507 N 31st St, Milwaukee, WI 53208 (MLS # 1950473)

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PRICE $349,999 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 2,894 sqft
LOT SIZE 3,921 sqft

Merrill Park Luxury 3 FAMILY Investor/Homeowners Dream! This 3/4/2 fully renovated vacant triplex 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, and is a CASH COW! All 3 units display a unique blend old warm charm mixed with modern features. 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, and minutes away from both Miller Park and Downtown Milwaukee. Property won't last long, book your showing asap!

LAST UPDATED 2/17/2026 YEAR BUILT 1908
COUNTY Milwaukee STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
BASEMENT Concrete, Full, Yes
CONSTRUCTION Brick, Vinyl Siding
LOT 3920 sq ft
LOT DIMENSIONS 0.09
SEWER Public Sewer
WATER Public
ZONING RT4
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only
Listed with First Weber Inc - Brookfield
Metro Wisconsin

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