1617 S 1st St #1619, Milwaukee, WI 53204 - Photo 1

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$724,900

For Sale
Active
Commercial
4,128 Sq. Ft.

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Property Description

Don't miss this unique opportunity in one of Milwaukee's most vibrant corridors. The upper level features a 10-room rooming house with consistent weekly rents, while the lower level operates as a fully leased bar, both providing steady income. Whether you're an investor looking to expand your portfolio or an owner-operator ready to bring your vision to life, this property delivers. With multiple streams of income, strong rental demand, and a fantastic location, this is an opportunity you won't want to miss.

Full Property Details

Full Property Details for 1617 S 1st St #1619

General

Price: $724,900
Taxes: $14,363 (2024)
Status: Active
Type: Commercial
Source: MetroMLS_Milwaukee_Wirex
MLS ID: 1943026
Updated: 11/22/2025
Added to Site: 64 day(s) ago

Additional Information

Other Features: Fixtures, Inventory Included, Living Space Available, Restrooms

Parking

Total Spaces: 2

Location

Municipality: City
County: Milwaukee
Dist. to Freeway: Less than 1 Mile
Location Details: Freestanding, Near Public Transit

Heating & Cooling

Heating/Cooling: Central Air Conditioning, Forced Air, Hot Water/Steam, Natural Gas

Utilities

Water/Sewer: Municipal Sewer, Municipal Water

Structural Information

Structure Type: Other
Exterior Const.: Wood
Basement Desc.: Block, Brick, Full
Roof: Composition
Ceiling Height: 11 to 15 Feet
Drive-In Clearance: No Truck Door
Stories Description: 2
Square Feet: 4,128
Year Built: 1890

Lot Features

Lot Size (Acres): 0.1
Frontage: Near Public Transit, Town/City Road
Zoning: LB2

Financial Considerations

For Sale/Rent/Lease: For Sale Only
Tax Amount: $14,363
Tax Year: 2024

Listed by Keller Williams Realty-Milwaukee North Shore

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— 1617 S 1st St #1619 —

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Schools

Schools serving 1617 S 1st St #1619

School District:Milwaukee School District

Name	Grades	Distance
Allen-Field School 730 West Lapham Boulevard, Milwaukee, WI 53204	PK-5	0.5 mi
Hayes Bilingual School 971 West Windlake Avenue, Milwaukee, WI 53204	PK-7	0.7 mi
Wisconsin Conservatory of Lifelong Learning 1017 North 12th Street, Milwaukee, WI 53233	PK-12	2.2 mi
Lincoln Center of the Arts 820 East Knapp Street, Milwaukee, WI 53202	6-8	2.4 mi
Roosevelt Middle School of the Arts 800 West Walnut Street, Milwaukee, WI 53205	6-8	2.8 mi
Audubon Technology & Communication Middle School 3300 South 39th Street, Milwaukee, WI 53215	6-8	3.3 mi
Bradley Technology & Trade High School 700 South 4th Street, Milwaukee, WI 53204	9-12	0.7 mi
South Division High School 1515 West Lapham Boulevard, Milwaukee, WI 53204	9-12	1 mi
Milwaukee High School of the Arts 2300 West Highland Avenue, Milwaukee, WI 53233	9-12	2.7 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1617 S 1st St #1619 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

11/14/2025

Listed

$724,900

75.73%

MLS

12/17/2018

Sold

$412,500

—

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 1617 S 1st St #1619

Year

Property Taxes

Change

Tax Assessment

Change

2024

$14,363

15%

$481,800

10%

2023

$12,497

20%

$436,200

—

2022

$10,386

-3%

$436,200

2021

$10,755

-1%

$400,800

—

2019

$10,892

-13%

$401,000

—

2018

$12,488

-12%

$401,000

—

2017

$14,236

13%

$401,000

2016

$12,573

-4%

$371,000

—

2014

$13,118

-1%

$371,000

—

2013

$13,317

—

$371,000

—

2012

$13,265

—

$371,000

—

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.

Estimate the Cost

Estimate the Cost for 1617 S 1st St #1619

1617 S 1st St #1619, Milwaukee, WI 53204 (MLS# 1943026) is a Commercial property. 1617 S 1st St #1619 is currently listed for $724,900 and was received on November 14, 2025. Want to learn more about 1617 S 1st St #1619? Do you have questions about finding other Commercial 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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1617 S 1st St #1619 Milwaukee, WI 53204