6926 30th Ave · Kenosha, WI 53142

$225,000

4 bd · 2.0 ba · 2,042 sqft · MultiFamily public records · 17 Days on market

Built 1939 4,356 sqft lot Est $261k · 14% under

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Why this score? — see what drove the B+ 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 +13.8/15.0
• DSCR +10.0/10.0
• 1% rule +8.9/10.0
• Livability +4.2/5.0
• Rent growth +3.5/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks

Spacious duplex, perfect for owner occupied or investor. Great location with off street parking & garage. With a little TLC this property is sure to be a solid investment.

Key facts

• Off street parking
• Garage
• 4,356 sq ft lot

Tags

• OFF STREET PARKING
• GARAGE

Property features AI

Exterior

• Parking: Detached 2-car garage; 1 additional parking space
• Utilities: Municipal water; Municipal sewer; 2 electric meters; 2 gas meters
• Home design: 2-story duplex; Multi-family property; Zoning: RG1
• Construction: Less than 1/2 acre lot (approximately 0.1 acre); Year built information from assessor/public record
• Exterior features: Aluminum/steel siding

Interior

• Kitchen: Unit 2 kitchen located on upper level
• Bedrooms: Unit 1: 2 bedrooms; Unit 2: 2 bedrooms (master and second bedroom on upper level)
• Bathrooms: Unit 1: 1 full bathroom; Unit 2: 1 full bathroom
• Interior features: Full basement

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/1.0-bath units multifamily listed at $225k.

Deal economics

• At list price, monthly cash flow is $954 ($11k/yr) — positive. Per door: $477/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $225k).
• Recommended offer: $222k (1.5% below list) — sets the bar for market timing.
• Cap rate 11.4% vs local median 3.8% in Kenosha — 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 84/100 on livability (#31 in WI, #680 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment C-, schools D+.
• Kenosha School District (suburban): math 26% / reading 31% proficiency, ranked #287 of 342 in WI (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+4.1%/yr); 69 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 259 units permitted in Kenosha County in 2024 (8 in 5+ unit buildings).
• This rent runs 42% of the median local income ($89k/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.
• At projected returns (-3.0% appreciation + 4.1% rent growth), your $63k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($222k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $175k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1939 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $221,625 (1.5% below list)

Questions for the listing agent

1. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
2. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
3. Built in 1939 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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.
7. 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.
8. 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: 1.39% ✓
• Cap rate: 11.38%
• Cash-on-cash: 18.16%
• DSCR: 1.81
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $261,376
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6517 27th Ave	0.36mi	4/2.0	2,016 (-1%)	11mo	$274,000	$136	72
2400 71st St	0.40mi	3/2.0 (-1)	2,011 (-2%)	8mo	$285,000	$142	67
6615 24th Ave	0.47mi	4/2.0	2,040 (-0%)	15mo	$262,000	$128	66
6801 36th Ave	0.34mi	3/2.0 (-1)	1,948 (-5%)	11mo	$220,000	$113	63
7516 37th Ave #7518	0.50mi	3/2.0 (-1)	2,200 (+8%)	1mo	$335,000	$152	58
6716 36th Ave	0.38mi	4/2.0	1,804 (-12%)	7mo	$154,900	$86	57
6827 25th Ave	0.35mi	4/2.0	1,764 (-14%)	9mo	$226,500	$128	54
6431 22nd Ave	0.64mi	4/2.0	2,040 (-0%)	20mo	$160,000	$78	53
7122 23rd Ave	0.46mi	4/2.0	2,124 (+4%)	23mo	$245,500	$116	53
6826 22nd Ave	0.50mi	4/2.0	1,760 (-14%)	2mo	$270,000	$153	51

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 · 4.12% rent growth · sell at horizon

5-year hold

• IRR: 11.0%
• Equity multiple: 1.44×
• Total profit: $27,880
• Equity at exit: $33,548

10-year hold

• IRR: 20.9%
• Equity multiple: 2.87×
• Total profit: $117,609
• Equity at exit: $19,454

Cash invested: $63,000 (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

5-day notice; preempted; Madison / Milwaukee have some local enforcement.

