Listing provided courtesy of First Weber Inc - BrookfieldMetro MLS- MLS# 1965186
Price Reduced
Images
Request Info- new exterior paint
- large new windows greet you
- spacious open concept
- large dining area
- beautiful original blue china cabinet
- fresh stain on floors
- cozy first bedroom
- new floors and tile in bathroom 1
- new interior paint
- tall ceilings
- newer stainless steel appliances
- new floors and new counter tops match
- large pantry
- unit 2 breath taking views to balcony
- white brick blue fire place
- spacious living area
- easy access to top porch
- office or 4th bedroom? You decide
- lovely transition
- new light fixtures throughout
- serious case of the blues
- new cabinets in second kitchen as well
- back splash brings the cabinets together
- open pantry
- new carpet unit 2 brm 1
- new glass block window
- new sink fixtures
- new light fixture
- old world charm heavy doors
- in law suite unit living area
- brick wall holds up original charm
- in law suite kitchen
- in law primary suite
- In law suite bathroom
- secondary bedroom third unit
- new brick wall foundation
- new furnaces/hot water heaters
- multiple washer/dryer hookups
- breaker boxes
- 3 private entrances in back
- plenty of parking 4-5 cars
- new siding
- newer roof
- warm new fixtures keep you safe at night
- welcome home
507 N 31st St, 509Milwaukee, WI 53208
Multi-Family · 0.09 Acres$329,999
Active
507 N 31st St, 509 Overview
- Time on Site:
- 28 days
- Visits:
- 28
Welcome to your brand new dream home, or next turnkey investment money maker! This 3/6 fully renovated vacant duplex with over 12 cap rate is what you've been waiting for! This property is massive in size, will command over $4,000 monthly in gross rent, & is a CASH COW! Also features two units with an extra in-laws suite in attic, that could also be rented, has tons of charm. You will fall in love with the tall ceilings, stainless steel appliances, new kitchens, bathrooms, new furnaces, new central air units, new foundation & exterior just to name a few (see attached seller updates document).Plenty of parking in the back as well as on the street. Located just blocks away from Marquette University High School, & minutes away from both Miller Park & Downtown Milwaukee.
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507 N 31st St, 509 Facts & Features
- Type Multi-Family
- Lot 0.09 Acres
Details
General
School Information
- School District: Milwaukee
Building Information
- Year Built: 1908
Location/Region
- County Or Parish: Milwaukee
- Postal City: Milwaukee
Tax Information
- Tax Annual Amount: 3162.69
- Tax Year: 2025
General Information
- Inclusions: stoves, refrigerators, microwaves
- Parcel Number: 4012038000
- Property Sub Type: Two Family
- Property Type: Two-Family
- Zoning: RT4
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bathrooms Total: 0
General Information
- Basement: Full,Poured Concrete,Brick
- Living Area Source: Public Records
Unit Information
- Unit 1 Rooms: 2nd Bedroom Length: 8
- Unit 1 Rooms: 2nd Bedroom Level: Main
- Unit 1 Rooms: 2nd Bedroom Width: 10
- Unit 1 Rooms: 3rd Bedroom Length: 11
- Unit 1 Rooms: 3rd Bedroom Level: Main
- Unit 1 Rooms: 3rd Bedroom Width: 10
- Unit 1 Rooms: Dining Room Length: 13
- Unit 1 Rooms: Dining Room Level: Main
- Unit 1 Rooms: Dining Room Width: 14
- Unit 1 Rooms: Kitchen Length: 12
- Unit 1 Rooms: Kitchen Level: Main
- Unit 1 Rooms: Kitchen Width: 15
- Unit 1 Rooms: LivingGreat Room Length: 15
- Unit 1 Rooms: LivingGreat Room Level: Main
- Unit 1 Rooms: LivingGreat Room Width: 13
- Unit 1 Rooms: Master Bedroom Length: 10
- Unit 1 Rooms: Master Bedroom Level: Main
- Unit 1 Rooms: Master Bedroom Width: 12
- Unit 2 Rooms: 2nd Bedroom Length2: 8
- Unit 2 Rooms: 2nd Bedroom Level2: Upper
- Unit 2 Rooms: 2nd Bedroom Width2: 10
- Unit 2 Rooms: 3rd Bedroom Length2: 7
- Unit 2 Rooms: 3rd Bedroom Level2: Upper
- Unit 2 Rooms: 3rd Bedroom Width2: 11
- Unit 2 Rooms: Dining Room Length2: 13
- Unit 2 Rooms: Dining Room Level2: Upper
- Unit 2 Rooms: Dining Room Width2: 14
- Unit 2 Rooms: Kitchen Length2: 12
- Unit 2 Rooms: Kitchen Level2: Upper
- Unit 2 Rooms: Kitchen Width2: 15
- Unit 2 Rooms: LivingGreat Room Length2: 15
- Unit 2 Rooms: LivingGreat Room Level2: Upper
- Unit 2 Rooms: LivingGreat Room Width2: 13
- Unit 2 Rooms: Master Bedroom Length2: 10
- Unit 2 Rooms: Master Bedroom Level2: Upper
- Unit 2 Rooms: Master Bedroom Width2: 10
Exterior
Parking Information
- Parking Features: Alley Entrance,Paved Driveway,Driveway Entrance
Lot Information
- Lot Size Source: Public Records
- Lot Size Square Feet: 3920.4
- Lot Size Units: Acres
Building Exterior/Construction
- Garage Type: Attached
- Construction Materials: Brick,Vinyl
General Information
- Number Of Units Total: 2
- Sewer: Municipal Sewer
507 N 31st St, 509 Neighborhood
Community
53208 (MILWAUKEE) Demographics
31
Median Age
7,453
Population Density (per sq. mile)
36%
College Educated
$36,436
Estimated Median Income
4,415
Estimated Total Home Owners
7,206
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.507 N 31st St, 509 Monthly Cost
507 N 31st St, 509 Market Data
Based on the last 30 days in this zip code
$307,361
Average List Price
$146
Average Price per Square Foot
16
Properties Sold
69
Average Days on Market
44
Properties for Sale
507 N 31st St, 509 History
| Date | Value | Agent |
|---|---|---|
| 6/25/2026Source: Metro MLS | $329,999 -5.7% |
Leigh Jackson Listing Agent |
| 6/25/2026Source: Metro MLS | $329,999 -5.7% |
Leigh Jackson Listing Agent |
| 6/8/2026Source: Metro MLS | $349,999 -2.2% |
Leigh Jackson Listing Agent |
| 6/8/2026Source: Metro MLS | June 08, 2026 |
Leigh Jackson Listing Agent |
| 6/4/2026Source: Metro MLS | Active |
Leigh Jackson Listing Agent |
| 6/2/2026Source: Metro MLS | June 02, 2026 |
Leigh Jackson Listing Agent |