1541 S Union St

Beds
Baths
2,128 Sq. Ft.
$103 / Sq. Ft.
2,128
Sq. Ft.
$103
per Sq. Ft.

Description

Excellent opportunity to own a cash-flowing 4-unit in Milwaukee's near south side in the Muskego Way neighborhood. This property features a strong unit mix with two 1-bedroom units and two 2-bedroom units, appealing to a wide tenant pool. Located in a highly walkable area with easy access to public transit, shopping centers, and everyday conveniences, tenants will love the proximity to Mitchell Street amenities, local dining, and nearby parks like Mitchell Park Conservatory. With solid rental demand...Excellent opportunity to own a cash-flowing 4-unit in Milwaukee's near south side in the Muskego Way neighborhood. This property features a strong unit mix with two 1-bedroom units and two 2-bedroom units, appealing to a wide tenant pool. Located in a highly walkable area with easy access to public transit, shopping centers, and everyday conveniences, tenants will love the proximity to Mitchell Street amenities, local dining, and nearby parks like Mitchell Park Conservatory. With solid rental demand in the area and value-add potential through rent growth or continued updates, this property is ideal for both seasoned investors and those looking to start or expand their portfolio.
  1. Listed by Holly T Speranza • Brokerage DRE #937586-91 • Keller Williams-MNS Wauwatosa
    P: (414)-517-3387 C: (414)-517-3387 hollysperanza@kw.com

Amenities

  • Full Basement
LISTING UPDATED: 04/24/2026 10:53 AM

Property Details for 1541 South Union Street

StatusActive With Offer
MLS #1957135
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1893
Lot Size0.05 AC / 2,178 SF
CountyMilwaukee County

Location

Listing Courtesy of Keller Williams-MNS Wauwatosa
Add your commute

Building Information for 1541 South Union Street

Stories-Residences-Year Built1893Building Size-Lot Size0.05 AC / 2,178 SF

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Principal and Interest

$1,107

Property Taxes

$240

HOA Dues

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Property Information for 1541 South Union Street

Summary
Location and General Information
  • Directions: W Forest Home Ave and merge left onto S Muskego Ave, continue to W Arrow St and take a left. Proceed to take a left on S Union St.
  • Latitude: 43.015185
  • Longitude: -87.936815
  • Postal Code: 53204
  • Zoning Description: RT4
Parking
  • Attached Garage: No
  • Parking Features: Near Public Transit, Outdoor Space
Taxes and HOA
  • Parcel Number: 4601644000
School Information
  • High School District: Milwaukee
Property
Lot Information
  • Building Area Total: 2128.0
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Source: Public Record
  • Lot Size Square Feet: 2178.0
  • Lot Size Units: Acres
Property and Assessments
  • Exclusions: Seller's and Tenants' personal items
  • Inclusions: Any items left by the seller at the property upon closing.
  • Year Built: 1893
Utilites
  • Sewer: Municipal Sewer
Interior and Exterior Features
Interior Features
  • Basement: Full
  • Basement: Yes
  • Bathrooms Total Integer: 0
  • Construction Materials: Other, Vinyl
Multi Family
Income & Expenses
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Operating Expense: $.00
Rental
Rent Information
  • Tenant Pays: Electricity, Heat, Gas

Property History for 1541 South Union Street

DateEvent & SourcePriceAppreciation
Apr 24, 2026

Contingent

MetroMLS #1957135

Apr 17, 2026

Price Change

MetroMLS #1957135

$219,900
Apr 9, 2026

Off Market

MetroMLS #1955554

DateEvent & SourcePrice
04/24/2026

Contingent

MetroMLS #1957135

04/17/2026

Price Change

MetroMLS #1957135

$219,900
04/09/2026

Off Market

MetroMLS #1955554

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

Public Records for 1541 South Union Street

Taxable ValueLand$2,000Additions$122,800Total$124,800
Tax Record2024$2,884 ($240 / month)
Home Facts
Baths1Total Finished SqFt2,128 SqFtAbove Grade Finished SqFt2,128 SqFtStories2Lot Size2,080 SqFtStyleMulti-Family Res (5+ Units)Year Built1893ZoningRT4CountyMILWAUKEEAPN460-1644-000

Schools near 1541 South Union Street

This home is within Milwaukee School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Mitchell Integrated Arts School
PublicPK to 8

South Accelerated Academy
Public9 to 12

South Division High School
Public9 to 12

Longfellow School
PublicPK to 8

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 Keller Williams-MNS Wauwatosa

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 04/24/2026 10:53 AM Listing presented by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. Compass · Tel: 212-913-9058 · New York, NY Information is supplied by seller and other third parties and has not been verified. Copyright 2026 – WiREx. – All Rights Reserved