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5053 N 28th STREET, Milwaukee, WI, 53209

2beds
1baths
755sqft
$89,900
$119price/sqft
$860/moest. monthly cost
$34,400/yrincome needed

About This Home

Great investment opportunity! This 2-bedroom, 1-bath home offers solid potential for investors looking to expand their portfolio or add value. Featuring a functional layout with a spacious living and dining area, plus a full bath on the main level. Property includes a new water heater and a month-to-month tenant in place starting April 30, offering immediate rental income with flexibility for future plans. Exterior features a backyard deck and off-street access. With a little TLC, this property can be a strong cash-flowing asset or a great fix-and-hold opportunity. Rent is 1,100. Being sold as-is--don't miss your chance to capitalize on this value-add property!

Getting Around

56
WalkingSomewhat Walkable
50
TransitGood Transit
49
BikeSomewhat Bikeable

Schools

2/10
6/10
Craig Montessori SchoolGrades PK-83.2 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1928

Materials

  • Construction materials: Brick,Brick/Stone,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bathroom

  • Features: Tub Only,Shower Over Tub

Bedroom2

  • Level: Main
  • Area: 64

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 143

Features

  • Walk-In Closet(s)

Heating

  • Heating features: Natural Gas,Forced Air

Interior Area

  • Total structure area: 755
  • Total interior livable area: 755 sqft

Kitchen

  • Level: Main
  • Area: 81

Living Room

  • Level: Main
  • Area: 143

Master Bedroom

  • Level: Main
  • Area: 72

Property

Details

  • Parcel number: 2070632000
  • Zoning: RT3
  • Exclusions: Seller And Tenant's Personal Property

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Living area range: 751-1000

Lot

  • Lot size: 3,484 sqft
  • Features: Sidewalks

Parking

  • Parking features: No Garage,1 Space

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 WaveRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
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 *$61$732
Property Taxes $174$2,088
Electricity $171$2,054
Total$860$10,320
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$29,485/yr
40% on housing$25,800/yr
45% on housing$22,933/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

$119This listing

vs Other Active Listings

Avg $/sqft

ZIP 53209$93
Milwaukee County$147

vs Homes Sold Last Month

Median $/sqft

ZIP 53209$135
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)

Price History

DateEventPrice
2026-05-13Price change$95,000
2026-04-22Listed for sale$99,000
2020-11-06Sold$38,000

For Sale by Agent

AgentMelissa Waters
BrokerageReal Broker Milwaukee

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