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Milwaukee CountyMLS 1967473

5009 N 38th St, 5009A

Milwaukee, Wisconsin 53209

$250,000

5009 N 38th St, 5009A, Milwaukee: Welcome Home
—Bedrooms
—Bathrooms
—Square feet
1903Year built

About this home

Turnkey investment opportunity! This fully renovated 3/2 duplex or 2/2 with additional in-law suite offers the perfect combination of modern updates, strong rental income, and long-term value. Situated on a spacious double lot, the property features open concept, updated kitchens with granite countertops, vinyl plank flooring, generously sized walk-in closets, and beautifully rebuilt front porches. Enjoy ample off-street parking with a 2-car garage plus two additional parking spaces. Fully rented this is an excellent opportunity for investors seeking immediate cash flow or owner-occupants looking to offset their mortgage with rental income. Whether you're expanding your portfolio or purchasing your first multifamily property, this move-in-ready asset checks all the boxes.

Facts & features

Status
For Sale
Property type
Two-Family
Year built
1903
Lot size
0.18 acres
Garage
2 car
Basement
Full, Walk Out/Outer Door, Block, Full Bath
Annual taxes
$1,810 (2025)
School district
Milwaukee
County
Milwaukee
Days on market
156
MLS#
1967473
Construction
Vinyl
Parking
Parking Space, Alley Entrance, Garage Door Opener
Water
Municipal Water
Sewer
Municipal Sewer
Zoning
RT3

Location

Directions: 38th St is a one way street south. Enter 38th from Lancaster.

Estimated monthly payment

$1,532/mo

Principal & interest
$1,264
Property tax
$151
Insurance (estimate)
$117

20% down, 30-year fixed at 6.5%. An estimate, not a loan offer. Change the numbers

Listing courtesy of RE/MAX Forward · KerryAnn Douglas. Listing information provided by Metro MLS through the Internet Data Exchange program and last updated Aug 8, 2026. Information is deemed reliable but not guaranteed and should be independently verified. Copyright 2026 Metro MLS, Inc.