$296,285Average Value$224Average Price per Sq Ft14Homes For Sale
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.
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.
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 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.
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.
Bring your best friend to Roverwest Dog Park.
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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.
Gaenslen Elementary is withing walking distance for many Riverwest children.
Riverside University High School is central to the surrounding neighborhoods.
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
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.
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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
On average, homes in Riverwest, Milwaukee sell after 22 days on the market compared to the national average of 55 days. The median sale price for homes in Riverwest, Milwaukee over the last 12 months is $274,900, down 2% from the median home sale price over the previous 12 months.
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Heather Boyd Home Team*Century 21 Affiliated - Delafield
2/1 duplex offers a renovation opportunity. City of Milwaukee Tax Foreclosure Property. Scope of work is $71,810. Essential scope of work is $58,590. Pre-approval or proof of funds REQUIRED with all offers & must cover purchase price plus Essential Repairs (see scope). Buyer must complete Essential Repairs within 180 days & have City provide proof of completion for performance deposit return.
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Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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