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Riverwest

Riverwest

Urban Pioneer Neighborhood in Milwaukee, Wisconsin

Milwaukee County 53212
4.8
$299,887 Average Value
$225 Average Price per Sq Ft
9 Homes For Sale
The Riverwest neighborhood is just northwest of Milwaukee's downtown area.
The Riverwest neighborhood is just northwest of Milwaukee's downtown area.

How Riverwest blends history with a vibrant arts scene

Riverwest is a central Milwaukee neighborhood where weekends are busy with activity, and residents are connected by a shared love for the community. Historically, Riverwest has been a hub for immigrants, a factory town, a counterculture hotspot and a central part of Milwaukee's civil rights movement. Today, the neighborhood blends a thriving arts scene with intimate restaurants, social events and shared hobbies.

One of Milwaukee’s young and renter-friendly neighborhoods

The area is young, with many University of Wisconsin-Milwaukee students, graduate students and young professionals. Families and long-term residents also live in the renter-friendly area. "There's little availability, but if people can get in there, they seem more prone to stay in Riverwest," says Bret Duer, a Realtor with The Real Estate Edge, LLC. "It's a desirable location, so people will stay there." Because of its attractions and momentum, Riverwest has become one of Milwaukee's most densely populated neighborhoods. "But with that close living comes an energy that's palpable," says Peter Adams, a lifelong Milwaukee resident and realtor with Coldwell Banker Realty. "This is a bustling neighborhood; it's not the suburbs."

Riverwest housing styles and what they cost

Except for a few modern homes and condos built on older lots, houses are from the late 1800s and early 1900s. "A lot of them need significant work," Duer says. "But the people who have been buying and flipping them have been doing really well." Both multifamily and single-family bungalows and Victorian cottages sell between the mid-$100,000s and the high $500,000s. Homes are close together, and lots are small, with just enough room for detached garages. Condos at the neighborhood's southern end sell between the low $100,000s and the mid-$700,000s.

Riverwest has a section of newly developed condos along the Milwaukee River.
Riverwest has a section of newly developed condos along the Milwaukee River.
Single family homes from over a century ago sit on well-maintained lawns.
Single family homes from over a century ago sit on well-maintained lawns.
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Colorful and vibrant neighborhood signage can be found throughout the Riverwest community.
Colorful and vibrant neighborhood signage can be found throughout the Riverwest community.

Where to find live music, festivals and local markets

Weekends are full of energy, with live music at local bars, art shows at restaurants and park hangouts. The event that brings the community together most is Riverwest 24, a 24-hour bike race and festival. "Streets shut down for all-night block parties, people come from around the country to watch, and participants get bonus points for getting tattoos or doing theatrical stunts during the race," Adams says. If you're looking for more action, check out the Riverwest Facebook page or coffee shop fliers to find events, including:

  • Riverwest Market, which takes place on Sundays from June through October
  • Riverwest Locust Street Festival, a celebration of music and art with vendors and performances
  • The Locust Street Beer Run, which has mandatory drinking spots along the course

How residents can get around Riverwest without a car

One of Riverwest's biggest perks, and what makes it so popular for the younger crowd, is its accessibility, walkability and transportation options. The area is considered a biker's paradise, with designated and shared lanes along main roads, Bublr Bike stations and paved recreational trails. More than 25 bus stops are in Riverwest and along its borders, heading everywhere, including east to the university, in Downer Woods, and southeast to Ascension Columbia St. Mary's Hospital, in Northpoint. With plenty of ways to get around, many residents choose not to own cars and avoid parking headaches. The area has alternate-side night parking, with extended hours from December through March and during snow emergencies. Overnight parking is also not allowed without a permit or temporary pass.

The Milwaukee public bus system has more than 25 bus sops throughout the neighborhood.
The Milwaukee public bus system has more than 25 bus sops throughout the neighborhood.
The Oak Leaf Trail and Beerline Trail add to the area's walkability and bike-friendly atmosphere.
The Oak Leaf Trail and Beerline Trail add to the area's walkability and bike-friendly atmosphere.
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Cozy restaurants and nightlife spots give Riverwest its city vibe

Riverwest is full of gathering spaces, like cozy cafes, quirky bars and breweries. "You've got all those cool little boutique stores, and the coffee shops and the rest," Duer says. "It has the feel for the younger crowd and city life vibe over there." Hangouts include:

  • Art Bar, a bar that highlights art through poetry readings, live music and paintings
  • Restaurants offering various cuisines that turn into nightclubs or music venues after dark
  • Colectivo Coffee, which started in Riverwest before expanding to multiple locations throughout the city
  • Breweries transformed from industrial spaces, like Amorphic Bear, Gathering Place Brewing Company and Black Husky Brewing

Breweries are in the neighborhood's northern end, transformed from former industrial spaces.
Breweries are in the neighborhood's northern end, transformed from former industrial spaces.
Gathering Place Brewery is another great option for grabbing a beer or watching live music.
Gathering Place Brewery is another great option for grabbing a beer or watching live music.
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Parks along the Milwaukee River

Just as the Milwaukee River shaped the neighborhood's name, it also shapes the community. The Oak Leaf Trail is a 135-mile paved trail that winds around the city, connecting a few riverside parks. Kern Park and Gordon Park feature sports courts, fields and play equipment, but it's their wooded trails along the water that stand out most. "Walking up the trail for a while, it kind of feels like you're off in the middle of nowhere, even though you're right in the middle of the city," Duer says. You can also get active on the river itself, kayaking, canoeing and fishing. Many dogs live in the area, and owners enjoy letting them run loose at the cutely named Roverwest Dog Park.

