117-119 S 71st St

Beds
Baths
3,318 Sq. Ft.
$151 / Sq. Ft.
3,318
Sq. Ft.
$151
per Sq. Ft.

Description

Rare investment 3 unit opportunity! This well‑maintained townhouse‑style triplex sits in a prime Milwaukee location near Wauwatosa and I‑94 access. With annual gross income of $52,200, this property features three identical 2BR/1.5BA, 1,000 sq ft unitseach with a galley kitchen, dinette with patio access, spacious living room, and private basement with laundry. Major exterior updates completed in 2017 include roof, siding, soffits, windows, and electrical amp upgrade. Unit 119 was...Rare investment 3 unit opportunity! This well‑maintained townhouse‑style triplex sits in a prime Milwaukee location near Wauwatosa and I‑94 access. With annual gross income of $52,200, this property features three identical 2BR/1.5BA, 1,000 sq ft unitseach with a galley kitchen, dinette with patio access, spacious living room, and private basement with laundry. Major exterior updates completed in 2017 include roof, siding, soffits, windows, and electrical amp upgrade. Unit 119 was fully renovated within the last 8 years, and Unit 121 received extensive 2024 updates including kitchens, baths, flooring, cabinetry, drywall, and paint. A strong, turnkey addition to any portfolio!
  1. Listed by Bradley J Koenig • Brokerage DRE #700943-91 • Your Local Home Team
    P: (262)-719-7393 C: (262)-719-7393 Brad@yourlocalhometeam.com

Amenities

  • Basement
  • Full Basement
  • Galley Kitchen
  • Laundry
LISTING UPDATED: 02/13/2026 07:35 PM

Property Details for 117-119 South 71st Street

StatusPending
MLS #1949889
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1981
Lot Size0.17 AC / 7,405 SF
CountyMilwaukee County

Location

Listing Courtesy of Your Local Home Team
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Building Information for 117-119 South 71st Street

Stories-Residences-Year Built1981Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$3,065 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,437

Property Taxes

$628

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 117-119 South 71st Street

Summary
Location and General Information
  • Directions: Take exit 307A from I-94 E toward 68th St/70th St. North on S 70th St to Stevenson St. West on Stevenson St. South on 71st St. Property is on west side of 71st St.
  • Latitude: 43.031092
  • Longitude: -88.001307
  • Postal Code: 53214
  • Postal Code Plus4: 1655
  • Zoning Description: 8830 Multi-Fami
Parking
  • Attached Garage: No
  • Parking Features: Near Public Transit, Outdoor Space
Taxes and HOA
  • Parcel Number: 4061335000
School Information
  • High School District: Milwaukee
Property
Lot Information
  • Building Area Total: 3318.0
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Source: Public Record
  • Lot Size Square Feet: 7405.2
  • Lot Size Units: Acres
Property and Assessments
  • Exclusions: Personal Property of seller and tenants
  • Inclusions: 3 Oven/ranges; 3 refrigerators; 1 microwave; 3 dishwashers; 3 disposals; 3 washers; 3 dryers
  • Year Built: 1981
Utilites
  • Sewer: Municipal Sewer
Interior and Exterior Features
Interior Features
  • Basement: Laundry Facilities, Block, Full
  • Basement: Yes
  • Bathrooms Total Integer: 0
  • Construction Materials: Vinyl
Multi Family
Income & Expenses
  • Gross Scheduled Income: $52,200
  • Net Operating Income: $35,336
  • Operating Expense: $16,864.00
Rental
Rent Information
  • Tenant Pays: Electricity, Heat, Gas

Property History for 117-119 South 71st Street

DateEvent & SourcePriceAppreciation
Feb 13, 2026

Pending

MetroMLS #1949889

Feb 10, 2026

Listed (Active)

MetroMLS #1949889

$500,000
DateEvent & SourcePrice
02/13/2026

Pending

MetroMLS #1949889

02/10/2026

Listed (Active)

MetroMLS #1949889

$500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 117-119 South 71st Street

Taxable ValueLand$23,700Additions$298,200Total$321,900
Tax Record2023$7,535 ($628 / month)
Home Facts
Baths4.5Total Finished SqFt3,318 SqFtAbove Grade Finished SqFt3,318 SqFtStories2Lot Size7,200 SqFtStyleTriplexYear Built1981ZoningRT3CountyMILWAUKEEAPN406-1335-000

Schools near 117-119 South 71st Street

This home is within Milwaukee School District.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - PK to 8
Public - PK to 5
Public - PK to 5
Rating
School
Distance
MacDowell Montessori School
PublicPK to 12

Burbank School
PublicPK to 8

Hawley Environmental School
PublicPK to 5

Neeskara School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Your Local Home Team

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 02/13/2026 07:35 PM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2026 – WiREx. – All Rights Reserved