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Listing provided courtesy of EXP Realty, LLC~MKEMetro MLS- MLS# 1965367MLS Provider

3507 N 40th St, 3509Milwaukee, WI 53216

Multi-Family · 0.11 Acres
$164,900 Active

3507 N 40th St, 3509 Overview

Time on Site:
27 days
Visits:
0

Great opportunity to own a spacious 2/2 turnkey duplex in a highly desirable rental neighborhood. Each unit features a comfortable living and dining area and beautiful natural woodwork. Recent updates include durable LVP flooring and modern finishes throughout. Guaranteed rent with Section 8 tenant in upper unit. Lower is perfect for owner occupant or additional rental income. Schedule your showing Today!

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3507 N 40th St, 3509 Facts & Features

  • Type Multi-Family
  • Lot 0.11 Acres

Details

General

School Information

  • School District: Milwaukee

Listing Information

  • Concessions: Yes

Building Information

  • Year Built: 1930

Location/Region

  • County Or Parish: Milwaukee
  • Postal City: Milwaukee

Tax Information

  • Tax Annual Amount: 2729.98
  • Tax Year: 2025

General Information

  • Exclusions: Tenants personal property
  • Parcel Number: 2680541000
  • Property Sub Type: Two Family
  • Property Type: Two-Family
  • Zoning: RT2

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: Full
  • Living Area Source: Public Records

Unit Information

  • Unit 1 Rooms: 2nd Bedroom Length: 0
  • Unit 1 Rooms: 2nd Bedroom Level: Main
  • Unit 1 Rooms: 2nd Bedroom Width: 0
  • Unit 1 Rooms: Dining Room Length: 0
  • Unit 1 Rooms: Dining Room Level: Main
  • Unit 1 Rooms: Dining Room Width: 0
  • Unit 1 Rooms: Kitchen Length: 0
  • Unit 1 Rooms: Kitchen Level: Main
  • Unit 1 Rooms: Kitchen Width: 0
  • Unit 1 Rooms: LivingGreat Room Length: 0
  • Unit 1 Rooms: LivingGreat Room Level: Main
  • Unit 1 Rooms: LivingGreat Room Width: 0
  • Unit 1 Rooms: Master Bedroom Length: 0
  • Unit 1 Rooms: Master Bedroom Level: Main
  • Unit 1 Rooms: Master Bedroom Width: 0
  • Unit 2 Rooms: 2nd Bedroom Length2: 0
  • Unit 2 Rooms: 2nd Bedroom Level2: Upper
  • Unit 2 Rooms: 2nd Bedroom Width2: 0
  • Unit 2 Rooms: Dining Room Length2: 0
  • Unit 2 Rooms: Dining Room Level2: Upper
  • Unit 2 Rooms: Dining Room Width2: 0
  • Unit 2 Rooms: Kitchen Length2: 0
  • Unit 2 Rooms: Kitchen Level2: Upper
  • Unit 2 Rooms: Kitchen Width2: 0
  • Unit 2 Rooms: LivingGreat Room Length2: 0
  • Unit 2 Rooms: LivingGreat Room Level2: Upper
  • Unit 2 Rooms: LivingGreat Room Width2: 0
  • Unit 2 Rooms: Master Bedroom Length2: 0
  • Unit 2 Rooms: Master Bedroom Level2: Upper
  • Unit 2 Rooms: Master Bedroom Width2: 0

Exterior

Parking Information

  • Parking Features: Alley Entrance

Lot Information

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 4791.6
  • Lot Size Units: Acres

Building Exterior/Construction

  • Attached Garage: false
  • Garage Type: Detached
  • Construction Materials: Vinyl

General Information

  • Number Of Units Total: 2
  • Sewer: Municipal Sewer

3507 N 40th St, 3509 Neighborhood

Community

53216 (Milwaukee) Demographics

34
Median Age
6,786
Population Density (per sq. mile)
25%
College Educated
$36,171
Estimated Median Income
5,367
Estimated Total Home Owners
7,191
Estimated Total Renters
43% / 57%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3507 N 40th St, 3509 Monthly Cost

$
$ %
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$
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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3507 N 40th St, 3509 Market Data

Based on the last 30 days in this zip code

$177,723
Average List Price
$132
Average Price per Square Foot
26
Properties Sold
57
Average Days on Market
99
Properties for Sale
Calculations provided by Reliance Network

3507 N 40th St, 3509 History

Date Event Value Agent
6/3/2026Source: Metro MLS Added to Database
June 03, 2026