500 W Arthur Ave, Milwaukee, WI, 53207
About This Home
Part of an 18-unit, four-property South Side Portfolio being sold together for $1,700,000. NOT available for individual sale. Companion properties: 2474 S 13th St (MLS #2029289), 2258 S 17th St (MLS #2028568), and 1108-1110 S 20th St (MLS #2029288). 3-unit multifamily built in 1909, near Downtown Milwaukee and Lake Michigan. Diverse unit mix of 1, 2, and 4-bedroom floor plans totaling 2,409 net rentable SF. Current rents average $1,192 with market rents averaging $1,300, offering clear upside.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1909
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Apartment
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Heating features: Other Fuel Type,Other
Interior Area
- Total structure area: 2,410
- Total interior livable area: 2,410 sqft
Property
Details
- Parcel number: 4980586100
- Zoning: RT4
Features
- Levels: Two
Lot
- Lot size: 5,227 sqft
Parking
- Parking features: 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
- 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 | $1,516 | $18,192 |
| Home Insurance * | $114 | $1,368 |
| Property Taxes | $561 | $6,732 |
| Electricity | $226 | $2,717 |
| Total | $2,417 | $29,004 |
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 |
|---|---|---|
| 2026-07-30 | Listed for sale | $300,000 |
| 2018-08-28 | Sold | $73,900 |
| 2015-11-24 | Listing removed | $600 |
| 2015-11-21 | Listed for rent | $600 |
| 2003-04-03 | Sold | $85,500 |
| 1998-05-11 | Sold | $49,000 |
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