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4118 N 7th STREET, Milwaukee, WI, 53209

2beds
1baths
704sqft
$58,595
$83price/sqft
$618/moest. monthly cost
$24,720/yrincome needed

About This Home

This is a tax foreclosed property. Offers reviewed upon receipt - no waiting period. Owner-Occupants will be prioritized

Getting Around

56
WalkingSomewhat Walkable
47
TransitSome Transit
50
BikeBikeable

Schools

2/10
La Escuela FratneyGrades PK-51.3 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1953

Materials

  • Construction materials: Aluminum Siding,Aluminum/Steel

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

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

Heating

  • Heating features: Natural Gas,Forced Air

Interior Area

  • Total structure area: 704
  • Total interior livable area: 704 sqft

Kitchen

  • Level: Main
  • Area: 100

Living Room

  • Level: Main
  • Area: 100

Master Bedroom

  • Level: Main
  • Area: 100

Property

Details

  • Parcel number: 2430918000
  • Zoning: RT4

Features

  • Levels: One
  • Stories: 1
  • Living area range: 750 or less

Lot

  • Lot size: 0.70 Acres

Parking

  • Total spaces: 1
  • Parking features: Detached,1 Car
  • 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 WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Inland Flooding
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 $296$3,552
Home Insurance *$39$468
Property Taxes $112$1,344
Electricity $171$2,054
Total$618$7,416
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$21,188/yr
40% on housing$18,540/yr
45% on housing$16,480/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

$83This 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)

No zestimate history available

Price History

DateEventPrice
2026-04-13Listed for sale$78,125
2026-02-27Listing removed$78,125
2025-08-30Listed for sale$78,125
1990-07-01Sold$504,600

For Sale by Agent

AgentCindy Wright-Smith
BrokerageCity of Milwaukee-DCD

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