Roverwest Dog Park in Riverwest is where Milwaukee residents take their furry friends.
Roverwest Dog Park in Riverwest is where Milwaukee residents take their furry friends.
Bring your best friend to Roverwest Dog Park.
Bring your best friend to Roverwest Dog Park.
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Gaenslen Elementary is withing walking distance for many Riverwest children.
Gaenslen Elementary is withing walking distance for many Riverwest children.

Schools are within walking distance for Riverwest students

Students living in Riverwest are part of the Milwaukee Public Schools district, which offers school choice. Options in the neighborhood include Frederick J. Gaenslen School, Riverwest Elementary School and Fratney Elementary School. Fratney Elementary School, also known as La Escuela Fratney, emphasizes multiculturalism and dual language learning. Rufus King International Middle School is nearby, in Harambee, and Riverside High School is across the Milwaukee River, in Riverside Park.

Heather Haggerty
Written By
Heather Haggerty
Richard Ebbers
Photography Contributed By
Richard Ebbers
Ellie Brown
Video By
Ellie Brown

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

General Mitchell International

20 min drive

Bus

Humboldt & Singer

Bus

Holton & Center

Bus

Humboldt & Burleigh

Bus

Humboldt & North

Bus

Locust & Bremen

Bus

Humboldt & Capitol

Bus

Humboldt & Garfield

Reviews

Niche Reviews
4.8 4 Reviews
4.0 Current Resident
5/9/2024 Niche Review
Riverwest is a great neighborhood, you can hardly tell you're in a big city. It is very walkable, with lots of nice parks, bike trails, and the river and lake nearby. Great little "downtown" and not far from the actual downtown. Has its issues but don't all neighborhoods, just have to be a little more cautious than some places.
Are you familiar with the Riverwest neighborhood? to let others know what life in this neighborhood is like.

Crime and Safety

1 - Low Crime, 10 - High Crime Riverwest US
Homicide 5 4
Sexual Assault 6 4
Assault with Weapon 5 4
Robbery 5 4
Burglary 5 4
Motor Vehicle Theft 5 4
Larceny 5 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Riverwest Demographics and Home Trends

Housing Trends

Median List Price
$274,950
Median Sale Price
$274,900
Median Single Family Sale Price
$273,700
Median Townhouse Sale Price
$290,000
Median 2 Bedroom Sale Price
$220,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
69
Median Home Sale Price YoY Change
-1%
Average Price Per Sq Ft
$225

Neighborhood Facts

Number of Homes
2,072
Number of Homes for Sale
9
Median Year Built
1912
Months of Supply
1.60
Average Single Family Home Size Sq Ft
1,375
Significantly below the national average
1,930
Average Townhouse Size Sq Ft
2,122
Average 2 Bedroom Size Sq Ft
1,290
Average 1 Bedroom Size Sq Ft
915
Median Lot Size Sq Ft
3,920

Open Houses

  • Saturday, Feb 7
    12:30 - 2pm

    3421 N Fratney St, Milwaukee, WI 53212

    $435,000

    • 4 Beds
    • 2.5 Baths
    • 1,680 Sq Ft
    • 3421 N Fratney St
    • New 3 days ago

    This 1920 Riverwest bungalow has been lovingly restored and brought back to life! From the woodwork to the stained glass windows to the original hallway wallpaper, this home has an abundance of character! The charm has now been combined with many updates to make this spacious home move-in ready! The hardwood floors on the main level have been refinished, and there's all-new flooring upstairs. The

    Thrive Realty Group Keller Williams Realty-Milwaukee North Shore

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  • Sunday, Feb 8
    12:30 - 1:30pm

    2114 N Commerce St Unit 2114, Milwaukee, WI 53212

    $369,000

    • 2 Beds
    • 2.5 Baths
    • 1,555 Sq Ft
    • 2114 N Commerce St
    • Unit 2114
    • New 2 days ago

    Enjoy this sophisticated townhouse style condo near the river! This exceptional townhouse lives like new construction with a contemporary kitchen open to the great room and dining area. The kitchen offers granite countertops, maple wood floors, maple cabinets and SS appliances. The main floor offers floor to ceiling windows, a desirable balcony and half bath. 3rd floor offers a primary suite with

    Douglas Bartmann Shorewest Realtors, Inc.

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
10,978
Median Age
35
Population Density
14 ppl/acre
Population under 18
19%
On par with the national average
23.8%
Population over 65
10.7%
Below the national average
19.1%

Finances

Median Household Income
$56,666
Significantly below the national average
$79,601
Average Household Income
$73,202

Education and Workforce

High School Graduates
92.3%
College Graduates
46.6%
Above the national average
34.1%
Advanced Degrees
16.1%
% Population in Labor Force
75.3%
Above the national average
64.9%

Weather

Annual Precipitation
35''
Average Winter Low Temperature
17°F
Average Summer High Temperature
82°F
Annual Snowfall
33''

Area Factors

Biker's Paradise

Bike Score®

97 / 100

Very Walkable

Walk Score®

84 / 100

Good Transit

Transit Score®

55 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Riverwest