106 W Seeboth St #820 · Milwaukee, WI
Flood risk 9/10 · Severe
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.99%
- 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
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D- 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
- Appreciation +10.0/10.0
- Schools +5.0/10.0
- Livability +4.0/5.0
- Rent growth +3.0/5.0
- Condition / age +2.5/5.0
- Cash flow +0.0/30.0
- 1% rule +0.0/10.0
- DSCR +0.0/10.0
$549,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Step into this light-filled open concept condo where the floor-to-ceiling windows frame a killer view of the river and downtown. As you enter, the gallery wall provides a perfect setting for displaying fine art and photos. The spacious main living area features easy to maintain LVP flooring, which complements the stone and glass tile in the well appointed kitchen. You'll love the stainless appliances, the quartz countertops and the crisp white cabinetry, as well as the seamless flow to the living and dining areas. A huge en-suite primary BR, a spacious borrowed light guest room/office, and tons of well designed closets will provide comfort and convenience. The newly updated second bath features a large shower and ceramic tile. Enjoy a dramatic sunrise from your private patio this summer!
Key facts
- $925 HOA
- 2 garage spots
- Built 2006
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $550k.
Deal economics
- At list price, monthly cash flow is $-4k ($-49k/yr) — negative.
- To cash-flow at today's rent, offer at most $37k (93.2% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $158k (71.2% below list).
- Recommended offer: $37k (93.2% below list) — sets the bar for cash-flow.
- Cap rate -2.5% vs local median 5.1% 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.
- Market conditions: Rents rising (+2.0%/yr); 56 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); 1,017 units permitted in Milwaukee County in 2024 (803 in 5+ unit buildings).
- This rent runs 41% of the median local income ($46k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $59k of equity ($4k loan paydown + $55k appreciation (10.0% local appreciation)).
- Milwaukee County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- By year 2, paydown + projected appreciation supports a ~$95k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 98 days — a 9% lower offer ($500k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 13y ago; this cycle's ask has dropped $40k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $472k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: property tax is 2.7% of price; flood insurance adds $66/mo; HOA is 58% of rent.
- Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.
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 98 days. Have you received any prior offers? Is the seller open to a 93% concession, seller financing, or rate buy-down credit?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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
- 0.29% ✗
- Cap rate
- -2.50%
- Cash-on-cash
- -31.41%
- DSCR
- -0.40
- GRM
- 29.0
CMA / ARV
- ARV (median comp)
- $729,983
- List price
- $549,900
- Delta
- -24.67%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
10.0% appreciation · 2.0% rent growth · sell at horizon
- IRR
- 2.9%
- Equity multiple
- 1.25×
- Total profit
- $37,988
- Equity at exit
- $495,393
- IRR
- 6.6%
- Equity multiple
- 3.05×
- Total profit
- $315,905
- Equity at exit
- $1,068,335
Cash invested: $153,972 (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
ZIP-level market 53204
- Home prices YoY
- 19.0%
