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City of Milwaukee-owned residential properties for sale
At a news conference on Monday, June 8, Milwaukee officials announced additional city-owned residential properties for sale.
MILWAUKEE - At a news conference on Monday, June 8, Milwaukee officials announced additional city-owned residential properties for sale. The initiative aligns with Mayor Cavalier Johnson’s "Year of Housing," which aims to boost affordable housing and local homeownership.
Residential properties for sale
Dig deeper:
The City of Milwaukee currently owns hundreds of residential properties acquired through tax foreclosure.
Under the city’s home sales program, these properties are sold as-is to owner-occupants, a move designed to broaden affordable homeownership across all Milwaukee neighborhoods.
The City of Milwaukee will officially put 11 more residential properties on the market on June 8. The city is accepting bids exclusively from owner-occupants through July 13.
What they're saying:
"As of right now, we currently have more than a hundred homes available through this program, and so I'm encouraging those seeking home buying opportunities to visit milwaukee.gov/cityhouses to find your opportunity to purchase one of these properties, make the investments necessary, with our help, and make them stabilizing forces in neighborhoods across our city again," said Mayor Johnson.
Most of the listed homes require repairs, so each entry details the estimated scope of work to help buyers understand the necessary investment.
All offers are subject to final approval by the Common Council.
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More than 100 residential properties are currently up for sale across the City of Milwaukee
Find property listings
What you can do:
Additional information and property listings can be found at milwaukee.gov/cityhouses.
The Source: The information in this post was provided by the City of Milwaukee Department of City Development.