2940 E  Rhode Island Ave, Milwaukee, WI 53207
Property image
Property image
OFF MARKET

$743,600

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,908 sqft

2940 E Rhode Island Ave, Milwaukee, WI 53207

Fernwood
Currently Off Market - Sold Jun 30, 2023 for $631,000

Home Value

Trulia Estimate
$744K
Since last month
Increased$11K (+1.5%)
Since last year
Increased$25K (+3.4%)
Since last sale
Increased$115K (+18.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +129% in the last 10 years
MonthEstimated value
2026
August 2026$746K
August 2026$745K
July 2026$735K
June 2026$769K
May 2026$766K
April 2026$763K
March 2026$756K
February 2026$730K
January 2026$722K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.05
Single-Family Home
$763,040
06/01/26
3
2
2,246
0.06
Single-Family Home
$762,500
08/17/26
2
2
1,463
0.10
Single-Family Home
$405,000
04/24/26
2
1
1,060
0.38
Single-Family Home
$450,000
08/06/26
3
1
1,453
0.26
Single-Family Home
$300,000
11/26/25
3
1
1,301
0.21
Single-Family Home
$466,000
09/19/25
3
2
1,575
0.31
Single-Family Home
$530,000
09/03/26
3
2.5
1,630
0.44
Single-Family Home
$345,000
08/10/26
3
1
1,549
0.21
Single-Family Home
$550,000
05/22/26
4
2.5
1,628
0.17
Single-Family Home
$365,000
12/22/25
4
1.5
1,489

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$515,800
4
2
2,089
Off Market
0.04
$480,100
3
1.5
1,400
Off Market
0.05
$763,040
3
2
2,246
Recently Sold
0.03
$664,100
4
1.5
2,188
Off Market
0.06
$762,500
2
2
1,463
Recently Sold
0.10
$405,000
2
1
1,060
Recently Sold
0.08
$622,600
4
1
1,786
Off Market
0.12
$323,300
4
2
2,460
Off Market
0.13
$517,000
5
1.5
1,793
Off Market
0.15
$439,700
4
2
-
Off Market
0.15
$525,290
4
2
1,040
Recently Sold
0.16
$332,100
2
2
1,447
Off Market

Local Information

  • Map ViewExplore the area around 2940 E Rhode Island Ave.
  • Schools13 Preschool Schools15 Elementary Schools13 Middle Schools8 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1945
1,908 sqft
$390/sqft
Garage

About this House

This single-family home is located at 2940 E Rhode Island Ave, Milwaukee, WI. 2940 E Rhode Island Ave is in the Fernwood neighborhood in Milwaukee, WI and in ZIP code 53207. This property has 3 bedrooms, 1 bathroom and approximately 1,908 sqft of floor space. This property has a lot size of 6098 sqft and was built in 1945.
2940 E Rhode Island Ave, Milwaukee, WI 53207 is a 3 bedroom, 1 bathroom, 1,908 sqft single-family home in Fernwood, built in 1945. It last sold for $631,000 on Jun 30, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $743,600, with a rent estimate of $2,171/month.

Home Details for 2940 E Rhode Island Ave

Interior Features

Interior Details
BasementAtticNumber of Rooms: 6
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 0.20000000298023224
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1945
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Exterior: Brick
Parking & Garage
GarageParking: Garage Detached

Community

Units in Building: 1

Lot Information

Lot Area: 5880 sqft

Price and Tax history

DateEventPrice
Jun 30, 2023
Source: WIREX MLS #1834289
Sold
$631,000
May 22, 2023
Source: WIREX MLS #1834289
Contingent
$599,000
May 19, 2023
Source: WIREX MLS #1834289
Listed For Sale
$599,000
Sep 18, 2020
Source: N/A
Sold
$465,000

Market trends in Milwaukee

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$229K
$2.08K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$175
$3
MoM
Available listings
1485
9
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Fernwood

At least 1 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say there are community events

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say kids play outside

  • 100 % Say neighbors are friendly

  • 100 % Say there's wildlife

  • 100 % Say it's walkable to restaurants

  • 100 % Say parking is easy

  • 100 % Say car is needed

  • 100 % Say people would walk alone at night

  • 100 % Say there are sidewalks

  • 100 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Jamie B.
    "My commute to anywhere in the city is not bad. Can catch 794 or drive a little bit to get the freeway. Usually take city streets to downtown or anywhere on the south side. "
  • Brooke E.
    "Fernwood has a top rated Montessori School. There are so many kids in the neighborhood. It's easy for kiddos to meet friends, and easy to meet and bond with other parents. The neighborhood is active and people are usually out and about. "
  • Carinagia
    "Itโ€™s quiet close to the lake and other natural settings and So there are plenty of places to take the dog and there are two dog parks quite near which are really nice."
  • Gowds37361
    "People are always out walking in this neighborhood. It has been rated the safest neighborhood in Milwaukee. It's in a quiet corner of the city and there is no through traffic. The lake is very close. There are nice parks and beer gardens in the area. Fernwood Montessori (a free public school) is a neighborhood gem. Note: Milwaukee Public Schools only accept children into the Montessori program as a K3 or K4 (don't count on a space in a K4 classroom). Bay View (including Fernwood) has a strong tradition of community involvement and there's a sense of community here that I never felt growing up in the suburbs."
  • Brooke E.
    "So many kind families. Everyone enjoys being outside and active. Bay View is walkable and has amazing restaurants and activities. Fernwood specifically is quiet gem inside the city. "
  • Sdmcdonell
    "Very close to the lake with walking/biking trails. Fresh local and organic foods within 1/2 mile. Great community!"

LGBTQ Local Legal Protections

Frequently asked questions about 2940 E Rhode Island Ave

  • What is 2940 E Rhode Island Ave estimated to be worth?
    Trulia's estimated value for 2940 E Rhode Island Ave in Milwaukee, WI is $743,600.
  • What is the price history for 2940 E Rhode Island Ave?
    2940 E Rhode Island Ave in Milwaukee, WI last sold for $631,000 in June 2023.
  • Is Milwaukee a buyer's or seller's market?
    Milwaukee is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Milwaukee?
    The median sale price in Milwaukee is $229K. That is up $2.08K from the prior month.
  • Does 2940 E Rhode Island Ave have air conditioning?
    Yes, 2940 E Rhode Island Ave in Milwaukee, WI has air conditioning.
  • How big is the lot at 2940 E Rhode Island Ave?
    The lot at 2940 E Rhode Island Ave in Milwaukee, WI is about 0.14 acres (6,098 sq ft).

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