Multi-family
2350 N 9th St · Milwaukee, WI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
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 A 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).
- Cash flow +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Appreciation +10.0/10.0
- Rent growth +4.6/5.0
- Livability +4.0/5.0
- Condition / age +3.8/5.0
- Schools +0.8/10.0
$74,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records
Listing remarks MLS
Plug-and-play cash-flow asset with two spacious 2-bed/1-bath flats, each boasting a formal dining room. Cap-ex heavy lifting is done: brand-new upper water heater (Jan '24), refreshed lower bath (Feb '24), updated upper bath, plus newer high-efficiency Lennox gas furnaces for both units. Separate breaker panels, vinyl siding, newer roof, glass-block basement windows, and a fully fenced yard slash future maintenance. Delivering strong cashflows. Available as a package or alone. Upper rent is $700.
Key facts
- Refreshed lower bath
- Formal dining room
- Updated upper bath
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath multifamily listed at $75k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $1k ($16k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $75k).
- Recommended offer: $66k (12.0% below list) — sets the bar for market timing.
- Cap rate 27.8% vs local median 4.9% in Milwaukee — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
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 fast (+8.3%/yr); 205 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals lingering (median 61d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 90% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,017 units permitted in Milwaukee County in 2024 (803 in 5+ unit buildings).
- At $2,621/mo this rent would consume 107% of the median local household income ($29k/yr) (locally 21% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- In year one you build about $8k of equity ($518 loan paydown + $7k appreciation (10.0% local appreciation)).
- Milwaukee County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (10.0% appreciation + 8.0% rent growth), your $21k cash investment doubles in ~1 year — after that, you're playing with house money.
- By year 5, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 164 days — a 12% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 12y ago; this cycle's ask has dropped $25k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $38k; list at $75k implies a 97% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: property tax is 4.9% of price; built in 1885 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 164 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1885 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- 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?
- 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
- 3.50% ✓
- Cap rate
- 27.78%
- Cash-on-cash
- 76.73%
- DSCR
- 4.41
- GRM
- 2.4
CMA / ARV
- ARV (median comp)
- $111,029
- List price
- $74,900
- Delta
- -28.04%
- 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 |
|---|---|---|---|---|---|---|---|
| 2465 N 9th St Unit 2465A | 0.15mi | 4/2.0 | 1,760 (-1%) | 15mo | $117,000 | $66 | 79 |
| 2507 N 6th St Unit 2507A | 0.27mi | 4/2.0 | 1,862 (+5%) | 9mo | $165,000 | $89 | 72 |
| 2661 N Vel R Phillips Ave | 0.52mi | 4/2.0 | 1,826 (+3%) | 2mo | $26,000 | $14 | 70 |
| 2136 N 11th St | 0.24mi | 4/2.0 | 1,920 (+8%) | 8mo | $115,052 | $60 | 69 |
| 137-39 E Garfield Ave | 0.66mi | 4/2.0 | 1,800 (+1%) | 1mo | $244,000 | $136 | 66 |
| 2555 N 16th St | 0.59mi | 4/2.0 | 1,898 (+7%) | 7mo | $95,999 | $51 | 55 |
| 2237 N 15th St #2239 | 0.48mi | 4/2.0 | 2,024 (+14%) | 5mo | $95,000 | $47 | 50 |
