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$529,900 Contingent
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Property Description
GREAT INVESTOR OPPORTUNITY IN BEAUTIFUL JACKSON PARK! Well-maintained brick 4 family on a large corner lot with fenced yard, 5 separate garages plus 2 additional parking spaces for increased revenue. Each unit has its own furnace, electrical, and water heater, and both 2 bedroom units offer CA. Basement offers separate storage spaces and washer/dryer for tenant use. Main floor units feature recent updates, including new flooring and fresh paint. Three units have reliable, long-term tenants, while the fourth is available for owner occupancy or increased rental income. Quiet neighborhood, excellent parking, and great cash flow potential!
Full Property Details
Full Property Details for 3171 S 48th St
General
- Price: $529,900
- Taxes: $9,121 (2025)
- Status: Contingent
- Type: Apartment
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1982921
- Updated: 10/4/2026
- Added to Site: 12 day(s) ago
Parking
- Covered Spaces: 5
- Uncovered Spaces: 2
- Parking Features: Indoor Space, Near Public Transit, Outdoor Space
Location
- County: Milwaukee
School Information
- School District: Milwaukee
Heating & Cooling
- Heating/Cooling: Central Air Conditioning, Forced Air, Individual Heating Units, Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: Apartment Building
- Exterior Const.: Brick
- Basement Desc.: Block, Full
- Stories Description: 1 to 2 Stories
- Year Built: 1951
Unit Information
Unit 1
- Number of Units: 1
- Unit Description: 1 Bath, 1 Bedroom, Cable TV Available, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator, Storage Lockers
- Square Feet: 750 or Les
Unit 2
- Number of Units: 1
- Unit Description: 1 Bath, 2 Bedrooms, Air Conditioning, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator, Storage Lockers
- Square Feet: 750 or Les
Unit 3
- Number of Units: 1
- Unit Description: 1 Bath, 1 Bedroom, Balcony/Patio, Cable TV Available, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator, Storage Lockers
- Square Feet: 750 or Les
Unit 4
- Number of Units: 1
- Unit Description: 1 Bath, 2 Bedrooms, Air Conditioning, Balcony/Patio, Cable TV Available, Eat-In Kitchen, Living Room, Range/Oven, Storage Lockers
- Square Feet: 750 or Les
Lot Features
- Lot Size (Acres): 0.23
- Zoning: RM2
Financial Considerations
- Tax Amount: $9,121.91
- Tax Year: 2025
Listed by Abundance Real Estate
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Schools
Schools serving 3171 S 48th St
School District:Milwaukee School District
| Name | Grades | Distance |
|---|---|---|
Manitoba School 4040 West Forest Home Avenue, Milwaukee, WI 53215 | PK-8 | 0.5 mi |
Milwaukee Spanish Immersion School 2765 South 55th Street, Milwaukee, WI 53219 | PK-5 | 0.7 mi |
Hayes Bilingual School 971 West Windlake Avenue, Milwaukee, WI 53204 | PK-7 | 3 mi |
Roosevelt Middle School of the Arts 800 West Walnut Street, Milwaukee, WI 53205 | 6-8 | 5.3 mi |
Lincoln Center of the Arts 820 East Knapp Street, Milwaukee, WI 53202 | 6-8 | 5.6 mi |
Rufus King International Middle School 121 East Hadley Street, Milwaukee, WI 53212 | 6-8 | 6.5 mi |
Audubon Technology and Communication High 3300 South 39th Street, Milwaukee, WI 53215 | 9-12 | 0.6 mi |
Hamilton High School, Milwaukee, WI 6215 West Warnimont Avenue, Milwaukee, WI 53220 | 9-12 | 1 mi |
Reagan College Preparatory High 4965 South 20th Street, Milwaukee, WI 53221 | 9-12 | 2.9 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 3171 S 48th St
Date
Details
Price
Change
Source
10/01/2026
Listed
$529,900
106.59%
MLS
7/28/2005
Sold
$256,500
—
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 3171 S 48th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,122
10%
$437,400
21%
2024
$8,317
20%
$361,800
23%
2023
$6,907
-2%
$295,300
—
2022
$7,031
1%
$295,300
12%
2021
$6,976
8%
$264,200
11%
2019
$6,484
5%
$238,000
—
2018
$6,157
5%
$238,000
—
2017
$5,889
-8%
$238,000
7%
2016
$6,391
-2%
$223,000
10%
2014
$6,520
1%
$202,800
-3%
2013
$6,470
-1%
$209,800
-13%
2012
$6,532
—
$240,200
—
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 3171 S 48th St
3171 S 48th St, Milwaukee, WI 53219 (MLS# 1982921) is a Apartment property with 0 bedrooms and 0 full bathrooms. 3171 S 48th St is currently listed for $529,900 and was received on October 01, 2026. Want to learn more about 3171 S 48th St? Do you have questions about finding other Apartment real estate for sale in Milwaukee? You can browse all Milwaukee real estate or contact a Coldwell Banker agent to request more information.

