2481 W Locust St #2483, Milwaukee, WI 53206 - Photo 1

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$175,000 Just Listed

For Sale
Active
Duplex
Updated 4 days ago

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Property Description

Buy N Hold Alert!!! Turn-KEY!!! Great investment opportunity to own the Spacious 2/2 Duplex. Lower is rented for $800, Upper is rented $949. Property has a 6-9 cap rate. Rents should be able to be increased. Tenants are seasoned and PAYS ALL UTILITIES!The Property: Units are Freshly painted with a lot of money put in!! Includes all the appliances, with newer roof, and hot-water heaters!!! It comes with A RECENTLY-BUILT FRONT PORCH!The Area: You won't believe the area as it's right off of Locust and Fond Du Lac! 10 mins from Super Walmart and Downtown Hot Spots, and 20 mins away from the airport and Costco/ Sam's Club! Showings for occupied unit only permitted with an accepted offer.

Full Property Details

Full Property Details for 2481 W Locust St #2483

General

Price: $175,000
Taxes: $1,234 (2025)
Status: Active
Type: Duplex
Source: MetroMLS_Milwaukee_Wirex
MLS ID: 1977464
Updated: 8/24/2026
Added to Site: 4 day(s) ago

Parking

Parking Features: None

Location

County: Milwaukee

School Information

School District: Milwaukee

Utilities

Water/Sewer: Municipal Sewer, Municipal Water

Structural Information

Architectural Style: Duplex/2 Story
Exterior Const.: Vinyl
Basement Desc.: Full
Year Built: 1916

Unit Information

Unit 1

Square Feet: 2158
Bathroom Features: Full Bath on Main Level
Bedrooms: 2

Unit 2

Bathroom Features: Full Bath on Upper Level
Bedrooms: 2

Lot Features

Lot Size (Acres): 0.06
Zoning: RT4

Financial Considerations

Tax Amount: $1,234
Tax Year: 2025

Listed by Abundance Real Estate

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Schools

Schools serving 2481 W Locust St #2483

School District:Milwaukee School District

Name	Grades	Distance
Clarke Street School 2816 West Clarke Street, Milwaukee, WI 53210	PK-8	0.4 mi
Starms Early Childhood Center 2616 West Garfield Avenue, Milwaukee, WI 53205	PK-K	0.8 mi
Starms Discovery Learning Center 2035 North 25th Street, Milwaukee, WI 53205	1-8	1 mi
Rufus King International Middle School 121 East Hadley Street, Milwaukee, WI 53212	6-8	1.7 mi
Roosevelt Middle School of the Arts 800 West Walnut Street, Milwaukee, WI 53205	6-8	1.7 mi
Lincoln Center of the Arts 820 East Knapp Street, Milwaukee, WI 53202	6-8	2.7 mi
Washington High School of Information Technology 2525 North Sherman Boulevard, Milwaukee, WI 53210	9-12	1.3 mi
Rufus King International High School 1801 West Olive Street, Milwaukee, WI 53209	9-12	1.6 mi
Milwaukee High School of the Arts 2300 West Highland Avenue, Milwaukee, WI 53233	9-12	1.8 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 2481 W Locust St #2483 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/24/2026

Listed

$175,000

153.62%

MLS

2/15/2023

Sold

$69,000

—

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 2481 W Locust St #2483

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,234

$63,500

15%

2024

$1,183

31%

$55,400

35%

2023

$900

-8%

$41,100

—

2022

$979

-21%

$41,100

2021

$1,246

—

$40,400

55%

2021

$1,246

-8%

$26,100

50%

2019

$1,358

239%

$17,400

100%

2017

$401

-94%

-100%

2016

$6,492

54%

$18,500

-13%

2014

$4,213

224%

$21,300

-21%

2013

$1,302

101%

$26,900

-30%

2012

$648

—

$38,500

—

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 2481 W Locust St #2483

2481 W Locust St #2483, Milwaukee, WI 53206 (MLS# 1977464) is a Duplex property with 0 bedrooms and 0 full bathrooms. 2481 W Locust St #2483 is currently listed for $175,000 and was received on August 24, 2026. Want to learn more about 2481 W Locust St #2483? 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.

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2481 W Locust St #2483 Milwaukee, WI 53206