1 month on rocket

3123 N 40th St, Milwaukee, WI, 53216

$89,900

Home List Price

$1,068*

Closing Credit

3 Bedrooms
1 Full Bath
1,096 SqFt
$82/SqFt
House

Location

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3123 N 40th St, Milwaukee$89,900

Buyer Closing Credits

$1,068*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone, 1 Space
Year Built1922
HeatingForced Air, Natural Gas
BasementYes
MLS #1891905
Lot Size0.08 Acres
StatusActive

About 3123 N 40th St

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1922
  • Stories: 1
  • Living Area: 1,096 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC MKE
  • Office Phone: (866) 848-6990
  • Listing Agent: D'Antae Powers

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None, 1 Space

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

School Info

Assigned Schools Information:

  • Whs Information Technology, Public District Grades 9-12
  • Milwaukee High School of The Arts, Public District Grades 9-12
  • Milwaukee School of Languages, Public District Grades 6-12
  • Townsend Street Elementary School, Public District Grades PK-8
  • Starms Discovery, Public District Grades 1-8
  • Roosevelt Middle School, Public District Grades 6-8
  • Milwaukee French Immersion, Public District Grades PK-5
  • Elm Creative Arts Elementary School, Public District Grades PK-5
  • Milwaukee German Immersion, Public District Grades PK-5

Other

Municipality:

  • Milwaukee

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,900
  • Price Per SqFt: $82/SqFt

Tax Information:

  • Annual Amount: $851
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Milwaukee, WI.

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Milwaukee, WI

City

Med. Sold Price

$244.6K

Med. Price/SqFt

$175

# of Sold Homes

496

3123 N 40th St vs Milwaukee

47 DAYS ON ROCKET

$89,900

-$154.7K Less

$82/SqFt

-$93 Less

KEY TAKEAWAY

This property is $154.7K less than the Median Sold Price and $93/SqFt less than other homes in Milwaukee, WI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: WIREX_METRO
  • MLS Number: #1891905

Listing Office:

  • Office Name: EXP Realty, LLC MKE
  • Office Phone: (866) 848-6990
  • Listing Agent: D'Antae Powers

© 2024 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 9:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$851$41,400
2019$851$42,500
2018$859$42,100

History based on county public records data.

Payment Calculator

$516

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-875235
4
/10

  • Milwaukee French Immersion

  • 2360 N 52nd St

  • 1.20 miles

  • Public District Grades PK-5

school-card-donut-875236
2
/10

  • Elm Creative Arts Elementary School

  • 900 W Walnut St

  • 2.55 miles

  • Public District Grades PK-5

school-card-donut-875237
5
/10

  • Milwaukee German Immersion

  • 3778 N 82nd St

  • 2.64 miles

  • Public District Grades PK-5

Middle School

school-card-donut-875238
2
/10

  • Townsend Street Elementary School

  • 3360 N Sherman Blvd

  • 0.35 miles

  • Public District Grades PK-8

school-card-donut-875239
5
/10

  • Starms Discovery

  • 2035 N 25th St

  • 1.57 miles

  • Public District Grades 1-8

school-card-donut-875240
3
/10

  • Roosevelt Middle School

  • 800 W Walnut St

  • 2.61 miles

  • Public District Grades 6-8

High School

school-card-donut-875241
1
/10

  • Whs Information Technology

  • 2525 N Sherman Blvd

  • 0.75 miles

  • Public District Grades 9-12

school-card-donut-875242
2
/10

  • Milwaukee High School of The Arts

  • 2300 W Highland Ave

  • 2.38 miles

  • Public District Grades 9-12

school-card-donut-875243
3
/10

  • Milwaukee School of Languages

  • 8400 W Burleigh St

  • 2.78 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,385. Residents of Milwaukee, WI typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3123 N 40th St

What is the listing price of this property?

The listing price of 3123 N 40th St property is $89,900.

What type of property is this?

The property 3123 N 40th St is a house located in Milwaukee, Wisconsin, 53216.

Is this property for sale now?

Active Listing: 3123 N 40th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3123 N 40th St are:
Milwaukee French Immersion: GreatSchools Rating 4/10
Elm Creative Arts Elementary School: GreatSchools Rating 2/10
Milwaukee German Immersion: GreatSchools Rating 5/10
Townsend Street Elementary School: GreatSchools Rating 2/10
Starms Discovery: GreatSchools Rating 5/10
Roosevelt Middle School: GreatSchools Rating 3/10
Whs Information Technology: GreatSchools Rating 1/10
Milwaukee High School of The Arts: GreatSchools Rating 2/10
Milwaukee School of Languages: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $851 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3123 N 40th St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3123 N 40th St is 1,096 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3123 N 40th St is 1922.

Rocket Homes›Wisconsin›Milwaukee County›Milwaukee›53216›3123 N 40th St

This home is located at 3123 N 40th St in Milwaukee, WI and zip code 53216 in the West neighborhood. This 1,096 square foot home, which was built in 1922, sits on a 0.08 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 14, 2024 and is currently priced at $89,900.

Milwaukee, WI housing market in September 2024 saw over 250 listings sold above listed price, more than 82 sold at listed price and over 164 sold below. The number of homes for sale in Milwaukee, WI increased by 7.5% between August 2024 and September 2024.

From Rocket Homes Real Estate and based on county public records data.

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