Public Remarks: This property is being offered as a tax foreclosure by the City of Milwaukee. Please see attached scope of work with the essential renovation costs of $27,575 and the total scope of work totaling $40,825. Room and lot sizes are estimates & all information should be verified. Property being sold in 'as-is' condition. Property is subject to a performance deposit. Earnest money to be paid to Knight Barry Title and can be mailed or dropped off. Please indicate Knight Barry will be holding EM. City will only consider owner occ offers until September 10, 2026.
Sherman Park, located between W North Ave and W Capitol Dr, is a residential and civic Milwaukee neighborhood with mid-century brick homes and broad, tree-lined boulevards. The neighborhood’s character concentrates around W North Ave near Sherman Blvd, where corner taverns, barbershops, and small storefronts meet steady bus traffic and classic Milwaukee streetscapes. Washington Park anchors the east edge with lagoons, paths, and open lawns that shape daily routines. Sherman Boulevard’s landscaped median reads like a linear park, framing tidy blocks of ranches, bungalows, and duplexes. The Urban Ecology Center at Washington Park adds a hands-on cultural layer through nature programming and community events. Nearby, the Milwaukee County Zoo and the Wisconsin State Fair Park pull in weekend energy without changing the neighborhood’s calm cadence.
Provided by Walk Score and Local Logic
Market insights
3223 N 40th St · $69,900
DAYS ON MARKET
31 days
The average home goes pending in 38 days.
SALE-TO-LIST
101.4%
Most homes are selling 1% above list price.
LIST PRICE
$69,900
Median list price in this area is $296,058. (324% higher than this home)
PRICE DROP
0 price drops
18% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Full basement
Bedrooms
Three bedrooms (each about 10 x 10) — all on the upper level
Bathrooms
One full bathroom
Kitchen
Kitchen on the main level
Laundry & utility
Laundry/utility details not provided
Flooring
Flooring details not provided
Heating & cooling
Forced air heating
Natural gas heat
Exterior features
Other exterior (specifics not provided)
Home design
Single-family home
One-story design
Entry level: Main
Parking
Parking details not provided
Security
Security details not provided
Construction
Year built: Assessor/Public Record
Utilities
Municipal water
Municipal sewer
HOA & community
HOA information not provided
Financial info
Total taxes listed (details available separately)
Other
Lot size about 0.08 acre (less than 1/2 acre)
Zoning: RT2
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of the RT1-RT2 districts is to promote, preserve and protect neighborhoods intended primarily for one- and 2-family dwellings. Properties in these districts typically have larger setbacks and smaller lot coverage than those found in the RT3 or RT4 districts. Commercial uses are not allowed in these districts. The neighborhoods found in RT1 and RT2 districts feature a regular platting standard and a more uniform pattern of development than those of the RT3 district. These neighborhoods were platted and developed, in large part, in the mid- to late-1900s, with some areas recently developed.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Assembly/ meeting place
Housing-Single unit
Housing-Multiple units
Housing-Other
Educational/school
Fire house
Library
Police station
Park & open space
Mar 5, 2007 • Final
Electrical
Electrical
Mar 1, 2007 • Final
Electrical
Work on electrical systems.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 98° expected this year, 13 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Milwaukee, WI • 53216
Average low and high temperatures (°F)
27
13
35
19
49
30
57
39
65
45
78
59
82
65
78
62
76
56
65
47
48
35
34
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
74/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3223 N 40th St
$68,336
$1,564 under list price of $70K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $75K to $184K.