| 2852 N Vel R Phillips Ave Unit 2852A | 0.73mi | 5/2.0 (+1) | 1,887 (+6%) | 13mo | $159,900 | $85 | 40 |
| 2245 N 16th St #2247 | 0.54mi | 4/2.0 | 1,521 (-14%) | 16mo | $40,000 | $26 | 37 |
| 137 W Hadley St #139 | 0.75mi | 4/2.5 | 2,013 (+13%) | 6mo | $138,000 | $69 | 36 |
| 2434 N 19th St | 0.70mi | 5/2.0 (+1) | 1,591 (-10%) | 17mo | $20,000 | $13 | 31 |
| 2933 N 11th St | 0.75mi | 4/2.0 | 1,988 (+12%) | 21mo | $62,599 | $31 | 27 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 8.0% rent growth · sell at horizon
- IRR
- 92.0%
- Equity multiple
- 7.69×
- Total profit
- $140,223
- Equity at exit
- $67,476
- IRR
- 88.5%
- Equity multiple
- 19.14×
- Total profit
- $380,422
- Equity at exit
- $145,514
Cash invested: $20,972 (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
Active competition Active MLS
- For sale now
- 6 active · 8 under contract
- Months of supply
- 2.2 mo (44%/mo absorbed)
- Median asking
- $82,400 ($51/sqft)
- Median days on market
- 51 d
- This list price
- 33% of active listings are priced below it
- ARV vs active asking
- +22.9% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 53206
- Rents YoY
- 8.3%
- Active inventory
- 205
- Price-to-rent
- 4.8×
Monthly cashflow live
- Estimated rent
- $2,621 high interval (Pro) →
- Mortgage (P&I)
- −$393
- Tax from tax record
- −$306 /mo · $3,667/yr
- Insurance
- −$31
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$550
- Net cashflow
- $1,341
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 2 | 1 | $2,622 |
| #1 | 2 | 1 | $1,311 |
| #2 | 2 | 1 | $1,311 |
| Total (2 units) | $2,621 | ||
Break-even live
Sensitivity live
| Price | -10% $1,605 | -5% $1,579 | +0% $1,341 | +5% $1,320 | +10% $1,299 |
|---|---|---|---|---|---|
| Rent | -10% $1,134 | -5% $1,237 | +0% $1,341 | +5% $1,445 | +10% $1,548 |
| Rate | -1.0pp $1,379 | -0.5pp $1,360 | base $1,341 | +0.5pp $1,322 | +1.0pp $1,302 |
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
- $18,725
- Closing costs
- $2,247
- 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 |
|---|---|---|---|---|---|---|---|---|
| 1000 W North Ave Unit 2 Milwaukee, WI | 1.0 | 1.0 | — | $750 | — | 63d | 1 | 0.12mi |
| 2407 N 6th St Milwaukee, WI | 2.0 | 1.0 | 897 | $995 | $1.11 | 11d | 1 | 0.18mi |
| 2502 N 9th St #2504 Milwaukee, WI | 1.0 | 1.0 | — | $775 | — | 93d | 1 | 0.22mi |
| 2477 N 6th St Unit 1 Milwaukee, WI | 2.0 | 1.0 | — | $1,190 | — | 36d | 1 | 0.26mi |
| 2439 Doctor William Finlayson St Milwaukee, WI | 2.0 | 1.0 | 626 | $1,200 | $1.92 | 41d | 1 | 0.27mi |
| 2441 Doctor William Finlayson St Milwaukee, WI | 2.0 | 1.0 | 626 | $1,200 | $1.92 | 41d | 1 | 0.28mi |
| 1919 N 11th St Milwaukee, WI | 1.0 | 1.0 | — | $1,062 | — | 93d | 1 | 0.39mi |
| 2549 N Vel R. Phillips Ave Unit 2549A Milwaukee, WI | 2.0 | 1.0 | — | $1,195 | — | 93d | 1 | 0.42mi |
| 2577 N Vel R Phillips Ave Milwaukee, WI | 3.0 | 1.0 | 1048 | $1,400 | $1.34 | 66d | 1 | 0.45mi |
| 602 W Center St Milwaukee, WI | 3.0 | 1.0 | — | $1,050 | — | 41d | 1 | 0.50mi |
| 338 W Reservoir Ave Unit 338A Milwaukee, WI | 2.0 | 1.0 | 1 | $1,095 | $1095.00 | 72d | 1 | 0.51mi |
| 338-340 W Reservoir Ave Milwaukee, WI | 1.0 | 1.0 | 2 | $950 | $475.00 | 72d | 1 | 0.51mi |
| 2331 N 1st St Unit 1 Milwaukee, WI | 1.0 | 1.0 | 700 | $945 | $1.35 | 36d | 1 | 0.54mi |
| 100 E Meinecke Ave Unit 2 Milwaukee, WI | 2.0 | 1.0 | — | $1,200 | — | 72d | 1 | 0.57mi |
| 2336 N 1st St Unit 8 Milwaukee, WI | 1.0 | 1.0 | 650 | $945 | $1.45 | 53d | 1 | 0.57mi |
| 1938 N 15th St Milwaukee, WI | 3.0 | 1.0 | 1243 | $1,295 | $1.04 | 41d | 1 | 0.57mi |
| 912 W Hadley St Milwaukee, WI | 3.0 | 1.0 | 2222 | $1,250 | $0.56 | 16d | 1 | 0.60mi |
| 2120B N 1st St Milwaukee, WI | 2.0 | 1.0 | 2 | $1,495 | $747.50 | 36d | 1 | 0.61mi |
| 2728 N Vel R. Phillips Ave Milwaukee, WI | 3.0 | 1.0 | 1183 | $1,348 | $1.14 | 35d | 1 | 0.61mi |
