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for saleRealtyLens property overview
$144,999
1450 N 40th St
Milwaukee, WI, 53208
View more Milwaukee, WI property pages3Beds
1Baths
1,684Sqft
$86$/sqft
Listing Notes
Single-family home located directly across from Washington Park, features 3 bedrooms and 1 full bathroom on the upper level, along with a spacious living room and dining room on the main level. Newer windows provide added efficiency and natural light. The property includes a driveway with ample parking. Currently tenant-occupied on a month-to-month basis, with a long-term tenant of over 3 years generating $1,375 per month. Ideal opportunity for investors seeking steady rental income. Property is being sold AS-IS.
Market Insights
Below nearby median-7.5%
$86/sqft vs a nearby median of $93/sqft.
Nearby median$93/sqft
Nearby properties5
Property size1,684 sqft
- -7.5% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,684 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$158k$141k – $175k · 33% confidence
vs ask $145k−$13k (−9.0%)
Asking price is about 9.0% below the fair value — likely to draw competing offers if it's still on market.
$93/sqft median across 4 tight comps × 1,684 sqft= $156k
- Pre-war character+$4k +2.5%
- Sparse street life−$2k −1.5%
Cumulative NYC adjustments+$2k+1.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 12 days
- Last price change
- No change recorded
- Listed
- Apr 30, 2026
- Photos
- 34 photos
- Property type
- single family
- Status
- for sale
- Last sold
- Jul 27, 2005 · $113,500
Features & Amenities
Dining RoomFamily RoomTwo Or More StoriesRental PropertyEfficient
Photos
Price History
May 8, 2026Initial record
$144,999for sale