Milwaukee Homes under $200,000

Milwaukee Homes under $200,000

Welcome to Milwaukee, Wisconsin – a vibrant city that beautifully blends rich history, diverse culture, and stunning waterfront views. Nestled along the shores of Lake Michigan, Milwaukee is renowned for its thriving arts scene, delectable culinary offerings, and friendly Midwestern charm. From the lively festivals celebrating everything from music to beer, to the serene parks and waterfront paths perfect for leisurely strolls, Milwaukee offers something for everyone.

For those looking to plant roots in this dynamic city without breaking the bank, the real estate market in Milwaukee has a treasure trove of homes priced under $200,000. This affordability opens the door to a variety of charming properties, whether you’re a first-time homebuyer, a savvy investor, or someone seeking a cozy retreat. Picture yourself in a quaint bungalow with character, or a modern townhouse that offers convenience and comfort.

The neighborhoods within Milwaukee are as diverse as its residents, each offering unique amenities and a sense of community. From the historic charm of the Walker’s Point area to the family-friendly vibe of the Bay View neighborhood, you’ll find a perfect spot to call home. With a robust public transportation system and easy access to downtown, commuting is a breeze, allowing you to enjoy all that this bustling city has to offer.

Discover the beauty and opportunity of Milwaukee – where your dream home awaits at an affordable price. Start your journey today and explore the homes under $200,000 that capture the essence of this remarkable city!

Newest Milwaukee Homes under $200,000

4403 W Capitol Dr N Unit 3975, Milwaukee
$189,000
Opportunity knocks with this 3-bedroom, 1-bath duplex featuring a 2-car garage and full basement with storage. Whether you're an investor looking for your next project or an owner-occupant ready to create a home with your own vision, this property offers a great foundation and plenty of possibilities.

4403 W Capitol Dr N Unit 3975, Milwaukee

Listing courtesy of A Jones Realty.

5249 N 33rd St, Milwaukee
$135,000
3 Beds ⋅ 1 Baths
Welcome Home! This 3-bedroom, 1.5-bath ranch offers comfortable living with plenty of space to enjoy. The inviting living room features a natural fireplace, while the large kitchen offers stainless steel appliances and plenty of room for cooking and entertaining. The lower-level rec room provides additional living space for a family room, game area, or home office. Outside, enjoy the fenced yard and gazebo and putting green-perfect for relaxing, entertaining, or enjoying summer evenings. A great combination of space, comfort, and outdoor living! Being sold ''as is''

5249 N 33rd St, Milwaukee

Listing courtesy of Vylla Home.

5754 N 41st St, Milwaukee
$179,900
3 Beds ⋅ 1 Baths
Welcome to this beautifully rehabbed single-family home that is move-in ready! This thoughtfully updated property combines modern finishes with comfortable living space and is ready for its next owner. Step inside to find fresh, modern updates throughout, creating a clean and inviting feel from the moment you walk in. The renovated kitchen offers an updated look and functional space for everyday living and entertaining. Whether you're a first-time buyer, looking to downsize this home is ready to go. Must be sold to an owner occupant. Schedule your showing today!

5754 N 41st St, Milwaukee

Listing courtesy of Vylla Home.

4520 N 41st St, Milwaukee
$200,000
4 Beds ⋅ 1 Baths
DON'T MISS THIS TURNKEY MILWAUKEE HOME! Completely rehabbed and ready for a new owner, this updated single-family delivers the improvements today's buyers are looking for--NEW ROOF, NEW FURNACE, NEW WATER HEATER, NEW FLOORING, FRESH PAINT, REMODELED KITCHEN & REMODELED BATHROOM! The heavy lifting has already been done, giving you a clean, modern home with major mechanical and cosmetic updates completed. Whether you're looking for your next home or a solid investment opportunity, this property is ready to go. Turn the key and move right in! Schedule your showing before this one is gone.

4520 N 41st St, Milwaukee

Listing courtesy of Vylla Home.

