#1924878, Marques Morgan, Listing office: Empowerment Realty Group LLC
$149,000 List price
4863 N 40th St Milwaukee, WI 53209
3 beds
1 full, 1 partial
1,341 sqft
0.1 acres
$111 / sqft
House
Property details
About 4863 N 40th St
Turnkey single-family home rented for $1,588/month with tenant paying all utilities. Long-term tenant in place and professionally managed for hands-off ownership. Strong cash flow and low maintenance--ideal addition to any portfolio.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size1,341 sqft
BasementYes
Lot size0.11 Acres
Year built1939
ParkingDetached,1 Car
MLS #1925865
Attached garage1 space
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Other
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Detached,1 Car
- Architectural Style: Cape Cod
- Heating: Forced Air, Natural Gas
- List Price: $149,000
- Price/SqFt: $111
- Annual Tax Amount: $2,334
- Tax Year: 2023
- Year Built: 1939
- Stories: 2
- Living Area: 1,341 SqFt
- Municipality: Milwaukee
- Lot Size: 0.11 Acres
- MLS Number: 1925865
- MLS Name: WIREX_METRO
- Office Name: Venture Real Estate Group LLC
- Office Phone: (414) 704-8400
- Office Email: droeming@dkrventures.com
- Listing Agent: Andrew Lied
© 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: 8/1/2025, 2:15:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 27, 2023 | Home Sold | $85,000 |
| Jul 27, 2015 | Home Sold | $27,000 |
| Jul 26, 2005 | Home Sold | $89,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $101,800 | $2,334 |
| 2022 | $101,800 | $2,423 |
| 2021 | $51,700 | $2,396 |
| 2020 | $51,700 | $1,288 |
| 2019 | $63,700 | $1,592 |
| 2018 | $59,100 | $1,462 |
History based on county public records data.
Nearby schools
5
Hampton Elementary School
Public District PK-5
0.8 mi
•5000 N 53rd St
3
Clemens Elementary School
Public District PK-5
0.8 mi
•3600 W Hope Ave
2
Barbee Elementary School
Public District PK-6
1.2 mi
•4456 N Teutonia Ave
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 $38,750. The majority of Milwaukee, WI residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
46%
<35k
50%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
52%
Single, No Kids
28%
Single, with Kids
10%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
11%
12-17 yrs old
21%
18-34 yrs old
41%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
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 4863 N 40th St
The listing price of 4863 N 40th St property is $149,000.
The property 4863 N 40th St is a house located in Milwaukee, Wisconsin, 53209.
Active Listing: 4863 N 40th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4863 N 40th St are: Hampton Elementary School (GreatSchools Rating 5/10), Clemens Elementary School (GreatSchools Rating 3/10), Barbee Elementary School (GreatSchools Rating 2/10), Congress Elementary School (GreatSchools Rating 3/10), Carson Academy (GreatSchools Rating 1/10), Thurston Woods Elementary School (GreatSchools Rating 4/10), Obama School of Career and Technical Education (GreatSchools Rating 1/10), Banner Preparatory School of Milwaukee (GreatSchools Rating 1/10), Assata High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $2,334 (source: MLS/based on county public records data).
The last sale was on January 27, 2023 for $85,000 (source: MLS/tax record).
The property at 4863 N 40th St has 3 bedrooms and 1 full and 1 half bathrooms.
The property 4863 N 40th St is 1,341 SqFt (source: MLS/tax record).
The year of construction for 4863 N 40th St is 1939.
This home is located at 4863 N 40th St in Milwaukee, WI and zip code 53209 in the Old North Milwaukee neighborhood. This 1,341 square foot home, which was built in 1939, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 10, 2025 and is currently priced at $149,000.
In July 2025 more than 371 listings in Milwaukee, WI were sold above the asking price. During the same period more than 73 listings were sold at asking price, while more than 160 were sold below. Between June and July 2025, Milwaukee, WI real estate market has seen increase in the number of listings by 3.4%. The median list price of listings available in July 2025 was $265,590, while the average time on the real estate market was 20 days.
From Rocket Homes Real Estate and based on county public records data.