Date
Details
Price
Change
Source
7/28/2026
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/25
$475,000
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1/25
Property Description
Exceptional mixed-use opportunity in a prime Martin Luther King Jr. Drive corridor! This approximately 2,000 sq. ft. property offers excellent visibility and flexibility for investors or owner-users. The main level is thoughtfully designed for a daycare, barbershop, or similar commercial use, featuring an open-concept layout with two bathrooms to accommodate a variety of business needs. Upstairs, you'll find a beautifully updated 1-bedroom apartment with a den, providing comfortable living quarters or additional rental potential. Situated in a high-visibility location with convenient access to downtown Milwaukee, local businesses, restaurants, and major thoroughfares, this property presents an outstanding opportunity to own a versatile building in a growing commercial district.
Full Property Details
Full Property Details for 1947 North Dr. Martin Luther King Jr. Drive #1949
General
- Price: $475,000
- Taxes: $3,537 (2025)
- Status: Active
- Type: Retail
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1973509
- Updated: 7/28/2026
- Added to Site: 71 day(s) ago
Additional Information
- Other Features: Display Window, Restrooms
Location
- Municipality: City
- County: Milwaukee
- Driving Directions: MLK Drive to Brown St
- Dist. to Freeway: 1 to 3 Miles
- Location Details: Freestanding, Near Public Transit
Heating & Cooling
- Heating/Cooling: Central Air Conditioning, Forced Air, Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Structure Type: Office(s), Other, Professional Service, Retail, Special Purpose
- Exterior Const.: Brick
- Basement Desc.: Full
- Roof: Rubber
- Ceiling Height: 8 to 10 Feet
- Drive-In Clearance: No Truck Door
- Stories Description: 2
- Square Feet: 1,848
- Year Built: 1877
Lot Features
- Lot Size (Acres): 0.06
- Frontage: Town/City Road
- Zoning: LB2
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $3,537.15
- Tax Year: 2025
Listed by Compass RE WI-Northshore
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— 1947 North Dr. Martin Luther King Jr. Drive #1949 —
Compass RE WI-Northshore
NMLS#: 1598647
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Schools
Schools serving 1947 North Dr. Martin Luther King Jr. Drive #1949
School District:Milwaukee School District
| Name | Grades | Distance |
|---|---|---|
Carver Academy 1900 North 1st Street, Milwaukee, WI 53212 | PK-8 | 0.2 mi |
Golda Meir School 1615 North Doctor Martin Luther King Junior Drive, Milwaukee, WI 53212 | 3-8 | 0.3 mi |
Elm Creative Arts Elementary School 900 West Walnut Street, Milwaukee, WI 53205 | PK-5 | 0.5 mi |
Roosevelt Middle School of the Arts 800 West Walnut Street, Milwaukee, WI 53205 | 6-8 | 0.4 mi |
Lincoln Center of the Arts 820 East Knapp Street, Milwaukee, WI 53202 | 6-8 | 0.9 mi |
Rufus King International Middle School 121 East Hadley Street, Milwaukee, WI 53212 | 6-8 | 0.9 mi |
Riverside University High School 1615 East Locust Street, Milwaukee, WI 53211 | 9-12 | 1.6 mi |
Milwaukee High School of the Arts 2300 West Highland Avenue, Milwaukee, WI 53233 | 9-12 | 1.6 mi |
Bradley Technology & Trade High School 700 South 4th Street, Milwaukee, WI 53204 | 9-12 | 2.2 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 1947 North Dr. Martin Luther King Jr. Drive #1949
Estimate the Cost
Estimate the Cost for 1947 North Dr. Martin Luther King Jr. Drive #1949
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- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- 1,311Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 824Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 1Total Bath
- 1,251Sq. Ft.
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- Condo
- Active
- Updated 13 hours ago
- 1Bed
- 1Total Bath
- 911Sq. Ft.
- Single Family
- Active
- Updated 14 hours ago
- 3Beds
- 2Total Baths
- 1,150Sq. Ft.
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1947 N Dr Martin Luther King Jr Dr #1949, Milwaukee, WI 53212 (MLS# 1973509) is a Retail property. 1947 N Dr Martin Luther King Jr Dr #1949 is currently listed for $475,000 and was received on July 28, 2026. Want to learn more about 1947 N Dr Martin Luther King Jr Dr #1949? Do you have questions about finding other Retail real estate for sale in Milwaukee? You can browse all Milwaukee real estate or contact a Coldwell Banker agent to request more information.