Milwaukee Homes under $400,000

Welcome to Milwaukee, Wisconsin—an enchanting city that beautifully blends rich history with a vibrant modern culture. Nestled along the western shore of Lake Michigan, Milwaukee is renowned for its stunning waterfront, diverse neighborhoods, and a lively arts scene. With a population of over 590,000, this dynamic metropolis is a hub of innovation, craft brewing, and culinary delights, making it an ideal place to call home.

For those seeking a perfect blend of affordability and charm, Milwaukee offers a fantastic selection of homes under $400,000. Whether you’re a first-time buyer, a growing family, or looking to downsize, the real estate market here provides an array of options that cater to various tastes and lifestyles. From cozy bungalows in historic districts to modern townhomes in bustling neighborhoods, you can find a property that suits your needs without breaking the bank.

Milwaukee’s neighborhoods each have their unique character. Explore the quaint streets of Bay View, known for its local eateries and vibrant community spirit, or venture into the trendy Third Ward, where art galleries and boutiques abound. Families will appreciate the abundance of parks, top-rated schools, and family-friendly amenities that Milwaukee has to offer.

With a rich cultural heritage, a thriving economy, and homes that fit a range of budgets, Milwaukee is not just a place to live—it's a place to thrive. Discover your dream home in this remarkable city, where every corner tells a story, and every neighborhood invites you to create your own.

Newest Milwaukee Homes under $400,000

$400,000

ACTIVE Status

Beautiful 3BR/1BA townhouse offering the feel of a single-family home! Each unit features its own driveway, garage, private entrance, basement, and walk-up attic for added space and privacy. Beautiful natural woodwork, hardwood floors, and inviting living areas with artificial fireplaces and dining rooms showcasing built-in buffets in both units. Upper includes three spacious bedrooms and a full bath. Lower level offers plenty of storage space, private separated basements, high tech no tank hot water systems for water and heating. Fenced in back yard. Private front and back doors, easy living and renting. Prime location near Tosa and DT Milwaukee.Updated garage door and opener, new gutters, basement glass block windows, and one office room in one of the basements.

2420 N 60th Street Unit 2422, Milwaukee

Listing courtesy of Realty Dynamics.

$89,000

3 Beds ⋅ 1 Baths ⋅ ACTIVE Status

Investor Opportunity with Tons of Potential! Bring your vision and creativity. Whether you're an investor looking for your next project or a buyer ready to create a space of your own. This property offers a great opportunity to bring your vision to life. With the right improvements, this home could truly shine! Don't miss your chance to explore the possibilities and make this property your next project!

416 W Clarke Street, Milwaukee

Listing courtesy of Keller Williams Realty-Milwaukee Southwest.

$379,900

4 Beds ⋅ 2 Baths ⋅ ACTIVE Status

Thoughtfully updated and designed for comfortable everyday living, this 4-bedroom, 2-bath bungalow offers an inviting open-concept main level with hardwood floors throughout. The enclosed porch flows seamlessly into the living room, while the dining area features built-in shelving and new oversized windows. The kitchen stands out with quartz countertops, tile backsplash, stainless steel appliances, and a center island. Upstairs, refinished hardwood floors lead to a spacious primary bedroom, walk-in closet and an impressive full bath featuring marble tile, walk-in shower, and double sinks. Outside, enjoy a patio and expansive fenced backyard with plenty of room to relax or entertain. Conveniently located near parks, schools, shopping, and dining. Schedule your private showing today!

4365 S Quincy Avenue, Milwaukee

Listing courtesy of RE/MAX Newport.

$59,900

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status

Attention Investors!! Property has been Professionally stripped to the studs due to a fire. Come right in and Remodel this Property the way You like it. Original layout is a Traditional Bungalow with 3 bedrooms and 2 baths. Motivated Seller will look at all offers.Cash or Hard Money Offers Only!!

3818 N 25th Street, Milwaukee

Listing courtesy of Sunshine Realty Group.

$398,000

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status

How about those Brewers! Enjoy carefree living in Milwaukee's desirable Story Hill neighborhood! This well-maintained, solidly built brick ranch offers MCM charm, hardwood floors, & versatile multilevel living. An appealing condo alternative, this home provides 2 levels of ample living space + a private outdoor retreat. The lower level features a full egress bedroom en suite & family room. Enjoy relaxing & entertaining on the spacious 20' x 19' patio. Ideally located minutes from AmFam Field,downtown Milwaukee, the Menomonee River, & Wauwatosa. Story Hill offers an active,neighborhood association ($20 yr.) community events, General Mitchell Park, & convenient access to Bluemound Rd. restaurants & nightlife. As you walk to the game, join the fans & neighbors and cheer on the Brewers.

221 N Story Parkway, Milwaukee

Listing courtesy of Keller Williams-MNS Wauwatosa.