- Rents YoY
- 2.0%
- Active inventory
- 56
- Price-to-rent
- 29.0×
Monthly cashflow live
- Estimated rent
- $1,582 medium interval (Pro) →
- Mortgage (P&I)
- −$2,884
- Tax from tax record
- −$1,242 /mo · $14,903/yr
- Insurance
- −$229
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$925
- Vacancy / Maint / Mgmt
- −$332
- Net cashflow
- $-4,096
Break-even live
Sensitivity live
| Price | -10% $-3,785 | -5% $-3,941 | +0% $-4,096 | +5% $-4,252 | +10% $-4,408 |
|---|---|---|---|---|---|
| Rent | -10% $-4,221 | -5% $-4,159 | +0% $-4,096 | +5% $-4,034 | +10% $-3,971 |
| Rate | -1.0pp $-3,819 | -0.5pp $-3,957 | base $-4,096 | +0.5pp $-4,239 | +1.0pp $-4,384 |
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
- $137,475
- Closing costs
- $16,497
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- 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 |
|---|---|---|---|---|---|---|---|---|
| 135 W Seeboth St Unit Cream City Lofts-104 Milwaukee, WI | 3.0 | 2.0 | 1856 | $2,995 | $1.61 | 19d | 1 | 0.07mi |
| 174 W Pittsburgh Ave Unit 174 Milwaukee, WI | 1.0 | 1.0 | 1282 | $1,995 | $1.56 | 46d | 1 | 0.11mi |
| 239 E Chicago St Milwaukee, WI | 1.0–2.0 | 1.0–2.0 | 1510 | $3,348 | $2.22 | 46d | 2 | 0.18mi |
| 249 N Water St Milwaukee, WI | 1.0 | 1.0 | 891 | $1,750 | $1.96 | 25d | 1 | 0.19mi |
| 133 W Oregon St Milwaukee, WI | 3.0 | 2.0 | 1561 | $2,775 | $1.78 | 5d | 3 | 0.20mi |
| 222 S 3rd St Milwaukee, WI | 2.0 | 2.0 | 1369 | $2,300 | $1.68 | 19d | 1 | 0.20mi |
| 235 E Pittsburgh Ave Milwaukee, WI | 1.0–2.0 | 1.0–2.5 | 1008 | $2,775 | $2.75 | 5d | 6 | 0.20mi |
| 205 W Oregon St Apt 402 Milwaukee, WI | 2.0 | 2.0 | 1238 | $2,705 | $2.18 | 6d | 1 | 0.23mi |
| 205 W Oregon St Unit 322 Milwaukee, WI | 2.0 | 2.0 | 1037 | $2,360 | $2.28 | 46d | 1 | 0.23mi |
| 324 S 2nd St Unit 1504185P Milwaukee, WI | 2.0 | 1.0 | 1033 | $4,461 | $4.32 | 0d | 1 | 0.24mi |
| 324 S 2nd St Unit 1504186P Milwaukee, WI | 2.0 | 1.0 | 1033 | $4,713 | $4.56 | 46d | 1 | 0.24mi |
| 324 S 2nd St Apt 309 Milwaukee, WI | 2.0 | 2.0 | 1085 | $2,525 | $2.33 | 6d | 1 | 0.24mi |
| 333 N Water St Milwaukee, WI | 3.0 | 1.0–2.0 | 1186 | $5,947 | $5.01 | 0d | 34 | 0.25mi |
| 300 W Florida St Unit 415 Milwaukee, WI | 2.0 | 1.0 | 991 | $2,350 | $2.37 | 46d | 1 | 0.29mi |
| 425 E Menomonee St Milwaukee, WI | 2.0 | 1.0–2.0 | 1021 | $2,633 | $2.58 | 0d | 4 | 0.30mi |
| 333 N Broadway Milwaukee, WI | 2.0 | 2.0 | 1175 | $3,645 | $3.10 | 4d | 1 | 0.30mi |
| 441 E Erie St Milwaukee, WI | 1.0–2.0 | 1.0–2.0 | 1044 | $4,099 | $3.93 | 5d | 4 | 0.35mi |
| 321 N Jefferson St Unit 321 Jefferson-615 Milwaukee, WI | 3.0 | 2.0 | 1752 | $3,995 | $2.28 | 0d | 1 | 0.39mi |
| 321 N Jefferson St Unit 321 Jefferson-606 Milwaukee, WI | 2.0 | 2.0 | 1503 | $3,750 | $2.50 | 46d | 1 | 0.39mi |
| 159 N Jackson St Unit 106 Live/Work Retail Milwaukee, WI | 1.0 | 1.0 | 1060 | $1,895 | $1.79 | 46d | 1 | 0.39mi |
| 615 E Corcoran Ave Milwaukee, WI | 3.0 | 1.0–2.5 | 1106 | $3,797 | $3.43 | 0d | 16 | 0.43mi |
| 625 W Freshwater Way Unit 508 Milwaukee, WI | 1.0 | 1.0 | 900 | $2,200 | $2.44 | 46d | 1 | 0.44mi |
| 625 W Freshwater Way Milwaukee, WI | 1.0–2.0 | 1.0–2.0 | 1137 | $3,650 | $3.21 | 4d | 12 | 0.45mi |
| 630 N Vel R Phillips Ave Milwaukee, WI | 1.0–2.0 | 1.0–2.0 | 1058 | $2,219 | $2.10 | 0d | 8 | 0.50mi |
| 401 W Michigan St Milwaukee, WI | 2.0 | 1.0–2.0 | 913 | $2,218 | $2.43 | 6d | 6 | 0.50mi |
| 747 W Freshwater Way Apt 502 Milwaukee, WI | 2.0 | 2.0 | 1200 | $3,650 | $3.04 | 19d | 1 | 0.51mi |
| 747 W Freshwater Way Unit 112 Milwaukee, WI | 2.0 | 1.0 | 983 | $2,725 | $2.77 | 46d | 1 | 0.51mi |
| 720 W Virginia St Milwaukee, WI | 1.0 | 1.0 | 746 | $1,800 | $2.41 | 12d | 5 | 0.54mi |
