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3172 40th St

Milwaukee, WI 53216

6 bd 2 ba 1,744 sqft Built 1922 Lot 4,356 sqft multi_family
Most recent sale
$111,000
Mar 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 4, 2026 Sold $145,000 Public Record
Feb 28, 2026 Listed $139,900 MetroMLS
Feb 27, 2026 Sold $145,000 MetroMLS
Jan 10, 2026 Listed $139,900 MetroMLS
Mar 31, 2022 Sold $111,000 Public Record
Jan 29, 2022 Listed $110,000 MLS #1778239
Feb 15, 2021 Sold $61,500 Public Record
Apr 10, 2007 Sold $76,700 Public Record
Oct 8, 2004 Sold $107,000 Public Record
Dec 29, 2003 Sold $189,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $104,000 $6,900 $110,900 $2,455
2022 $62,300 $6,900 $69,200 $1,574
2021 $44,700 $6,900 $51,600 $1,286
2020 $44,700 $6,900 $51,600 $1,321
2019 $41,100 $6,900 $48,000 $1,183
2018 $45,000 $6,900 $51,900 $1,275
2017 $45,000 $6,900 $51,900 $1,422
2016 $52,600 $4,500 $57,100 $1,563
2014 $52,600 $4,500 $57,100 $1,631
2013 $58,900 $4,500 $63,400 $1,861
2012 $73,800 $4,500 $78,300 $1,848
2011 $73,800 $4,500 $78,300 $2,266
2010 $73,800 $4,500 $78,300 $2,266
2008 $99,900 $4,500 $104,400 $3,625
2007 $79,100 $4,500 $83,600 $1,933
2006 $79,100 $4,500 $83,600 $3,252

Property facts

Year built
1922
Property type
multi_family
Stories
Beds
6
Baths
2
Living area
1,744 sqft
Lot size
4,356 sqft
ZIP code
53216
City
Milwaukee
Street
40th St
Coordinates
43.07681, -87.96290

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$666
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3172 40th St last sell?
3172 40th St most recently sold on Mar 31, 2022 for $111,000.
What is the current tax assessment for 3172 40th St?
The most recent total assessment for 3172 40th St (year 2024) is $110,900 with $2,455 in property tax.
How does 3172 40th St's assessment compare to its last sale price?
The current assessment is 0.1% below the last sale price of $111,000.
When was 3172 40th St built?
3172 40th St was built in 1922.
How does 3172 40th St compare to others on 40th St?
We track 8 other properties on 40th St. Browse the list under "Other properties on 40th St" to compare beds, baths, and sale history.
What are the property facts for 3172 40th St?
3172 40th St is a 6 bed, 2 bath, 1,744 sqft, 4,356 sqft lot multi_family.
Is 3172 40th St a flip candidate?
Yes — 3172 40th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3172 40th St a tax-appeal candidate?
No — 3172 40th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.7%
Implied 1-yr
-2.8%
2026 Q3
$157.2K
2026 Q4
$156K
ZIP 53216 — Median Price History + Forecast

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