2932 W Juneau Ave · Milwaukee, WI 53208

$79,900

2 bd · 1.5 ba · 1,087 sqft · SingleFamily public records · 1 Days on market

Built 1904 3,049 sqft lot Est $102k · 22% 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
• DSCR +10.0/10.0
• 1% rule +9.5/10.0
• 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

Listing remarks

It is time to UNHOIST your HAMMERS from your HOLSTERS in this value-add OPPORTUNITY! Say HELLO to this QUICK sweat equity invitation where AFFORDABLE LIVING in Concordia neighborhood on Milwaukee's near west side, just west of downtown and near Marquette University! If you are a handy or ambitious investor searching for your next ADVENTURE - look no further. Seamless layout from top to bottom features original CHARACTER (even a upper bath connected to room with statement cieling!) All fundamentals & mechanicals are present. Partially-finished basement, 1-CAR ATTACHED garage! Solid exterior has ALUMINUM siding, some broken windows. This home is so AUTHENTIC, not even CHAPTGPT could be

Key facts

• Aluminum siding
• 3,049 sq ft lot
• Garage

Tags

• PARTIALLY-FINISHED BASEMENT
• 1-CAR ATTACHED GARAGE
• ALUMINUM SIDING

Property features AI

Finance

• Other: All items left behind at time of closing included

Exterior

• Parking: Attached 1-car garage
• Utilities: Municipal water; Municipal sewer
• Home design: 1.5-story single-family home; Assessor/public record for year built
• Construction: Less than 1/2 acre lot (approximately 0.07 acre); Zoned RT3
• Exterior features: Aluminum/steel exterior

Interior

• Kitchen: Kitchen (12 x 12)
• Bedrooms: Main level primary bedroom (12 x 13); Upper level bedroom (12 x 13); Upper level bedroom (16 x 13)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating; Natural gas fuel
• Interior features: Full basement; Living room on main level; Dining room on main level; Kitchen on main level

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $330 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Cap rate 11.2% 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); 95 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,017 units permitted in Milwaukee County in 2024 (803 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $552 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 $22k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $25k; list at $80k implies a 223% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

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

Recommended offer $79,900

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: 1.45% ✓
• Cap rate: 11.24%
• Cash-on-cash: 17.68%
• DSCR: 1.79
• GRM: 5.7

CMA / ARV

• ARV (on-the-fly): $102,178
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2932 W Juneau Ave	0.00mi	3/2.0 (+1)	1,087 (0%)	0mo	$75,000	$69	93
1209 N 25th St	0.29mi	3/1.0 (+1)	1,084 (-0%)	3mo	$106,000	$98	77
1431 N 24th Pl	0.42mi	3/1.0 (+1)	1,106 (+2%)	8mo	$47,900	$43	64
2459 W Walnut St	0.57mi	3/1.0 (+1)	1,108 (+2%)	4mo	$24,000	$22	60
3518 W Galena St	0.53mi	3/1.0 (+1)	1,118 (+3%)	4mo	$105,000	$94	60
1439 N 37th St	0.51mi	3/1.0 (+1)	1,116 (+3%)	7mo	$105,000	$94	59
3526 W Galena St	0.54mi	3/1.0 (+1)	1,118 (+3%)	5mo	$105,000	$94	58
1443 N 37th St	0.51mi	3/1.0 (+1)	1,118 (+3%)	8mo	$105,000	$94	58
3522 W Galena St	0.54mi	3/1.0 (+1)	1,118 (+3%)	8mo	$105,000	$94	57
532 N 26th St	0.68mi	3/1.0 (+1)	1,116 (+3%)	8mo	$92,000	$82	50
2471 W Cherry St	0.42mi	3/1.0 (+1)	953 (-12%)	9mo	$84,700	$89	46
1623 N 24th Pl	0.54mi	3/1.0 (+1)	924 (-15%)	1mo	$49,950	$54	42

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: 14.9%
• Equity multiple: 1.64×
• Total profit: $14,231
• Equity at exit: $11,913

10-year hold

• IRR: 27.3%
• Equity multiple: 4.02×
• Total profit: $67,549
• Equity at exit: $6,908

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

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: 95
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $1,162 high
• Mortgage (P&I): −$419
• Tax from tax record: −$136 /mo · $1,636/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$244
• Net cashflow: $330

Break-even live

Break-even rent $745

Max offer price $79,900

Occupancy floor 67%

Sensitivity live

Price	-10% $375	-5% $352	+0% $330	+5% $307	+10% $284
Rent	-10% $238	-5% $284	+0% $330	+5% $376	+10% $421
Rate	-1.0pp $370	-0.5pp $350	base $330	+0.5pp $309	+1.0pp $288

