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Listing provided courtesy of RE/MAX Lakeside-CentralMetro MLS- MLS# 1965993MLS Provider

3141 S 48th StMilwaukee, WI 53219

Multi-Family · 0.23 Acres
$515,000 Active With Offer

3141 S 48th St Overview

Time on Site:
24 days
Visits:
4

Nestled in the beautiful and highly desirable Jackson Park neighborhood, this brick four-family apartment building represents an exceptional, turnkey addition to any investment portfolio. The low-maintenance exterior offers lasting curb appeal, while the interior features a strong mix of two spacious 2-bedroom, 1-bathroom units and two comfortable 1-bedroom, 1-bathroom units. With all four units currently fully rented, this property provides immediate, reliable cash flow and stable occupancy from day one. Offering a perfect blend of a prime location, solid brick construction, and a strong rental history, this building is a standout opportunity for savvy investors looking to expand their real estate portfolio.

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3141 S 48th St Facts & Features

  • Type Multi-Family
  • Lot 0.23 Acres

Details

General

School Information

  • School District: Milwaukee

Income/Expenses

  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Listing Information

  • Contingency: With Offer

Building Information

  • Year Built: 1951

Location/Region

  • County Or Parish: Milwaukee
  • Postal City: Milwaukee

General Information

  • Exclusions: Seller and Tenants personal items
  • Inclusions: 4 Oven;Range, 4 Refrigerator, 1washer, 1 Dryer
  • Parcel Number: 5310422000
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

    Exterior

    Parking Information

    • Parking Features: Outdoor Space

    Lot Information

    • Lot Size Acres: 0.23
    • Lot Size Area: 0.23
    • Lot Size Square Feet: 10018.8
    • Lot Size Units: Acres

    Building Exterior/Construction

    • Attached Garage: false
    • Construction Materials: Brick

    General Information

    • Sewer: Municipal Sewer

    3141 S 48th St Neighborhood

    Community

    53219 (WEST ALLIS) Demographics

    37
    Median Age
    6,929
    Population Density (per sq. mile)
    29%
    College Educated
    $60,232
    Estimated Median Income
    9,536
    Estimated Total Home Owners
    5,209
    Estimated Total Renters
    65% / 35%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    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.

    3141 S 48th St Monthly Cost

    $
    $ %
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    $
    Eric Nowik
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    3141 S 48th St Market Data

    Based on the last 30 days in this zip code

    $282,578
    Average List Price
    $207
    Average Price per Square Foot
    43
    Properties Sold
    26
    Average Days on Market
    60
    Properties for Sale
    Calculations provided by Reliance Network

    3141 S 48th St History

    Date Event Value Agent
    6/17/2026Source: Metro MLS Status Change
    Active With Offer
    6/11/2026Source: Metro MLS Status Change
    Active
    6/5/2026Source: Metro MLS Added to Database
    June 05, 2026