2531 N Murray Ave, Milwaukee, WI 53211 - Photo 1

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$589,900

For Sale
Active
Duplex

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Property Description

Prime East Side three-family with recent improvements and excellent cash-flow potential. Two spacious 2-bedroom units and one 1-bedroom unit offer a versatile income opportunity. Units have been refreshed with updated kitchens, bathrooms, and flooring, while major system upgrades include furnaces, water heaters, windows, electrical, and roof. Classic historic charm blends seamlessly with modern functionality throughout. Rare off-street parking for 4 vehicles adds everyday convenience for tenants or owner-occupants. Ideally located within walking distance to shops, dining, nightlife, transit, and UWM--delivering strong rental demand and long-term value in one of Milwaukee's most desirable neighborhoods.

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Full Property Details

Full Property Details for 2531 N Murray Ave

General

Price: $589,900
Taxes: $8,150 (2024)
Status: Active
Type: Duplex
Source: MetroMLS_Milwaukee_Wirex
MLS ID: 1947604
Updated: 1/30/2026
Added to Site: 20 day(s) ago

Parking

Uncovered Spaces: 4
Parking Features: Outdoor Space

Location

County: Milwaukee

School Information

School District: Milwaukee

Heating & Cooling

Heating/Cooling: Forced Air, Natural Gas

Utilities

Water/Sewer: Municipal Sewer, Municipal Water

Structural Information

Architectural Style: Duplex +
Exterior Const.: Wood
Basement Desc.: Full, Laundry Facilities
Stories Description: 3 to 4 Stories
Year Built: 1901

Unit Information

Unit 1

Number of Units: 1
Unit Description: 1 Bath, 2 Bedrooms, Dining Room, Living Room, Range/Oven, Refrigerator
Square Feet: 1001 to 12

Unit 2

Number of Units: 1
Unit Description: 1 Bath, 2 Bedrooms, Living Room, Range/Oven, Refrigerator
Square Feet: 1001 to 12

Unit 3

Number of Units: 1
Unit Description: 1 Bath, 1 Bedroom, Range/Oven, Refrigerator
Square Feet: 750 or Les

Lot Features

Lot Size (Acres): 0.06
Zoning: RT3

Financial Considerations

Tax Amount: $8,150.07
Tax Year: 2024

Listed by Shorewest Realtors, Inc.

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— 2531 N Murray Ave —

Shorewest Realtors, Inc.

PropertyInfo@shorewest.com

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Schools

Schools serving 2531 N Murray Ave

School District:Milwaukee School District

Name	Grades	Distance
Maryland Avenue Montessori School 2418 North Maryland Avenue, Milwaukee, WI 53211	PK-8	0.2 mi
Hartford Avenue Elementary 2227 East Hartford Avenue, Milwaukee, WI 53211	PK-8	0.9 mi
La Escuela Fratney 3255 North Fratney Street, Milwaukee, WI 53212	PK-5	1.2 mi
Rufus King International Middle School 121 East Hadley Street, Milwaukee, WI 53212	6-8	1.3 mi
Lincoln Center of the Arts 820 East Knapp Street, Milwaukee, WI 53202	6-8	1.4 mi
Roosevelt Middle School of the Arts 800 West Walnut Street, Milwaukee, WI 53205	6-8	2 mi
Riverside University High School 1615 East Locust Street, Milwaukee, WI 53211	9-12	0.5 mi
Milwaukee High School of the Arts 2300 West Highland Avenue, Milwaukee, WI 53233	9-12	3.1 mi
Bradley Technology & Trade High School 700 South 4th Street, Milwaukee, WI 53204	9-12	3.1 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 2531 N Murray Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/30/2026

Listed

$589,900

17.98%

MLS

4/25/2024

Sold

$500,000

—

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 2531 N Murray Ave

Year

Property Taxes

Change

Tax Assessment

Change

2024

$8,150

16%

$354,500

20%

2023

$7,034

—

$296,000

—

2022

$7,048

$296,000

17%

2021

$6,674

-17%

$252,700

-9%

2019

$8,036

12%

$278,100

—

2018

$7,195

$278,100

—

2017

$6,894

-2%

$278,100

14%

2016

$7,014

16%

$244,700

—

2014

$6,034

-2%

$244,700

21%

2013

$6,165

$201,800

-23%

2012

$6,029

—

$262,300

—

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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 2531 N Murray Ave

2531 N Murray Ave, Milwaukee, WI 53211 (MLS# 1947604) is a Duplex property with 0 bedrooms and 0 full bathrooms. 2531 N Murray Ave is currently listed for $589,900 and was received on January 30, 2026. Want to learn more about 2531 N Murray Ave? 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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2531 N Murray Ave Milwaukee, WI 53211