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301 E Reservoir AVENUE #4, Milwaukee, WI, 53212

4beds
4baths
3,182sqft
$800,000
$251price/sqft
$6,346/moest. monthly cost
$253,840/yrincome needed

About This Home

4 bedroom 4 full bath 3000+ sqft all on one level with huge balcony overlooking downtown Milwaukee. 20 year owner regretfully downsizing but leaves the unit exceptionally situated for the next owner. Big open living space with gas fireplace, formal dining room, and spacious kitchen with appliances included and tons of cabinet/countertop space. Primary suite features walk in closet plus second ''hidden'' walk in closet area behind bed. In unit utility room with full sized washer/dryer. 3 underground parking spaces. Chic walkable area close to all the Milwaukee fun. Did I mention the breathtaking panoramic downtown views from your end to end balcony? Call today!

Getting Around

87
WalkingVery Walkable
62
TransitGood Transit
70
BikeVery Bikeable

Schools

4/10
Carver AcademyGrades PK-80.2 mi
8/10
Golda Meir SchoolGrades 3-120.4 mi
3/10

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1937

Materials

  • Construction materials: Brick,Brick/Stone

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Oven,Range,Refrigerator,Washer
  • Laundry features: In Unit

Basement

  • Basement: None / Slab

Bathroom

  • Features: Ceramic Tile,Master Bedroom Bath,Shower Over Tub

Bedroom2

  • Level: Main
  • Area: 156

Bedroom3

  • Level: Main
  • Area: 143

Bedroom4

  • Level: Main
  • Area: 132

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bedrooms: 4

Dining Room

  • Level: Main
  • Area: 288

Features

  • Walk-In Closet(s)

Heating & Cooling

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

Interior Area

  • Total structure area: 3,182
  • Total interior livable area: 3,182 sqft

Kitchen

  • Level: Main
  • Area: 270

Living Room

  • Level: Main
  • Area: 576

Master Bedroom

  • Level: Main
  • Area: 240

Property

Details

  • Parcel number: 3531894000
  • Zoning: C9B(A)

Features

  • Levels: Two,1 Story
  • Stories: 2
  • Exterior features: Balcony
  • Living area range: 3001-3500,2501 or more

Parking

  • Total spaces: 3
  • Parking features: Attached,Underground,3 Car
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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 $4,045$48,540
Home Insurance *$467$5,604
Property Taxes $1,535$18,420
Electricity $299$3,588
Total$6,346$76,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$217,577/yr
40% on housing$190,380/yr
45% on housing$169,226/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

$251This listing

vs Other Active Listings

Avg $/sqft

ZIP 53212$133
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)

No zestimate history available

Price History

DateEventPrice
2026-01-06Listed for sale$800,000
2025-10-07Contingent$800,000
2025-08-25Price change$800,000
2025-06-06Price change$815,000
2025-04-17Price change$830,000
2025-03-14Listed for sale$849,900
2007-02-01Sold$649,000

For Sale by Agent

AgentJustin Ippoliti
BrokerageShorewest Realtors - South Metro

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