1 month on rocket

5161 N 56th St, Milwaukee, WI, 53218

$104,999

Home List Price

$1,247*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
995 SqFt
$106/SqFt
House
Schools Nearby

Location

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5161 N 56th St, Milwaukee$104,999

Buyer Closing Credits

$1,247*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOpener Included, Detached, 3 Car
Attached Garage3 spaces
Year Built1928
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #1869002
Lot Size0.16 Acres
StatusActive

About 5161 N 56th St

Introducing an exceptional investment opportunity in this captivating 2-bedroom, 1.5-bathroom home! Boasting a nearly-new furnace from 2022, alongside a spacious two-car garage offering ample storage, this property promises both functionality and convenience. Currently rented on a month-to-month lease at $950 a month, this presents a below-market value rent, ready for potential increase in rental income. The backyard space and deck offer boundless potential for outdoor enjoyment and relaxation. With its great features and value add potential, don't wait - seize the chance to capitalize on this investment opportunity today!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1928
  • Stories: 1
  • Living Area: 995 SqFt

Listing Office:

  • Office Name: Compass RE WI-Tosa
  • Office Email: kels@compass.com
  • Listing Agent: Houseworks Collective Team*

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Opener Included, Detached, 3 Car

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Milwaukee School of Languages, Public District Grades 6-12
  • Milwaukee High School of The Arts, Public District Grades 9-12
  • Bradley Technology High School, Public District Grades 9-12
  • Craig Montessori School, Public District Grades PK-8
  • Starms Discovery, Public District Grades 1-8
  • Roosevelt Middle School, Public District Grades 6-8
  • Hampton Elementary School, Public District Grades PK-5
  • Milwaukee German Immersion, Public District Grades PK-5
  • Milwaukee French Immersion, Public District Grades PK-5

Other

Municipality:

  • Milwaukee

Price Information

Listing Price Info

Price Summary:

  • List Price: $104,999
  • Price Per SqFt: $106/SqFt

Tax Information:

  • Annual Amount: $3,794
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Milwaukee, WI.

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Milwaukee, WI

City

Med. Sold Price

$234.7K

Med. Price/SqFt

$169

# of Sold Homes

527

5161 N 56th St vs Milwaukee

36 DAYS ON ROCKET

$104,999

-$129.7K Less

$106/SqFt

-$64 Less

KEY TAKEAWAY

This property is $129.7K less than the Median Sold Price and $64/SqFt less than other homes in Milwaukee, WI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: WIREX_METRO
  • MLS Number: #1869002

Listing Office:

  • Office Name: Compass RE WI-Tosa
  • Office Email: kels@compass.com
  • Listing Agent: Houseworks Collective Team*

© 2024 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 8:25:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 03, 2006Home Sold
$84,400

Tax History

YEARPROP. TAXASSESSMENT
2020$3,794$48,800
2019$3,793$48,700
2018$5,080$44,700

History based on county public records data.

Payment Calculator

$592

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$381

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4632167
6
/10

  • Hampton Elementary School

  • 5000 N 53rd St

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-4632168
5
/10

  • Milwaukee German Immersion

  • 3778 N 82nd St

  • 2.39 miles

  • Public District Grades PK-5

school-card-donut-4632169
4
/10

  • Milwaukee French Immersion

  • 2360 N 52nd St

  • 3.43 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4632170
4
/10

  • Craig Montessori School

  • 7667 W Congress St

  • 1.63 miles

  • Public District Grades PK-8

school-card-donut-4632171
5
/10

  • Starms Discovery

  • 2035 N 25th St

  • 4.20 miles

  • Public District Grades 1-8

school-card-donut-4632172
3
/10

  • Roosevelt Middle School

  • 800 W Walnut St

  • 5.06 miles

  • Public District Grades 6-8

High School

school-card-donut-4632173
3
/10

  • Milwaukee School of Languages

  • 8400 W Burleigh St

  • 3.05 miles

  • Public District Grades 6-12

school-card-donut-4632174
2
/10

  • Milwaukee High School of The Arts

  • 2300 W Highland Ave

  • 5.03 miles

  • Public District Grades 9-12

school-card-donut-4632175
2
/10

  • Bradley Technology High School

  • 700 S 4th St

  • 6.94 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,411. Typical income of Milwaukee, WI residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5161 N 56th St

What is the listing price of this property?

The listing price of 5161 N 56th St property is $104,999.

What type of property is this?

The property 5161 N 56th St is a house located in Milwaukee, Wisconsin, 53218.

Is this property for sale now?

Active Listing: 5161 N 56th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5161 N 56th St are:
Hampton Elementary School: GreatSchools Rating 6/10
Milwaukee German Immersion: GreatSchools Rating 5/10
Milwaukee French Immersion: GreatSchools Rating 4/10
Craig Montessori School: GreatSchools Rating 4/10
Starms Discovery: GreatSchools Rating 5/10
Roosevelt Middle School: GreatSchools Rating 3/10
Milwaukee School of Languages: GreatSchools Rating 3/10
Milwaukee High School of The Arts: GreatSchools Rating 2/10
Bradley Technology High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,794 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 3, 2006 for $84,400. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5161 N 56th St has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5161 N 56th St is 995 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5161 N 56th St is 1928.

Rocket Homes›Wisconsin›Milwaukee County›Milwaukee›53218›5161 N 56th St

This home is located at 5161 N 56th St in Milwaukee, WI and zip code 53218 in the West neighborhood. This 995 square foot home, which was built in 1928, sits on a 0.16 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $104,999.

In April 2024 more than 308 listings in Milwaukee, WI were sold above the asking price. During the same period more than 77 listings were sold at asking price, while more than 142 were sold below. The number of homes for sale in Milwaukee, WI increased by 14.9% between March 2024 and April 2024.

From Rocket Homes Real Estate and based on county public records data.

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