| 2621 N 15th St Unit 2621-L Milwaukee, WI | 3.0 | 1.0 | — | $950 | — | 72d | 1 | 0.61mi |
| 118 E Lloyd St Unit Lower Milwaukee, WI | 2.0 | 1.0 | 810 | $1,300 | $1.60 | 20d | 1 | 0.62mi |
| 122-124 E Lloyd St Unit 124 Milwaukee, WI | 3.0 | 1.0 | 3 | $1,825 | $608.33 | 61d | 1 | 0.62mi |
| 2453 N 17th St Unit 9 Milwaukee, WI | 2.0 | 1.0 | — | $800 | — | 38d | 1 | 0.64mi |
| 2453 N 17th St Unit 2 Milwaukee, WI | 2.0 | 1.0 | — | $800 | — | 20d | 1 | 0.64mi |
| 2355 N Hubbard St Milwaukee, WI | 2.0 | 1.0 | 2 | $850 | $425.00 | 53d | 1 | 0.66mi |
| 2355 N Hubbard St #2357 Milwaukee, WI | 2.0 | 1.0 | 2 | $925 | $462.50 | 63d | 1 | 0.66mi |
| 2112 N Palmer St Milwaukee, WI | 2.0 | 1.0 | — | $2,100 | — | 66d | 1 | 0.67mi |
| 2112 N Palmer St Milwaukee, WI | 2.0–4.0 | 1.0–2.5 | 1650 | $1,985 | $1.20 | 36d | 3 | 0.67mi |
| 2110 N Palmer St Milwaukee, WI | 2.0 | 1.0 | 1100 | $1,985 | $1.80 | 53d | 1 | 0.67mi |
| 2045 N Hubbard St Unit 2047 Milwaukee, WI | 3.0 | 1.0 | 3 | $1,795 | $598.33 | 93d | 1 | 0.72mi |
| 2719 N 1st St Milwaukee, WI | 2.0 | 1.0 | 1300 | $1,095 | $0.84 | 63d | 1 | 0.72mi |
| 2524 N Hubbard St Unit 2524A Upper Milwaukee, WI | 1.0 | 1.0 | 514 | $745 | $1.45 | 11d | 1 | 0.72mi |
| 2840 N Vel R Phillips Ave Milwaukee, WI | 2.0 | 1.0 | — | $1,100 | — | 66d | 1 | 0.73mi |
| 2017 N Hubbard St Unit 2017A Milwaukee, WI | 1.0 | 1.0 | 600 | $1,250 | $2.08 | 63d | 1 | 0.73mi |
| 1120-1122 W Locust St Unit 1120 Lower Milwaukee, WI | 2.0 | 1.0 | — | $845 | — | 93d | 1 | 0.75mi |
| 329 E Garfield Ave Milwaukee, WI | 2.0 | 1.5 | 1100 | $1,350 | $1.23 | 53d | 1 | 0.76mi |
| 1345 W Locust St #10 Milwaukee, WI | 1.0 | 1.0 | 800 | $775 | $0.97 | 72d | 1 | 0.77mi |
| 2536 N Richards St Unit 1ST Milwaukee, WI | 2.0 | 1.0 | 1200 | $950 | $0.79 | 93d | 1 | 0.78mi |
| 400 E Meinecke Ave Milwaukee, WI | 2.0 | 1.0 | — | $1,400 | — | 66d | 1 | 0.79mi |
| 400 E Meinecke Ave #402 Milwaukee, WI | 3.0 | 1.0 | 1700 | $1,800 | $1.06 | 65d | 1 | 0.79mi |
Listing history 50 events
-
2026-08-08days on market $74,900 Active 164 DOM
-
2026-08-07days on market $74,900 Active 163 DOM
-
2026-08-06days on market $74,900 Active 162 DOM
-
2026-08-05days on market $74,900 Active 161 DOM
-
2026-08-04days on market $74,900 Active 160 DOM
-
2026-08-03days on market $74,900 Active 159 DOM
-
2026-07-31days on market $74,900 Active 156 DOM
-
2026-07-30days on market $74,900 Active 155 DOM
-
2026-07-30pricedays on market $74,900 Active 154 DOM
-
2026-07-28days on market $79,900 Active 153 DOM
-
2026-07-26days on market $79,900 Active 151 DOM
-
2026-07-24days on market $79,900 Active 149 DOM
-
2026-07-23days on market $79,900 Active 148 DOM
-
2026-07-22days on market $79,900 Active 147 DOM
-
2026-07-21days on market $79,900 Active 146 DOM
-
2026-07-20days on market $79,900 Active 145 DOM
-
2026-07-18days on market $79,900 Active 143 DOM
-
2026-07-18days on market $79,900 Active 142 DOM
-
2026-07-16days on market $79,900 Active 141 DOM
-
2026-07-15days on market $79,900 Active 140 DOM
-
2026-07-14days on market $79,900 Active 139 DOM
-
2026-07-13days on market $79,900 Active 138 DOM
-
2026-07-13days on market $79,900 Active 137 DOM
-
2026-07-11days on market $79,900 Active 136 DOM
-
2026-07-10days on market $79,900 Active 135 DOM
-
2026-07-09days on market $79,900 Active 134 DOM
-
2026-07-07days on market $79,900 Active 132 DOM
-
2026-07-06days on market $79,900 Active 131 DOM
-
2026-07-05days on market $79,900 Active 130 DOM
-
2026-07-03days on market $79,900 Active 128 DOM
-
2026-07-02days on market $79,900 Active 127 DOM
-
2026-07-01days on market $79,900 Active 126 DOM
-
2026-06-30days on market $79,900 Active 125 DOM
-
2026-06-29days on market $79,900 Active 124 DOM
-
2026-06-28days on market $79,900 Active 123 DOM
-
