$185,000
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1501 South 3Rd St 1505, Milwaukee, WI 53204

- Beds
0 Baths
3,894 Sq Ft

Most likely will require a cash offer. 2 properties on one lot:1501 Lower is a former tavern with original tin ceiling, Upper was a 2 bed/1 bath (75% gutted) and both are awaiting a new vision to continue the rejuvenation of the neighborhood. Next door 1505 is duplex - both units currently occupied. Duplex has newer furnaces, water heaters, electrical, pipes, & ducts (2016) as well as extensive remodeling. These properties offer the opportunity to be a part of this up & coming part of Walkers Point/5th Ward, located conveniently between the 3rd Ward/Downtown to the north, Bay View to the south, and Lake Michigan to the east. Unique opportunity with great current cash flow and major renovation opportunity with commercial building.

  • MLS# 304611668840
  • Date Listed12/12/2025
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.08 acres (3,485 sq. ft)
  • Sewer Public Sewer
  • Property Type Multi Family
  • County MILWAUKEE
  • Year Built 1885
  • Water Public
  • Square Feet 3,894 sq. ft
  • Price Per Sq. Ft $47.51

Interior Features

  • Heating Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.08
  • Lot Size SQFT 3,484.80
  • Lot Features -

Financial Considerations

  • Tax Amount $4,321
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in WI / 53204

Source: Walkscore

83/100

Very Walkable

Walk Score ®

57/100

Good Transit

Transit Score ®

86/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

13 nearby routes: 13 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 65/100, Transit Score: 46/100, Bike Score: 62/100.

Points of Interest near 1501 South 3rd St 1505, Milwaukee, WI 53204

Frequently Asked Questions for 1501 South 3rd ST 1505

Source: Realty.com

1501 South 3rd St 1505, Milwaukee, WI 53204 is a Multi Family, Residential Income property listed for $185,000 The property is 3894 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 26 photos of 1501 South 3rd ST 1505.

Our records indicate that 1501 South 3rd ST 1505 was built in 1885.

The full address for this home is 1501 South 3rd St 1505, Milwaukee, WI 53204.

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 65/100, Transit Score: 46/100, Bike Score: 62/100.

Listing provided courtesy of: Shorewest Realtors, Inc.
Listing agent: Lisa R Wolff (#90019644077)

This content last refreshed on 2025-12-12 16:00:14. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 1501 South 3rd St 1505, Milwaukee, WI 53204 : MLS# 304611668840