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Listing provided courtesy of RE/MAX ForwardMetro MLS- MLS# 1967473MLS Provider

5009 N 38th St, 5009AMilwaukee, WI 53209

Multi-Family · 0.18 Acres
$250,000 Active

5009 N 38th St, 5009A Overview

Time on Site:
14 days
Visits:
0

Turnkey investment opportunity! This fully renovated 3/2 duplex or 2/2 with additional in-law suite offers the perfect combination of modern updates, strong rental income, and long-term value. Situated on a spacious double lot, the property features open concept, updated kitchens with granite countertops, vinyl plank flooring, generously sized walk-in closets, and beautifully rebuilt front porches. Enjoy ample off-street parking with a 2-car garage plus two additional parking spaces. Fully rented this is an excellent opportunity for investors seeking immediate cash flow or owner-occupants looking to offset their mortgage with rental income. Whether you're expanding your portfolio or purchasing your first multifamily property, this move-in-ready asset checks all the boxes.

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5009 N 38th St, 5009A Facts & Features

  • Type Multi-Family
  • Lot 0.18 Acres

Details

General

School Information

  • School District: Milwaukee

Listing Information

  • Concessions: No

Building Information

  • Year Built: 1903

Location/Region

  • County Or Parish: Milwaukee
  • Postal City: Milwaukee

Tax Information

  • Tax Annual Amount: 1810
  • Tax Year: 2025

General Information

  • Exclusions: 2 refrigerators, microwave, washer, tenant's personal property
  • Inclusions: 2 stoves, 2 dishwashers, 1 dryer, camera system (4 cameras)
  • Listing Terms: 1031 Exchange
  • Parcel Number: 2080850000
  • Property Sub Type: Two Family
  • Property Type: Two-Family
  • Zoning: RT3

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: Full,Walk Out/Outer Door,Block,Full Bath
  • Living Area Source: Public Records

Unit Information

  • Unit 1 Rooms: 2nd Bedroom Length: 10
  • Unit 1 Rooms: 2nd Bedroom Level: Main
  • Unit 1 Rooms: 2nd Bedroom Width: 9
  • Unit 1 Rooms: 3rd Bedroom Length: 7
  • Unit 1 Rooms: 3rd Bedroom Level: Lower
  • Unit 1 Rooms: 3rd Bedroom Width: 12
  • Unit 1 Rooms: Kitchen Length: 14
  • Unit 1 Rooms: Kitchen Level: Main
  • Unit 1 Rooms: Kitchen Width: 15
  • Unit 1 Rooms: LivingGreat Room Length: 14
  • Unit 1 Rooms: LivingGreat Room Level: Main
  • Unit 1 Rooms: LivingGreat Room Width: 11
  • Unit 1 Rooms: Master Bedroom Length: 10
  • Unit 1 Rooms: Master Bedroom Level: Main
  • Unit 1 Rooms: Master Bedroom Width: 11
  • Unit 2 Rooms: 2nd Bedroom Length2: 11
  • Unit 2 Rooms: 2nd Bedroom Width2: 11
  • Unit 2 Rooms: Kitchen Length2: 6
  • Unit 2 Rooms: Kitchen Level2: Upper
  • Unit 2 Rooms: Kitchen Width2: 10
  • Unit 2 Rooms: LivingGreat Room Length2: 18
  • Unit 2 Rooms: LivingGreat Room Level2: Upper
  • Unit 2 Rooms: LivingGreat Room Width2: 23
  • Unit 2 Rooms: Master Bedroom Length2: 14
  • Unit 2 Rooms: Master Bedroom Level2: Upper
  • Unit 2 Rooms: Master Bedroom Width2: 11

Exterior

Parking Information

  • Parking Features: Parking Space,Alley Entrance,Garage Door Opener

Lot Information

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 7840.8
  • Lot Size Units: Acres

Building Exterior/Construction

  • Attached Garage: false
  • Garage Type: Detached
  • Construction Materials: Vinyl

General Information

  • Number Of Units Total: 2
  • Sewer: Municipal Sewer

5009 N 38th St, 5009A Neighborhood

Community

53209 (Glendale) Demographics

35
Median Age
4,414
Population Density (per sq. mile)
32%
College Educated
$37,288
Estimated Median Income
8,335
Estimated Total Home Owners
11,348
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5009 N 38th St, 5009A Monthly Cost

$
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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5009 N 38th St, 5009A Market Data

Based on the last 30 days in this zip code

$202,592
Average List Price
$153
Average Price per Square Foot
42
Properties Sold
53
Average Days on Market
137
Properties for Sale
Calculations provided by Reliance Network

5009 N 38th St, 5009A History

Date Event Value Agent
6/15/2026Source: Metro MLS Added to Database
June 15, 2026