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: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2610 W Juneau Ave Unit 2610 Milwaukee, WI	3.0	1.0	893	$1,400	$1.57	24d	1	0.22mi
3303 W Juneau Ave Unit 5 Milwaukee, WI	2.0	1.0	750	$945	$1.26	44d	1	0.23mi
1135 N 33rd St Unit 2 Milwaukee, WI	2.0	1.0	850	$995	$1.17	44d	1	0.23mi
1235 N 26th St Milwaukee, WI	3.0	1.0	900	$950	$1.06	44d	1	0.23mi
1239 N 26th St Unit 1 Milwaukee, WI	3.0	1.0	1300	$1,400	$1.08	44d	1	0.23mi
1239 N 26th St Unit 1 Milwaukee, WI	3.0	1.0	1300	$1,400	$1.08	45d	1	0.23mi
1515 N 32nd St Unit 1515 Milwaukee, WI	3.0	1.0	1200	$1,245	$1.04	5d	1	0.35mi
936 N 25th St Unit 1 Milwaukee, WI	2.0	1.0	900	$1,338	$1.49	44d	1	0.41mi
3109 W Walnut St Milwaukee, WI	2.0	1.0	1000	$1,095	$1.09	44d	1	0.47mi
1639 N 33rd St Milwaukee, WI	3.0	1.0	1424	$950	$0.67	24d	1	0.50mi
825 N 22nd St Milwaukee, WI	2.0	1.0	675	$1,088	$1.61	5d	5	0.62mi
2125 W Kilbourn Ave Unit 15 Milwaukee, WI	2.0	1.0	800	$1,395	$1.74	44d	1	0.63mi
1430 N 21st St Unit 2 Milwaukee, WI	2.0	1.0	1000	$975	$0.97	44d	1	0.66mi
502-504 N 32nd St Unit 1 Left Lower Milwaukee, WI	2.0	1.0	750	$875	$1.17	18d	1	0.68mi
4232 W Highland Blvd Milwaukee, WI	2.0	1.0	700	$950	$1.36	15d	1	0.70mi
2217 W Wisconsin Ave Unit 05 Milwaukee, WI	1.0	1.0	900	$1,085	$1.21	44d	1	0.72mi
2319 W Michigan St Unit 310 Milwaukee, WI	1.0	1.0	798	$725	$0.91	17d	1	0.75mi
2001 N 38th St #2003 Milwaukee, WI	3.0	1.0	1326	$950	$0.72	3d	1	0.90mi
2016 W Clybourn St Milwaukee, WI	1.0	1.0	800	$1,100	$1.38	15d	1	0.92mi
501 N 20th St Apt C Milwaukee, WI	3.0	2.0	1122	$1,800	$1.60	18d	1	0.93mi
2201 N 32nd St Unit 2201 Milwaukee, WI	3.0	1.0	1100	$1,195	$1.09	17d	1	0.94mi
417 N 39th St Unit 6 Milwaukee, WI	2.0	1.0	750	$1,095	$1.46	44d	1	0.96mi
1521 W Kilbourn Ave Milwaukee, WI	1.0	1.0	743	$1,395	$1.88	44d	1	1.00mi
1116 N 13th St Milwaukee, WI	3.0	1.0	1400	$1,345	$0.96	15d	1	1.15mi
2251 N 41st St Unit Lower Milwaukee, WI	3.0	1.0	1187	$1,198	$1.01	15d	1	1.22mi
2403-2405 N 39th St Unit 2403 Lower Milwaukee, WI	3.0	1.0	1200	$995	$0.83	11d	1	1.29mi
2403-2405 N 39th St Unit 2405 Upper Milwaukee, WI	3.0	1.0	1141	$995	$0.87	11d	1	1.29mi
2232 N 44th St Unit 2234 Upper Milwaukee, WI	3.0	1.0	1000	$1,195	$1.20	44d	1	1.31mi
2530 N 28th St Unit 2530 Lower Milwaukee, WI	2.0	1.0	764	$995	$1.30	15d	1	1.32mi
1009 W Juneau Ave Unit 114 Milwaukee, WI	2.0	1.5	900	$2,350	$2.61	44d	1	1.34mi
1303 N 10th St Milwaukee, WI	3.0	1.0–2.0	797	$2,418	$3.03	3d	26	1.34mi
2809 W Clarke St Unit 12811 Milwaukee, WI	3.0	1.0	1400	$1,200	$0.86	18d	1	1.37mi
2530 N 37th St Milwaukee, WI	2.0	1.0	1037	$1,000	$0.96	15d	1	1.38mi
2550 N 36th St Unit 2550A Upper Milwaukee, WI	2.0	1.0	711	$845	$1.19	24d	1	1.39mi
1125 N 9th St Unit 1379036P Milwaukee, WI	2.0	1.0	731	$3,063	$4.19	24d	1	1.40mi
2331 N 44th St #2333 Milwaukee, WI	2.0	1.0	1000	$995	$0.99	44d	1	1.40mi
1125 N 9th St Unit 111 Milwaukee, WI	2.0	1.0	735	$1,550	$2.11	44d	1	1.40mi
1125 N 9th St Unit 1379037P Milwaukee, WI	2.0	1.0	731	$2,717	$3.72	44d	1	1.41mi
1125 N 9th St Unit 1379032P Milwaukee, WI	2.0	1.0	731	$2,975	$4.07	3d	1	1.41mi
901 W Winnebago St Milwaukee, WI	1.0–3.0	1.0–2.0	1359	$1,937	$1.43	3d	10	1.42mi

Listing history 3 events

1. 2026-05-26
   status Pending
2. 2026-05-25
   listed $79,900 Active
3. 1991-07-01
   soldstatus $24,700

ⓘ 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: $1,636 · $136/mo
• Projected year-2 tax: $1,636 · $136/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: $13,949
• − Mortgage interest: −$4,476
• − Property taxes: −$1,636
• − Insurance: −$400
• − Repairs & maintenance: −$1,116
• − Management: −$1,116
• − Depreciation: −$2,324
• Taxable income: $2,881
• Est. tax owed @ 24.0%: −$692
• After-tax cash flow: $3,264/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

+223.5% since first listed

3 events — show timeline

• 2026-05-26 Pending — METROMLS
• 2026-05-25 Listed $79,900 METROMLS
• 1991-07-01 Sold (Public Records) $24,700 Public Records

Property tax history

-0.2%/yr

Latest (2024): $1,636 · -31.5% YoY. Source: county tax records.