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507 N 31st STREET #509,509A, 
Milwaukee, WI 53208

$349,999


Bed


Bath


2,894

Sq Ft


Multi-Family

Pending

Listed by

Leigh Jackson

First Weber Inc - Brookfield

262-782-3110

Last updated:

May 24, 2026, 03:07 PM

MLS#

1950473

Source:

Metro MLS

About This Home

507 N 31st STREET #509,509A

Merrill Park Luxury 3 FAMILY Investor/Homeowners Dream! This 3/4/2 fully renovated vacant triplex with over 12 cap rate is what you've been waiting for! This property is massive in size, will command over $4,000 monthly in gross rent, and is a CASH COW! All 3 units display a unique blend old warm charm mixed with modern features. You will fall in love with the tall ceilings, stainless steel appliances, new kitchens, bathrooms, new furnaces, new central air units, new foundation & exterior just to name a few (see attached seller updates document).Plenty of parking in the back as well as on the street. Located just blocks away from Marquette University High School, and minutes away from both Miller Park and Downtown Milwaukee.

Home Facts

Multi-Family

Built in 1908

Price Summary

349,999

$120 per Sq. Ft.

MLS #:

1950473

Last Updated:

May 24, 2026, 03:07 PM

Added:

3 month(s) ago


Rooms & Interior

Interior

Living Area:

2,894 Sq. Ft.


Structure

Structure

Building Area:

2,894 Sq. Ft.

Year Built:

1908


Lot

Lot Size (Sq. Ft):

3,920


Finances & Disclosures

Finances

Price:

$349,999

Price per Sq. Ft:

$120 per Sq. Ft.

Source:Metro MLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.