Duplex
1742 N Pulaski St #1744 · 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 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 +17.8/30.0
- ARV discount +13.4/15.0
- DSCR +5.6/10.0
- 1% rule +4.8/10.0
- Livability +4.0/5.0
- Condition / age +3.8/5.0
- Rent growth +2.9/5.0
- Schools +1.2/10.0
- Appreciation +0.0/10.0
$399,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed
Listing remarks MLS
Returning to market soon! Turnkey Lower East Side duplex just steps from Brady Street's dining, shopping, & entertainment. This well-maintained upper/lower bldg offers 2 thoughtfully updated units - lower unit has 2 bedrooms, 1 bath; upper unit has 4 bedrooms, 1 bath, plus a finished 3rd floor with skylights and a generous flex space. Both units feature hardwood floors, arched doorways, built-ins, crown molding, formal dining rooms, & spacious kitchens w/ butler's pantries. All appliances included. Private back entrance provides independent access to all 3 levels. Extensive owner updates from 2022-2026 include new carpet, refinished hardwoods, fresh paint, and new fixtures. Laundry on site. Boilers replaced 2016, roof replaced 2020.
Key facts
- Updated units
- Turnkey duplex
- Flex space
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2 × 4-bed/?-bath units multifamily listed at $399k. Condition is rated good.
- This rent per unit runs 33% of the median local income ($71k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Deal economics
- At list price, monthly cash flow is $327 ($4k/yr) — positive. Per door: $163/mo.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $390k (2.2% below list).
- Recommended offer: $390k (2.2% below list) — sets the bar for 1% rule.
- Cap rate 7.3% vs local median 4.7% 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 (+1.6%/yr); 243 active listings in the ZIP; 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 $3k of loan paydown is wiped out by about $12k 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.
Negotiation context
- It's been on market 23 days — a 2% lower offer ($393k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 10y ago; this cycle's ask has dropped $50k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $325k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1913 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1913 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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
- 0.98% ✗
- Cap rate
- 7.28%
- Cash-on-cash
- 3.51%
- DSCR
- 1.16
- GRM
- 8.5
CMA / ARV
- ARV (median comp)
- $458,942
- List price
- $399,000
- Delta
- -13.06%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2734 N Murray Ave | 1.11mi | 8/2.0 | 3,092 (+5%) | 6mo | $425,000 | $137 | 51 |
| 2856 N Frederick Ave #2858 | 1.30mi | 8/2.0 | 3,092 (+5%) | 14mo | $500,000 | $162 | 44 |
