2838 N 40th St #2840, Milwaukee, WI 53210 - Photo 1

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$59,900 Contingent

For Sale
Contingent
Duplex
1 Car Garage
Updated 2 days ago

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Property Description

Calling all investors & rehab specialists! Opportunity knocks with this Sherman Park duplex. This spacious property features 2 bedrooms and 1 bath in each unit, with a consistent and profitable rental history. Updates within the past year include approximately $30K in improvements: - gutters, exterior siding repair and replacement and full upper unit flooring update. There was a recent fire in the home that damaged much of the interior. The exterior of the home seems largely unaffected, but both units will require rehabbing before they will be ready for tenants. This fire-damaged property is being sold strictly as-is, where-is, with all faults. Seller will not make any repairs or credits. Cash or rehab financing only. Buyer to verify condition, permits & scope of work.

Full Property Details

Full Property Details for 2838 N 40th St #2840

General

Price: $59,900
Taxes: $2,487 (2025)
Status: Contingent
Type: Duplex
Source: MetroMLS_Milwaukee_Wirex
MLS ID: 1955799
Updated: 3/31/2026
Added to Site: 2 day(s) ago

Parking

Garage: Yes
Garage Spaces: 1
Parking Features: Alley Entrance, Parking Space

Location

County: Milwaukee
Subdivision: Sherman Park
Driving Directions: W Burleigh St to N 40th St to property

School Information

School District: Milwaukee
Elementary School: Metcalfe
Middle School: Milwaukee Sch of Languages 6-12
High School: WHS Info Technology

Utilities

Water/Sewer: Municipal Sewer, Municipal Water

Structural Information

Architectural Style: Duplex/2 Story
Exterior Const.: Aluminum Siding, Low Maintenance Trim
Basement Desc.: Block, Full
Year Built: 1917

Unit Information

Unit 1

Square Feet: 2202
Bathroom Features: Full Bath on Main Level, Shower over Tub
Bedrooms: 2

Unit 2

Bathroom Features: Full Bath on Main Level, Shower over Tub
Bedrooms: 2

Lot Features

Lot Size (Acres): 0.11
Lot Size: 40 x 118
Zoning: RS6 Res

Financial Considerations

Tax Amount: $2,487.16
Tax Year: 2025

Listed by The Wisconsin Real Estate Group

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Schools

Schools serving 2838 N 40th St #2840

School District:Milwaukee School District

Name	Grades	Distance
Metcalfe School 3400 West North Avenue, Milwaukee, WI 53208	PK-8	0.8 mi
Milwaukee French Immersion School 2360 North 52nd Street, Milwaukee, WI 53210	PK-5	1 mi
Starms Early Childhood Center 2616 West Garfield Avenue, Milwaukee, WI 53205	PK-K	1.1 mi
Roosevelt Middle School of the Arts 800 West Walnut Street, Milwaukee, WI 53205	6-8	2.4 mi
Rufus King International Middle School 121 East Hadley Street, Milwaukee, WI 53212	6-8	2.7 mi
Milwaukee School of Languages 8400 West Burleigh Street, Milwaukee, WI 53222	6-12	2.8 mi
Washington High School of Information Technology 2525 North Sherman Boulevard, Milwaukee, WI 53210	9-12	0.5 mi
Milwaukee High School of the Arts 2300 West Highland Avenue, Milwaukee, WI 53233	9-12	2.1 mi
Rufus King International High School 1801 West Olive Street, Milwaukee, WI 53209	9-12	2.2 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 2838 N 40th St #2840 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/31/2026

Listed

$59,900

47.17%

MLS

3/31/2025

Sold

$40,700

—

Public Record

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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 2838 N 40th St #2840

Year

Property Taxes

Change

Tax Assessment

Change

2024

$3,832

-10%

$91,500

30%

2023

$4,237

166%

$70,500

—

2022

$1,591

18%

$70,500

41%

2021

$1,347

-1%

$50,100

-1%

2019

$1,354

$50,700

—

2018

$1,345

-10%

$50,700

—

2017

$1,487

-9%

$50,700

-10%

2016

$1,643

-4%

$56,400

—

2014

$1,710

-12%

$56,400

-10%

2013

$1,940

$62,700

-25%

2012

$1,798

—

$83,600

—

View All

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 2838 N 40th St #2840

2838 N 40th St #2840, Milwaukee, WI 53210 (MLS# 1955799) is a Duplex property with 0 bedrooms and 0 full bathrooms. 2838 N 40th St #2840 is currently listed for $59,900 and was received on March 31, 2026. Want to learn more about 2838 N 40th St #2840? 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.

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2838 N 40th St #2840 Milwaukee, WI 53210