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 +2.5/5.0
- Schools +1.2/10.0
$79,900
🖨 Deal sheet 📄 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. MLS: 1951829,1951546,1951549
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 $80k.
Deal economics
- At list price, monthly cash flow is $2k ($18k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $80k).
- Recommended offer: $73k (9.0% below list) — sets the bar for market timing.
- Cap rate 29.0% vs local median 5.1% 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); 150 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,017 units permitted in Milwaukee County in 2024 (803 in 5+ unit buildings).
- At $2,873/mo this rent would consume 118% of the median local household income ($29k/yr) (locally 2061% 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 $9k of equity ($552 loan paydown + $8k 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 $22k cash investment doubles in ~1 year — after that, you're playing with house money.
- By year 4, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 113 days — a 9% lower offer ($73k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 12y ago; this cycle's ask has dropped $20k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $38k; list at $80k implies a 110% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: property tax is 4.6% of price; built in 1885 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 113 days. Have you received any prior offers? Is the seller open to a 9% 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
- 3.60% ✓
- Cap rate
- 29.00%
- Cash-on-cash
- 81.09%
- DSCR
- 4.61
- GRM
- 2.3
CMA / ARV
- ARV (median comp)
- $98,865
- List price
- $79,900
- Delta
- -19.18%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 10 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%) | 13mo | $117,000 | $66 | 80 |
| 2507 N 6th St Unit 2507A | 0.27mi | 4/2.0 | 1,862 (+5%) | 7mo | $165,000 | $89 | 73 |
| 2136 N 11th St | 0.24mi | 4/2.0 | 1,920 (+8%) | 6mo | $115,052 | $60 | 70 |
| 2555 N 16th St | 0.59mi | 4/2.0 | 1,898 (+7%) | 5mo | $95,999 | $51 | 57 |
| 2237 N 15th St #2239 | 0.48mi | 4/2.0 | 2,024 (+14%) | 3mo | $95,000 | $47 | 51 |
| 2852 N Vel R Phillips Ave Unit 2852A | 0.73mi | 5/2.0 (+1) | 1,887 (+6%) | 11mo | $159,900 | $85 | 41 |
| 2245 N 16th St #2247 | 0.54mi | 4/2.0 | 1,521 (-14%) | 15mo | $40,000 | $26 | 38 |
| 137 W Hadley St #139 | 0.75mi | 4/2.5 | 2,013 (+13%) | 5mo | $138,000 | $69 | 37 |
| 2434 N 19th St | 0.70mi | 5/2.0 (+1) | 1,591 (-10%) | 15mo | $20,000 | $13 | 33 |
| 2933 N 11th St | 0.75mi | 4/2.0 | 1,988 (+12%) | 20mo | $62,599 | $31 | 29 |
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
- 96.0%
- Equity multiple
- 7.94×
- Total profit
- $155,155
- Equity at exit
- $71,980
- IRR
- 92.6%
- Equity multiple
- 19.73×
- Total profit
- $419,139
- Equity at exit
- $155,228
Cash invested: $22,372 (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 53206
- Rents YoY
- 8.3%
- Active inventory
- 150
- Price-to-rent
- 4.6×
Monthly cashflow live
- Estimated rent
- $2,873 high interval (Pro) →
- Mortgage (P&I)
- −$419
- Tax from tax record
- −$306 /mo · $3,667/yr
- Insurance
- −$33
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$603
- Net cashflow
- $1,512
Break-even live
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 2 | 1 | $2,874 |
| #1 | 2 | 1 | $1,437 |
| #2 | 2 | 1 | $1,437 |
| Total (2 units) | $2,873 | ||
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
- $19,975
- Closing costs
- $2,397
- 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 22 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2634 N Doctor M.L.K. Jr Dr Milwaukee, WI | 5.0 | 2.5 | 2512 | $3,700 | $1.47 | 43d | 1 | 0.56mi |
| 400 E Meinecke Ave #402 Milwaukee, WI | 3.0 | 1.0 | 1700 | $1,800 | $1.06 | 16d | 1 | 0.79mi |
| 2507 N Buffum St Milwaukee, WI | 3.0 | 1.0 | 1300 | $1,375 | $1.06 | 19d | 1 | 0.80mi |
| 2012 N Buffum St Milwaukee, WI | 3.0 | 2.5 | 2200 | $2,695 | $1.23 | 43d | 1 | 0.84mi |
| 2119 W Brown St Milwaukee, WI | 3.0 | 1.0 | 1754 | $995 | $0.57 | 3d | 1 | 0.95mi |
| 901 W Winnebago St Milwaukee, WI | 1.0–3.0 | 1.0–2.0 | 1359 | $2,629 | $1.93 | 2d | 10 | 0.96mi |
| 1551 N Water St Milwaukee, WI | 3.0 | 1.0–2.0 | 1074 | $3,395 | $3.16 | 2d | 52 | 1.04mi |
| 2308 W Clarke St Milwaukee, WI | 4.0 | 2.0 | 1545 | $1,750 | $1.13 | 23d | 1 | 1.06mi |
| 3042 N Palmer St #5 Milwaukee, WI | 3.0 | 1.0 | 1718 | $1,050 | $0.61 | 23d | 1 | 1.10mi |
| 1845 N Water St Milwaukee, WI | 3.0 | 1.0–2.0 | 948 | $4,455 | $4.70 | 3d | 84 | 1.11mi |
| 1141 N Doctor Martin Luther King Junior Dr Milwaukee, WI | 1.0–3.0 | 1.0–2.5 | 1861 | $6,250 | $3.36 | 2d | 6 | 1.12mi |
| 2429 N Weil St Milwaukee, WI | 3.0 | 1.0 | 1300 | $1,500 | $1.15 | 43d | 1 | 1.15mi |
| 1116 N 13th St Milwaukee, WI | 3.0 | 1.0 | 1400 | $1,345 | $0.96 | 14d | 1 | 1.16mi |
| 922 E Hamilton St Unit Lower Milwaukee, WI | 3.0 | 1.0 | 1900 | $1,550 | $0.82 | 23d | 1 | 1.20mi |
| 1014 E Land Pl Milwaukee, WI | 3.0 | 2.0 | 1900 | $2,000 | $1.05 | 4d | 1 | 1.23mi |
| 2772 N Bremen St #2774 Milwaukee, WI | 3.0 | 1.0 | 1500 | $1,795 | $1.20 | 43d | 1 | 1.24mi |
