1556 W Mitchell St

$119,500
Price
Beds
Baths
2,640 Sq. Ft.
$45 / Sq. Ft.
2,640
Sq. Ft.
$45
per Sq. Ft.

Description

Value-Add 4-Unit with Strong Upside Potential Rare opportunity to acquire a four-unit apartment building primed for increased cash flow. The property includes two 1-bedroom units and two 2-bedroom units, each with separate kitchens and full bathrooms. A low-maintenance exterior helps control expenses, while the interiors present a clear path for updates and rent growth. Perfect for the hands-on investor looking to add value through improvements, reposition units, and maximize returns. Ideal for sweat...Value-Add 4-Unit with Strong Upside Potential Rare opportunity to acquire a four-unit apartment building primed for increased cash flow. The property includes two 1-bedroom units and two 2-bedroom units, each with separate kitchens and full bathrooms. A low-maintenance exterior helps control expenses, while the interiors present a clear path for updates and rent growth. Perfect for the hands-on investor looking to add value through improvements, reposition units, and maximize returns. Ideal for sweat equity, long-term appreciation, and scalable income growth.
  1. Listed by James C Harris Jr • Brokerage DRE #938233-91 • Vylla Home
    P: (262)-309-7803 C: (262)-309-7803 james.harris@vylla.com

Amenities

  • Basement
  • Full Basement
LISTING UPDATED: 01/06/2026 03:26 PM

Property Details for 1556 West Mitchell Street

StatusActive
MLS #1946409
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1880
Lot Size0.06 AC / 2,613 SF
CountyMilwaukee County

Location

Listing Courtesy of Vylla Home
Add your commute

Building Information for 1556 West Mitchell Street

Stories-Residences-Year Built1880Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$1,253 per month

30 year fixed, 6.15% Interest

Principal and Interest

$582

Property Taxes

$671

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1556 West Mitchell Street

Summary
Location and General Information
  • Directions: West on Mitchell st to property.
  • Latitude: 43.012507
  • Longitude: -87.932308
  • Postal Code: 53204
  • Postal Code Plus4: 3230
  • Zoning Description: RES
Parking
  • Attached Garage: No
  • Parking Features: None, Near Public Transit
Taxes and HOA
  • Parcel Number: 4601011000
School Information
  • High School District: Milwaukee
Property
Lot Information
  • Building Area Total: 2640.0
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Source: Public Record
  • Lot Size Square Feet: 2613.6
  • Lot Size Units: Acres
Property and Assessments
  • Inclusions: None
  • Year Built: 1880
Utilites
  • Sewer: Municipal Sewer
Interior and Exterior Features
Interior Features
  • Basement: Block, Full
  • Basement: Yes
  • Bathrooms Total Integer: 0
  • Construction Materials: Aluminum Siding
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 1556 West Mitchell Street

DateEvent & SourcePriceAppreciation
Jan 6, 2026

Listed (Active)

MetroMLS #1946409

$119,500
Mar 31, 2021

Sold (Public Record)

Public Record #1455997228

Mar 31, 2021

Sold (Public Record)

Public Record #697050676

Mar 30, 2021

Sold (Public Record)

Public Record #696723842

Mar 30, 2021

Sold (Public Record)

Public Record #1455581839

Aug 31, 2017

Sold

MetroMLS #1521840

Aug 30, 2017

Sold (Public Record)

Public Record #610294815

Jul 18, 2017

Pending

MetroMLS #1521840

Apr 17, 2017

Listed (Active)

MetroMLS #1521840

$67,900
DateEvent & SourcePrice
01/06/2026

Listed (Active)

MetroMLS #1946409

$119,500
03/31/2021

Sold (Public Record)

Public Record #1455997228

03/31/2021

Sold (Public Record)

Public Record #697050676

03/30/2021

Sold (Public Record)

Public Record #696723842

03/30/2021

Sold (Public Record)

Public Record #1455581839

08/31/2017

Sold

MetroMLS #1521840

08/30/2017

Sold (Public Record)

Public Record #610294815

07/18/2017

Pending

MetroMLS #1521840

04/17/2017

Listed (Active)

MetroMLS #1521840

$67,900

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

Public Records for 1556 West Mitchell Street

Taxable ValueLand$7,600Additions$121,200Total$128,800
Tax Record2024$8,054 ($671 / month)
Home Facts
Baths1Total Finished SqFt2,070 SqFtAbove Grade Finished SqFt2,070 SqFtStories2Lot Size2,640 SqFtStyleMulti-Family Res (5+ Units)Year Built1880ZoningLB2CountyMILWAUKEEAPN460-1011-000

Schools near 1556 West Mitchell Street

This home is within Milwaukee School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Elm Creative Arts Elementary School
PublicPK to 5

Milwaukee Spanish Immersion School
PublicPK to 5

Milwaukee French Immersion School
PublicPK to 5

Forest Home Avenue 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.

Similar Homes

Similar Sold Homes

1556 West Mitchell Street is a multi-family home for sale in Milwaukee, WI 53204. This property was listed for sale on January 6, 2026 by Vylla Home, it's currently listed at $119,500. It has been on the market for a total of 5 days and was last sold on March 31, 2021. This listing's school district is Milwaukee School District. Nearby schools include Elm Creative Arts Elementary School, Milwaukee Spanish Immersion School and Milwaukee French Immersion School. 1556 West Mitchell Street is a 0-bed, 0-bath, 2,640 sqft multi-family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vylla Home

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 01/06/2026 03:26 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