For Sale19d on marketHistoric · 137 yrs

205 North Water STREET #402

Milwaukee, WI, 53202 • Historic Third Ward • Milwaukee County

$499,000

$440/sqft

Down payment assistance available

1Beds

1Baths

1,133Sqft

1889Built

Property DNA

7 highlights

On the Milwaukee River

River

Water Views

Water

Character Home

Built 1889 · 137 years of history

Outdoor Living

Patio/Porch

2-Car Garage

Attached · Underground · 2 Car · Surface

Wood or Sim.Wood Floors Floors

Quality flooring throughout

$446/mo HOA

Boat Slip / Pier · Security

This home is getting attention

Listed 19 days ago · 2,122 views · 59 saves

Market activity

Demand and pricing signals for this listing

2,122 views

People checking out this listing

59 saves

Buyers have saved this home

19 days on market

Recently listed

$440/sqft

Price per square foot

About this home

Condo · Built 1889 · Historic

Riverwalk Plaza Condominiums offers luxury urban living in Milwaukee's Historic Third Ward - a must see! This spacious, stylish residence blends historic charm with custom upgrades: open-concept design, 13-foot beamed ceilings, and exposed Cream City brick. The gourmet kitchen features a stunning waterfall quartzite island, high-end appliances, custom cabinets, and an inspired home bar - built to entertain! Updated electrical, plumbing, and doors throughout. Situated on the Milwaukee Riverwalk and steps away from the Milwaukee Public Market, Lakeshore State Park, Summerfest Grounds, and a variety of boutiques, dining, and entertainment. Third Ward living at its finest--Welcome Home!

Standout features identified

Our analysis highlights stunning waterfall quartzite island, historic charm, and spacious stylish residence as key attractions of this home.

Estimated monthly payment

Based on current rates

$3,578/month

Principal & Interest$2,467

Property Tax$499

Insurance$166

HOA$446

Down payment20% ($99,800)

3%50%

Est. 6.28% rate · 30yr fixed · $399,200 loan

Full calculator →

At a glance

Key facts and listing details

TypeCondominium

Year Built1889

HeatingNatural Gas, Forced Air

CoolingCentral Air

Parking2 Attached Garage spaces

HOA$446 monthly

Days on Zillow19 Days

Price/sqft$440

Property

Home typeCondo

Sub-typeCondominium

Condition21+ Years

Year built1889

Stories3

Systems

HeatingNatural Gas, Forced Air

CoolingCentral Air

ConstructionBrick, Brick/Stone

Water / SewerPublic / Public Sewer

Parking & Outdoor

ParkingAttached, Underground, 2 Car, Surface

Garage2 spaces

BasementNone / Slab

Location & Tax

NeighborhoodHistoric Third Ward

ZoningRES

Annual tax$8,817

Parcel3970312100

Bathrooms & Fees

Full baths1

HOA$446/mo

Features & details

12 categories of property features

Interior Features

Interior

High Speed Internet

Storage Lockers

Cathedral/vaulted ceiling

Kitchen Island

Appliances

Dishwasher

Disposal

Dryer

Microwave

Other

Range

Refrigerator

Washer

Flooring

Wood or Sim.Wood Floors

Heating

Natural Gas

Forced Air

Cooling

Central Air

Laundry

In Unit

Exterior Features

Exterior

Balcony

Parking

Attached

Underground

2 Car

Surface

Construction

Brick

Brick/Stone

Patio & Porch

Patio/Porch

Views

Water

Utilities

Cable Available

Room details

4 rooms detailed

Master Bedroom

Main

19×13 ft247 sqft

Bathroom

Dual Entry Off Master BedroomMaster Bedroom Bath: Walk-In ShowerMaster Bedroom BathShower Stall

Kitchen

Main

20×11 ft220 sqft

Living Room

Main

22×20 ft440 sqft

Listing insights

Market data and value estimates

StatusFor Sale

Days on market19

Est. value$491,900

Est. rent$2,116/mo

Tax rate1.71%

Price/sqft$440

On marketMar 21, 2026

PostedMar 21, 2026

MLS statusActive

MLS updatedMar 23, 2026

Tour days9

Favorites59

How are the schools in Milwaukee?

3 schools rated nearby

Golda Meir School

Elementary • Public • 3-12

1.3 mi

Lincoln Center of the Arts

Middle • Public • 6-8

1.1 mi

Bradley Technology & Trade High School

High • Public • 9-12

0.6 mi

Location

Milwaukee, WI, 53202

Expand map

Price history

1 event

DateEventPrice$/sqftSource

Mar 21, 2026Listed For Sale$499,000$440WIREX MLS

Listed For Sale$499,000

Mar 21, 2026•$440/sqft•WIREX MLS

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Neighborhood details

Local context around this listing

Milwaukee, WI • Milwaukee County

Nearby neighborhoods

Bay ViewHarambeeHistoric Mitchell StreetLincoln VillageLower East SideMorgandaleMuskego WayOld North MilwaukeeRiverwestSilver Spring

Nearby cities

CudahyFranklinGreendaleGreenfieldMilwaukeeOak CreekSouth MilwaukeeWauwatosa

Nearby zip codes

53204532075320953211532145321553216532185321953221

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Value estimates

Live

Est. value$491,900

Est. rent$2,116/mo

30yr rate est.6.28%

Affordability$3,750/mo

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