3103 W Juneau Ave · Milwaukee, WI 53208

$70,000

3 bd · 2.0 ba · 2,079 sqft · MultiFamily public records · 56 Days on market

Built 1920 6,534 sqft lot Est $133k · 47% 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 +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +5.0/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• 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 MLS

2/1 duplex in Dousman neighborhood, circuit breakers, full basement, rear parking for 2-3+ on paved slab. Tenant occupied. Pre-approval or proof of funds required with all offers. Property being sold AS-IS. Sq ft and lot size per city records, rm sizes are estimates and should be verified. Special financing available to qualified buyers, seller discount on bulk purchase.

Key facts

• 6,534 sq ft lot
• Parking
• Built 1920

🏷️ Possibly a rental listed for sale. The $70,000 price doesn't fit this home's estimated sale value (~$133,056) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2 × 3-bed/2.0-bath units multifamily listed at $70k.

Deal economics

• At list price, monthly cash flow is $1k ($16k/yr) — positive. Per door: $681/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $70k).
• Recommended offer: $68k (3.0% below list) — sets the bar for market timing.
• Cap rate 29.6% 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 (+10.8%/yr); 92 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 1,017 units permitted in Milwaukee County in 2024 (803 in 5+ unit buildings).
• At $2,418/mo this rent would consume 55% of the median local household income ($53k/yr) (locally 1568% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $484 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $20k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 56 days — a 3% lower offer ($68k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 13y ago; this cycle's ask has dropped $66k (48%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $25k; list at $70k implies a 180% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price; built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $67,900 (3.0% below list)

Questions for the listing agent

1. It's been on market 56 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 3.45% ✓
• Cap rate: 29.64%
• Cash-on-cash: 83.38%
• DSCR: 4.71
• GRM: 2.4

CMA / ARV

• ARV (on-the-fly): $133,056
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1429 N 26th St #1431	0.40mi	4/2.0 (+1)	2,112 (+2%)	11mo	$65,000	$31	65
2802 W Juneau Ave #2804	0.19mi	4/2.0 (+1)	2,191 (+5%)	16mo	$140,000	$64	64
1222 N 26th St #1224	0.34mi	4/2.0 (+1)	1,888 (-9%)	0mo	$155,000	$82	63
3429 W Juneau Ave #3431	0.24mi	4/2.0 (+1)	2,262 (+9%)	11mo	$125,000	$55	60
1713 N 29th St #1715	0.53mi	4/2.0 (+1)	2,191 (+5%)	3mo	$97,000	$44	59
1536 N 38th St #1538	0.54mi	4/2.0 (+1)	1,970 (-5%)	6mo	$135,000	$69	56
3709 W Miller Ln	0.44mi	3/2.0	1,796 (-14%)	2mo	$235,000	$131	55
1822 N 26th St #1824	0.66mi	4/2.0 (+1)	2,106 (+1%)	13mo	$60,000	$28	51
1506 N 33rd St Unit 1506A	0.34mi	4/2.0 (+1)	1,778 (-14%)	12mo	$69,900	$39	45
3733 W Sarnow St #3735	0.71mi	4/2.0 (+1)	2,288 (+10%)	2mo	$157,000	$69	43
1925 N 27th St #1927	0.72mi	4/2.0 (+1)	2,266 (+9%)	4mo	$90,000	$40	43
1817 N 36th St #1819	0.64mi	4/2.0 (+1)	1,884 (-9%)	12mo	$135,000	$72	39

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 89.5%
• Equity multiple: 5.50×
• Total profit: $88,251
• Equity at exit: $10,437

10-year hold

• IRR: 93.7%
• Equity multiple: 13.60×
• Total profit: $247,007
• Equity at exit: $6,052

Cash invested: $19,600 (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 53208

• Home prices YoY: -27.1%
• Rents YoY: 10.8%
• Active inventory: 92
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $2,418 high
• Mortgage (P&I): −$367
• Tax from tax record: −$152 /mo · $1,825/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$508
• Net cashflow: $1,362