| 108 W Wells St Unit 3C Milwaukee, WI | 1.0 | 1.0 | 1365 | $1,795 | $1.32 | 19d | 1 | 0.65mi |
| 611 W National Ave Milwaukee, WI | 1.0–2.0 | 1.0–2.0 | 866 | $1,900 | $2.19 | 5d | 3 | 0.67mi |
| 924 S 5th St Unit 501 Milwaukee, WI | 2.0 | 1.0 | 1005 | $1,917 | $1.91 | 46d | 1 | 0.71mi |
| 909 E Michigan St Milwaukee, WI | 1.0–3.0 | 1.0–2.5 | 1250 | $5,692 | $4.55 | 0d | 52 | 0.73mi |
| 124 W Washington St Milwaukee, WI | 2.0 | 1.0–2.0 | 845 | $2,126 | $2.52 | 46d | 11 | 0.73mi |
| 777 N Van Buren St Milwaukee, WI | 3.0 | 1.0–3.0 | 1108 | $5,186 | $4.68 | 0d | 9 | 0.76mi |
| 828 N Milwaukee St Unit 6 Milwaukee, WI | 3.0 | 1.0 | 1500 | $1,725 | $1.15 | 46d | 1 | 0.79mi |
| 333 W State St Milwaukee, WI | 1.0 | 1.0 | 684 | $1,995 | $2.92 | 4d | 12 | 0.83mi |
| 700 E Kilbourn Ave Milwaukee, WI | 1.0–3.0 | 1.0–2.5 | 1041 | $3,950 | $3.79 | 0d | 12 | 0.93mi |
| 270 E Highland Ave Milwaukee, WI | 2.0 | 2.0 | 1069 | $2,700 | $2.53 | 25d | 1 | 0.99mi |
| 270 E Highland Ave Apt 423 Milwaukee, WI | 2.0 | 1.5 | 1260 | $2,200 | $1.75 | 6d | 1 | 0.99mi |
| 1141 N Doctor Martin Luther King Junior Dr Milwaukee, WI | 1.0–3.0 | 1.0–2.5 | 1861 | $4,038 | $2.17 | 0d | 7 | 1.03mi |
HOA detail condo
- Monthly dues
- $925 · $11,100/yr
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 47 events
-
2026-06-21days on market $549,900 Active 98 DOM
-
2026-06-18status $549,900 Active 95 DOM
-
2026-06-13statusdays on market $549,900 Pending 95 DOM
-
2026-06-09days on market $549,900 Active 92 DOM
-
2026-06-08days on market $549,900 Active 91 DOM
-
2026-06-07days on market $549,900 Active 90 DOM
-
2026-06-05days on market $549,900 Active 87 DOM
-
2026-06-03days on market $549,900 Active 86 DOM
-
2026-06-02days on market $549,900 Active 85 DOM
-
2026-06-01days on market $549,900 Active 84 DOM
-
2026-05-31days on market $549,900 Active 83 DOM
-
2026-04-11price $574,900 798-char remark
Show marketing remark (798 chars)
Step into this light-filled open concept condo where the floor-to-ceiling windows frame a killer view of the river and downtown. As you enter, the gallery wall provides a perfect setting for displaying fine art and photos. The spacious main living area features easy to maintain LVP flooring, which complements the stone and glass tile in the well appointed kitchen. You'll love the stainless appliances, the quartz countertops and the crisp white cabinetry, as well as the seamless flow to the living and dining areas. A huge en-suite primary BR, a spacious borrowed light guest room/office, and tons of well designed closets will provide comfort and convenience. The newly updated second bath features a large shower and ceramic tile. Enjoy a dramatic sunrise from your private patio this summer!
-
2026-03-09$589,900 Active 798-char remark
Show marketing remark (798 chars)
Step into this light-filled open concept condo where the floor-to-ceiling windows frame a killer view of the river and downtown. As you enter, the gallery wall provides a perfect setting for displaying fine art and photos. The spacious main living area features easy to maintain LVP flooring, which complements the stone and glass tile in the well appointed kitchen. You'll love the stainless appliances, the quartz countertops and the crisp white cabinetry, as well as the seamless flow to the living and dining areas. A huge en-suite primary BR, a spacious borrowed light guest room/office, and tons of well designed closets will provide comfort and convenience. The newly updated second bath features a large shower and ceramic tile. Enjoy a dramatic sunrise from your private patio this summer!
