1610 N Prospect Avenue Ave N #802 · Milwaukee, WI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $636 – $1,182
Heat risk 2/10 · Minimal
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 13 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +15.0/15.0
- 1% rule +4.4/10.0
- Livability +4.0/5.0
- Rent growth +2.9/5.0
- Condition / age +2.8/5.0
- Schools +1.2/10.0
- Cash flow +0.0/30.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$229,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Searching for a place to call home on Milwaukee's Lower East Side? Don't miss this sprawling -- and affordable -- 2 bed, 2 bath residence in the iconic Newport Co-op!Offering more than 2,000 square feet of living space and a balcony with tranquil lake views, this unique home features an oversized kitchen with extensive storage, including a walk-in pantry. The spacious primary suite includes a walk-in closet and en suite bath with double sinks. A generously sized second bedroom also offers abundant storage. This full-service mid-century modern gem pampers residents with valet parking, professional security, and on-site management.
Key facts
- Walk-in closet
- Oversized kitchen
- Walk-in pantry
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $229k. Condition is rated average.
Deal economics
- At list price, monthly cash flow is $-2k ($-25k/yr) — negative.
- Rent doesn't cover operating costs at any purchase price — skip.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $216k (5.7% below list).
- Recommended offer: $215k (6.0% below list) — sets the bar for market timing.
- Cap rate -4.6% vs local median 4.9% in Milwaukee — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
Location & tenants
- Location reads 81/100 on livability (#55 in WI, #1,534 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D+, schools F, crime F.
- Milwaukee School District (urban): math 10% / reading 18% proficiency, ranked #337 of 342 in WI (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising (+1.6%/yr); 206 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 47d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,017 units permitted in Milwaukee County in 2024 (803 in 5+ unit buildings).
- This rent runs 36% of the median local income ($71k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
- Milwaukee County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 86 days — a 6% lower offer ($215k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: HOA is 102% of rent.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 86 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 0.94% ✗
- Cap rate
- -4.57%
- Cash-on-cash
- -38.80%
- DSCR
- -0.73
- GRM
- 8.8
CMA / ARV
- ARV (median comp)
- $330,093
- List price
- $229,000
- Delta
- -30.63%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1313 N Franklin Pl #404 | 0.36mi | 2/2.0 | 2,094 (+5%) | 1mo | $700,000 | $334 | 75 |
| 1522 N Prospect Ave #901 | 0.11mi | 2/2.0 | 1,571 (-21%) | 1mo | $610,000 | $388 | 69 |
| 2175 N Riverboat Rd | 0.55mi | 2/2.5 | 1,825 (-9%) | 0mo | $615,000 | $337 | 57 |
| 1919 N Summit Ave Unit 11C | 0.33mi | 2/2.5 | 2,343 (+17%) | 1mo | $520,000 | $222 | 57 |
| 1527 N Cass St Unit A | 0.54mi | 2/2.5 | 1,764 (-12%) | 0mo | $462,500 | $262 | 53 |
| 400 N Broadway #1001 | 1.31mi | 3/2.0 (+1) | 2,160 (+8%) | 1mo | $1,050,000 | $486 | 46 |
| 270 E Highland Ave #916 | 0.94mi | 2/2.0 | 1,770 (-12%) | 0mo | $275,000 | $155 | 46 |
