2375 S 16th STREET #2377, Milwaukee, WI, 53215
About This Home
Prime investment opportunity! Fully occupied 5-unit property generating $3,800+ monthly in rental income. Sold as-is, where-is with immediate cash flow potential. Each unit offers 2 separate entrances/exits, giving tenants added privacy and convenience. Perfect for buyers looking to secure strong cash flow while adding a valuable income-producing property to their portfolio.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: 21+ Years
- Year built: 1997
Materials
- Construction materials: Aluminum Siding,Aluminum/Steel,Other
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Basement
- Basement: None / Slab
Bedroom2
- Level: Main
- Area: 120
Bedroom3
- Level: Upper
- Area: 120
Bedroom4
- Level: Upper
- Area: 110
Bedroom5
- Level: Upper
- Area: 120
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
- Main level bedrooms: 2
Heating
- Heating features: Natural Gas,Forced Air
Interior Area
- Total structure area: 4,800
- Total interior livable area: 4,800 sqft
Kitchen
- Level: Main
- Area: 100
Living Room
- Level: Main
- Area: 120
Master Bedroom
- Level: Main
- Area: 110
Property
Details
- Parcel number: 4960021000
- Zoning: LC40M
- Exclusions: None
Features
- Levels: Two
- Stories: 2
- Living area range: 3501 or more,3501-5000,2501 or more
Lot
- Lot size: 4,791 sqft
Parking
- Total spaces: 3
- Parking features: Detached,3 Car,1 Space
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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 | $1,845 | $22,140 |
| Home Insurance * | $201 | $2,412 |
| Property Taxes | $553 | $6,636 |
| Electricity | $451 | $5,412 |
| Total | $3,050 | $36,600 |
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 |
|---|---|---|
| 2026-06-11 | Price change | $364,900 |
| 2026-05-28 | Listed for sale | $375,000 |
View on Zillow