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5017 N 38th STREET, Milwaukee, WI, 53209

4beds
1baths
1,373sqft
$169,900
$124price/sqft
$1,472/moest. monthly cost
$58,880/yrincome needed

About This Home

This 4 bedroom, 1 bathroom single family home offers a strong investment opportunity with immediate income in place. Currently rented at $1,350 per month on a month to month basis with a matching security deposit, this property provides both steady cash flow and future flexibility. The home includes a 2 car detached garage, adding convenience and additional value for tenants. Located on Milwaukee's north side, the area offers easy access to Lincoln Park, Havenwoods State Forest, and the Oak Leaf Trail for outdoor recreation, along with nearby shopping and dining options along Silver Spring Dr. Convenient access to public transportation and I-43 makes commuting throughout the city simple. A solid addition to any investment portfolio in a well-connected neighborhood.

Getting Around

73
WalkingVery Walkable
52
TransitGood Transit
51
BikeBikeable

Schools

6/10
Craig Montessori SchoolGrades PK-82.6 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1919

Materials

  • Construction materials: Other,Vinyl Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom2

  • Level: Main
  • Area: 100

Bedroom3

  • Level: Upper
  • Area: 100

Bedroom4

  • Level: Upper
  • Area: 100

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Heating

  • Heating features: Natural Gas,Forced Air

Interior Area

  • Total structure area: 1,373
  • Total interior livable area: 1,373 sqft

Kitchen

  • Level: Main
  • Area: 100

Living Room

  • Level: Main
  • Area: 100

Master Bedroom

  • Level: Main
  • Area: 100

Property

Details

  • Parcel number: 2080852000
  • Zoning: RT3
  • Exclusions: All Seller's And Tenant's Personal Items

Features

  • Levels: One and One Half
  • Stories: 1
  • Living area range: 1251-1500

Lot

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

Parking

  • Total spaces: 2
  • Parking features: Detached,2 Car
  • 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
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
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 $859$10,308
Home Insurance *$115$1,380
Property Taxes $327$3,924
Electricity $171$2,054
Total$1,472$17,664
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$50,468/yr
40% on housing$44,160/yr
45% on housing$39,253/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

$124This 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
2026-04-23Listed for sale$169,900
2024-02-14Listing removed--
2023-09-27Listed for sale$119,900
2023-05-23Listing removed--
2023-02-03Listed for sale$119,900
2022-07-29Listing removed--
2022-07-07Listed for rent$1,250
2022-03-30Listing removed--
2022-03-07Price change$125,900
2021-12-06Listed for sale$99,900

For Sale by Agent

AgentHolly Speranza
BrokerageKeller Williams-MNS Wauwatosa

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