RealtyLens
for saleRealtyLens property overview
$281,900

1561 W Morgan Ave

Milwaukee, WI, 53221
View more Milwaukee, WI property pages
5Beds
2Baths
1,375Sqft
$205$/sqft

Listing Notes

This well maintained and upgraded charming cape cod house 3 Bedrooms; 2 full baths; 2 car garage; finished hardwood flooring in living room & main floor 2 bedrooms & 1upstairs room offers beautiful luxurious huge master suite remodel(carpet/ pad, mill wood, etc.); Kitchen boasts beautiful cabinets, appliances & granite counters Fenced back yard w/ space for play. NEW 2021: Tear off roof home & garage, 26 windows, kitchen & bathroom remodels, lighting. AC under 10 yrs. fresh paints. Providing additional or optional living space in the lower level rec room/Gym/office with full bath.

Market Insights

Below nearby median-6.4%

$205/sqft vs a nearby median of $219/sqft.

Nearby median$219/sqft
Nearby properties8
Property size1,375 sqft
  • -6.4% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,375 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$296k$270k$322k · 52% confidence
vs ask $282k−$14k (−5.0%)

Asking price is about 5.0% below the fair value — likely to draw competing offers if it's still on market.

$219/sqft median across 8 tight comps × 1,375 sqft= $300k
  • Sparse street life−$4k −1.5%
Cumulative NYC adjustments−$4k−1.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-6.4% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
4 days
Last price change
No change recorded
Listed
May 8, 2026
Photos
36 photos
Property type
single family
Status
for sale
Last sold
Jul 29, 2022 · $220,000
Garage
2 spaces

Features & Amenities

GymForced AirGame RoomLaundry RoomWasher DryerGarage 1 Or MoreGarage 2 Or MoreTwo Or More StoriesFenced YardMaster SuiteHardwood FloorsOfficeExercise Room

Photos

Price History

May 8, 2026Initial record
$281,900for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.