2832 N 14th St · Milwaukee, WI 53206

$1,000

4 bd · 1.5 ba · 1,273 sqft · SingleFamily public records · 21 Days on market

Built 1904 0.27 ac lot

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Why this score? — see what drove the C- 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 +15.0/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +4.6/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0

Listing remarks MLS

All room sizes have been estimated. Investors get out your tool boxes. TLC needed, but still a good investment. Tenant could pay $1200 or more monthly for this rare 4 bedroom, with one and a half baths! There's a 1 car garage and side drive for off-street parking. Hey! Run a group home, or a day care. Run a home based business, or whatever your pleasure! The possibilities are endless! This is a very spacious home in an up and coming area, which makes this home a no brainer! Don't delay, make your appointment today! Property Management can stay in place if needed. Property being sold as is. Package deal available for only $660K for 11 properties. See documents tab for a list of all properties.

Key facts

• 0.27 acre lot
• Garage
• Built 1904

🏷️ Possibly a rental listed for sale. The $1,000 price doesn't fit this home's estimated sale value (~$82,745) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $1k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $1k).
• Recommended offer: $985 (1.5% below list) — sets the bar for market timing.
• Cap rate 1263.3% 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; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 $1,335/mo this rent would consume 55% 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 $107 of equity ($7 loan paydown + $100 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 $280 cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($985) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1904 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $985 (1.5% below list)

Questions for the listing agent

1. Built in 1904 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 133.48% ✓
• Cap rate: 1263.34%
• Cash-on-cash: 4489.46%
• DSCR: 200.76
• GRM: 0.1

CMA / ARV

• ARV (on-the-fly): $82,745
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2937 N 11th St	0.22mi	4/2.0	1,347 (+6%)	1mo	$155,000	$115	77
2748 N 11th St	0.22mi	3/1.0 (-1)	1,200 (-6%)	2mo	$54,900	$46	72
2453 N 15th St	0.49mi	4/2.0	1,329 (+4%)	0mo	$135,000	$102	68
3311 N 8th St	0.73mi	4/1.0	1,259 (-1%)	2mo	$63,000	$50	60
3162 N 16th St	0.43mi	3/1.0 (-1)	1,200 (-6%)	4mo	$56,000	$47	60
2513 N Teutonia Ave	0.41mi	3/1.0 (-1)	1,164 (-9%)	1mo	$5,500	$5	59
3003 N 20th St	0.49mi	4/1.0	1,437 (+13%)	2mo	$93,000	$65	53
3157 N 15th St	0.41mi	3/1.5 (-1)	1,118 (-12%)	4mo	$78,000	$70	52
2350 N 18th St	0.67mi	5/1.0 (+1)	1,329 (+4%)	4mo	$45,000	$34	51
1508 W Concordia Ave	0.62mi	3/1.0 (-1)	1,190 (-6%)	3mo	$150,000	$126	51
3024 N 20th St	0.48mi	4/1.0	1,461 (+15%)	4mo	$68,000	$47	47
2920 N 22nd St	0.55mi	3/1.0 (-1)	1,118 (-12%)	2mo	$105,000	$94	46

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

5-year hold

• IRR: —
• Equity multiple: 266.49×
• Total profit: $74,337
• Equity at exit: $901

10-year hold

• IRR: —
• Equity multiple: 657.99×
• Total profit: $183,958
• Equity at exit: $1,943

Cash invested: $280 (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 53206

• Rents YoY: 8.3%
• Active inventory: 150
• Price-to-rent: 0.1×

Monthly cashflow live

• Estimated rent: $1,335 high
• Mortgage (P&I): −$5
• Tax est. 1.5%: −$1 /mo · $15/yr
• Insurance: −$0
• HOA: −$0
• Vacancy / Maint / Mgmt: −$280
• Net cashflow: $1,048

Break-even live

Break-even rent $9

Max offer price $1,000

Occupancy floor 17%

Sensitivity live

Price	-10% $1,048	-5% $1,048	+0% $1,048	+5% $1,047	+10% $1,047
Rent	-10% $942	-5% $995	+0% $1,048	+5% $1,100	+10% $1,153
Rate	-1.0pp $1,048	-0.5pp $1,048	base $1,048	+0.5pp $1,047	+1.0pp $1,047

