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4257 N 53rd STREET, Milwaukee, WI, 53216

5beds
2baths
--sqft
$203,000
--price/sqft
$1,735/moest. monthly cost
$69,400/yrincome needed

About This Home

Investor Special! Solid brick two-family home ready for someone to bring it back to life. Great bones and tons of potential -- all it needs is cosmetic updates and your finishing touches. Spacious units, strong rental income potential, and a great opportunity for investors or owner-occupants looking to build equity. Whether you're looking to renovate and rent or add to your portfolio, this brick duplex is full of opportunity. Don't miss out on this value-packed property!

Getting Around

76
WalkingVery Walkable
49
TransitSome Transit
60
BikeBikeable

Schools

3/10
Carson Academy of ScienceGrades PK-80.4 mi
6/10
Craig Montessori SchoolGrades PK-81.5 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1956

Materials

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

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Block,Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Property

Details

  • Parcel number: 2490447000
  • Zoning: RES

Features

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

Lot

  • Lot size: 0.70 Acres

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 $1,026$12,312
Home Insurance *$168$2,016
Property Taxes $370$4,440
Electricity $171$2,054
Total$1,735$20,820
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,485/yr
40% on housing$52,050/yr
45% on housing$46,266/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 53216$88
Milwaukee County$147

vs Homes Sold Last Month

Median $/sqft

ZIP 53216$120
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
2026-05-10Listed for sale$195,000
2026-04-21Sold$162,000

For Sale by Agent

AgentWilliam Reyes Gonzalez
BrokerageOnly Real Estate Group

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