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507 N 31st St , 509,509A

Milwaukee, WI 53208
  • $349,999
  • STATUS: Active Under Contract
  • ON SITE: 19 Days
  • ID#: 1950473
Under Contract
UPDATED: 63 min ago
$349,999
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1908
County:
Area:

School Ratings & Info

School District:
Data Source: MetroMLS

Listing provided courtesy of First Weber Inc - Brookfield: (262) 782-3110.

Description

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.

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© 2026 MetroMLS - All rights reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MetroMLS or Shine Realty. Data last updated: 2026-03-09T18:52:36.607.
www.housesthatshine.com/homes/173102194
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507 N 31st St , 509,509A Milwaukee, WI 53208

  • Price: $349,999
  • Status: Active Under Contract
  • On Site: 19 Days
  • Updated: 63 min ago
  • ID#: 1950473
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1908
Built
Neighborhood:
Milwaukee
County:
Milwaukee
Area:
Milwaukee
School District:
Milwaukee
Property Description
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.
Exterior Features

Exterior BrickVinyl Garage Parking Outdoor Space Parking Inside 0.00 Parking Outside 5.00 Stories 3-4 Stories

Interior Features

Basement BrickFullLaundry FacilitiesPoured Concrete Heating Cooling Central AirElectricForced AirNatural Gas Unit Type1 1 Bath3 or More BedroomsAir ConditioningBalcony/PatioDining RoomLiving RoomRange/OvenRefrigerator Unit Type2 1 Bath3 or More BedroomsAir ConditioningBalcony/PatioDining RoomLiving RoomRange/OvenRefrigerator Unit Type3 1 Bath2 BedroomsLiving RoomRange/Oven Unit1 Sq Ft 1251-1500 Unit2 Sq Ft 1251-1500 Unit3 Sq Ft 751-1000

Property Features

Contingent With Offer Flood Plain No Municipality City Source Acreage Public Records Source Year Built Public Records Tax Year 2024 Taxes 3851.00 Type Duplex + Units Type1 0.00 Water Waste Municipal SewerMunicipal Water Zoning RT4

© 2026 MetroMLS - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified.


© 2026 MetroMLS - All rights reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MetroMLS or Shine Realty. Data last updated: 2026-03-09T18:52:36.607.
 
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Shine Realty
101 N Main St.
Jefferson WI, 53549
Data Source: MetroMLS

Listing provided courtesy of First Weber Inc - Brookfield: (262) 782-3110.