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$229,000 -$10,900 (-4.54%) Price Reduced
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Property Description
Excellent investment opportunity in Milwaukee's south side! This three-unit multifamily property is fully occupied, providing immediate cash flow for the next owner with room to increase rents.Each unit has received some updates over time, offering a solid foundation with tenants already in place. While the property has been reasonably maintained, there remains room for value-add opportunities, allowing an investor to further increase rents and overall returns through additional improvements.Whether you're expanding your portfolio or looking for a stable, income-producing asset with growth potential, this is the one not to miss!
Full Property Details
Full Property Details for 2005 S 7th St
General
- Price: $229,000
- Taxes: $3,184 (2024)
- Status: Active
- Type: Duplex
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1948169
- Updated: 3/12/2026
- Added to Site: 48 day(s) ago
Parking
- Uncovered Spaces: 1
- Parking Features: Outdoor Space
Location
- County: Milwaukee
- Driving Directions: Use GPS
School Information
- School District: Milwaukee
Heating & Cooling
- Heating/Cooling: Electric, Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: Duplex +
- Exterior Const.: Brick, Vinyl
- Basement Desc.: None
- Stories Description: 1 to 2 Stories
- Year Built: 1880
Unit Information
Unit 1
- Number of Units: 1
- Unit Description: 1 Bedroom
- Square Feet: 750 or Les
Unit 2
- Number of Units: 1
- Unit Description: 3 or More Bedrooms
- Square Feet: 751 to 100
Unit 3
- Number of Units: 1
- Unit Description: 3 or More Bedrooms
- Square Feet: 751 to 100
Lot Features
- Lot Size (Acres): 0.1
- Zoning: RT4
Financial Considerations
- Tax Amount: $3,184
- Tax Year: 2024
Listed by Shorewest Realtors - South Metro
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Schools
Schools serving 2005 S 7th St
School District:Milwaukee School District
| Name | Grades | Distance |
|---|---|---|
Hayes Bilingual School 971 West Windlake Avenue, Milwaukee, WI 53204 | PK-7 | 0.2 mi |
Forest Home Avenue School 1516 West Forest Home Avenue, Milwaukee, WI 53204 | PK-5 | 0.6 mi |
Fernwood Montessori School 3239 South Pennsylvania Avenue, Milwaukee, WI 53207 | PK-8 | 2.5 mi |
Lincoln Center of the Arts 820 East Knapp Street, Milwaukee, WI 53202 | 6-8 | 2.9 mi |
Roosevelt Middle School of the Arts 800 West Walnut Street, Milwaukee, WI 53205 | 6-8 | 3.1 mi |
Rufus King International Middle School 121 East Hadley Street, Milwaukee, WI 53212 | 6-8 | 4.2 mi |
South Division High School 1515 West Lapham Boulevard, Milwaukee, WI 53204 | 9-12 | 0.6 mi |
Bradley Technology & Trade High School 700 South 4th Street, Milwaukee, WI 53204 | 9-12 | 1.1 mi |
Bay View Middle and High School 2751 South Lenox Street, Milwaukee, WI 53207 | 6-12 | 1.4 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 2005 S 7th St
Date
Details
Price
Change
Source
3/12/2026
Price Reduced
$229,000
-4.54%
MLS
3/10/2026
Price Reduced
$239,900
-4%
MLS
2/25/2026
Price Reduced
$249,900
-3.85%
MLS
2/02/2026
Price Reduced
$259,900
-3.71%
MLS
1/23/2026
Listed
$269,900
54.23%
MLS
8/25/2021
Sold
$175,000
—
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 2005 S 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,733
61%
$142,700
56%
2023
$2,318
7%
$91,300
—
2022
$2,174
31%
$91,300
41%
2021
$1,656
-2%
$64,900
7%
2019
$1,691
12%
$60,700
—
2018
$1,504
—
$60,700
—
2017
$1,507
1%
$60,700
11%
2016
$1,499
-64%
$54,500
6%
2014
$4,144
-1%
$51,600
-28%
2013
$4,173
-4%
$71,200
-22%
2012
$4,339
—
$91,500
—
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 2005 S 7th St
2005 S 7th St, Milwaukee, WI 53204 (MLS# 1948169) is a Duplex property with 0 bedrooms and 0 full bathrooms. 2005 S 7th St is currently listed for $229,000 and was received on January 23, 2026. Want to learn more about 2005 S 7th St? 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.

