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Duplex with Repair Requirements
New
For Sale
$45,000

3042 N 2nd St, Milwaukee, WI 53212

Tax-foreclosure duplex offered as-is, with essential repairs required after purchase.

Property Size1,960 SF
Price / SF$22.96
Days on Market7

Property Features for 3042 N 2nd St

General Information

Standard status Active
Size 1,960 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence $50,240 in essential repairs

Additional Details

Multifamily Units 2

Building Details

Year Built 1911
Buildings 1
Listing Agency: The Rosemont Group Realty LLC
Listed By: Tammy Lowney · License #5492490
Source: Levelupwi
Added: Aug 25 Changed: Aug 30 Last Checked: Aug 30 at 8:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Rosemont Group Realty LLC

Investment Insights

Based on property information with market context.

This Milwaukee duplex contains 1,960 square feet and was built in 1911. The property is offered in its existing condition, with essential repairs required. Interior room dimensions are estimates, and caution is advised during entry.

Located at 3042 N 2nd St, Milwaukee, WI 53212, the property is a City of Milwaukee tax-foreclosure asset. A performance deposit is required, with essential repairs to be completed within 180 days and proof of completion provided by the City for the deposit’s return. The property is currently tax exempt, with post-sale tax information to follow.

Key Highlights

  • 1,960‑square‑foot duplex built in 1911
  • City of Milwaukee tax‑foreclosure property
  • Property is being sold in AS‑IS condition

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Parking Lot & Garage Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

757
Businesses Nearby

Demographics for 53212, WI

28,702
Population
15,749
Households
1.8
Avg Household Size
32
Median Age
37%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
7,000
Density / Sq Mi
$42,679
Median Household Income
$36,578
Median Earnings
$1,038
Median Rent
$204,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Tax-foreclosure duplex offered as-is, with essential repairs required after purchase.
Where is this duplex located?
The property is located at 3042 N 2nd St Milwaukee, WI.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: 1,960‑square‑foot duplex built in 1911; City of Milwaukee tax‑foreclosure property; Property is being sold in AS‑IS condition
More about this property
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