2007 N 40th STREET #2009, Milwaukee, WI, 53208
About This Home
Turnkey duplex with strong cash flow and incredible potential! This well-maintained property features two spacious units. Lower unit 2 bed 1.5 bath and upper 2 bed 1 bath. Comfortable living rooms, dining areas, and full kitchens, perfect for both tenants and owner-occupants.Currently rented on a month-to-month basis, this property gives you maximum flexibility to move into one unit. Whether you're looking to house hack or expand your investment portfolio, this is a prime opportunity. Great cash flow totaling $2,550 per month.Schedule your showing today before it's gone! Seller also has duplex MLS# 1958374, 1958409, 1959609, 1959602, 1959856. Will consider selling as a package deal.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Property condition: 21+ Years
- Year built: 1910
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Duplex
Interior
Basement
- Has basement: Yes
- Basement: Brick,Full
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Interior Area
- Total structure area: 2,252
- Total interior livable area: 2,252 sqft
Property
Details
- Parcel number: 3480727100
- Zoning: RT4
- Exclusions: Tenants Personal Items
Features
- Levels: Two
- Stories: 2
- Living area range: 1001-1250
Lot
- Lot size: 8,712 sqft
Parking
- Total spaces: 2
- Parking features: Detached,2 Car,1 Space
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Heat Wave
- Tornado
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Wisconsin Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,071 | $12,852 |
| Home Insurance * | $120 | $1,440 |
| Property Taxes | $321 | $3,852 |
| Electricity | $211 | $2,539 |
| Total | $1,723 | $20,676 |
Income You'd Need if You Spent...
Wisconsin FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Price change | $214,000 |
| 2026-04-25 | Listed for sale | $219,000 |
| 2025-08-22 | Sold | $190,000 |
| 2025-07-17 | Contingent | $190,000 |
| 2025-07-16 | Listed for sale | $190,000 |
| 2024-11-23 | Listing removed | $1,250 |
| 2024-11-02 | Listed for rent | $1,250 |
| 2024-10-05 | Listing removed | $199,000 |
| 2024-09-06 | Pending sale | $199,000 |
| 2024-09-06 | Contingent | $199,000 |
| 2024-08-19 | Price change | $199,000 |
| 2024-08-08 | Price change | $207,888 |
| 2024-07-24 | Listed for sale | $215,000 |
| 2023-12-27 | Sold | $95,000 |
| 2023-12-12 | Contingent | $99,900 |
| 2023-12-04 | Listed for sale | $99,900 |
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