Break-even live

Break-even rent $694

Max offer price $70,000

Occupancy floor 39%

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

Units	Beds	Baths	Est. rent
▸ 2× units	3	2	$2,418
Total (2 units)			$2,418

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: $17,500
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1639 N 33rd St Milwaukee, WI	3.0	1.0	1424	$950	$0.67	23d	1	0.46mi
2419 W McKinley Ave Milwaukee, WI	2.0	1.0	1852	$1,200	$0.65	43d	1	0.49mi
2119 W Brown St Milwaukee, WI	3.0	1.0	1754	$995	$0.57	3d	1	0.97mi
4802 W Wells St Unit 4802-1 Milwaukee, WI	3.0	2.0	1700	$1,799	$1.06	43d	1	1.15mi
1116 N 13th St Milwaukee, WI	3.0	1.0	1400	$1,345	$0.96	14d	1	1.25mi
2809 W Clarke St Unit 12811 Milwaukee, WI	3.0	1.0	1400	$1,200	$0.86	17d	1	1.38mi
1607 N 52nd St Unit Lower Milwaukee, WI	2.0	1.0	1518	$1,648	$1.09	3d	1	1.38mi
1609 N 52nd St Unit Upper Milwaukee, WI	2.0	1.0	1518	$1,648	$1.09	3d	1	1.38mi
1750 N 53rd St Unit 1750 Milwaukee, WI	2.0	1.0	1500	$1,500	$1.00	17d	1	1.46mi

Listing history 8 events

1. 2025-12-01
   status Pending
2. 2025-11-18
   price $70,000
3. 2025-10-06
   listed $135,650 Active
4. 2013-04-05
   listed $29,900 373-char remark

   Show marketing remark (373 chars)

   2/1 duplex in Dousman neighborhood, circuit breakers, full basement, rear parking for 2-3+ on paved slab. Tenant occupied. Pre-approval or proof of funds required with all offers. Property being sold AS-IS. Sq ft and lot size per city records, rm sizes are estimates and should be verified. Special financing available to qualified buyers, seller discount on bulk purchase.

5. 2013-04-05
   historical 373-char remark

   Show marketing remark (373 chars)

   2/1 duplex in Dousman neighborhood, circuit breakers, full basement, rear parking for 2-3+ on paved slab. Tenant occupied. Pre-approval or proof of funds required with all offers. Property being sold AS-IS. Sq ft and lot size per city records, rm sizes are estimates and should be verified. Special financing available to qualified buyers, seller discount on bulk purchase.

6. 2012-03-26
   soldstatus $25,000 373-char remark

   Show marketing remark (373 chars)

   2/1 duplex in Dousman neighborhood, circuit breakers, full basement, rear parking for 2-3+ on paved slab. Tenant occupied. Pre-approval or proof of funds required with all offers. Property being sold AS-IS. Sq ft and lot size per city records, rm sizes are estimates and should be verified. Special financing available to qualified buyers, seller discount on bulk purchase.

7. 2004-05-03
   soldstatus $55,000
8. 1983-06-01
   soldstatus $29,000

ⓘ 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: $1,825 · $152/mo
• Projected year-2 tax: $1,825 · $152/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 ≥98°F today · 13 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,016
• − Mortgage interest: −$3,921
• − Property taxes: −$1,825
• − Insurance: −$350
• − Repairs & maintenance: −$2,321
• − Management: −$2,321
• − Depreciation: −$2,036
• Taxable income: $16,241
• Est. tax owed @ 24.0%: −$3,898
• After-tax cash flow: $12,445/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

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

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): 27,201
• Household income: $52,690
• Rent vs Own: 60.8% rent · 39.2% own
• Severe rent burden: 1568.0

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: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: Black 41% White 36% Hispanic / Latino 10% Asian 9% Two or more races 6%
• Hispanic origin (detail): Mexican 7% Puerto Rican 2%
• Common ancestry: Romanian 5% Italian 2% Lithuanian 2%
• Foreign-born: 9% · Canada, Philippines
• Languages at home: 84% English-only · Other Asian/Pacific 6% Spanish 6% French/Haitian/Cajun 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: ▼ -123.92%
• Current HPI: 333.7268
• Rent YoY: ▲ 10.78%
• 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

Price history

+141.4% since first listed

8 events — show timeline

• 2025-12-01 Pending — METROMLS
• 2025-11-18 Price Changed $70,000 METROMLS
• 2025-10-06 Listed $135,650 METROMLS
• 2013-04-05 Listing Removed — METROMLS
• 2013-04-05 Listed $29,900 METROMLS
• 2012-03-26 Sold (MLS) $25,000 METROMLS
• 2004-05-03 Sold (Public Records) $55,000 Public Records
• 1983-06-01 Sold (Public Records) $29,000 Public Records

Property tax history

-5.5%/yr

Latest (2023): $1,825 · -0.8% YoY. Source: county tax records.