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Listing provided courtesy of The Stefaniak Group, LLCMetro MLS- MLS# 1965681MLS Provider

1229 S 62nd St, 1231West Allis, WI 53214

Multi-Family · 2,976 Sq. ft. | 0.08 Acres
$319,900 Active With Offer

1229 S 62nd St, 1231 Overview

Time on Site:
26 days
Visits:
4

Great investment opportunity or run a business and live in building. Property has been in same family since the 1960's. Currently used as 3 rental apartments plus Plumbing office in front. Could be made into large main floor apartment. Also has 6 car garage. Full 3rd floor walk-up attic is unfinished. New roof with complete tear-off approximately 5 years ago. Newer boiler. Rents are low as family/relatives rented 3 of the 4 units. 1 unit is currently vacant and has brand new carpeting. Also 3 new glass block windows just installed plus new drain tile system and sum pump.

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1229 S 62nd St, 1231 Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,976
  • Price/Sq.ft. $107
  • Lot 0.08 Acres

Details

General

School Information

  • School District: West Allis-West Milwaukee

Income/Expenses

  • Gross Scheduled Income: 32040
  • Net Operating Income: 15900.98
  • Operating Expense: 16139.02

Listing Information

  • Contingency: With Offer

Building Information

  • Year Built: 1916

Location/Region

  • County Or Parish: Milwaukee
  • Postal City: West Allis

General Information

  • Exclusions: Personal Property of tenants.
  • Inclusions: 3 ranges, 3 refrigerators.
  • Parcel Number: 4390222002
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 2976

General Information

    Exterior

    Parking Information

    • Parking Features: Indoor Space

    Lot Information

    • Lot Size Source: Public Record
    • Lot Size Square Feet: 3484.8
    • Lot Size Units: Acres

    Building Exterior/Construction

    • Attached Garage: false
    • Construction Materials: Other,Stone

    General Information

    • Sewer: Municipal Sewer

    1229 S 62nd St, 1231 Neighborhood

    Community

    53214 (WEST ALLIS) Demographics

    38
    Median Age
    4,837
    Population Density (per sq. mile)
    34%
    College Educated
    $49,994
    Estimated Median Income
    8,038
    Estimated Total Home Owners
    8,068
    Estimated Total Renters
    50% / 50%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    1229 S 62nd St, 1231 Monthly Cost

    $
    $ %
    %
    $
    $
    Jim Luxem Jr
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    1229 S 62nd St, 1231 Market Data

    Based on the last 30 days in this zip code

    $273,853
    Average List Price
    $198
    Average Price per Square Foot
    31
    Properties Sold
    65
    Average Days on Market
    45
    Properties for Sale
    Calculations provided by Reliance Network

    1229 S 62nd St, 1231 History

    Date Event Value Agent
    6/11/2026Source: Metro MLS Status Change
    Active With Offer
    6/4/2026Source: Metro MLS Added to Database
    June 04, 2026