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7248 W Potomac AVENUE, Milwaukee, WI, 53216

3beds
2baths
1,305sqft
$189,900
$146price/sqft
$1,634/moest. monthly cost
$65,360/yrincome needed

About This Home

This freshly updated home is calling! This 3 bed 1.5 bath home has a mixture of brand new LVP and hardwood flooring throughout the home. Two bedrooms and a bathroom on the first floor with a large bedroom with an on suite 1/2 bath on the upper. There is additional space for an office on the second level. Whether you're looking for personal home or adding to your portfolio, this property is for you.

Getting Around

68
WalkingSomewhat Walkable
45
TransitSome Transit
51
BikeBikeable

Schools

6/10
Craig Montessori SchoolGrades PK-80.8 mi
3/10

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1952

Materials

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

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bathroom

  • Features: Master Bedroom Bath

Bedroom2

  • Level: Main
  • Area: 144

Bedroom3

  • Level: Main
  • Area: 144

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bedrooms: 2

Heating

  • Heating features: Natural Gas,Forced Air

Interior Area

  • Total structure area: 1,305
  • Total interior livable area: 1,305 sqft

Kitchen

  • Level: Main
  • Area: 144

Living Room

  • Level: Main
  • Area: 180

Master Bedroom

  • Level: Upper
  • Area: 180

Property

Details

  • Parcel number: 2640935000
  • Zoning: res

Features

  • Levels: Two
  • Stories: 2
  • Living area range: 1251-1500

Lot

  • Lot size: 5,662 sqft

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 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 $960$11,520
Home Insurance *$157$1,884
Property Taxes $346$4,152
Electricity $171$2,054
Total$1,634$19,608
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,022/yr
40% on housing$49,020/yr
45% on housing$43,573/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

$146This 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
2026-08-06Price change$179,900
2026-07-02Listed for sale$189,900
2025-08-26Listing removed$169,900
2025-06-09Price change$169,900
2025-05-23Listed for sale$174,900
2019-01-03Sold$99,900
2018-11-12Listed for sale$114,900
2018-10-11Listing removed$1,250
2018-09-19Sold$51,200
2018-09-18Listed for rent$1,250
2018-06-23Price change$58,300
2018-05-08Price change$88,700
2018-03-30Listed for sale$93,280

For Sale by Agent

AgentJohn Lanser
BrokerageRENOSY by Renters Warehouse Milwaukee

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