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5641 N 61st STREET #5643, Milwaukee, WI, 53218

4beds
3baths
--sqft
$164,900
--price/sqft
$1,391/moest. monthly cost
$55,640/yrincome needed

About This Home

Great investment opportunity in Milwaukee! This duplex features two 2-bedroom, 1-bath units, making it a perfect addition to any investor's portfolio. Each unit offers comfortable living space with strong rental potential. Ideal for owner-occupants looking to offset their mortgage or investors seeking steady income when both units rented. Convenient location with easy access to local amenities, shopping, and transportation. Don't miss this chance to own a solid income-producing property!

Getting Around

71
WalkingVery Walkable
43
TransitSome Transit
58
BikeBikeable

Schools

2/10
Kluge ElementaryGrades PK-50.3 mi
6/10
Craig Montessori SchoolGrades PK-81.9 mi
2/10

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1954

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Duplex

Interior

Basement

  • Has basement: Yes
  • Basement: Block,Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Property

Details

  • Parcel number: 1741027000
  • Zoning: RES

Features

  • Levels: Two
  • Stories: 2
  • Living area range: Not Available

Lot

  • Lot size: 5,227 sqft

Parking

  • Total spaces: 1
  • Parking features: Detached,1 Car,1 Space
  • 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 $833$9,996
Home Insurance *$137$1,644
Property Taxes $250$3,000
Electricity $171$2,054
Total$1,391$16,692
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$47,691/yr
40% on housing$41,730/yr
45% on housing$37,093/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 53218$92
Milwaukee County$147

vs Homes Sold Last Month

Median $/sqft

ZIP 53218$141
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
2026-03-13Listed for sale$164,900
2025-11-18Listing removed$850
2025-10-10Listed for rent$850
2025-01-04Listing removed$900
2024-11-09Listed for rent$900
2024-02-07Listing removed--
2024-02-02Price change$900
2024-01-10Price change$945
2023-12-12Price change$995
2023-08-09Price change$1,025
2023-07-18Price change$1,095
2023-06-27Listed for rent$1,150
2023-05-18Listing removed--
2023-03-26Pending sale$120,000
2023-03-15Listed for sale$120,000
2012-01-21Listing removed$39,000
2011-12-18Price change$39,000
2011-12-02Price change$49,000
2011-11-07Listed for sale$59,000

For Sale by Agent

AgentGeoffry Stuhr
BrokerageSmart Asset Realty Inc

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