Sold for $197,000 on 09/25/25
$197,000
1016 W Madison St, Milwaukee, WI 53204
5beds
2,757sqft
SingleFamily
Built in 1897
0.25 Acres Lot
$198,500 Zestimate®
$71/sqft
$1,666 Estimated rent
Home value
$198,500
$181,000 - $218,000
$1,666/mo
Zestimate® history
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Owner options
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What's special
Looking for old world charm? This Victorian Single Family home boasts five bedrooms, two full bathrooms, original hard wood, beautiful wood trim, floors throughout, pocket doors, spacious walk up attic with bonus room. Tons of potential for this large 5BR, 2BA Victorian! Room Scope of Work is $42,550.00. Bring flashlights & use caution when entering. Available to Owner Occupants or Investors. City has Homebuyer Assistance program which provides up to $20,000 to assist w/the rehab of City-owned foreclosed homes for owner occupants. See attached document for more details. Note: Room sizes are estimated. 1016 West Madison Street Shares water line with 1014-16A West Madison Street
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Radiant, Gas
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 2,757 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Other, Wood
Lot
- Size: 0.25 Acres
Details
- Parcel number: 4320259000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian/Federal
Condition
- Year built: 1897
Utilities & green energy
- Gas: Natural Gas
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: Milwaukee
Other
Other facts
- Heating: Radiant, Natural Gas
- HeatingYN: true
- Utilities: Natural Gas Connected
- Basement: Full
- ConstructionMaterials: Other, Wood Siding
- Gas: Natural Gas
- ArchitecturalStyle: Victorian/Federal
- CoveredSpaces: 0.00
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2025 | Sold | $197,000+915.5%$71/sqft |
Source: Public Record | ||
| 11/8/2019 | Listing removed | $19,400$7/sqft |
Source: ACTS CDC #1601509 | ||
| 8/17/2018 | Listed for sale | $19,400-51.5%$7/sqft |
Source: ACTS CDC #1601509 | ||
| 7/24/2014 | Sold | $40,000+168.5%$15/sqft |
Source: Public Record | ||
| 4/10/2012 | Sold | $14,900$5/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $1,450 -9.5% | $60,900 +5.7% |
| 2021 | $1,603 | $57,600 |
| 2020 | $1,603 | $57,600 |
Find assessor info on the county website
Neighborhood: Walker's Point
Nearby schools
GreatSchools rating
- 6/10Kagel ElementaryGrades: PK-7Distance: 0.3 mi
- 3/10South Division High SchoolGrades: 9-12Distance: 0.5 mi
- 5/10Bradley Technology & Trade High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: Milwaukee
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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$198,500
2% more+ $3,970
With Zillow Showcase(estimated)
$202,470