| 1703 N Astor St Milwaukee, WI | 4.0 | 2.0 | 1800 | $2,200 | $1.22 | 43d | 1 | 1.25mi |
| 1025 E Land Pl Milwaukee, WI | 3.0 | 1.0 | 1560 | $1,750 | $1.12 | 23d | 1 | 1.25mi |
| 1116 E Hamilton St Milwaukee, WI | 3.0 | 2.0 | 1400 | $1,750 | $1.25 | 17d | 1 | 1.32mi |
| 2761 N Humboldt Blvd Unit First Floor Milwaukee, WI | 3.0 | 1.0 | 1236 | $1,600 | $1.29 | 17d | 1 | 1.32mi |
| 2432 N 28th St Milwaukee, WI | 5.0 | 1.5 | 1876 | $1,600 | $0.85 | 43d | 1 | 1.35mi |
| 2809 W Clarke St Unit 12811 Milwaukee, WI | 3.0 | 1.0 | 1400 | $1,200 | $0.86 | 17d | 1 | 1.41mi |
Listing history 34 events
-
2026-06-18days on market $79,900 Active 113 DOM
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2026-06-17days on market $79,900 Active 112 DOM
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2026-06-16days on market $79,900 Active 111 DOM
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2026-06-15days on market $79,900 Active 110 DOM
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2026-06-13days on market $79,900 Active 108 DOM
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2026-06-13days on market $79,900 Active 107 DOM
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2026-06-09days on market $79,900 Active 104 DOM
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2026-06-08days on market $79,900 Active 103 DOM
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2026-06-07days on market $79,900 Active 102 DOM
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2026-06-05days on market $79,900 Active 99 DOM
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2026-06-03days on market $79,900 Active 98 DOM
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2026-06-02days on market $79,900 Active 97 DOM
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2026-06-01days on market $79,900 Active 96 DOM
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2026-05-31days on market $79,900 Active 95 DOM
-
2026-04-11price $79,900 530-char remark
Show marketing remark (530 chars)
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. MLS: 1951829,1951546,1951549
-
2026-03-31price $81,900 530-char remark
Show marketing remark (530 chars)
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. MLS: 1951829,1951546,1951549
-
2026-03-11price $89,900 530-char remark
Show marketing remark (530 chars)
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. MLS: 1951829,1951546,1951549
-
2026-02-25$99,900 Active 530-char remark
Show marketing remark (530 chars)
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. MLS: 1951829,1951546,1951549
-
2026-01-01historical 480-char remark
Show marketing remark (480 chars)
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
-
2025-12-16price $99,900 480-char remark
Show marketing remark (480 chars)
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
-
2025-12-03price $102,900 480-char remark
Show marketing remark (480 chars)
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
-
2025-10-07price $104,900 480-char remark
Show marketing remark (480 chars)
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
-
2025-09-10price $109,900 480-char remark
Show marketing remark (480 chars)
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
-
2025-08-26price $111,900 480-char remark
Show marketing remark (480 chars)
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
-
2025-08-13price $112,900 480-char remark
Show marketing remark (480 chars)
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
-
2025-08-01price $113,900 480-char remark
Show marketing remark (480 chars)
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
-
2025-07-01price $114,900 480-char remark
Show marketing remark (480 chars)
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
-
2025-06-23$119,900 Active 480-char remark
Show marketing remark (480 chars)
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
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2014-11-05soldstatus $38,000
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2014-08-15$9,500
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2014-08-15historical
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2014-07-30soldstatus $9,000
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2014-04-04historical
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2014-04-04$25,000
ⓘ 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
- $34,476
- − Mortgage interest
- −$4,476
- − Property taxes
- −$3,667
- − Insurance
- −$400
- − Repairs & maintenance
- −$2,758
- − Management
- −$2,758
- − Depreciation
- −$2,324
- Taxable income
- $18,093
- Est. tax owed @ 24.0%
- −$4,342
- After-tax cash flow
- $13,799/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)
- 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 · 926,379 people
- City population
- 573,768
- Metro
- Milwaukee-Waukesha, WI
- Population (ZIP)
- 19,887
- Household income
- $29,336
- Rent vs Own
- Severe rent burden
- 2061.0
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 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 |
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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
+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…