2026-06-27days on market $79,900 Active 122 DOM
-
2026-06-27days on market $79,900 Active 121 DOM
-
2026-06-25days on market $79,900 Active 119 DOM
-
2026-06-22days on market $79,900 Active 117 DOM
-
2026-06-21days on market $79,900 Active 116 DOM
-
2026-06-18days on market $79,900 Active 113 DOM
-
2026-06-17days on market $79,900 Active 112 DOM
-
2026-06-16days on market $79,900 Active 111 DOM
-
2026-06-15days on market $79,900 Active 110 DOM
-
2026-06-13days on market $79,900 Active 108 DOM
-
2026-06-13days on market $79,900 Active 107 DOM
-
2026-06-09days on market $79,900 Active 104 DOM
-
2026-06-08days on market $79,900 Active 103 DOM
-
2026-06-07days on market $79,900 Active 102 DOM
-
2026-06-05days on market $79,900 Active 99 DOM
ⓘ 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
- $3,667 · $306/mo
- Projected year-2 tax
- $3,667 · $306/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 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
- $31,452
- − Mortgage interest
- −$4,196
- − Property taxes
- −$3,667
- − Insurance
- −$374
- − Repairs & maintenance
- −$2,516
- − Management
- −$2,516
- − Depreciation
- −$2,179
- Taxable income
- $16,004
- Est. tax owed @ 24.0%
- −$3,841
- After-tax cash flow
- $12,251/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 · 2 photos
A well-maintained multi-family home with good exterior and interior conditions, ready for minor cosmetic updates to enhance its resale and rental value.
Value-add opportunities
- Both Landscaping and curb appeal improvements — Enhances the home's aesthetic and appeal to potential buyers/tenants. ↑
- Both Interior updates — Improves the home's livability and appeal to potential buyers/tenants. ↑
- Both Kitchen and bathroom updates — Modernizes the home and enhances its marketability for both resale and rental purposes. ↑
ⓘ Rehab cost is a screening estimate — Cosmetic 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.
Zoned Schools
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)
- 19,887
- Household income
- $29,336
- Rent vs Own
- Severe rent burden
- 21% 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 Black (91%)
- Race & ethnicity
- Black 91% Two or more races 3% White 3% Hispanic / Latino 3%
- Common ancestry
- Norwegian 1%
- Foreign-born
- 1% · Canada
- Languages at home
- 97% English-only · Spanish 2%
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
- ▲ 133.03%
- Current HPI
- 397.7151
- Rent YoY
- ▲ 8.28%
- 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 |
|
||
| Industrial Technology | 2 | $36B |
|
||
| Insurance | 1 | $36B |
|
||
| Professional Services | 1 | $19B |
|
||
| Utilities | 1 | $9B |
|
||
| Consumer Goods | 1 | $3B |
|
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Price history
+219.6% since first listed20 events — show timeline
- 2026-04-11 Price Changed $79,900 METROMLS
- 2026-03-31 Price Changed $81,900 METROMLS
- 2026-03-11 Price Changed $89,900 METROMLS
- 2026-02-25 Listed $99,900 METROMLS
- 2026-01-01 Listing Removed — METROMLS
- 2025-12-16 Price Changed $99,900 METROMLS
- 2025-12-03 Price Changed $102,900 METROMLS
- 2025-10-07 Price Changed $104,900 METROMLS
- 2025-09-10 Price Changed $109,900 METROMLS
- 2025-08-26 Price Changed $111,900 METROMLS
- 2025-08-13 Price Changed $112,900 METROMLS
- 2025-08-01 Price Changed $113,900 METROMLS
- 2025-07-01 Price Changed $114,900 METROMLS
- 2025-06-23 Listed $119,900 METROMLS
- 2014-11-05 Sold (Public Records) $38,000 Public Records
- 2014-08-15 Listing Removed — METROMLS
- 2014-08-15 Listed $9,500 METROMLS
- 2014-07-30 Sold (MLS) $9,000 METROMLS
- 2014-04-04 Listed $25,000 METROMLS
- 2014-04-04 Listing Removed — METROMLS
Property tax history
+6.5%/yrLatest (2024): $3,667 · +3.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…