3507 N 40th STREET #3509, Milwaukee, WI, 53216
About This Home
Great opportunity to own a spacious 2/2 turnkey duplex in a highly desirable rental neighborhood. Each unit features a comfortable living and dining area and beautiful natural woodwork. Recent updates include durable LVP flooring and modern finishes throughout. Guaranteed rent with Section 8 tenant in upper unit. Lower is perfect for owner occupant or additional rental income. Schedule your showing Today!
Getting Around
Somewhat Walkable
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: 21+ Years
- Year built: 1930
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Duplex
Interior
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Interior Area
- Total structure area: 2,288
- Total interior livable area: 2,288 sqft
Property
Details
- Parcel number: 2680541000
- Zoning: RT2
- Exclusions: Tenants Personal Property
Features
- Levels: Two
- Stories: 2
- Living area range: 1001-1250
Lot
- Lot size: 4,791 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
- Heat Wave
- Tornado
- Winter Weather
- 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 | $833 | $9,996 |
| Home Insurance * | $136 | $1,632 |
| Property Taxes | $250 | $3,000 |
| Electricity | $214 | $2,579 |
| Total | $1,433 | $17,196 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-03 | Listed for sale | $164,900 |
| 2026-03-17 | Listing removed | $159,900 |
| 2026-01-21 | Price change | $159,900 |
| 2025-08-22 | Price change | $169,900 |
| 2025-07-29 | Listed for sale | $179,900 |
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