| 2312 N Weil St #2314 | 0.47mi | 7/3.0 (-1) | 3,172 (+8%) | 17mo | $425,000 | $134 | 42 |
| 2931 N 2nd St #2933 | 1.50mi | 8/2.0 | 3,146 (+7%) | 14mo | $115,000 | $37 | 41 |
| 2833 N Downer Ave | 1.42mi | 7/3.0 (-1) | 2,803 (-5%) | 16mo | $415,000 | $148 | 35 |
| 2914 N Bartlett Ave #2916 | 1.25mi | 8/2.0 | 2,658 (-10%) | 20mo | $484,000 | $182 | 32 |
| 1806 E Webster Pl #1808 | 0.86mi | 7/2.0 (-1) | 2,731 (-7%) | 27mo | $430,000 | $157 | 28 |
| 2532 N Holton St Unit 2532A | 0.86mi | 7/2.5 (-1) | 2,589 (-12%) | 13mo | $260,000 | $100 | 28 |
| 2744 N Stowell Ave #2746 | 1.30mi | 7/3.0 (-1) | 3,542 (+21%) | 5mo | $515,000 | $145 | 27 |
| 2520 N Oakland Ave #2522 | 0.82mi | 7/2.0 (-1) | 2,634 (-10%) | 23mo | $395,000 | $150 | 23 |
| 2906 N Newhall St #2904 | 1.22mi | 7/2.0 (-1) | 2,270 (-23%) | 16mo | $400,000 | $176 | 22 |
| 2638 N Farwell Ave #2640 | 1.15mi | 7/2.0 (-1) | 3,672 (+25%) | 21mo | $427,000 | $116 | 17 |
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 · 1.56% rent growth · sell at horizon
- IRR
- -12.4%
- Equity multiple
- 0.56×
- Total profit
- $-49,361
- Equity at exit
- $59,492
- IRR
- -5.6%
- Equity multiple
- 0.66×
- Total profit
- $-38,176
- Equity at exit
- $34,498
Cash invested: $111,720 (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
Active competition Active MLS
- For sale now
- 9 active
- Median asking
- $389,900 ($137/sqft)
- Median days on market
- 29 d
- This list price
- 56% of active listings are priced below it
- ARV vs active asking
- +14.1% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 53202
- Rents YoY
- 1.6%
- Active inventory
- 243
- Price-to-rent
- 17.0×
Monthly cashflow live
- Estimated rent
- $3,904 high interval (Pro) →
- Mortgage (P&I)
- −$2,092
- Tax est. 1.5%
- −$499 /mo · $5,985/yr
- Insurance
- −$166
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$820
- Net cashflow
- $327
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 4 | — | $3,904 |
| #1 | 4 | — | $1,952 |
| #2 | 4 | — | $1,952 |
| Total (2 units) | $3,904 | ||
Break-even live
Sensitivity live
| Price | -10% $603 | -5% $465 | +0% $327 | +5% $189 | +10% $51 |
|---|---|---|---|---|---|
| Rent | -10% $18 | -5% $173 | +0% $327 | +5% $481 | +10% $635 |
| Rate | -1.0pp $528 | -0.5pp $428 | base $327 | +0.5pp $223 | +1.0pp $118 |
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
- $99,750
- Closing costs
- $11,970
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1757 N Franklin Pl Milwaukee, WI | 3.0 | 1.5 | 1978 | $2,495 | $1.26 | 10d | 1 | 0.06mi |
| 1234-1238 E Brady St Milwaukee, WI | 2.0 | 1.0 | 800 | $1,240 | $1.55 | 74d | 1 | 0.06mi |
| 1818 N Pulaski St Unit 4 Upper Rear Milwaukee, WI | 2.0 | 1.0 | — | $1,250 | — | 100d | 1 | 0.06mi |
| 1818 N Pulaski St Unit 2 Lower Rear Milwaukee, WI | 1.0 | 1.0 | — | $1,050 | — | 119d | 1 | 0.06mi |