-
2026-03-07status Active 798-char remark
Show marketing remark (798 chars)
Step into this light-filled open concept condo where the floor-to-ceiling windows frame a killer view of the river and downtown. As you enter, the gallery wall provides a perfect setting for displaying fine art and photos. The spacious main living area features easy to maintain LVP flooring, which complements the stone and glass tile in the well appointed kitchen. You'll love the stainless appliances, the quartz countertops and the crisp white cabinetry, as well as the seamless flow to the living and dining areas. A huge en-suite primary BR, a spacious borrowed light guest room/office, and tons of well designed closets will provide comfort and convenience. The newly updated second bath features a large shower and ceramic tile. Enjoy a dramatic sunrise from your private patio this summer!
-
2026-03-06historical $589,900 798-char remark
Show marketing remark (798 chars)
Step into this light-filled open concept condo where the floor-to-ceiling windows frame a killer view of the river and downtown. As you enter, the gallery wall provides a perfect setting for displaying fine art and photos. The spacious main living area features easy to maintain LVP flooring, which complements the stone and glass tile in the well appointed kitchen. You'll love the stainless appliances, the quartz countertops and the crisp white cabinetry, as well as the seamless flow to the living and dining areas. A huge en-suite primary BR, a spacious borrowed light guest room/office, and tons of well designed closets will provide comfort and convenience. The newly updated second bath features a large shower and ceramic tile. Enjoy a dramatic sunrise from your private patio this summer!
-
2026-03-06$589,900 Active 798-char remark
Show marketing remark (798 chars)
Step into this light-filled open concept condo where the floor-to-ceiling windows frame a killer view of the river and downtown. As you enter, the gallery wall provides a perfect setting for displaying fine art and photos. The spacious main living area features easy to maintain LVP flooring, which complements the stone and glass tile in the well appointed kitchen. You'll love the stainless appliances, the quartz countertops and the crisp white cabinetry, as well as the seamless flow to the living and dining areas. A huge en-suite primary BR, a spacious borrowed light guest room/office, and tons of well designed closets will provide comfort and convenience. The newly updated second bath features a large shower and ceramic tile. Enjoy a dramatic sunrise from your private patio this summer!
-
2026-03-06historical 798-char remark
Show marketing remark (798 chars)
Step into this light-filled open concept condo where the floor-to-ceiling windows frame a killer view of the river and downtown. As you enter, the gallery wall provides a perfect setting for displaying fine art and photos. The spacious main living area features easy to maintain LVP flooring, which complements the stone and glass tile in the well appointed kitchen. You'll love the stainless appliances, the quartz countertops and the crisp white cabinetry, as well as the seamless flow to the living and dining areas. A huge en-suite primary BR, a spacious borrowed light guest room/office, and tons of well designed closets will provide comfort and convenience. The newly updated second bath features a large shower and ceramic tile. Enjoy a dramatic sunrise from your private patio this summer!
-
2026-03-05historical 798-char remark
Show marketing remark (798 chars)
Step into this light-filled open concept condo where the floor-to-ceiling windows frame a killer view of the river and downtown. As you enter, the gallery wall provides a perfect setting for displaying fine art and photos. The spacious main living area features easy to maintain LVP flooring, which complements the stone and glass tile in the well appointed kitchen. You'll love the stainless appliances, the quartz countertops and the crisp white cabinetry, as well as the seamless flow to the living and dining areas. A huge en-suite primary BR, a spacious borrowed light guest room/office, and tons of well designed closets will provide comfort and convenience. The newly updated second bath features a large shower and ceramic tile. Enjoy a dramatic sunrise from your private patio this summer!
-
2026-03-01historical $589,900 798-char remark
Show marketing remark (798 chars)
Step into this light-filled open concept condo where the floor-to-ceiling windows frame a killer view of the river and downtown. As you enter, the gallery wall provides a perfect setting for displaying fine art and photos. The spacious main living area features easy to maintain LVP flooring, which complements the stone and glass tile in the well appointed kitchen. You'll love the stainless appliances, the quartz countertops and the crisp white cabinetry, as well as the seamless flow to the living and dining areas. A huge en-suite primary BR, a spacious borrowed light guest room/office, and tons of well designed closets will provide comfort and convenience. The newly updated second bath features a large shower and ceramic tile. Enjoy a dramatic sunrise from your private patio this summer!