| 2150 N Palmer St #2 | 1.04mi | 2/1.5 | 1,797 (-10%) | 0mo | $275,000 | $153 | 46 |
| 1111 N Marshall St #501 | 0.62mi | 2/2.0 | 1,637 (-18%) | 0mo | $622,500 | $380 | 46 |
| 220 E Reservoir Ave | 0.92mi | 2/2.5 | 2,293 (+15%) | 0mo | $419,000 | $183 | 38 |
| 2539 N Humboldt Blvd | 1.01mi | 3/1.0 (+1) | 1,582 (-21%) | 0mo | $315,000 | $199 | 31 |
| 1847 N Vel R Phillips Ave Unit B | 1.25mi | 3/3.5 (+1) | 2,476 (+24%) | 0mo | $390,000 | $158 | 29 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 1.56% rent growth · sell at horizon
- IRR
- —
- Equity multiple
- -1.66×
- Total profit
- $-170,864
- Equity at exit
- $34,145
- IRR
- —
- Equity multiple
- -4.08×
- Total profit
- $-325,504
- Equity at exit
- $19,800
Cash invested: $64,120 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 73 Landlord-Friendly
- State Wisconsin
- 73 Landlord-Friendly · R+2
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 1 active · 9 under contract
- Median asking
- $1,075,000 ($605/sqft)
- Median days on market
- 59 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -72.7% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 53202
- Rents YoY
- 1.6%
- Active inventory
- 206
- Price-to-rent
- 8.8×
Monthly cashflow live
- Estimated rent
- $2,158 high interval (Pro) →
- Mortgage (P&I)
- −$1,201
- Tax est. 1.5%
- −$286 /mo · $3,435/yr
- Insurance
- −$95
- HOA
- −$2,196
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$453
- Net cashflow
- $-2,073
Break-even live
Sensitivity live
| Price | -10% $-1,915 | -5% $-1,994 | +0% $-2,073 | +5% $-2,153 | +10% $-2,232 |
|---|---|---|---|---|---|
| Rent | -10% $-2,244 | -5% $-2,159 | +0% $-2,073 | +5% $-1,988 | +10% $-1,903 |
| Rate | -1.0pp $-1,958 | -0.5pp $-2,015 | base $-2,073 | +0.5pp $-2,133 | +1.0pp $-2,193 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $57,250
- Closing costs
- $6,870
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1116 E Hamilton St Milwaukee, WI | 3.0 | 2.0 | 1400 | $1,750 | $1.25 | 66d | 1 | 0.37mi |
| 1809 N Humboldt Ave Milwaukee, WI | 1.0 | 2.0 | 1739 | $1,895 | $1.09 | 93d | 1 | 0.41mi |
| 1025 E Land Pl Milwaukee, WI | 3.0 | 1.0 | 1560 | $1,750 | $1.12 | 73d | 1 | 0.43mi |
| 1014 E Land Pl Milwaukee, WI | 3.0 | 2.0 | 1900 | $1,900 | $1.00 | 39d | 1 | 0.46mi |
| 2036 N Prospect Ave Milwaukee, WI | 1.0–3.0 | 1.0–2.5 | 1231 | $3,046 | $2.47 | 11d | 12 | 0.46mi |
| 922 E Hamilton St Unit Lower Milwaukee, WI | 3.0 | 1.0 | 1900 | $1,550 | $0.82 | 73d | 1 | 0.48mi |
| 1925 N Water St #202 Milwaukee, WI | 2.0 | 2.0 | 1576 | $2,300 | $1.46 | 93d | 1 | 0.50mi |
| 2054 N Cambridge Ave Milwaukee, WI | 3.0 | 2.0 | 2080 | $2,750 | $1.32 | 36d | 1 | 0.51mi |
| 2146 N Commerce St Unit 2146 Milwaukee, WI | 2.0 | 1.5 | 1555 | $2,800 | $1.80 | 16d | 1 | 0.54mi |
| 2130 N Commerce St Milwaukee, WI | 2.0 | 2.5 | 1550 | $2,495 | $1.61 | 93d | 1 | 0.55mi |
| 1404 N Van Buren St Milwaukee, WI | 2.0–3.0 | 1.0–2.5 | 1437 | $1,961 | $1.36 | 11d | 9 | 0.60mi |
| 1040 N Cass St Milwaukee, WI | 2.0–3.0 | 2.0 | 2199 | $2,459 | $1.12 | 16d | 1 | 0.65mi |
| 601 E Ogden Ave Milwaukee, WI | 2.0 | 2.0 | 1525 | $2,445 | $1.60 | 47d | 1 | 0.66mi |
| 1237 N Van Buren St Milwaukee, WI | 1.0–2.0 | 1.0–2.5 | 1047 | $3,720 | $3.55 | 11d | 25 | 0.68mi |
| 2245 N Lake Dr Unit 2247 Milwaukee, WI | 3.0 | 1.0 | 2197 | $2,495 | $1.14 | 93d | 1 | 0.74mi |
| 1551 N Water St Milwaukee, WI | 3.0 | 1.0–2.0 | 1109 | $2,680 | $2.42 | 11d | 39 | 0.77mi |