| 1116 E Hamilton St Milwaukee, WI | 3.0 | 2.0 | 1400 | $1,750 | $1.25 | 112d | 1 | 0.09mi |
| 1729 N Warren Ave Unit A Milwaukee, WI | 2.0 | 1.0 | 2 | $1,395 | $697.50 | 10d | 1 | 0.10mi |
| 1729 N Warren Ave Unit 1731B Milwaukee, WI | 2.0 | 2.0 | 3 | $1,525 | $508.33 | 10d | 1 | 0.10mi |
| 1660 N Arlington Pl Milwaukee, WI | 1.0 | 1.0 | — | $895 | — | 100d | 1 | 0.11mi |
| 1660 N Arlington Pl Milwaukee, WI | 2.0 | 1.0 | — | $995 | — | 119d | 1 | 0.11mi |
| 1811 N Warren Ave Milwaukee, WI | 1.0 | 1.0 | — | $1,099 | — | 112d | 1 | 0.11mi |
| 1809 N Humboldt Ave Milwaukee, WI | 1.0 | 2.0 | 1739 | $1,695 | $0.97 | 10d | 1 | 0.13mi |
| 1207 E Kane Pl Lowr Lower Milwaukee, WI | 1.0 | 1.0 | — | $1,200 | — | 10d | 1 | 0.13mi |
| 1701 N Humboldt Ave Milwaukee, WI | 2.0 | 1.0–2.0 | 779 | $2,250 | $2.89 | 5d | 1 | 0.13mi |
| 1219 E Kane Pl Milwaukee, WI | 2.0 | 1.0 | 1250 | $1,800 | $1.44 | 139d | 1 | 0.13mi |
| 1822 N Warren Ave Milwaukee, WI | 2.0 | 1.0 | 2 | $1,595 | $797.50 | 139d | 1 | 0.14mi |
| 1025 E Land Pl Milwaukee, WI | 3.0 | 1.0 | 1560 | $1,750 | $1.12 | 119d | 1 | 0.15mi |
| 1743 N Cambridge Ave Milwaukee, WI | 1.0 | 1.0 | 564 | $1,499 | $2.66 | 0d | 6 | 0.16mi |
| 1632 N Franklin Pl Apt 306 Milwaukee, WI | 2.0 | 2.0 | 1131 | $2,395 | $2.12 | 10d | 1 | 0.16mi |
| 1809 N Cambridge Ave Apt 301 Milwaukee, WI | 1.0 | 1.0 | 760 | $1,610 | $2.12 | 4d | 1 | 0.17mi |
| 1809 N Cambridge Ave Apt 509 Milwaukee, WI | 1.0 | 1.0 | 755 | $1,585 | $2.10 | 5d | 1 | 0.17mi |
| 1809 N Cambridge Ave Apt 201 Milwaukee, WI | 1.0 | 1.0 | 760 | $1,590 | $2.09 | 112d | 1 | 0.17mi |
| 1632 N Franklin Pl Unit 317 Milwaukee, WI | 1.0 | 1.0 | 813 | $1,705 | $2.10 | 139d | 1 | 0.17mi |
| 1632 N Franklin Pl Unit 219 Milwaukee, WI | 2.0 | 2.0 | 1009 | $2,295 | $2.27 | 6d | 1 | 0.17mi |
| 1809 N Cambridge Ave Apt 305 Milwaukee, WI | 1.0 | 1.0 | 680 | $1,465 | $2.15 | 139d | 1 | 0.17mi |
| 1809 N Cambridge Ave Apt 204 Milwaukee, WI | 1.0 | 1.0 | 750 | $1,495 | $1.99 | 139d | 1 | 0.17mi |
| 1632 N Franklin Pl Unit 1379008P Milwaukee, WI | 1.0 | 1.0 | 818 | $3,296 | $4.03 | 108d | 1 | 0.17mi |
| 1632 N Franklin Pl Unit 1525079P Milwaukee, WI | 1.0 | 1.0 | 818 | $3,668 | $4.48 | 115d | 1 | 0.17mi |
| 1809 N Cambridge Ave #506 Milwaukee, WI | 1.0 | 1.0 | 735 | $1,550 | $2.11 | 139d | 1 | 0.17mi |
| 1809 N Cambridge Ave #308 Milwaukee, WI | 1.0 | 1.0 | 900 | $1,740 | $1.93 | 139d | 1 | 0.17mi |
| 1720 N Astor St Milwaukee, WI | 2.0 | 1.0 | 1000 | $1,548 | $1.55 | 58d | 1 | 0.17mi |
| 1720 N Astor St Milwaukee, WI | 2.0 | 1.0 | 1000 | $1,448 | $1.45 | 10d | 1 | 0.17mi |
| 1720A N Astor St Milwaukee, WI | 2.0 | 1.0 | 850 | $1,448 | $1.70 | 58d | 1 | 0.17mi |
| 1632 N Franklin Pl Unit 204 Milwaukee, WI | 1.0 | 1.0 | 750 | $1,750 | $2.33 | 10d | 1 | 0.17mi |
