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4375 N 61st STREET #75A, Milwaukee, WI, 53216

3beds
2baths
--sqft
$142,000
--price/sqft
$1,221/moest. monthly cost
$48,840/yrincome needed

About This Home

Great opportunity to own a fully-occupied duplex generating $1,770/month in rental income. Both units are well maintained, offering comfortable living spaces for tenants. The upper unit features a spacious living room, perfect for added comfort and versatility. A 2-car garage provides secure parking and extra storage along with a massive yard. Whether you're looking to expand your portfolio or step into real estate investing, this property delivers steady income with reliable tenants already in place.

Getting Around

69
WalkingSomewhat Walkable
46
TransitSome Transit
50
BikeBikeable

Schools

3/10
Carson Academy of ScienceGrades PK-80.8 mi
3/10
6/10
Craig Montessori SchoolGrades PK-81.0 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1953

Materials

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

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Property

Details

  • Parcel number: 2501028000
  • Zoning: RT2
  • Exclusions: Tenants Personal Property

Features

  • Levels: Two
  • Stories: 2
  • Living area range: Not Available

Lot

  • Lot size: 6,098 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached,2 Car,1 Space
  • 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 $718$8,616
Home Insurance *$117$1,404
Property Taxes $215$2,580
Electricity $171$2,054
Total$1,221$14,652
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$41,862/yr
40% on housing$36,630/yr
45% on housing$32,560/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 53216$88
Milwaukee County$147

vs Homes Sold Last Month

Median $/sqft

ZIP 53216$120
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
2026-05-15Listed for sale$142,000
2025-10-07Contingent$142,000
2025-09-26Listed for sale$142,000
2025-09-16Contingent$142,000
2025-09-11Listed for sale$142,000

For Sale by Agent

AgentDryden Schardt
BrokerageFirst Weber Inc- Greenfield

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