$144,900

ACTIVE Status

This versatile 2-family property is ideal for investors, owner-occupants, or multigenerational living. Foundation, plumbing, and HVAC inspections have been completed, providing added buyer confidence. Generate rental income from both units or live in one while the other helps offset your mortgage. The lower unit features a spacious living room with natural fireplace, formal dining room, pantry, updated kitchen, and updated bath with shower-over-tub and separate shower. The upper unit offers an eat-in kitchen, comfortable living room, and spacious bedrooms. The upper unit is currently occupied and may be viewed as second showing for interested buyers. Both units include a refrigerator and oven/range. A 2.5-car garage and fenced backyard complete this great investment

3531 N 20th Street, Milwaukee

Listing courtesy of Meyer & Associates Real Estate Services.

$114,900

3 Beds ⋅ 1 Baths ⋅ ACTIVE Status

Affordable and inviting, this home offers a great opportunity in a convenient location with plenty of outdoor space. The huge fenced front yard provides room to relax, play, or entertain, while a shed adds useful storage. Inside, the living room opens to a flexible dining area. The kitchen offers ample cabinetry, counter space, and modern flooring, with two main-level bedrooms and vinyl windows. Upstairs, an open bonus area provides flexibility for an office, playroom, or hobby space, along with a third bedroom. First-floor laundry adds everyday convenience. Recent improvements include crawl space repairs (2023) and new yard shed (2026). Per previous seller: the roof, windows, most doors, furnace, water heater, and service panel have also been updated. Note: no basement.

4719 W Fond Du Lac Avenue, Milwaukee

Listing courtesy of Keller Williams-MNS Wauwatosa.

$160,000

3 Beds ⋅ 1 Baths ⋅ ACTIVE Status

Located in Milwaukee's Burnham Park neighborhood, this solid 1.5-story bungalow is packed with character and incredible potential! The main level features a bright living room, formal dining room, eat-in kitchen, two bedrooms, and a full bath. Upstairs offers a generous 3rd bedroom with a walk-in closet plus a massive 25x17 expandable floored attic ready for future living space. Enjoy peace of mind with a newer furnace and central A/C! Complete with a full block basement, covered front porch, and private yard near local shops, parks, and transit. Lovingly maintained over decades and sold strictly in ''as-is'' condition. Bring your vision and build instant equity. Schedule your tour today!

1562 S 31st Street, Milwaukee

Listing courtesy of EXP Realty, LLC MKE.

$279,000

3 Beds ⋅ 1 Baths ⋅ ACTIVE Status

Welcome home! This well-maintained ranch features 3 bedrooms and 1 bathroom. Conveniently located near shopping and public transportation, it also offers a spacious garage and extra parking. Many new updates along with new Appliances. Don't miss your chance to own this great starter home!

4901 W Howard Avenue, Milwaukee

Listing courtesy of Homestead Realty, Inc.

$134,900

4 Beds ⋅ 1 Baths ⋅ ACTIVE Status

Welcome to 5809 N 70th St, a solid single-family home in Milwaukee's Silver Spring neighborhood. Based on updated public tax records, this property features 1,062 sq ft of efficient living space with 4 bedrooms and 1 bathroom. Built in 1955, the home offers a functional floor plan designed for comfortable daily living. The main level features a bright living room flowing into the kitchen, alongside flexible bedroom spaces ideal for family living, guest rooms, or a home office. Situated on a level 6,360 sq ft lot, the exterior includes space for outdoor recreation and garden setup. Ideally located just blocks from Kluge Elementary and Carmen High School, with convenient access to W Silver Spring Dr and W Hampton Ave for seamless commuting throughout Milwaukee.

5809 N 70th Street, Milwaukee

Listing courtesy of Trelora Realty, Inc..

$149,900

3 Beds ⋅ 1 Baths ⋅ ACTIVE Status

Welcome to 4247 N 16th St, Milwaukee, WI! According to tax records, this single-family home features 3 bedrooms, 1 full bathroom, and 1,483 sq. ft. of comfortable interior living space set on a 5,248 sq. ft. lot. Inside, enjoy a traditional floor plan offering light-filled living areas, cozy sleeping quarters, and a functional kitchen setup ideal for everyday convenience. The property features a manageable yard with space for relaxation and gardening. Ideally situated in an established Milwaukee neighborhood close to public transit, local schools, parks, and dining, this classic residence provides great long-term value and character.

4247 N 16th Street, Milwaukee

Listing courtesy of Trelora Realty, Inc..

$105,000

ACTIVE Status

Excellent investment opportunity awaits with this spacious 3/3 duplex. Each unit features a formal dining room with nice built-ins and a generous eat-in kitchen, offering comfortable living for residents and reliable rental appeal for owners. A full basement provides ample storage or additional potential, while the 2-car detached garage adds convenient off-street parking. Whether you're looking to expand your portfolio or house hack your way to financial freedom, this property delivers space, function, and income potential in one smart package. Room sizes have been estimated.**BUYER CANNOT REPRESENT HIM/HERSELF IN A PURCHASE AND RECEIVE ANY BROKERAGE-RELATED PAYMENT OR FINANCIAL BENEFIT, REGARDLESS OF WHETHER THE PURCHASE IS MADE AS AN INDIVIDUAL OR AS PART OR WHOLE OWNER OF AN ENTITY.**

2623 N 29th Street Unit 2625, Milwaukee

Listing courtesy of Jason Scott Realty & Management, LLC.

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Milwaukee Homes under $400,000

Newest Milwaukee Homes under $400,000

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