$1,306 Closing Credit¹
#1902736, Latisha James, Listing Office: Keller Williams Realty-Milwaukee Southwest
$110,000 List price
3240 N 40th St Milwaukee, WI 53216
$1,306
Closing credit¹
3 beds
1 full
990 sqft
0.08 acres
$111 / sqft
House
Property details
About 3240 N 40th St
Incredible Investment Opportunity in Sherman Park! This fully rehabbed 3-bedroom home offers turn-key perfection and solid rental income. Features include: Prime Location: Set back from the street with a spacious front yard and firepit. Modern Updates: Brand new paint, flooring, kitchen, and bathrooms with SLEEK finishes. Minimal Maintenance Worries: BRAND NEW tear-off roof, repaired siding, soffit, fascia, PLUS brand new AC and water heater! SOLID Cash Flow: $1,400/month in rental income!This home is ready to generate profits from day one! Don't miss out on this must-have investment in one of the city's most DESIRABLE neighborhoods!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size990 sqft
BasementYes
Lot size0.08 Acres
Year built1917
MLS #1908137
Summary
- MLS Number: 1908137
- MLS Name: WIREX_METRO
- Office Name: Premier Point Realty LLC
- Office Phone: (414) 395-5478
- Office Email: contact@premierpointrealty.com
- Listing Agent: Erica Winship
© 2025 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: 3/14/2025, 11:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$110,000
3240 N 40th St
$1,306
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 19, 2024 | Home Sold | $33,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $45,400 | $1,001 |
| 2022 | $45,400 | $1,080 |
| 2021 | $19,600 | $2,132 |
| 2020 | $19,600 | $7,649 |
| 2019 | $29,400 | $698 |
| 2018 | $28,300 | $1,348 |
History based on county public records data.
Nearby schools
3
Clemens Elementary School
Public District PK-5
1.1 mi
•3600 W Hope Ave
4
Milwaukee French Immersion
Public District PK-5
1.3 mi
•2360 N 52nd St
2
Jackson Elementary School
Public District PK-5
1.3 mi
•2121 W Hadley St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,366. Typical income of Milwaukee, WI residents is less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
64%
<35k
34%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
45%
Single, No Kids
40%
Single, with Kids
8%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
16%
12-17 yrs old
23%
18-34 yrs old
35%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3240 N 40th St
This home is located at 3240 N 40th St in Milwaukee, WI and zip code 53216 in the West neighborhood. This 990 square foot home, which was built in 1917, sits on a 0.08 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 27, 2025 and is currently priced at $110,000.
Over 122 listings were sold over their listed price in February 2025 in Milwaukee, WI. In the same period over 163 listings were sold below the listed price and 46 listings were sold for the listed price. In February 2025 in Milwaukee, WI there were 11.5% more homes for sale than in January.
From Rocket Homes Real Estate and based on county public records data.