Once in a generation, an East Side opportunity like this becomes available. Perfectly positioned at the corner of Lafayette Place and Farwell Avenue, this historic 1890s triplex places you in the heart of one of Milwaukee's most desirable and walkable neighborhoods. Offering three residential units--a 2 BR, 1 BA lower, a studio apartment, and a spacious two-story 3 BR, 1.5 BA upper--this property presents incredible flexibility for investors and owner-occupants alike. Surrounded by local restaurants, cafes, shopping, parks, and just minutes from the lakefront, this is a rare chance to own a classic Milwaukee investment in an unbeatable East Side location.
Active
$550,000
1972 N Farwell AVENUE, Milwaukee, WI 53202
--beds
--baths
--sqft
Multi Family, Duplex
Built in 1890
-- sqft lot
$535,500 Zestimate®
$--/sqft
$-- HOA
What's special
Studio apartment
- 36 days
- 181
- 5
Zillow last checked:
Listing updated:
Listed by:
HIGHMARK RE Group* 414-517-7716,
Keller Williams Realty-Milwaukee North Shore
Source: WIREX MLS,MLS#: 1974044
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Natural Gas, Forced Air
Appliances
- Included: Dryer, Washer, Seller Owned: Water Heater
Features
- Basement: Crawl Space Only,Full,Partial
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 2,178 Square Feet
Details
- Parcel number: 3551235000
- Zoning: RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Milwaukee
- Municipality: Milwaukee
Financial & listing details
- Tax assessed value: $275,500
- Annual tax amount: $5,753
- Date on market: 7/31/2026
- Inclusions: Oven, Range, Refrigerator, Coin Washer And Dryer
- Exclusions: Seller And Lessors Personal Property
Estimated market value
$535,500
$509,000 - $562,000
$2,015/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Listed for sale | $550,000+194.3% |
Source:  WIREX MLS #1974044 Report a problem | ||
| 11/18/2013 | Sold | $186,900 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,730 +5% | $275,500 +15.8% |
| 2024 | $5,455 +8.9% | $237,900 +12.3% |
| 2023 | $5,007 -0.8% | $211,900 |
| 2022 | $5,045 -18.2% | $211,900 -4.4% |
| 2021 | $6,167 | $221,600 |
| 2020 | $6,167 | $221,600 |
| 2019 | $6,167 -9.2% | $221,600 -9.2% |
| 2018 | $6,795 +18.1% | $244,000 +20.6% |
| 2017 | $5,756 +4.4% | $202,300 +5.8% |
| 2016 | $5,515 +0.7% | $191,200 |
| 2015 | $5,479 | $191,200 +2.3% |
| 2014 | $5,479 | $186,900 |
| 2012 | -- | $186,900 -9.8% |
| 2011 | -- | $207,200 |
| 2010 | $5,497 +2.3% | $207,200 |
| 2009 | $5,376 | $207,200 -9.3% |
| 2008 | -- | $228,400 |
| 2007 | -- | $228,400 |
| 2006 | -- | $228,400 |
| 2005 | -- | $228,400 +8.7% |
| 2004 | -- | $210,200 +53.9% |
| 2003 | -- | $136,600 +10.4% |
| 2002 | -- | $123,700 +27.4% |
| 2001 | $2,920 +5.4% | $97,100 |
| 2000 | $2,769 +20.1% | $97,100 +12.1% |
| 1999 | $2,305 | $86,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lower East Side
Nearby schools
Schools provided by the listing agent
- District: Milwaukee
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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