Turn-key single-family property investment. A prime opportunity, fully rented and generating $1,400 monthly. With 3 bedrooms and 1 bath, new owners can enjoy immediate cash flow.
Closed
$65,000
3123 North 40th STREET, Milwaukee, WI 53216
3beds
1,096sqft
Single Family Residence
Built in 1922
3,484 Square Feet Lot
$119,100 Zestimate®
$59/sqft
$1,451 Estimated rent
Home value
$119,100
$96,000 - $141,000
$1,451/mo
Zestimate® history
Owner options
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$1,451/mo
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$367/mo
Est. payment
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$367/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
D'Antae Powers 414-807-5327,
EXP Realty, LLC MKE
Bought with:
D'Antae D Powers
Source: WIREX MLS,MLS#: 1891905
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Upper
- Area: 100
- Dimensions: 10 x 10
Bedroom 2
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Bedroom 3
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Bathroom
- Features: Shower Over Tub
Dining room
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Kitchen
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Living room
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Office
- Area: 100
- Dimensions: 10 x 10
Heating
- Natural Gas, Forced Air
Features
- Basement: Block
Interior area
- Total structure area: 1,096
- Total interior livable area: 1,096 sqft
Property
Parking
- Parking features: No Garage, 1 Space
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 3,484 Square Feet
- Features: Sidewalks
Details
- Parcel number: 2870818000
- Zoning: RT2
- Special conditions: Arms Length
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Aluminum/Steel, Aluminum Siding, Other
Condition
- 21+ Years
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Milwaukee
- Municipality: Milwaukee
Financial & listing details
- Price per square foot: $59/sqft
- Tax assessed value: $77,100
- Annual tax amount: $1,134
- Date on market: 9/14/2024
- Inclusions: None
- Exclusions: Seller's And Tenant's Personal Property.
Price history
| Date | Event | Price |
|---|---|---|
| 2/7/2025 | Sold | $65,000-27.7%$59/sqft |
Source:  WIREX MLS #1891905 Report a problem | ||
| 1/15/2025 | Pending sale | $89,900$82/sqft |
Source: WIREX MLS #1891905 Report a problem | ||
| 1/1/2025 | Listed for sale | $89,900$82/sqft |
Source: WIREX MLS #1891905 Report a problem | ||
| 12/17/2024 | Contingent | $89,900$82/sqft |
Source: WIREX MLS #1891905 Report a problem | ||
| 10/20/2024 | Price change | $89,900-5.4%$82/sqft |
Source: WIREX MLS #1891905 Report a problem | ||
| 10/5/2024 | Price change | $95,000-5%$87/sqft |
Source: WIREX MLS #1891905 Report a problem | ||
| 9/14/2024 | Listed for sale | $100,000+185.7%$91/sqft |
Source: WIREX MLS #1891905 Report a problem | ||
| 8/12/2020 | Sold | $35,000$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,768 +20.1% | $77,100 +23.8% |
| 2023 | $1,472 -0.8% | $62,300 |
| 2022 | $1,483 +28.7% | $62,300 +50.5% |
| 2021 | $1,152 | $41,400 |
| 2020 | $1,152 | $41,400 |
| 2019 | $1,152 -2.7% | $41,400 -2.6% |
| 2018 | $1,184 +37.7% | $42,500 +1% |
| 2017 | $859 -33.8% | $42,100 -4.1% |
| 2016 | $1,298 +24.6% | $43,900 |
| 2015 | $1,042 | $43,900 +3.1% |
| 2014 | $1,042 | $42,600 -7% |
| 2012 | -- | $45,800 -25% |
| 2011 | -- | $61,100 |
| 2010 | $1,680 -3.9% | $61,100 -7% |
| 2009 | $1,747 | $65,700 -14.8% |
| 2008 | -- | $77,100 +10% |
| 2007 | -- | $70,100 |
| 2006 | -- | $70,100 |
| 2005 | -- | $70,100 +11.3% |
| 2004 | -- | $63,000 +41.6% |
| 2003 | -- | $44,500 |
| 2002 | -- | $44,500 +17.4% |
| 2001 | $1,384 +24.9% | $37,900 |
| 2000 | $1,108 +25.9% | $37,900 +19.6% |
| 1999 | $880 | $31,700 |
Find assessor info on the county website
Neighborhood: Sherman Park
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Nearby schools
GreatSchools rating
- 2/10Townsend Street SchoolGrades: PK-8Distance: 0.4 mi
- 4/10Washington High School of Information TechnologyGrades: 9-12Distance: 0.8 mi
- 5/10Milwaukee French Immersion SchoolGrades: PK-5Distance: 1.2 mi
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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- Wisconsin
- Milwaukee County
- Milwaukee
- 53216
- Sherman Park
- 3123 North 40th STREET
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