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224 E Lloyd STREET, Milwaukee, WI, 53212

--beds
--baths
--sqft
$1,350,000
--price/sqft
$10,396/moest. monthly cost
$415,840/yrincome needed

About This Home

Fantastic investment opportunity in the heart of Brewers Hill! This beautiful and spacious three-unit property offers generous layouts and desirable amenities throughout. The main-floor unit features a three-bedroom, three-bath design across two levels. The second-floor unit offers two bedrooms and two baths, while the third-floor unit includes two bedrooms, two baths, and a loft.Each unit boasts a primary suite with an en-suite bathroom, private balcony, stainless steel appliances, and solid wood cabinetry throughout. Private garages for every unit add convenience and appeal.With its prime location, strong rental potential, and thoughtful layouts, this property is an excellent opportunity for investors or owner-occupants looking to generate additional income.

Getting Around

85
WalkingVery Walkable
59
TransitGood Transit
90
BikeBiker's Paradise

Schools

4/10
Carver AcademyGrades PK-80.2 mi
8/10
Golda Meir SchoolGrades 3-120.5 mi

Construction

Condition

  • Property condition: 11-20 Years
  • Year built: 2006

Materials

  • Construction materials: Fiber Cement

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: Full

Heating & Cooling

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

Property

Details

  • Parcel number: 3530426110
  • Zoning: Residential
  • Exclusions: Refrigerator X 3,Dishwasher X 3,Oven/Range X 3,Microwave X 3,Washer X 3,Dryer X 3,All Furnishings & Contents.

Lot

  • Lot size: 8,712 sqft

Parking

  • Parking features: Indoor Space,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 WaveModerate
  • 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 $6,826$81,912
Home Insurance *$788$9,456
Property Taxes $2,611$31,332
Electricity $171$2,054
Total$10,396$124,752
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$356,434/yr
40% on housing$311,880/yr
45% on housing$277,226/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 53212$126
Milwaukee County$146

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
2026-04-16Listed for sale$1,445,000
2023-11-20Listing removed--
2023-10-17Listed for sale$1,250,000
2022-06-02Sold$1,035,000
2022-05-08Contingent$1,035,000
2022-05-06Listed for sale$1,035,000

For Sale by Agent

AgentElevated RE Group*
BrokerageCompass RE WI-Tosa

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