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: $250
• Closing costs: $30
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3045 N 11th St #3047 Milwaukee, WI	3.0	1.0	1065	$1,175	$1.10	5d	1	0.34mi
3298 N 13th St Milwaukee, WI	3.0	1.0	885	$895	$1.01	44d	1	0.62mi
2741 N 23rd St Milwaukee, WI	3.0	1.0	900	$1,050	$1.17	15d	1	0.64mi
2741 N 23rd St Unit 2 Milwaukee, WI	3.0	1.0	1000	$1,100	$1.10	17d	1	0.64mi
2945 N 23rd St Milwaukee, WI	3.0	1.0	1014	$1,195	$1.18	44d	1	0.65mi
2308 W Clarke St Milwaukee, WI	4.0	2.0	1545	$1,750	$1.13	24d	1	0.69mi
2577 N Vel R Phillips Ave Milwaukee, WI	3.0	1.0	1048	$1,400	$1.34	17d	1	0.73mi
3416 N 17th St Unit 1 Milwaukee, WI	3.0	1.0	1200	$1,100	$0.92	44d	1	0.75mi
2765 N 26th St Unit 1 Milwaukee, WI	3.0	1.0	1125	$1,200	$1.07	5d	1	0.88mi
2106A W Keefe Ave Unit 2106 Lower Milwaukee, WI	3.0	1.0	1300	$1,100	$0.85	17d	1	1.00mi
2724 N Palmer St Milwaukee, WI	3.0	1.0	900	$1,300	$1.44	44d	1	1.01mi
2870 N 29th St #2872 Milwaukee, WI	3.0	1.0	1300	$1,250	$0.96	44d	1	1.04mi
3042 N Palmer St #5 Milwaukee, WI	3.0	1.0	1718	$1,050	$0.61	24d	1	1.04mi
2809 W Clarke St Unit 12811 Milwaukee, WI	3.0	1.0	1400	$1,200	$0.86	17d	1	1.06mi
223 E Burleigh St Unit 223 Milwaukee, WI	4.0	1.0	1153	$1,395	$1.21	44d	1	1.07mi
2119 W Brown St Milwaukee, WI	3.0	1.0	1754	$995	$0.57	3d	1	1.10mi
2704 W Concordia Ave Unit Na Milwaukee, WI	5.0	2.0	1856	$2,500	$1.35	24d	1	1.14mi
3388 N 27th St Unit 3388 Front House Milwaukee, WI	4.0	1.0	1212	$1,550	$1.28	5d	1	1.19mi
2507 N Buffum St Milwaukee, WI	3.0	1.0	1300	$1,375	$1.06	20d	1	1.19mi
2821 W Concordia Ave Milwaukee, WI	3.0	1.5	1098	$1,595	$1.45	2d	1	1.20mi
3029 N Holton St Milwaukee, WI	3.0	1.0	980	$1,200	$1.22	44d	1	1.21mi
3100 W Center St Milwaukee, WI	3.0	2.0	1174	$1,531	$1.30	2d	1	1.24mi
400 E Meinecke Ave #402 Milwaukee, WI	3.0	1.0	1700	$1,800	$1.06	17d	1	1.26mi
524 E Wright St Milwaukee, WI	3.0	1.0	900	$1,275	$1.42	15d	1	1.31mi
3703 N 1st St Unit Upper-3705 Milwaukee, WI	3.0	1.0	1034	$1,200	$1.16	44d	1	1.32mi
312 E Townsend St Unit 312 Milwaukee, WI	3.0	1.0	1400	$1,250	$0.89	24d	1	1.33mi
2772 N Bremen St #2774 Milwaukee, WI	3.0	1.0	1500	$1,795	$1.20	44d	1	1.47mi
2201 N 32nd St Unit 2201 Milwaukee, WI	3.0	1.0	1100	$1,195	$1.09	17d	1	1.47mi

Listing history 23 events

1. 2026-06-18
   days on market $1,000 Active 21 DOM
2. 2026-06-17
   days on market $1,000 Active 20 DOM
3. 2026-06-16
   days on market $1,000 Active 19 DOM
4. 2026-06-15
   days on market $1,000 Active 18 DOM
5. 2026-06-13
   days on market $1,000 Active 16 DOM
6. 2026-06-13
   days on market $1,000 Active 15 DOM
7. 2026-06-09
   days on market $1,000 Active 12 DOM
8. 2026-06-08
   days on market $1,000 Active 11 DOM
9. 2026-06-07
   days on market $1,000 Active 10 DOM
10. 2026-06-05
    days on market $1,000 Active 7 DOM
11. 2026-06-03
    days on market $1,000 Active 6 DOM
12. 2026-06-02
    days on market $1,000 Active 5 DOM
13. 2026-06-01
    days on market $1,000 Active 4 DOM
14. 2026-05-31
    days on market $1,000 Active 3 DOM
15. 2026-03-30
    status Pending
16. 2026-03-11
    listed $1,000 Active
17. 2024-03-30
    status Pending 701-char remark

