1976 N Farwell AVENUE #1978, Milwaukee, WI, 53202
About This Home
First time available in a generation! This iconic mixed-use property occupies one of Milwaukee's premier East Side corners at Lafayette Place and Farwell Avenue. Built in the 1890s, this historic building features a highly visible commercial storefront paired with two residential apartments (1 BR/1 BA and 3 BR/2 BA), creating multiple income streams in one of the city's most walkable neighborhoods. Rich in Milwaukee character and surrounded by thriving restaurants, nightlife, and local businesses, opportunities like this rarely come to market.
Getting Around
Walker's Paradise
Good Transit
Very BikeableSchools
Construction
Condition
- Property condition: 21+ Years
- Year built: 1890
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Duplex
Interior
Basement
- Has basement: Yes
- Basement: Crawl Space Only,Full,Partial
Heating
- Heating features: Natural Gas,Forced Air
Property
Details
- Parcel number: 3551234000
- Zoning: RES
- Exclusions: Restaurant And Tenants Personal Property
Lot
- Lot size: 2,178 sqft
Parking
- Parking features: Outdoor Space,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
- 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 | $2,781 | $33,372 |
| Home Insurance * | $321 | $3,852 |
| Property Taxes | $834 | $10,008 |
| Electricity | $171 | $2,054 |
| Total | $4,107 | $49,284 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-31 | Listed for sale | $550,000 |
For Sale by Agent
View on Zillow