2312 N 71st STREET, Wauwatosa, WI, 53213
About This Home
Check out this fantastic investment opportunity in Wauwatosa! This well-maintained property features 8 studio-style units. It includes a large private parking lot at the rear of the building. Seven units are currently rented at $700 per month, while the eighth unit is rented at $800, providing significant potential for future rent increases. The basement offers individual storage lockers for each unit, as well as a coin-operated washer and dryer, generating an additional $1,000 to $1,500 annually. Utilities are shared, with tenants covering the water bill, while the owner pays electric and gas, which typically costs between $450 and $700 per month. Don't miss out on this prime investment opportunity--schedule a tour today!
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: 21+ Years
- Year built: 1953
Materials
- Construction materials: Brick/Stone,Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Apartment
Interior
Appliances
- Appliances included: Dryer,Washer
Basement
- Has basement: Yes
- Basement: Full
Heating
- Heating features: Natural Gas
Property
Details
- Parcel number: 331028300
- Zoning: C1 Commerical
Lot
- Lot size: 7,405 sqft
Parking
- Parking features: Outdoor Space,Inside Parking,Outside
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Wisconsin Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,817 | $45,804 |
| Home Insurance * | $290 | $3,480 |
| Property Taxes | $1,291 | $15,492 |
| Electricity | $171 | $2,054 |
| Total | $5,569 | $66,828 |
Income You'd Need if You Spent...
Wisconsin FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-07 | Listed for sale | $755,000 |
| 2026-01-02 | Listing removed | $755,000 |
| 2025-07-24 | Price change | $755,000 |
| 2025-03-31 | Listed for sale | $775,000 |
| 2017-11-03 | Sold | $345,000 |
| 2014-10-14 | Sold | $295,000 |
| 2003-04-14 | Sold | $295,000 |
View on Zillow