4607 N 49th St Unit 4609, Milwaukee
$135,000
Build equity with this Milwaukee duplex! Both units offer 3 bedrooms and 1 bathroom, providing a solid layout for your next rental investment. Priced with needed upgrades in mind, this property offers an opportunity to renovate, improve rental income potential, and build long-term value. Features include a detached garage and off-street parking. For investors considering a renovate, rent, and refinance strategy, explore the potential for a DSCR refinance once improvements are complete and rents are established, subject to lender requirements. Bring your contractor and your vision!

4607 N 49th St Unit 4609, Milwaukee

Listing courtesy of The Real Estate Edge, LLC.

1335 E Randolph Ct Unit B, Milwaukee
$130,000
2 Beds ⋅ 1 Baths
Exceptional 2 bedroom riverwest condo tucked way at the end of a no-thru street abutting Kern Park and the Milwaukee river! This condo features a beautiful remodeled kitchen with a breakfast bar, tiled backsplash and stainless steel appliances. The kitchen is open to the living room. Gleaming HWFs in the living room and bedrooms. Primary bedroom has a double closet. Updated bathroom with jetted tub and tiled surround. Storage locker and your own washer/dryer hookups in the lower level.

1335 E Randolph Ct Unit B, Milwaukee

Listing courtesy of First Weber Inc- Greenfield.

1410 W Washington St Unit 1410 B, Milwaukee
$95,200
This is a City of Milwaukee tax foreclosed property. For the first 30-days of the listing period, no offers below the listing price will be considered per Wisconsin Foreclosure Law. Owner Occupants ONLY. BIDS DUE November 9th, 2026 AT 10:00am

1410 W Washington St Unit 1410 B, Milwaukee

Listing courtesy of City of Milwaukee-DCD.

no property photo
$69,900
2 Beds ⋅ 1 Baths
This is a City of Milwaukee tax foreclosed property. For the first 30-days of the listing period, no offers below the listing price will be considered per Wisconsin Foreclosure Law. Owner Occupants ONLY. BIDS DUE November 9th, 2026 AT 10:00am

8641 N Servite Dr Unit 208, Milwaukee

Listing courtesy of City of Milwaukee-DCD.

1318 W Ring St, Milwaukee
$51,700
4 Beds ⋅ 1 Baths
This is a City of Milwaukee tax foreclosed property. For the first 30-days of the listing period, no offers below the listing price will be considered per Wisconsin Foreclosure Law. Owner Occupants ONLY. BIDS DUE November 9th, 2026 AT 10:00am

1318 W Ring St, Milwaukee

Listing courtesy of City of Milwaukee-DCD.

4729 W Medford Ave, Milwaukee
$114,500
2 Beds ⋅ 1 Baths
This is a City of Milwaukee tax foreclosed property. For the first 30-days of the listing period, no offers below the listing price will be considered per Wisconsin Foreclosure Law. Owner Occupants ONLY. BIDS DUE November 9th, 2026 AT 10:00am

4729 W Medford Ave, Milwaukee

Listing courtesy of City of Milwaukee-DCD.

3246 N Holton St Unit 3246 A, Milwaukee
$93,700
This is a City of Milwaukee tax foreclosed property. For the first 30-days of the listing period, no offers below the listing price will be considered per Wisconsin Foreclosure Law. Owner Occupants ONLY. BIDS DUE November 9th, 2026 AT 10:00am

3246 N Holton St Unit 3246 A, Milwaukee

Listing courtesy of City of Milwaukee-DCD.

3825 W Hampton Ave Unit 3825 A, Milwaukee
$127,600
This is a City of Milwaukee tax foreclosed property. For the first 30-days of the listing period, no offers below the listing price will be considered per Wisconsin Foreclosure Law. Owner Occupants ONLY. BIDS DUE November 9th, 2026 AT 10:00am

3825 W Hampton Ave Unit 3825 A, Milwaukee

Listing courtesy of City of Milwaukee-DCD.

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Source of listing data: Metro MLS. Copyright 2026 Multiple Listing Service, Inc. - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.