| 2012 N Buffum St Milwaukee, WI | 3.0 | 2.5 | 2200 | $2,695 | $1.23 | 93d | 1 | 0.84mi |
| 777 N Van Buren St Milwaukee, WI | 3.0 | 1.0–3.0 | 1108 | $5,313 | $4.79 | 11d | 14 | 0.93mi |
| 2519 N Murray Ave Unit C Milwaukee, WI | 3.0 | 1.0 | 1600 | $1,900 | $1.19 | 21d | 1 | 0.96mi |
| 828 N Milwaukee St Unit 6 Milwaukee, WI | 3.0 | 1.0 | 1500 | $1,725 | $1.15 | 93d | 1 | 0.97mi |
| 2112 N Palmer St Milwaukee, WI | 2.0–4.0 | 1.0–2.5 | 1650 | $1,985 | $1.20 | 36d | 3 | 1.01mi |
| 909 E Michigan St Milwaukee, WI | 1.0–3.0 | 1.0–2.5 | 1173 | $5,602 | $4.77 | 11d | 37 | 1.01mi |
| 2505 N Prospect Ave Milwaukee, WI | 3.0–4.0 | 1.0 | 1658 | $1,905 | $1.15 | 16d | 6 | 1.05mi |
| 400 E Meinecke Ave #402 Milwaukee, WI | 3.0 | 1.0 | 1700 | $1,800 | $1.06 | 65d | 1 | 1.07mi |
| 2511 N Prospect Ave Unit 2511 06 Milwaukee, WI | 3.0 | 1.0 | 1658 | $2,030 | $1.22 | 11d | 1 | 1.07mi |
| 2511 N Prospect Ave Unit 2511 05 Milwaukee, WI | 3.0 | 1.0 | 1658 | $2,030 | $1.22 | 36d | 1 | 1.07mi |
| 2511 N Prospect Ave Unit 2511 19 Milwaukee, WI | 3.0 | 1.0 | 1658 | $1,980 | $1.19 | 66d | 1 | 1.07mi |
| 2534 N Prospect Ave Milwaukee, WI | 3.0 | 1.0 | 1500 | $2,095 | $1.40 | 93d | 1 | 1.11mi |
| 2544 N Prospect Ave Milwaukee, WI | 3.0–4.0 | 1.0 | 1583 | $1,905 | $1.20 | 36d | 3 | 1.12mi |
| 2550 N Lake Dr Unit B Milwaukee, WI | 3.0 | 2.0 | 1500 | $1,995 | $1.33 | 17d | 1 | 1.20mi |
| 1141 N Doctor Martin Luther King Junior Dr Milwaukee, WI | 1.0–3.0 | 1.0–2.5 | 1861 | $4,038 | $2.17 | 17d | 13 | 1.21mi |
| 2706 N Frederick Ave Milwaukee, WI | 3.0 | 2.0 | 1500 | $2,000 | $1.33 | 66d | 1 | 1.22mi |
| 2803 E Belleview Pl Unit 1 Milwaukee, WI | 3.0 | 1.0 | 1500 | $2,040 | $1.36 | 53d | 1 | 1.25mi |
| 2772 N Bremen St #2774 Milwaukee, WI | 3.0 | 1.0 | 1500 | $1,795 | $1.20 | 93d | 1 | 1.31mi |
| 336 N Milwaukee St Milwaukee, WI | 2.0 | 1.0 | 2086 | $4,295 | $2.06 | 21d | 1 | 1.31mi |
| 321 N Jefferson St Unit 321 Jefferson-615 Milwaukee, WI | 3.0 | 2.0 | 1752 | $3,995 | $2.28 | 47d | 1 | 1.31mi |
| 321 N Jefferson St Unit 321 Jefferson-606 Milwaukee, WI | 2.0 | 2.0 | 1503 | $3,750 | $2.50 | 93d | 1 | 1.31mi |
| 2745 N Downer Ave #2747 Milwaukee, WI | 3.0 | 2.0 | 1800 | $2,400 | $1.33 | 59d | 1 | 1.38mi |
| 2830 N Maryland Ave Unit 2828 Milwaukee, WI | 3.0 | 1.0 | 1675 | $1,995 | $1.19 | 66d | 1 | 1.41mi |
| 326 N Water St Unit 3 Milwaukee, WI | 1.0 | 1.0 | 3000 | $2,800 | $0.93 | 93d | 1 | 1.42mi |
Property features AI
Finance
- HOA & community
- Monthly condo fee: $2,196Building amenities include elevator, laundry facilities, and security
Exterior
- Parking
- Assigned parking spaceAttached, heated, underground 1-car garage
- Security
- Building security
- Utilities
- Municipal waterMunicipal sewer
- Home design
- Condo in a highrise (6+ stories)One-story unitLocated on the main level
- Construction
- Condominium (The Newport)Building contains 81 units
- Exterior features
- BalconyBrick and brick/stone exteriorWater view
Interior
- Kitchen
- CooktopOvenRangeMicrowaveDishwasherGarbage disposalRefrigeratorPantry
- Bedrooms
- Main-level primary bedroom, approximately 19 x 14Main-level second bedroom, approximately 20 x 13
- Bathrooms
- Two full bathroomsCeramic tileTub/shower combo in primary bathroomPrimary bedroom with attached bath
- Heating & cooling
- Central airRadiant/hot water heatNatural gas fuel
- Interior features