| 1014 E Land Pl Milwaukee, WI | 3.0 | 2.0 | 1900 | $1,900 | $1.00 | 86d | 1 | 0.17mi |
| 1652 N Humboldt Ave Apt 7 Milwaukee, WI | 1.0 | 1.0 | — | $875 | — | 10d | 1 | 0.17mi |
| 1669 N Humboldt Ave Milwaukee, WI | 2.0 | 1.0 | 950 | $1,745 | $1.84 | 93d | 1 | 0.17mi |
| 1669 N Humboldt Ave Apt 1 Milwaukee, WI | 1.0 | 1.0 | 600 | $1,395 | $2.33 | 139d | 1 | 0.17mi |
| 1669 N Humboldt Ave Unit 2 Milwaukee, WI | 2.0 | 1.0 | 950 | $1,745 | $1.84 | 67d | 1 | 0.17mi |
| 1639 N Farwell Ave Unit 103 Milwaukee, WI | 1.0 | 1.0 | — | $915 | — | 112d | 1 | 0.17mi |
| 1639 N Farwell Ave Unit 107 Milwaukee, WI | 1.0 | 1.0 | — | $915 | — | 83d | 1 | 0.17mi |
Listing history 50 events
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2026-09-24days on market $399,000 Active 23 DOM
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2026-09-23days on market $399,000 Active 22 DOM
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2026-09-22days on market $399,000 Active 21 DOM
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2026-09-21days on market $399,000 Active 20 DOM
-
2026-09-20days on market $399,000 Active 19 DOM
-
2026-09-19days on market $399,000 Active 18 DOM
-
2026-09-18days on market $399,000 Active 17 DOM
-
2026-09-17days on market $399,000 Active 16 DOM
-
2026-09-16days on market $399,000 Active 15 DOM
-
2026-09-15days on market $399,000 Active 14 DOM
-
2026-09-14days on market $399,000 Active 13 DOM
-
2026-09-13days on market $399,000 Active 12 DOM
-
2026-09-12days on market $399,000 Active 11 DOM
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2026-09-11days on market $399,000 Active 10 DOM
-
2026-09-05days on market $399,000 Active 4 DOM
-
2026-09-04days on market $399,000 Active 3 DOM
-
2026-09-03statusdays on market $399,000 Active 2 DOM
-
2026-08-31days on market $399,000 Coming Soon 3 DOM
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2026-08-28pricestatusdays on market $399,000 Coming Soon 1 DOM
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2026-07-06days on market $429,000 Active 39 DOM
Show marketing remark (752 chars)
Returning to market soon! Turnkey Lower East Side duplex just steps from Brady Street's dining, shopping, & entertainment. This well-maintained upper/lower bldg offers 2 thoughtfully updated units - lower unit has 2 bedrooms, 1 bath; upper unit has 4 bedrooms, 1 bath, plus a finished 3rd floor with skylights and a generous flex space. Both units feature hardwood floors, arched doorways, built-ins, crown molding, formal dining rooms, & spacious kitchens w/ butler's pantries. All appliances included. Private back entrance provides independent access to all 3 levels. Extensive owner updates from 2022-2026 include new carpet, refinished hardwoods, fresh paint, and new fixtures. Laundry on site. Boilers replaced 2016, roof replaced 2020.
