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Milwaukee CountyMLS 1977464

2481 W Locust St, 2483

Milwaukee, Wisconsin 53206

$165,000

2481 W Locust St, 2483, Milwaukee, photo 1 of 2
—Bedrooms
—Bathrooms
—Square feet
1916Year built

About this home

Buy N Hold Alert!!! Turn-KEY!!! Great investment opportunity to own the Spacious 2/2 Duplex. Lower is rented for $800, Upper is rented $949. Property has a 6-9 cap rate. Rents should be able to be increased. Tenants are seasoned and PAYS ALL UTILITIES! The Property: Units are Freshly painted with a lot of money put in!! Includes all the appliances, with newer roof, and hot-water heaters!!! It comes with A RECENTLY-BUILT FRONT PORCH! The Area: You won't believe the area as it's right off of Locust and Fond Du Lac! 10 mins from Super Walmart and Downtown Hot Spots, and 20 mins away from the airport and Costco/ Sam's Club! Showings for occupied unit only permitted with an accepted offer.

Facts & features

Status
For Sale
Property type
Two-Family
Year built
1916
Lot size
0.06 acres
Garage
None
Basement
Full
Annual taxes
$1,234 (2025)
School district
Milwaukee
County
Milwaukee
Days on market
87
MLS#
1977464
Construction
Vinyl
Water
Municipal Water
Sewer
Municipal Sewer
Zoning
RT4

Location

Estimated monthly payment

$1,054/mo

Principal & interest
$834
Property tax
$103
Insurance (estimate)
$117

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

Listing courtesy of Abundance Real Estate · Karl Kessler. Listing information provided by Metro MLS through the Internet Data Exchange program and last updated Nov 13, 2026. Information is deemed reliable but not guaranteed and should be independently verified. Copyright 2026 Metro MLS, Inc.