- Cable/satellite availableHigh-speed internetPantryStorage lockersWalk-in closets
- Laundry & utility
- Building laundry facilities
HOA detail $2,196/mo · $26,352/yr condo
- Likely covers
- security
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-08-08days on market $229,000 Active 86 DOM
-
2026-08-07days on market $229,000 Active 85 DOM
-
2026-08-06days on market $229,000 Active 84 DOM
-
2026-08-05days on market $229,000 Active 83 DOM
-
2026-08-04days on market $229,000 Active 82 DOM
-
2026-08-03days on market $229,000 Active 81 DOM
-
2026-07-31days on market $229,000 Active 78 DOM
-
2026-07-30days on market $229,000 Active 77 DOM
-
2026-07-30days on market $229,000 Active 76 DOM
-
2026-07-28days on market $229,000 Active 75 DOM
-
2026-07-26days on market $229,000 Active 73 DOM
-
2026-07-24days on market $229,000 Active 71 DOM
-
2026-07-23days on market $229,000 Active 70 DOM
-
2026-07-22days on market $229,000 Active 69 DOM
-
2026-07-21days on market $229,000 Active 68 DOM
-
2026-07-20days on market $229,000 Active 67 DOM
-
2026-07-18days on market $229,000 Active 65 DOM
-
2026-07-18days on market $229,000 Active 64 DOM
-
2026-07-16days on market $229,000 Active 63 DOM
-
2026-07-15days on market $229,000 Active 62 DOM
-
2026-07-14days on market $229,000 Active 61 DOM
-
2026-07-13days on market $229,000 Active 60 DOM
-
2026-07-13days on market $229,000 Active 59 DOM
-
2026-07-11days on market $229,000 Active 58 DOM
-
2026-07-10days on market $229,000 Active 57 DOM
-
2026-07-09days on market $229,000 Active 56 DOM
-
2026-07-07days on market $229,000 Active 54 DOM
-
2026-07-06days on market $229,000 Active 53 DOM
-
2026-07-05days on market $229,000 Active 52 DOM
-
2026-07-03days on market $229,000 Active 50 DOM
-
2026-07-02days on market $229,000 Active 49 DOM
-
2026-07-01days on market $229,000 Active 48 DOM
-
2026-06-30days on market $229,000 Active 47 DOM
-
2026-06-29days on market $229,000 Active 46 DOM
-
2026-06-28days on market $229,000 Active 45 DOM
-
2026-06-27days on market $229,000 Active 44 DOM
-
2026-06-27days on market $229,000 Active 43 DOM
-
2026-06-25days on market $229,000 Active 41 DOM
-
2026-06-22days on market $229,000 Active 39 DOM
-
2026-06-21days on market $229,000 Active 38 DOM
-
2026-06-18days on market $229,000 Active 35 DOM
-
2026-06-17days on market $229,000 Active 34 DOM
-
2026-06-16days on market $229,000 Active 33 DOM
-
2026-06-15days on market $229,000 Active 32 DOM
-
2026-06-13days on market $229,000 Active 30 DOM
-
2026-06-13days on market $229,000 Active 29 DOM
-
2026-06-09days on market $229,000 Active 26 DOM
-
2026-06-08days on market $229,000 Active 25 DOM
-
2026-06-07days on market $229,000 Active 24 DOM
-
2026-06-05days on market $229,000 Active 21 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 2/10 Low 7 d/yr ≥97°F today · 13 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $25,901
- − Mortgage interest
- −$12,828
- − Property taxes
- −$3,435
- − Insurance
- −$1,145
- − Repairs & maintenance
- −$2,072
- − Management
- −$2,072
- − HOA
- −$26,352
- − Depreciation
- −$6,662
- Taxable loss
- −$28,664
- Est. tax savings @ 24.0%
- +$6,879
- After-tax cash flow
- $-18,001/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 30 photos
This mid-century modern home offers a spacious living area with a balcony and a view of the marina. While it is in average condition, it has the potential to be a great investment with some updates.