-
2026-02-01historical
-
2025-10-17price $599,900
-
2025-08-09price $675,000
-
2025-07-04price $699,000
-
2025-06-10$725,000 Active
-
2018-09-25soldstatus $472,000
-
2018-09-24soldstatus $472,000 Sold
-
2018-09-11status Pending
-
2018-08-18historical Contingent
-
2018-08-11$472,000 Active
-
2017-02-28soldstatus $375,000 Sold
-
2017-02-27status Pending
-
2017-02-20historical Contingent
-
2016-08-23price $379,000
-
2016-07-02price $389,000
-
2016-05-29price $399,000
-
2016-05-28price $410,900
-
2016-05-18price $413,900
-
2016-05-09price $416,900
-
2016-02-26price $419,900
-
2016-01-09$429,900 Active
-
2015-11-08historical
-
2015-07-09$444,900 Active
-
2013-07-11historical
-
2013-07-11$525,000
-
2013-07-09historical
-
2013-07-09$303,526
-
2010-07-19soldstatus $300,092
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast WI · Partial reset (capped growth)
- Current annual tax
- $14,903 · $1,242/mo
- Projected year-2 tax
- $14,903 · $1,242/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 9/10 Extreme FEMA zone X (unshaded) · 99% 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 · 3 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
- $18,986
- − Mortgage interest
- −$30,803
- − Property taxes
- −$14,903
- − Insurance
- −$3,547
- − Repairs & maintenance
- −$1,519
- − Management
- −$1,519
- − HOA
- −$11,100
- − Depreciation
- −$15,997
- Taxable loss
- −$60,402
- Est. tax savings @ 24.0%
- +$14,497
- After-tax cash flow
- $-34,660/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.
Schools (NCES district)
No district data.
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 · 926,379 people
- City population
- 573,768
- Metro
- Milwaukee-Waukesha, WI
- Population (ZIP)
- 39,996
- Household income
- $45,934
- Rent vs Own
- Severe rent burden
- 2357.0
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 Hispanic (68%)
- Race & ethnicity
- Hispanic / Latino 68% Two or more races 35% White 15% Black 11% Asian 3% Native American 1%
- Hispanic origin (detail)
- Mexican 51% Puerto Rican 13%
- Common ancestry
- Romanian 3% Portuguese 1% Lithuanian 1%
- Foreign-born
- 28% · Canada
- Languages at home
- 35% English-only · Spanish 61% 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
- ▲ 64.27%
- Current HPI
- 403.236
- Rent YoY
- ▲ 2.00%
- 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
+91.6% since first listed36 events — show timeline
- 2026-04-11 Price Changed $574,900 METROMLS
- 2026-03-09 Listed $589,900 METROMLS
- 2026-03-07 Relisted — METROMLS
- 2026-03-06 Coming Soon $589,900 METROMLS
- 2026-03-06 Listed $589,900 METROMLS
- 2026-03-06 Listing Removed — METROMLS
- 2026-03-05 Listing Removed — METROMLS
- 2026-03-01 Coming Soon $589,900 METROMLS
- 2026-02-01 Listing Removed — METROMLS
- 2025-10-17 Price Changed $599,900 METROMLS
- 2025-08-09 Price Changed $675,000 METROMLS
- 2025-07-04 Price Changed $699,000 METROMLS
- 2025-06-10 Listed $725,000 METROMLS
- 2018-09-25 Sold (Public Records) $472,000 Public Records
- 2018-09-24 Sold (MLS) $472,000 METROMLS
- 2018-09-11 Pending — METROMLS
- 2018-08-18 Contingent — METROMLS
- 2018-08-11 Listed $472,000 METROMLS
- 2017-02-28 Sold (MLS) $375,000 METROMLS
- 2017-02-27 Pending — METROMLS
- 2017-02-20 Contingent — METROMLS
- 2016-08-23 Price Changed $379,000 METROMLS
- 2016-07-02 Price Changed $389,000 METROMLS
- 2016-05-29 Price Changed $399,000 METROMLS
- 2016-05-28 Price Changed $410,900 METROMLS
- 2016-05-18 Price Changed $413,900 METROMLS
- 2016-05-09 Price Changed $416,900 METROMLS
- 2016-02-26 Price Changed $419,900 METROMLS
- 2016-01-09 Listed $429,900 METROMLS
- 2015-11-08 Listing Removed — METROMLS
- 2015-07-09 Listed $444,900 METROMLS
- 2013-07-11 Listed $525,000 METROMLS
- 2013-07-11 Listing Removed — METROMLS
- 2013-07-09 Listed $303,526 METROMLS
- 2013-07-09 Listing Removed — METROMLS
- 2010-07-19 Sold (MLS) $300,092 METROMLS
Property tax history
+4.6%/yrLatest (2024): $14,903 · +20.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…