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2026-07-05days on market $429,000 Active 38 DOM
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2026-07-03days on market $429,000 Active 36 DOM
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2026-07-02days on market $429,000 Active 35 DOM
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2026-07-01days on market $429,000 Active 34 DOM
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2026-06-30days on market $429,000 Active 33 DOM
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2026-06-29days on market $429,000 Active 32 DOM
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2026-06-28days on market $429,000 Active 31 DOM
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2026-06-27days on market $429,000 Active 30 DOM
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2026-06-27days on market $429,000 Active 29 DOM
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2026-06-25days on market $429,000 Active 27 DOM
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2026-06-22days on market $429,000 Active 25 DOM
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2026-06-21days on market $429,000 Active 24 DOM
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2026-06-18days on market $429,000 Active 21 DOM
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2026-06-17days on market $429,000 Active 20 DOM
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2026-06-16days on market $429,000 Active 19 DOM
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2026-06-15days on market $429,000 Active 18 DOM
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2026-06-13days on market $429,000 Active 16 DOM
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2026-06-13days on market $429,000 Active 15 DOM
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2026-06-09days on market $429,000 Active 12 DOM
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2026-06-08pricedays on market $429,000 Active 11 DOM
Show marketing remark (752 chars)
Returning to market soon! Turnkey Lower East Side duplex just steps from Brady Street's dining, shopping, & entertainment. This well-maintained upper/lower bldg offers 2 thoughtfully updated units - lower unit has 2 bedrooms, 1 bath; upper unit has 4 bedrooms, 1 bath, plus a finished 3rd floor with skylights and a generous flex space. Both units feature hardwood floors, arched doorways, built-ins, crown molding, formal dining rooms, & spacious kitchens w/ butler's pantries. All appliances included. Private back entrance provides independent access to all 3 levels. Extensive owner updates from 2022-2026 include new carpet, refinished hardwoods, fresh paint, and new fixtures. Laundry on site. Boilers replaced 2016, roof replaced 2020.
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2026-06-07days on market $449,000 Active 10 DOM
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2026-06-05days on market $449,000 Active 7 DOM
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2026-06-03days on market $449,000 Active 6 DOM
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2026-06-02days on market $449,000 Active 5 DOM
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2026-06-01days on market $449,000 Active 4 DOM
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2026-05-31days on market $449,000 Active 3 DOM
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2026-05-20historical $449,000
Show marketing remark (752 chars)
Returning to market soon! Turnkey Lower East Side duplex just steps from Brady Street's dining, shopping, & entertainment. This well-maintained upper/lower bldg offers 2 thoughtfully updated units - lower unit has 2 bedrooms, 1 bath; upper unit has 4 bedrooms, 1 bath, plus a finished 3rd floor with skylights and a generous flex space. Both units feature hardwood floors, arched doorways, built-ins, crown molding, formal dining rooms, & spacious kitchens w/ butler's pantries. All appliances included. Private back entrance provides independent access to all 3 levels. Extensive owner updates from 2022-2026 include new carpet, refinished hardwoods, fresh paint, and new fixtures. Laundry on site. Boilers replaced 2016, roof replaced 2020.
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2022-07-14soldstatus $324,900 Sold 785-char remark
Show marketing remark (785 chars)
LOCATION! Only owner's unexpected move out of state brings this large Lower East Side duplex to the market. Located a few block walk to Brady St fun! The bldg is an upper and lower style with the 2 main floors having the same layout of 2 bdrms, 1 bath, living room, formal dining. spacious kitchen w/ dishwasher + a butler's pantry. Upper unit also includes a finished 3rd floor/attic space with 2 more bdrms, a large flex area/family room and skylights. BONUS: All 3 levels are accessible privately from the back side entrance. Both units with hardwood floors, built-ins, arched doorways and crown. Plenty of storage and onsite laundry in the basement! All appliances are included. Both boilers replaced in 2016 and the roof was professionally replaced in 2020 (complete tear off)!
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2022-07-02historical Contingent 785-char remark
Show marketing remark (785 chars)
LOCATION! Only owner's unexpected move out of state brings this large Lower East Side duplex to the market. Located a few block walk to Brady St fun! The bldg is an upper and lower style with the 2 main floors having the same layout of 2 bdrms, 1 bath, living room, formal dining. spacious kitchen w/ dishwasher + a butler's pantry. Upper unit also includes a finished 3rd floor/attic space with 2 more bdrms, a large flex area/family room and skylights. BONUS: All 3 levels are accessible privately from the back side entrance. Both units with hardwood floors, built-ins, arched doorways and crown. Plenty of storage and onsite laundry in the basement! All appliances are included. Both boilers replaced in 2016 and the roof was professionally replaced in 2020 (complete tear off)!
