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2704 N Hackett AVENUE, Milwaukee, WI, 53211

--beds
--baths
--sqft
$799,000
--price/sqft
$5,692/moest. monthly cost
$227,680/yrincome needed

About This Home

Grand Victorian in heart of Historic Water Tower Neighborhood between Downer and Lake Drive. Licensed as a rooming house since 1943, 11 units generate significant cash flow. Most original details intact and the property has undergone significant interior and exterior repairs and upgrades focusing on operating and maintenance efficiency. Over $350k of upgrades/repairs including all roofs, siding, soffits, railings, gutters/downspouts, high efficiency boiler system, partial windows, laundry room, bathrooms, kitchens, nearly all units, and all common areas.Units include 7 one-room, 3 two-room, and a 1 BD manager's apartment offering options for area residents, students, and working adults in this ideal location East of Downer Ave.

Getting Around

84
WalkingVery Walkable
52
TransitGood Transit
92
BikeBiker's Paradise

Schools

3/10

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1895

Materials

  • Construction materials: Aluminum Trim,Vinyl Siding,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dryer,Washer,Seller Owned: Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Heating

  • Heating features: Natural Gas,Hot Water/Steam

Property

Details

  • Parcel number: 3170326000
  • Zoning: RS5
  • Exclusions: Tenants' And Sellers' Personal Property.

Lot

  • Lot size: 6,098 sqft

Parking

  • Parking features: No Garage,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
    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 $4,040$48,480
Home Insurance *$270$3,240
Property Taxes $1,211$14,532
Electricity $171$2,054
Total$5,692$68,304
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$195,154/yr
40% on housing$170,760/yr
45% on housing$151,786/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 53211$234
Milwaukee County$146

vs Homes Sold Last Month

Median $/sqft

ZIP 53211$276
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
2026-04-02Listed for sale$799,000
2024-03-30Listing removed--
2023-11-07Listed for sale$895,000
2000-10-13Sold$215,000

For Sale by Agent

AgentAndrew Schramm
BrokerageMichael J. Schramm

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