1501 W Capitol DRIVE, Milwaukee, WI, 53206
About This Home
Welcome to this charming corner lot bungalow offering endless possibilities! This spacious 4-bedroom, 2-bath home is filled with character, abundant natural light, and fresh paint throughout. The main level features a welcoming living room, formal dining room, functional kitchen, two bedrooms, a full bath, and a bonus room perfect for a home office or flex space. Upstairs offers two additional bedrooms, another full bath, a living area, dining space, and multiple bonus rooms, providing incredible versatility. With its flexible layout, this home has the potential to be converted back into a duplex (buyer to verify with municipality) or serve as an excellent income-producing rental property. Complete with a 2-car garage, this unique home is packed with charm, space, and investment potential.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: 21+ Years
- Year built: 1926
Materials
- Construction materials: Brick,Brick/Stone
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Oven,Range
Basement
- Has basement: Yes
- Basement: Full
Bathroom
- Features: Tub Only,Ceramic Tile
Bedroom2
- Level: Upper
- Area: 120
Bedroom3
- Level: Main
- Area: 100
Bedroom4
- Level: Main
- Area: 100
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Dining Room
- Level: Main
- Area: 224
Family Room
- Level: Upper
- Area: 280
Heating
- Heating features: Natural Gas,Radiant/Hot Water
Interior Area
- Total structure area: 2,612
- Total interior livable area: 2,612 sqft
Kitchen
- Level: Main
- Area: 168
Living Room
- Level: Main
- Area: 280
Master Bedroom
- Level: Upper
- Area: 168
Property
Details
- Parcel number: 2710202000
- Zoning: RT3
- Exclusions: Seller's Personal Property
Features
- Levels: One and One Half
- Stories: 1
- Living area range: 2501-3000,2501 or more
Lot
- Lot size: 4,356 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
- Heat Wave
- Tornado
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Wisconsin Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,137 | $13,644 |
| Home Insurance * | $538 | $6,456 |
| Property Taxes | $422 | $5,064 |
| Electricity | $245 | $2,945 |
| Total | $2,342 | $28,104 |
Income You'd Need if You Spent...
Wisconsin FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-09 | Listed for sale | $225,000 |
| 2025-06-10 | Sold | $40,000 |
View on Zillow