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1532 S 37th STREET, Milwaukee, WI, 53215

--beds
--baths
--sqft
$390,000
--price/sqft
$3,089/moest. monthly cost
$123,560/yrincome needed

About This Home

Excellent investment opportunity located in Milwaukee's Burnham Park neighborhood, just one block from West Milwaukee! This well-maintained 4-unit apartment building offers strong income potential with all units currently leased and generating $3,360 monthly. A great house-hacking opportunity for an owner-occupant looking to live in one unit while benefiting from rental income or an investor seeking to add a solid-performing multi-family property to their portfolio. Recent improvements include Unit 1 renovation (2024), Unit 2 renovation (2025), Unit 4 renovation (2024), a new deck for Unit 3 (2025), and a new garage door (2026). Additional features include convenient on-site coin-operated laundry, private balconies for second-floor units, and a two-car garage. Reach out today!

Getting Around

80
WalkingVery Walkable
50
TransitGood Transit
56
BikeBikeable

Schools

5/10
3/10

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1925

Materials

  • Construction materials: Aluminum/Steel,Aluminum Siding,Vinyl Siding

Type & Style

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

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Block,Full,Laundry Facilities

Heating & Cooling

  • Heating features: Natural Gas,Central Air,Forced Air
  • Cooling features: Central Air

Property

Details

  • Parcel number: 4570031000
  • Zoning: RT4
  • Exclusions: Seller And Tenants Personal Property.

Lot

  • Lot size: 4,356 sqft

Parking

  • Parking features: Indoor Space,Extra Space Available,Outdoor Space,Inside Parking,Outside
  • Has garage: Yes

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 WaveVery High
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Winter Weather
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 $1,972$23,664
Home Insurance *$215$2,580
Property Taxes $731$8,772
Electricity $171$2,054
Total$3,089$37,068
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$105,908/yr
40% on housing$92,670/yr
45% on housing$82,373/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 53215$140
Milwaukee County$146

vs Homes Sold Last Month

Median $/sqft

ZIP 53215$173
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)

No zestimate history available

Price History

DateEventPrice
2026-08-14Pending sale$390,000
2026-07-28Listed for sale$390,000
2024-06-17Sold$325,000
2024-05-17Pending sale$335,000
2024-05-13Listed for sale$335,000
2020-07-31Sold$235,000
2018-12-05Sold$182,000

For Sale by Agent

AgentRaquel Aleman
BrokerageMKE Home Hub

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