neighborhood. This property features a strong unit mix with two 1-bedroom units and two 2-bedroom units, appealing to a wide tenant pool. Located in a highly walkable area with easy access to public transit, shopping centers, and everyday conveniences, tenants will love the proximity to Mitchell Street amenities, local dining, and nearby parks like Mitchell Park Conservatory. With solid rental demand in the area and value-add potential through rent growth or continued updates, this property is ideal for both seasoned investors and those looking to start or expand their portfolio.

Full Property Details

Full Property Details for 1541 S Union St

General

Price: $369,900
Taxes: $3,393 (2025)
Status: Active
Type: Apartment
Source: MetroMLS_Milwaukee_Wirex
MLS ID: 1955554
Updated: 3/27/2026
Added to Site: 6 day(s) ago

Parking

Uncovered Spaces: 2
Parking Features: Near Public Transit, Outdoor Space

Location

County: Milwaukee
Driving Directions: W Forest Home Ave and merge left onto S Muskego Ave, continue to W Arrow St and take a left. Proceed to take a left on S Union St.

School Information

School District: Milwaukee

Heating & Cooling

Heating/Cooling: Forced Air, Natural Gas

Utilities

Water/Sewer: Municipal Sewer, Municipal Water

Structural Information

Architectural Style: Apartment Building
Exterior Const.: Other, Vinyl
Basement Desc.: Full
Stories Description: 1 to 2 Stories
Year Built: 1893

Unit Information

Unit 1

Number of Units: 2
Unit Description: 1 Bath, 1 Bedroom, Cable TV Available, Eat-In Kitchen, Living Room
Square Feet: 750 or Les

Unit 2

Number of Units: 2
Unit Description: 1 Bath, 2 Bedrooms, Eat-In Kitchen, Living Room

Lot Features

Lot Size (Acres): 0.05
Zoning: RT4

Financial Considerations

Tax Amount: $3,393
Tax Year: 2025

Listed by Keller Williams-MNS Wauwatosa

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Schools

Schools serving 1541 S Union St

School District:Milwaukee School District

Name	Grades	Distance
Mitchell Integrated Arts School 1728 South 23rd Street, Milwaukee, WI 53204	PK-8	0.3 mi
Hayes Bilingual School 971 West Windlake Avenue, Milwaukee, WI 53204	PK-7	0.8 mi
Milwaukee Academy of Chinese Language 2430 West Wisconsin Avenue, Milwaukee, WI 53233	PK-8	1.7 mi
Roosevelt Middle School of the Arts 800 West Walnut Street, Milwaukee, WI 53205	6-8	2.8 mi
Lincoln Center of the Arts 820 East Knapp Street, Milwaukee, WI 53202	6-8	2.9 mi
Rufus King International Middle School 121 East Hadley Street, Milwaukee, WI 53212	6-8	3.9 mi
South Division High School 1515 West Lapham Boulevard, Milwaukee, WI 53204	9-12	0.3 mi
Bradley Technology & Trade High School 700 South 4th Street, Milwaukee, WI 53204	9-12	1.3 mi
Milwaukee High School of the Arts 2300 West Highland Avenue, Milwaukee, WI 53233	9-12	2.1 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 1541 S Union St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/27/2026

Listed

$369,900

84.95%

MLS

6/26/2023

Sold

$200,000

—

Public Record

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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 1541 S Union St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$2,884

$124,800

11%

2023

$2,686

$112,000

—

2022

$2,667

$112,000

23%

2021

$2,521

25%

$91,000

62%

2019

$2,010

38%

$56,200

—

2018

$1,453

-5%

$56,200

—

2017

$1,524

-28%

$56,200

-3%

2016

$2,116

23%

$58,100

—

2014

$1,727

-14%

$58,100

-10%

2013

$2,000

$64,600

-25%

2012

$1,919

—

$86,100

—

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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 1541 S Union St

1541 S Union St, Milwaukee, WI 53204 (MLS# 1955554) is a Apartment property with 0 bedrooms and 0 full bathrooms. 1541 S Union St is currently listed for $369,900 and was received on March 27, 2026. Want to learn more about 1541 S Union St? 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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1541 S Union St Milwaukee, WI 53204