3507 N 40th St Unit 3509 Milwaukee, WI 53216
Roosevelt Grove NeighborhoodEstimated payment $1,114/month
About This Home
Don't miss this opportunity to own a spacious 2/2 turnkey duplex in a highly desirable rental neighborhood. Each unit features a comfortable living and dining area and beautiful natural woodwork. Recent updates include durable LVP flooring and modern finishes throughout. Secure guaranteed rent with Section 8 tenants in both units and start generating cash flow immediately. Perfect for investors seeking reliable income in a thriving area.
Property Details
Property Type
- Other
Est. Annual Taxes
- $2,643
Lot Details
- 4,792 Sq Ft Lot
- Property fronts an alley
Parking
- 2 Car Detached Garage
Home Design
- Vinyl Siding
Interior Spaces
- 2,288 Sq Ft Home
- Basement Fills Entire Space Under The House
Community Details
- 2 Units
Listing and Financial Details
- Exclusions: Tenants personal property
- The owner pays for sewer, water
- Assessor Parcel Number 2680541000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,980 | $119,100 | $6,900 | $112,200 |
| 2023 | $2,139 | $90,500 | $6,900 | $83,600 |
| 2022 | $3,962 | $90,500 | $6,900 | $83,600 |
| 2021 | $4,012 | $68,100 | $6,900 | $61,200 |
| 2020 | $2,135 | $68,100 | $6,900 | $61,200 |
| 2019 | $3,395 | $65,500 | $6,900 | $58,600 |
| 2018 | $4,387 | $65,500 | $6,900 | $58,600 |
| 2017 | $4,861 | $65,500 | $5,100 | $60,400 |
| 2016 | $4,044 | $65,700 | $5,100 | $60,600 |
| 2015 | -- | $65,700 | $5,100 | $60,600 |
| 2014 | -- | $65,700 | $5,100 | $60,600 |
| 2013 | -- | $65,700 | $5,100 | $60,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Price Changed | $169,900 | -5.6% | $74 / Sq Ft |
| 07/29/2025 07/29/25 | For Sale | $179,900 | -- | $79 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $165,000 | None Listed On Document | |
| Warranty Deed | $73,000 | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $123,750 | New Conventional | |
| Previous Owner | $100,000 | New Conventional |
Source: Metro MLS
MLS Number: 1928619
APN: 268-0541-000-X
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