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2022-06-28price $324,900 785-char remark
Show marketing remark (785 chars)
LOCATION! Only owner's unexpected move out of state brings this large Lower East Side duplex to the market. Located a few block walk to Brady St fun! The bldg is an upper and lower style with the 2 main floors having the same layout of 2 bdrms, 1 bath, living room, formal dining. spacious kitchen w/ dishwasher + a butler's pantry. Upper unit also includes a finished 3rd floor/attic space with 2 more bdrms, a large flex area/family room and skylights. BONUS: All 3 levels are accessible privately from the back side entrance. Both units with hardwood floors, built-ins, arched doorways and crown. Plenty of storage and onsite laundry in the basement! All appliances are included. Both boilers replaced in 2016 and the roof was professionally replaced in 2020 (complete tear off)!
ⓘ 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 ≥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
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Taxation est. · year 1
- Rental income
- $46,848
- − Mortgage interest
- −$22,350
- − Property taxes
- −$5,985
- − Insurance
- −$1,995
- − Repairs & maintenance
- −$3,748
- − Management
- −$3,748
- − Depreciation
- −$11,607
- Taxable loss
- −$2,585
- Est. tax savings @ 24.0%
- +$620
- After-tax cash flow
- $4,542/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.
Condition & rehab AI · 3 photos
This well-maintained, turnkey multi-family property is in good condition with recent updates. It offers two thoughtfully updated units, each with hardwood floors, built-ins, and spacious kitchens. The property is located in a desirable location, close to dining, shopping, and entertainment.
Value-add opportunities
- Both Painting exterior and interior — Fresh paint enhances curb appeal and interior aesthetics ↑
- Both Landscaping and curb appeal improvements — Aesthetic improvements can attract more buyers and renters ↑
- Both New flooring in common areas — Fresh flooring can improve the overall look and feel of the property ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
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 · 995,758 people
- City population
- 573,768
- Metro
- Milwaukee-Waukesha, WI
- Population (ZIP)
- 25,861
- Household income
- $71,034
- Rent vs Own
- Severe rent burden
- 8% of renters
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 White (75%)
- Race & ethnicity
- White 75% Black 8% Two or more races 6% Hispanic / Latino 6% Asian 5%
- Hispanic origin (detail)
- Mexican 3%
- Common ancestry
- Romanian 9% Portuguese 4% Lithuanian 2%
- Foreign-born
- 10% · Canada, South Korea
- Languages at home
- 89% English-only · Spanish 4% Other Indo-European 2% Other Asian/Pacific 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
- ▼ -133.46%
- Current HPI
- 226.4316
- Rent YoY
- ▲ 1.56%
- 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
+50.6% since first listed21 events — show timeline
- 2026-08-28 Coming Soon $399,000 METROMLS
- 2026-07-06 Listing Removed — METROMLS
- 2026-06-08 Price Changed $429,000 METROMLS
- 2026-05-28 Listed $449,000 METROMLS
- 2026-05-20 Coming Soon $449,000 METROMLS
- 2022-07-14 Sold (MLS) $324,900 METROMLS
- 2022-07-02 Contingent — METROMLS
- 2022-06-28 Price Changed $324,900 METROMLS
- 2022-06-17 Relisted — METROMLS
- 2022-05-02 Contingent — METROMLS
- 2022-04-26 Listed $330,000 METROMLS
- 2020-07-22 Sold (MLS) $280,000 METROMLS
- 2020-06-19 Contingent — METROMLS
- 2020-03-30 Price Changed $285,000 METROMLS
- 2020-03-21 Relisted — METROMLS
- 2020-03-13 Contingent — METROMLS
- 2020-03-06 Relisted — METROMLS
- 2017-02-28 Sold (MLS) $230,000 METROMLS
- 2017-02-17 Pending — METROMLS
- 2017-01-14 Price Changed $255,000 METROMLS
- 2016-10-13 Listed $265,000 METROMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…