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Updated Duplex with Natural Woodwork
For Sale
$164,900

3507 N 40th St, Milwaukee, WI 53216

Two residential units provide refreshed interiors and flexible owner-occupancy or rental use.

Property Size2,288 SF
Price / SF$72.07
Days on Market71

Property Features for 3507 N 40th St

General Information

Standard status Active
Size 2,288 SF
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,729

Building Details

Buildings 1
Listing Agency: EXP Realty, LLC~MKE
Listed By: Corey Paszkiewicz · License #8296194
Source: Exprealty
Added: Jun 3 Changed: Aug 11 Last Checked: Aug 12 at 10:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC~MKE

Investment Insights

Based on property information with market context.

This duplex at 3507 N 40th St in Milwaukee contains 2,288 square feet across two residential units. Both units include living and dining areas, natural woodwork, LVP flooring, and contemporary finishes. The property’s updated interior features support continued residential occupancy without relying on the source’s subjective turnkey characterization.

The upper unit is occupied by a Section 8 tenant, while the lower unit can accommodate an owner occupant or serve as an additional rental unit. The combination of two-unit configuration, recent interior improvements, and an existing tenant in the upper residence creates a straightforward multifamily ownership profile.

Key Highlights

  • 2,288‑square‑foot duplex at 3507 N 40th St, Milwaukee, WI
  • Two residential units with living and dining areas
  • Natural woodwork featured throughout the units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Accounting Firm HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

707
Businesses Nearby

Demographics for 53216, WI

30,109
Population
13,556
Households
2.2
Avg Household Size
36
Median Age
18%
College-Educated
85%
High-School Grad
4.6 sq mi
ZIP Area
6,545
Density / Sq Mi
$43,466
Median Household Income
$34,823
Median Earnings
$970
Median Rent
$122,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units provide refreshed interiors and flexible owner-occupancy or rental use.
Where is this duplex located?
The property is located at 3507 N 40th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: 2,288‑square‑foot duplex at 3507 N 40th St, Milwaukee, WI; Two residential units with living and dining areas; Natural woodwork featured throughout the units
More about this property
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