5118 Parkland Ave
Milwaukee, WI 53223
3 bd 2 ba 1,547 sqft Built 1957 Lot 11,326 sqft single_family
Most recent sale
$225,000
Jul 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 27, 2022 | Sold | $225,000 | MLS #1798717 |
| Jun 24, 2022 | Listed | $215,000 | MLS #1798717 |
| Sep 1, 1993 | Sold | $84,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $199,900 | $26,100 | $226,000 | $4,813 |
| 2022 | $163,100 | $26,100 | $189,200 | $4,189 |
| 2021 | $128,600 | $26,100 | $154,700 | $3,749 |
| 2020 | $128,600 | $26,100 | $154,700 | $3,790 |
| 2019 | $113,400 | $26,100 | $139,500 | $3,380 |
| 2018 | $102,400 | $26,200 | $128,600 | $3,097 |
| 2017 | $102,400 | $26,200 | $128,600 | $3,307 |
| 2016 | $107,000 | $16,000 | $123,000 | $3,312 |
| 2014 | $107,000 | $16,000 | $123,000 | $3,296 |
| 2013 | $110,000 | $16,000 | $126,000 | $3,643 |
| 2012 | $126,600 | $16,000 | $142,600 | $3,695 |
| 2011 | $126,600 | $16,000 | $142,600 | $3,621 |
| 2010 | $126,600 | $16,000 | $142,600 | $3,621 |
| 2008 | $136,900 | $16,000 | $152,900 | $3,549 |
| 2007 | $136,900 | $16,000 | $152,900 | $3,450 |
| 2006 | $136,900 | $16,000 | $152,900 | $3,330 |
Property facts
Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,547 sqft
Lot size
11,326 sqft
ZIP code
53223
City
Milwaukee
Street
Parkland Ave
Coordinates
43.15919, -87.97603
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,321
Gross rental yield
12.38%
Implied cap rate
8.05%
Trend-extrapolated value
—
Frequently asked questions
When did 5118 Parkland Ave last sell?
5118 Parkland Ave most recently sold on Jul 27, 2022 for $225,000.
What is the current tax assessment for 5118 Parkland Ave?
The most recent total assessment for 5118 Parkland Ave (year 2024) is $226,000 with $4,813 in property tax.
How does 5118 Parkland Ave's assessment compare to its last sale price?
The current assessment is 0.4% above the last sale price of $225,000.
When was 5118 Parkland Ave built?
5118 Parkland Ave was built in 1957.
How does 5118 Parkland Ave compare to others on Parkland Ave?
We track 2 other properties on Parkland Ave. Browse the list under "Other properties on Parkland Ave" to compare beds, baths, and sale history.
What are the property facts for 5118 Parkland Ave?
5118 Parkland Ave is a 3 bed, 2 bath, 1,547 sqft, 11,326 sqft lot single_family.
Is 5118 Parkland Ave a flip candidate?
No — 5118 Parkland Ave does not appear in our flips dataset.
Is 5118 Parkland Ave a tax-appeal candidate?
No — 5118 Parkland Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.4%
Implied 1-yr
+9.5%
2026 Q3
$263.3K
2026 Q4
$268.8K
ZIP 53223 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Parkland Ave