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1409 N Prospect AVENUE #703, Milwaukee, WI, 53202

0beds
1baths
405sqft
$89,900
$222price/sqft
$838/moest. monthly cost
$33,520/yrincome needed

About This Home

Stunning lake & city views from this south facing, top floor studio! Kitchenette with refrigerator, additional small fridge, microwave, and hot plate. Extremely spacious bathroom with ceramic tiled shower and plenty of space for a dresser, clothing rack, etc. The rooftop terrace offers 360-degree views. A perfect place to enjoy city lights, lake views, fireworks, and Air Show! Just steps away from Oakleaf Trail, Brady St, and much more! Guest parking lot just west of building. Great opportunity for college student or a weekend getaway home.

Getting Around

90
WalkingWalker's Paradise
59
TransitGood Transit
85
BikeVery Bikeable

Schools

6/10
Cass Street SchoolGrades PK-80.4 mi
8/10
Golda Meir SchoolGrades 3-121.0 mi
3/10

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1963

Materials

  • Construction materials: Other

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Cooktop,Microwave,Refrigerator

Basement

  • Basement: None / Slab

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Natural Gas,Radiant/Hot Water
  • Cooling features: Central Air

Interior Area

  • Total structure area: 405
  • Total interior livable area: 405 sqft

Living Room

  • Level: Main
  • Area: 264

Property

Details

  • Parcel number: 3591067110
  • Attached to another structure: Yes
  • Zoning: Res
  • Exclusions: Seller's Personal Property.

Features

  • Levels: Highrise: 6+ Stories,1 Story
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • Living area range: 750 or less

Parking

  • Total spaces: 1
  • Parking features: Attached,Heated Garage,Underground,1 Car,1 Space,Assigned
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters Across Wisconsin Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $454$5,448
Home Insurance *$52$624
Property Taxes $161$1,932
Electricity $171$2,054
Total$838$10,056
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$28,731/yr
40% on housing$25,140/yr
45% on housing$22,346/yr

Wisconsin FAIR Plan Programs

Wisconsin Insurance Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 5,246Commercial: 198
Total Premiums$4.55M
Total Exposure$860.28M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.4%
10.4%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -2.2%
-2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$222This listing

vs Other Active Listings

Avg $/sqft

ZIP 53202$349
Milwaukee County$147

vs Homes Sold Last Month

Median $/sqft

ZIP 53202$238
Milwaukee County$187

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-06Pending sale$89,900
2026-06-30Price change$89,900
2026-05-26Price change$94,900
2026-05-12Price change$99,900
2026-05-05Listed for sale$104,900
2026-01-01Listing removed$115,000
2025-08-20Price change$115,000
2025-06-16Price change$125,000
2025-05-09Listed for sale$135,000
2021-01-01Listing removed$95,000
2020-07-24Listed for sale$95,000
2016-08-16Sold$63,000

For Sale by Agent

AgentAndrea Blaziewske
BrokerageSouthport Realty

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