1507 Monroe Ave
South Milwaukee, WI 53172
3 bd 2 ba 1,943 sqft Built 1954 Lot 7,405 sqft multi_family
Most recent sale
$250,000
Feb 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 19, 2025 | Sold | $279,000 | MetroMLS |
| Feb 28, 2022 | Sold | $250,000 | MLS #1777377 |
| Jan 21, 2022 | Listed | $239,900 | MLS #1777377 |
| May 30, 2017 | Sold | $178,000 | Public Record |
| May 17, 2017 | Sold | $178,000 | MetroMLS |
| Mar 7, 2017 | Listed | $185,000 | MLS #1516801 |
| May 27, 2016 | Listing removed | $194,500 | MetroMLS |
| Apr 8, 2016 | Listed | $199,500 | MLS #1469158 |
| Jul 16, 2012 | Listing removed | $195,000 | MetroMLS |
| Apr 17, 2012 | Listed | $195,000 | MLS #1252357 |
| Nov 15, 2006 | Sold | $205,000 | Public Record |
| Jul 6, 2005 | Sold | $174,000 | Public Record |
| Jun 24, 1996 | Sold | $117,900 | Public Record |
| May 31, 1996 | Sold | $117,900 | MetroMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $149,200 | $56,700 | $205,900 | $4,316 |
| 2022 | $149,200 | $56,700 | $205,900 | $4,263 |
| 2021 | $116,000 | $49,000 | $165,000 | $4,755 |
| 2020 | $116,000 | $49,000 | $165,000 | $4,691 |
| 2019 | $116,000 | $49,000 | $165,000 | $4,626 |
| 2018 | $116,000 | $49,000 | $165,000 | $4,470 |
| 2017 | $116,000 | $49,000 | $165,000 | $4,400 |
| 2016 | $116,000 | $49,000 | $165,000 | $4,109 |
| 2015 | $116,000 | $49,000 | $165,000 | $4,133 |
| 2014 | $116,000 | $49,000 | $165,000 | $4,033 |
| 2013 | $116,000 | $49,000 | $165,000 | $4,361 |
| 2012 | $116,000 | $49,000 | $165,000 | $4,419 |
| 2011 | $116,000 | $49,000 | $165,000 | $4,371 |
| 2010 | $143,000 | $62,000 | $205,000 | $4,644 |
| 2009 | $143,000 | $62,000 | $205,000 | $4,560 |
| 2008 | $143,000 | $62,000 | $205,000 | $4,457 |
| 2007 | $143,000 | $62,000 | $205,000 | $4,376 |
| 2006 | $115,000 | $34,000 | $149,000 | $4,115 |
Property facts
Year built
1954
Property type
multi_family
Stories
—
Beds
3
Baths
2
Living area
1,943 sqft
Lot size
7,405 sqft
ZIP code
53172
City
South Milwaukee
Street
Monroe Ave
Coordinates
42.91159, -87.87205
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,915
Gross rental yield
13.99%
Implied cap rate
9.09%
Trend-extrapolated value
—
Frequently asked questions
When did 1507 Monroe Ave last sell?
1507 Monroe Ave most recently sold on Feb 28, 2022 for $250,000.
What is the current tax assessment for 1507 Monroe Ave?
The most recent total assessment for 1507 Monroe Ave (year 2024) is $205,900 with $4,316 in property tax.
How does 1507 Monroe Ave's assessment compare to its last sale price?
The current assessment is 17.6% below the last sale price of $250,000.
When was 1507 Monroe Ave built?
1507 Monroe Ave was built in 1954.
How does 1507 Monroe Ave compare to others on Monroe Ave?
We track 8 other properties on Monroe Ave. Browse the list under "Other properties on Monroe Ave" to compare beds, baths, and sale history.
What are the property facts for 1507 Monroe Ave?
1507 Monroe Ave is a 3 bed, 2 bath, 1,943 sqft, 7,405 sqft lot multi_family.
Is 1507 Monroe Ave a flip candidate?
No — 1507 Monroe Ave does not appear in our flips dataset.
Is 1507 Monroe Ave a tax-appeal candidate?
No — 1507 Monroe 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
+3.4%
Implied 1-yr
+13.6%
2026 Q1
$351K
2026 Q2
$360.8K
ZIP 53172 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Monroe Ave