2208 W Locust STREET, Milwaukee, WI, 53206
About This Home
Fully occupied cash flowing brick 6 family building! Each spacious unit features 2 bedrooms 1 bathroom w separate dining and living rooms. Owner has updated each unit with flooring, paint, light kitchen and bathroom renovations. Opportunity to expand and finish the demo'd unit in basement, this unit is same layout as the other 6 but would need a full rehab. Other side of basement has storage units and a common area that could be improved for added value as well. Separate electric meters, gas meters, and water heaters (five 2025 two 2015) for each unit. One boiler serves the building. Windows and boiler have been updated prior to current owner. Owner pays heat and water/sewer, tenants pay gas/electric. Off street parking and near public transportation, shops, restaurants, and highway.
Getting Around
Somewhat Walkable
Good Transit
BikeableSchools
Construction
Condition
- Property condition: 21+ Years
- Year built: 1927
Materials
- Construction materials: Brick/Stone,Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Apartment
Interior
Appliances
- Appliances included: Seller Owned: Water Heater
Basement
- Has basement: Yes
- Basement: Full
Heating
- Heating features: Hot Water/Steam
Property
Details
- Parcel number: 3101395000
- Zoning: RT4
Lot
- Lot size: 6,969 sqft
Parking
- Parking features: Outdoor Space,Inside Parking,Outside
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
- 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 | $2,148 | $25,776 |
| Home Insurance * | $1,016 | $12,192 |
| Property Taxes | $793 | $9,516 |
| Electricity | $171 | $2,054 |
| Total | $4,128 | $49,536 |
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 |
|---|---|---|
| 2026-07-15 | Listed for sale | $424,900 |
| 2021-06-08 | Sold | $220,000 |
| 2021-04-22 | Pending sale | $239,900 |
| 2021-03-26 | Listed for sale | $239,900 |
| 2020-01-08 | Sold | $90,000 |
| 2018-05-17 | Listing removed | $550 |
| 2018-05-15 | Listed for rent | $550 |
| 2016-11-29 | Sold | $75,000 |
| 2009-07-19 | Listing removed | $279,000 |
| 2009-05-03 | Listed for sale | $279,000 |
| 2008-05-22 | Sold | $260,000 |
| 2006-09-25 | Sold | $170,000 |
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