5280 SQ FT

Year 1928

N/A ROOMS

0.08 ACRES

N/A BEDS

N/A / BATHS

N/A CARS

1963913

South Milwaukee Property Sold For:

$270,000

1011 Milwaukee Ave
South Milwaukee WI 53172

Listed by Compass RE WI-Tosa

Rare mixed-use investment in revitalizing downtown South Milwaukee--''The Avenue''--steps from the commuter rail station and the area's growing food and beverage scene. This 5,280 SF building offers two commercial storefronts plus three residential apartments, fully occupied with long-term tenants. Recent improvements minimize expense: new upper roof with transferable 25-yr warranty, new parapet flashing, and two newer furnaces (all serviced 2025). Rents are below market, creating strong upside through adjustments, NNN conversion, or repositioning. All residential leases are month-to-month--an owner can occupy, reconfigure, or hold for income. Full basement with double-door alley access adds storage or expansion potential. Ideal for value-add investors and owner-operators.

Listed By: Compass RE WI-Tosa
Brought Buyer: Real Estate Redevelopment Group

Listing Price: $299,000
Closing Price: $270,000

Sold Date: 2026-08-28
Days On Market: 36 Days

Property Details

Listing Details

Price

$299,000

Year Built

1928

SQ FT

5280

Lot Size

0.08 ACRES

Tax Key

7710047000

TaxYear

2025

Property Taxes

$5,950

Exclusions

Seller and Tenants Personal/Business Property

Property Type

Comm/Industrial

Zoning

Z4 Urban Center

Property Status

Closed

MLS#

1963913

Interior Details

Included Appliances

N/A

Interior Features

N/A

Heating

N/A

Cooling

Central Air

Water Source

Municipal Water

Levels

N/A

Exterior Details

Architectural Style

N/A

Construction Materials

Brick

Garage Spaces

N/A

Parking Features

N/A

Lot Features

N/A

Exterior Features

N/A

Other Structures

N/A

Waterfront Features

N/A

Utilities & Energy

Central Air

Municipal Water

Photo

Sold

About South Milwaukee

South Milwaukee is an understated, thriving city in Milwaukee County. Recent initiatives have allowed South Milwaukee to reinvent itself and re-evaluate the goals of its citizens.

This initiative includes revitalizing the downtown area and emphasizing the beautiful natural lands available to residents and visitors alike. With a taste of a downtown lifestyle in the many restaurants and businesses, as well as the beautiful parks on the lake, South Milwaukee offers plenty of options for families, friends, and people young and old. Of course, other bonuses include the affordable housing options and the close proximity to downtown Milwaukee.

Community Population

20,785

Community Area

4.81 SQ/MILES

Community Suburb of

Milwaukee County

Community Lifestyle

Suburban

LEARN MORE

Nearby Schools

Elementary School

N/A

Middle Or JuniorSchool

N/A

HighSchool

N/A

School District

N/A

WORK WITH US

We are Wisconsin's #1 Boutique Broker, consistently ranked a Top Team by Real Trends. Our team represents properties in Wisconsin's Luxury Markets. We leverage cutting edge technology to maximize exposure for our clients properties.

CONNECT WITH US

Find Out What Your South Milwaukee Home is Worth

If you're thinking of selling your home in South Milwaukee, get a customized crafted report developed by our expert team of local real estate agents to find out your home's accurate value.

GET STARTED

POWERS LATEST PROPERTIES

VIEW ALL

5 BR | 6-1 BA | 5982 SQ FT

10522 N Manor Cir
Mequon WI 53092

$1,195,000

Listed by Powers Realty Group

4 BR | 3-0 BA | 3508 SQ FT

2508 E Beverly Rd
Shorewood WI 53211

$950,000

Listed by Powers Realty Group

6 BR | 4-2 BA | 6211 SQ FT

3107 N Shepard Ave
Milwaukee WI 53211

$1,350,000

Listed by Powers Realty Group

Coming Soon

4 BR | 2-1 BA | 2923 SQ FT

3322 N Lake Dr
Milwaukee WI 53211

$1,100,000

Listed by Powers Realty Group

Wisconsin's #1
Boutique Broker ^™

POWERS REALTY GROUP OFFICE LOCATIONS

Powers Realty Group, Inc. - Shorewood

4214 North Oakland Avenue
Shorewood, WI 53211

powersrealty.com

414.963.0000

Powers Realty Group, Inc. - Naples / Marco Island

780 Fifth Avenue South, Suite #200
Naples, FL 34102

powersrealtyfl.com

239.682.7476

414.963.0000

suzanne@powersrealty.com

IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information is supplied by seller and other third parties and has not been verified. Powers Realty Group shall not be held responsible for any discrepancy and will not be liable for any damages of any kind arising from the use of this site

Copyright & Content Use Notice

All content on this website, including text, photographs, graphics, videos, listings, data, and other materials (“Content”), is the exclusive property of Powers Realty Group, Inc. or its licensors and is protected by U.S. and international copyright, trademark, and intellectual property laws. No part of this Content may be copied, reproduced, distributed, published, displayed, transmitted, modified, or otherwise used in any form or by any means—electronic, mechanical, digital, or otherwise—without the prior written consent of Powers Realty Group, Inc. Unauthorized use of our Content, including screenshots, images, and proprietary data, is strictly prohibited and may result in legal action

RESO MLS Web API Website Design By Rockstar Design

Rockstar Design is a MODX Professional Partner

South Milwaukee Property Sold For:

1011 Milwaukee Ave South Milwaukee WI 53172

1011 Milwaukee Ave
South Milwaukee WI 53172