Repairs flagged
- Minor Paint — The walls have some discoloration.
- Minor Curtains — The curtains are slightly worn and need replacement.
- Minor Carpet — The carpet in the living areas shows some wear and tear.
- Minor Dining table — The dining table has some scratches and marks.
- Minor Kitchen appliances — The dishwasher and other appliances need cleaning and maintenance.
Value-add opportunities
- Both Paint the walls and replace the curtains — This will improve the overall appearance and make the home more appealing to potential buyers and renters. ↑
- Both Replace the carpet with hardwood flooring — This will increase the home's value and make it more appealing to potential buyers and renters. ↑
- Both Replace the dining table with a new one — This will improve the home's appearance and make it more appealing to potential buyers and renters. ↑
- Both Replace the kitchen appliances with new ones — This will improve the home's appearance and make it more appealing to potential buyers and renters. ↑
- Both Landscaping and curb appeal improvements — This will improve the home's appearance and make it more appealing to potential buyers and renters. ↑
ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Schools (NCES district)
- District
- Milwaukee School District
- NCES district ID
- 5509600
- Math proficiency
- 10% ▼ -5.00%
- Reading proficiency
- 18% ▬ 0.00%
- Median HH income
- $36,339
- Composite
- 11.61/100
- National rank
- #9696
- State rank
- #337 of 342 in WI
Livability — Milwaukee
- Score
- 81/100
- State rank
- #55
- US rank
- #1534
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Milwaukee, WI
- County
- Milwaukee County · 995,758 people
- City population
- 573,768
- Metro
- Milwaukee-Waukesha, WI
- Population (ZIP)
- 25,861
- Household income
- $71,034
- Rent vs Own
- Severe rent burden
- 8% of renters
Population outlook (Milwaukee County) Hauer SSP2
- Today (2025)
- 995,758 people
- By 2030
- 1,009,124 · +1.3%
- By 2040
- 1,028,128 · +3.3%
- By 2050
- 1,040,066 · +4.4%
- By 2075
- 1,057,849 · +6.2%
- By 2100
- 1,039,774 · +4.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (75%)
- Race & ethnicity
- White 75% Black 8% Two or more races 6% Hispanic / Latino 6% Asian 5%
- Hispanic origin (detail)
- Mexican 3%
- Common ancestry
- Romanian 9% Portuguese 4% Lithuanian 2%
- Foreign-born
- 10% · Canada, South Korea
- Languages at home
- 89% English-only · Spanish 4% Other Indo-European 2% Other Asian/Pacific 1%
Political lean MEDSL · Milwaukee
- 2024 margin
- Solid D (+38.5) · D 68.3% · R 29.8% · Other 1.8%
- 2008→2024 swing
- +2.7pp toward D · 2008: 35.9pp · 2024: 38.5pp
- All cycles
- 2024: D+38.5 2020: D+39.9 2016: D+37.5 2012: D+34.6 2008: D+35.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -133.46%
- Current HPI
- 226.4316
- Rent YoY
- ▲ 1.56%
- Metro
- Milwaukee-Waukesha, WI
- State GDP YoY
- ▲ 2.10%
- F500 in state
- 20
Industry mix (Fortune 500 HQ in WI)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Industrial Machinery | 4 | $23B |
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| Industrial Technology | 2 | $36B |
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| Insurance | 1 | $36B |
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| Professional Services | 1 | $19B |
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| Utilities | 1 | $9B |
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| Consumer Goods | 1 | $3B |
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Price history
1 event — show timeline
- 2026-05-14 Listed $229,000 METROMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…