    Show marketing remark (701 chars)

    All room sizes have been estimated. Investors get out your tool boxes. TLC needed, but still a good investment. Tenant could pay $1200 or more monthly for this rare 4 bedroom, with one and a half baths! There's a 1 car garage and side drive for off-street parking. Hey! Run a group home, or a day care. Run a home based business, or whatever your pleasure! The possibilities are endless! This is a very spacious home in an up and coming area, which makes this home a no brainer! Don't delay, make your appointment today! Property Management can stay in place if needed. Property being sold as is. Package deal available for only $660K for 11 properties. See documents tab for a list of all properties.

18. 2024-03-29
    historical 701-char remark

    Show marketing remark (701 chars)

    All room sizes have been estimated. Investors get out your tool boxes. TLC needed, but still a good investment. Tenant could pay $1200 or more monthly for this rare 4 bedroom, with one and a half baths! There's a 1 car garage and side drive for off-street parking. Hey! Run a group home, or a day care. Run a home based business, or whatever your pleasure! The possibilities are endless! This is a very spacious home in an up and coming area, which makes this home a no brainer! Don't delay, make your appointment today! Property Management can stay in place if needed. Property being sold as is. Package deal available for only $660K for 11 properties. See documents tab for a list of all properties.

19. 2024-03-10
    listed $44,900 Active 701-char remark

    Show marketing remark (701 chars)

    All room sizes have been estimated. Investors get out your tool boxes. TLC needed, but still a good investment. Tenant could pay $1200 or more monthly for this rare 4 bedroom, with one and a half baths! There's a 1 car garage and side drive for off-street parking. Hey! Run a group home, or a day care. Run a home based business, or whatever your pleasure! The possibilities are endless! This is a very spacious home in an up and coming area, which makes this home a no brainer! Don't delay, make your appointment today! Property Management can stay in place if needed. Property being sold as is. Package deal available for only $660K for 11 properties. See documents tab for a list of all properties.

20. 2023-08-13
    historical 569-char remark

    Show marketing remark (569 chars)

    All room sizes have been estimated. Investors get out your tool boxes. TLC needed, but still a good investment. Tenant could pay $1200 or more monthly for this rare 4 bedroom, with one and a half baths! There's a 1 car garage and side drive for off-street parking. Hey! Run a group home, or a day care. Run a home based business, or whatever your pleasure! The possibilities are endless! This is a very spacious home in an up and coming area, which makes this home a no brainer! Don't delay, make your appointment today! Property Management can stay in place if needed.

21. 2023-03-12
    listed $79,900 Active 569-char remark

    Show marketing remark (569 chars)

    All room sizes have been estimated. Investors get out your tool boxes. TLC needed, but still a good investment. Tenant could pay $1200 or more monthly for this rare 4 bedroom, with one and a half baths! There's a 1 car garage and side drive for off-street parking. Hey! Run a group home, or a day care. Run a home based business, or whatever your pleasure! The possibilities are endless! This is a very spacious home in an up and coming area, which makes this home a no brainer! Don't delay, make your appointment today! Property Management can stay in place if needed.

22. 2022-03-02
    soldstatus $713,000
23. 2022-03-02
    soldstatus $713,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,017
• − Mortgage interest: −$56
• − Property taxes: −$15
• − Insurance: −$5
• − Repairs & maintenance: −$1,281
• − Management: −$1,281
• − Depreciation: −$29
• Taxable income: $13,349
• Est. tax owed @ 24.0%: −$3,204
• After-tax cash flow: $9,367/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): 19,887
• Household income: $29,336
• Rent vs Own: 67.8% rent · 32.2% 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
▸Industrial Technology	2	$36B
▸Insurance	1	$36B
▸Professional Services	1	$19B
▸Utilities	1	$9B
▸Consumer Goods	1	$3B

Price history

-99.9% since first listed

9 events — show timeline

• 2026-03-30 Pending — METROMLS
• 2026-03-11 Listed $1,000 METROMLS
• 2024-03-30 Pending — METROMLS
• 2024-03-29 Listing Removed — METROMLS
• 2024-03-10 Listed $44,900 METROMLS
• 2023-08-13 Listing Removed — METROMLS
• 2023-03-12 Listed $79,900 METROMLS
• 2022-03-02 Sold (Public Records) $713,000 Public Records
• 2022-03-02 Sold (Public Records) $713,000 Public Records

Property tax history

+15.2%/yr

Latest (2024): $9,280 · +71.8% YoY. Source: county tax records.