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2119 N 40th STREET #2121, Milwaukee, WI, 53208

--beds
--baths
--sqft
$55,310
--price/sqft
$564/moest. monthly cost
$22,560/yrincome needed

About This Home

This is a tax foreclosed property. (sold with vacant lot at 2115 N 40th St)For the first 30-days of the listing period, no offers below the listing price will be considered per Wisconsin Foreclosure Law. Owner Occupants ONLY. BIDS DUE MAY 18, 2026 AT 10:00AM

Getting Around

76
WalkingVery Walkable
50
TransitGood Transit
55
BikeBikeable

Schools

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1915

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Heating

  • Heating features: Natural Gas,Forced Air

Property

Details

  • Parcel number: 3480571000
  • Zoning: RT4

Lot

  • Lot size: 3,484 sqft

Parking

  • Parking features: Carport,Inside Parking,Outside
  • Carport: Yes

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 $279$3,348
Home Insurance *$31$372
Property Taxes $83$996
Electricity $171$2,054
Total$564$6,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$19,337/yr
40% on housing$16,920/yr
45% on housing$15,040/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 53208$94
Milwaukee County$147

vs Homes Sold Last Month

Median $/sqft

ZIP 53208$151
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
2026-04-13Listed for sale$89,917
2022-10-06Listing removed$135,000
2022-09-07Listed for sale$135,000

For Sale by Agent

AgentCindy Wright-Smith
BrokerageCity of Milwaukee-DCD

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