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2827 N 51st STREET, Milwaukee, WI, 53210

4beds
2baths
1,880sqft
$245,000
$130price/sqft
$2,064/moest. monthly cost
$82,560/yrincome needed

About This Home

This two-family property located in the St. Joseph's neighborhood is just blocks from Ascension SE Wisconsin hospital, and it provides a value-add opportunity for a first time home owner looking to pivot into investing if the buyer is interested in adding a third unit to the property in the form of an above-garage efficiency unit. The lower-unit apartment is occupied until 12/31/2026 with monthly rent being $1,050. The buyer can move into the upper unit apartment after closing and/or arrange to have the lower unit vacated in order to move in and make updates.

Getting Around

62
WalkingSomewhat Walkable
49
TransitSome Transit
53
BikeBikeable

Schools

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1923

Materials

  • Construction materials: Other,Vinyl Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Block,Concrete

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total structure area: 1,880
  • Total interior livable area: 1,880 sqft

Property

Details

  • Parcel number: 3061311000
  • Zoning: RT2
  • Exclusions: Tenant-Owned Property In Lower Unit

Features

  • Levels: Two
  • Stories: 2
  • Living area range: 751-1000

Lot

  • Lot size: 4,356 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached,Garage Door Opener,2 Car,1 Space
  • 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 $1,238$14,856
Home Insurance *$190$2,280
Property Taxes $460$5,520
Electricity $176$2,119
Total$2,064$24,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,765/yr
40% on housing$61,920/yr
45% on housing$55,040/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

$130This listing

vs Other Active Listings

Avg $/sqft

ZIP 53210$97
Milwaukee County$147

vs Homes Sold Last Month

Median $/sqft

ZIP 53210$122
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
2026-07-31Listed for sale$245,000
2021-05-18Sold$98,000
2021-04-08Listed for sale$99,900
2020-12-30Listing removed$102,500
2020-12-21Listed for sale$102,500
2020-12-21Listing removed$795
2020-10-28Price change$795
2020-10-16Listing removed$108,900
2020-10-16Listed for rent$850
2020-10-07Price change$108,900
2020-09-25Price change$109,900
2020-09-17Price change$113,900
2020-09-08Price change$114,900
2020-08-27Listed for sale$119,900
2020-08-25Listing removed$850
2020-08-20Listed for rent$850
2019-03-29Listing removed$795
2019-02-21Listed for rent$795
2005-08-10Sold$129,400

For Sale by Agent

AgentWilliam Harvill
BrokerageMangat Realty Group LLC

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