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$550,000
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Property Description
Once in a generation, an East Side opportunity like this becomes available. Perfectly positioned at the corner of Lafayette Place and Farwell Avenue, this historic 1890s triplex places you in the heart of one of Milwaukee's most desirable and walkable neighborhoods. Offering three residential units--a 2 BR, 1 BA lower, a studio apartment, and a spacious two-story 3 BR, 1.5 BA upper--this property presents incredible flexibility for investors and owner-occupants alike. Surrounded by local restaurants, cafes, shopping, parks, and just minutes from the lakefront, this is a rare chance to own a classic Milwaukee investment in an unbeatable East Side location.
Full Property Details
Full Property Details for 1972 N Farwell Ave
General
- Price: $550,000
- Taxes: $5,753 (2025)
- Status: Active
- Type: Duplex
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1974044
- Updated: 8/7/2026
- Added to Site: 27 day(s) ago
Parking
- Uncovered Spaces: 1
- Parking Features: Near Public Transit, Outdoor Space
Location
- County: Milwaukee
- Driving Directions: From WI-190 W/E Capitol Dr, Turn onto N. Humboldt Blvd, Turn left onto E. North Ave, Turn right onto N. Farwell Ave, Destination is to the left after passing E Lafayette Pl.
School Information
- School District: Milwaukee
Heating & Cooling
- Heating/Cooling: Forced Air, Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: Duplex +
- Exterior Const.: Vinyl
- Basement Desc.: Crawl Space, Full, Partial
- Stories Description: 3 to 4 Stories
- Year Built: 1890
Unit Information
Unit 1
- Number of Units: 3
- Unit Description: 1 Bath, 2 Bedrooms, Family Room, Living Room, Range/Oven, Refrigerator
- Square Feet: Not Verifi
Unit 2
- Unit Description: Range/Oven, Refrigerator, Studio/Efficiency
- Square Feet: Not Verifi
Unit 3
- Unit Description: 1 Bath, 1/2 Bath, 3 or More Bedrooms, Balcony/Patio, Range/Oven, Refrigerator
- Square Feet: Not Verifi
Lot Features
- Lot Size (Acres): 0.05
- Zoning: RES
Financial Considerations
- Tax Amount: $5,753.86
- Tax Year: 2025
Listed by Keller Williams Realty-Milwaukee North Shore
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Schools
Schools serving 1972 N Farwell Ave
School District:Milwaukee School District
| Name | Grades | Distance |
|---|---|---|
Maryland Avenue Montessori School 2418 North Maryland Avenue, Milwaukee, WI 53211 | PK-8 | 0.5 mi |
Cass Street School 1647 North Cass Street, Milwaukee, WI 53202 | PK-8 | 0.8 mi |
Golda Meir School 1615 North Doctor Martin Luther King Junior Drive, Milwaukee, WI 53212 | 3-8 | 1.4 mi |
Lincoln Center of the Arts 820 East Knapp Street, Milwaukee, WI 53202 | 6-8 | 0.9 mi |
Rufus King International Middle School 121 East Hadley Street, Milwaukee, WI 53212 | 6-8 | 1.4 mi |
Roosevelt Middle School of the Arts 800 West Walnut Street, Milwaukee, WI 53205 | 6-8 | 1.7 mi |
Riverside University High School 1615 East Locust Street, Milwaukee, WI 53211 | 9-12 | 1 mi |
Bradley Technology & Trade High School 700 South 4th Street, Milwaukee, WI 53204 | 9-12 | 2.6 mi |
Milwaukee High School of the Arts 2300 West Highland Avenue, Milwaukee, WI 53233 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1972 N Farwell Ave
Date
Details
Price
Change
Source
7/31/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1972 N Farwell Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,477
—
$275,500
16%
2024
$5,477
9%
$237,900
12%
2023
$5,047
—
$211,900
—
2022
$5,045
-14%
$211,900
-4%
2021
$5,857
-8%
$221,600
—
2019
$6,359
10%
$222,500
—
2018
$5,756
4%
$222,500
—
2017
$5,515
1%
$222,500
16%
2016
$5,479
-2%
$191,200
—
2014
$5,587
-2%
$191,200
2%
2013
$5,709
2%
$186,900
-10%
2012
$5,583
—
$207,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1972 N Farwell Ave
1972 N Farwell Ave, Milwaukee, WI 53202 (MLS# 1974044) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1972 N Farwell Ave is currently listed for $550,000 and was received on July 31, 2026. Want to learn more about 1972 N Farwell Ave? Do you have questions about finding other Duplex real estate for sale in Milwaukee? You can browse all Milwaukee real estate or contact a Coldwell Banker agent to request more information.

