For Sale84d on marketHistoric · 126 yrs

512 East Main STREET

Waukesha, WI, 53186 • 53186 • Waukesha County

$299,900

-$30,000 since Jan 15, 2026

Down payment assistance available

5Beds

2Baths

0.22 acLot

1900Built

Property DNA

1 highlights

Character Home

Built 1900 · 126 years of history

This home is getting attention

Listed 84 days ago · 2,286 views · 37 saves

Market activity

Demand and pricing signals for this listing

2,286 views

People checking out this listing

37 saves

Buyers have saved this home

84 days on market

Established listing

About this home

Multi Family · Built 1900 · Historic

Large Duplex in the heart of Waukesha presents a strong investment opportunity with immediate cash flow. The lower unit offers two bedrooms, a full bathroom, kitchen, living room, and dining room, while the upper unit features three bedrooms, a full bathroom, kitchen, and living room. Both units are currently rented at $1,100 per month each, providing reliable rental income from day one. Updates include a newer roof, siding, paint, electrical improvements and updated bathrooms with much more value ad remaining! Located just a couple of blocks from Frame Park, the Fox River, and downtown Waukesha dining, shopping, and entertainment, this property is well positioned for long term value and tenant appeal. Schedule your showing today! Cash or Hard Money Only!

Standout features identified

Our analysis highlights electrical improvements, newer roof, and updated bathrooms as key attractions of this home.

Estimated monthly payment

Based on current rates

$1,882/month

Principal & Interest$1,483

Property Tax$300

Insurance$100

Down payment20% ($59,980)

3%50%

Est. 6.28% rate · 30yr fixed · $239,920 loan

Full calculator →

At a glance

Key facts and listing details

TypeMulti Family, Duplex

Year Built1900

ParkingNo Garage

Days on Zillow84 Days

Property

Home typeMulti Family

Sub-typeMulti Family, Duplex

Condition21+ Years

Year built1900

Stories2

Systems

ConstructionOther

Water / SewerPublic / Public Sewer

Parking & Outdoor

ParkingNo Garage

BasementFull

Lot9,583 sqft

Location & Tax

Neighborhood53186

ZoningRM-3

Annual tax$2,852

ParcelWAKC1302385

Bathrooms & Fees

Full baths2

Features & details

3 categories of property features

Exterior Features

Parking

No Garage

Construction

Other

Utilities

2 Electric Meters

2 Gas Meters

Listing insights

Market data and value estimates

StatusFor Sale

Days on market84

Est. value$299,000

Est. rent$1,638/mo

Tax rate1.03%

On marketJan 15, 2026

PostedJan 15, 2026

Last sold$119,900

MLS statusActive

MLS updatedMar 2, 2026

Tour days9

Favorites37

How are the schools in Waukesha?

3 schools rated nearby

N/A

Hawthorne Elementary School

Primary • Public • PK-5

1.5 mi

Horning Middle School

Middle • Public • 6-8

1.3 mi

South High School

High • Public • 9-12

1.5 mi

Location

Waukesha, WI, 53186

Expand map

Price history

10 events

DateEventPrice$/sqftSource

Jan 15, 2026Price Change$299,900—WIREX MLS

Oct 28, 2025Listed For Sale$329,900—WIREX MLS

Oct 13, 2025Listing Removed$180,900—WIREX MLS

Oct 6, 2025Price Change$180,900—WIREX MLS

Sep 29, 2025Price Change$181,900—WIREX MLS

Sep 22, 2025Price Change$182,900—WIREX MLS

Sep 16, 2025Price Change$183,900—WIREX MLS

Sep 4, 2025Price Change$184,900—WIREX MLS

Aug 12, 2025Listed For Sale$189,900—WIREX MLS

Feb 11, 2025Sold$119,900—WIREX MLS

Price Change$299,900

Jan 15, 2026•WIREX MLS

Listed For Sale$329,900

Oct 28, 2025•WIREX MLS

Listing Removed$180,900

Oct 13, 2025•WIREX MLS

Price Change$180,900

Oct 6, 2025•WIREX MLS

Price Change$181,900

Sep 29, 2025•WIREX MLS

Price Change$182,900

Sep 22, 2025•WIREX MLS

Price Change$183,900

Sep 16, 2025•WIREX MLS

Price Change$184,900

Sep 4, 2025•WIREX MLS

Listed For Sale$189,900

Aug 12, 2025•WIREX MLS

Sold$119,900

Feb 11, 2025•WIREX MLS

Tax history

12 years of records

YearTax paidAssessed value

Apr 10, 2024$2,853$187,800

Apr 10, 2023$2,793$187,800

Apr 10, 2022$3,100$157,000

Apr 10, 2021$3,190$157,000

Apr 10, 2020$3,047$157,000

Apr 10, 2019$2,968$157,000

Apr 10, 2018$3,153$149,500

Apr 10, 2017$3,127$149,500

Apr 10, 2015$2,706$134,700

Apr 10, 2014$2,649$129,500

Apr 10, 2013$2,712$129,500

Apr 10, 2012$2,815$137,800

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Neighborhood details

Local context around this listing

Waukesha, WI • Waukesha County

Nearby cities

BrookfieldDelafieldLisbonMenomonee FallsMukwonagoMuskegoNew BerlinOconomowoc

Nearby zip codes

53186531875318853189

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Value estimates

Live

Est. value$299,000

Est. rent$1,638/mo

30yr rate est.6.28%

Affordability$1,839/mo

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