See other homes in:

2557 N Gordon PLACE, Milwaukee, WI, 53212

4beds
2baths
2,092sqft
$299,900
$143price/sqft
$2,466/moest. monthly cost
$98,640/yrincome needed

About This Home

Maximize your investment with this Riverwest duplex opportunity just steps from the Beerline and Milwaukee River trails. Currently used as a single-family, this property is already zoned for a 2-family and offers an easy conversion for strong rental income or owner-occupant living with a tenant offset. Each level is well-suited for separate units, featuring two spacious bedrooms and a full bath per floor, plus a kitchenette upstairs and full kitchen on the main level. A 2-car garage with a 16-ft door accommodates large vehicles, adding tenant appeal. The semi-exposed basement provides extra rec space with a half bath. Located on a quiet dead-end street across from the river, minutes from downtown, with seasonal river views. Also listed as a single family (MLS ).

Getting Around

70
WalkingVery Walkable
54
TransitGood Transit
73
BikeVery Bikeable

Schools

2/10
Pierce Elementary SchoolGrades PK-50.4 mi
3/10
Holmes Elementary SchoolGrades PK-80.6 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1891

Materials

  • Construction materials: Aluminum/Steel,Aluminum Siding,Masonite,Wood Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Brick,Full

Bathroom

  • Features: Half on Lower

Bedrooms & Bathrooms

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

Interior Area

  • Total structure area: 2,092
  • Total interior livable area: 2,092 sqft

Property

Details

  • Parcel number: 3200235000
  • Zoning: RT4 2 family
  • Exclusions: Tenants Personal Property

Features

  • Levels: Two
  • Stories: 2
  • Living area range: 1001-1250

Lot

  • Lot size: 3,484 sqft

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
    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 $1,516$18,192
Home Insurance *$175$2,100
Property Taxes $579$6,948
Electricity $196$2,358
Total$2,466$29,592
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$84,548/yr
40% on housing$73,980/yr
45% on housing$65,760/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

$143This listing

vs Other Active Listings

Avg $/sqft

ZIP 53212$134
Milwaukee County$147

vs Homes Sold Last Month

Median $/sqft

ZIP 53212$161
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
2026-05-07Contingent$299,900
2026-05-04Listed for sale$299,900
2026-05-04Listing removed$339,000
2026-03-12Price change$339,000
2026-02-15Listed for sale$365,000
2021-03-24Listing removed--
2018-05-26Listing removed$1,650
2018-05-12Listed for rent$1,650
2006-03-27Sold$160,000
1997-09-18Sold$44,000

For Sale by Agent

AgentChristy Weber
BrokerageAvanti Realty LLC

Similar Homes