Methodology + full state rankings →

ZIP-level market 53142

• Rents YoY: 4.1%
• Active inventory: 69
• Price-to-rent: 12.0×

Monthly cashflow live

• Estimated rent: $3,137 high
• Mortgage (P&I): −$1,180
• Tax from tax record: −$251 /mo · $3,011/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$659
• Net cashflow: $954

Break-even live

Break-even rent $1,930

Max offer price $225,000

Occupancy floor 65%

Sensitivity live

Price	-10% $1,081	-5% $1,017	+0% $954	+5% $890	+10% $826
Rent	-10% $706	-5% $830	+0% $954	+5% $1,078	+10% $1,201
Rate	-1.0pp $1,067	-0.5pp $1,011	base $954	+0.5pp $895	+1.0pp $836

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$3,138
Total (2 units)			$3,137

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7719 15th Ave Kenosha, WI	4.0	2.0	1898	$2,599	$1.37	19d	1	1.07mi
5432 23rd Ave Kenosha, WI	4.0	2.0	1400	$1,695	$1.21	4d	1	1.14mi
1510 57th St Unit 2 Kenosha, WI	4.0	2.0	1700	$1,800	$1.06	44d	1	1.26mi

Listing history 10 events

1. 2026-06-21
   days on market $225,000 Active 17 DOM
2. 2026-06-18
   days on market $225,000 Active 14 DOM
3. 2026-06-17
   days on market $225,000 Active 13 DOM
4. 2026-06-16
   days on market $225,000 Active 12 DOM
5. 2026-06-15
   days on market $225,000 Active 11 DOM
6. 2026-06-13
   days on market $225,000 Active 9 DOM
7. 2026-06-09
   days on market $225,000 Active 5 DOM
8. 2026-06-08
   days on market $225,000 Active 4 DOM
9. 2026-06-07
   remarks 173-char remark
10. 2026-06-07
    listed $225,000 Active 3 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: $3,011 · $251/mo
• Projected year-2 tax: $3,587 · $299/mo
• Expected delta: +$576/yr (+$48/mo · 19.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥96°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $37,644
• − Mortgage interest: −$12,603
• − Property taxes: −$3,011
• − Insurance: −$1,125
• − Repairs & maintenance: −$3,012
• − Management: −$3,012
• − Depreciation: −$6,545
• Taxable income: $8,336
• Est. tax owed @ 24.0%: −$2,001
• After-tax cash flow: $9,443/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: Kenosha School District
• NCES district ID: 5507320
• Math proficiency: 26% ▼ -9.00%
• Reading proficiency: 31% ▼ -6.00%
• Median HH income: $52,407
• Composite: 25.17/100
• National rank: #7516
• State rank: #287 of 342 in WI

Livability — Kenosha

• Score: 84/100
• State rank: #31
• US rank: #680

Category grades

Amenities C Commute A+ Cost of living A+ Crime B Employment C- Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kenosha, WI
• County: Kenosha County · 130,343 people
• City population: 85,271
• Metro: Chicago-Naperville-Elgin, IL-IN-WI
• Population (ZIP): 34,144
• Household income: $88,960
• Rent vs Own: 28.3% rent · 71.7% own
• Severe rent burden: 725.0

Population outlook (Kenosha County) Hauer SSP2

• Today (2025): 174,032 people
• By 2030: 174,923 · +0.5%
• By 2040: 173,895 · -0.1%
• By 2050: 170,102 · -2.3%
• By 2075: 162,952 · -6.4%
• By 2100: 154,781 · -11.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Hispanic / Latino 16% Two or more races 14% Black 6% Asian 3%
• Hispanic origin (detail): Mexican 12% Puerto Rican 2%
• Common ancestry: Romanian 7% Portuguese 2% Lithuanian 2%
• Foreign-born: 10% · Canada, China
• Languages at home: 83% English-only · Spanish 12% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Kenosha

• 2024 margin: Lean R (+6.2) · D 46.2% · R 52.5% · Other 1.3%
• 2008→2024 swing: -24.3pp toward R · 2008: 18.1pp · 2024: -6.2pp
• All cycles: 2024: R+6.2 2020: R+3.1 2016: R+0.3 2012: D+12.3 2008: D+18.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -224.61%
• Current HPI: 238.3837
• Rent YoY: ▲ 4.12%
• Metro: Chicago-Naperville-Elgin, IL-IN-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

Price history

+139.4% since first listed

3 events — show timeline

• 2026-06-04 Listed $225,000 METROMLS
• 2026-04-28 Sold (Public Records) $175,000 Public Records
• 1999-09-01 Sold (Public Records) $94,000 Public Records

Property tax history

+0.4%/yr

Latest (2025): $3,011 · +5.7% YoY. Source: county tax records.