4143 N 10th St · Milwaukee, WI 53209

$120,000

3 bd · 1.0 ba · 1,357 sqft · SingleFamily public records · 13 Days on market

Built 1926 4,791 sqft lot Est $118k · at est.

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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 +24.8/30.0
• DSCR +8.1/10.0
• ARV discount +6.8/15.0
• 1% rule +6.3/10.0
• Rent growth +4.7/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This classic, ''Old Style'' Milwaukee residence , built in 1926 boasts three bedrooms and one full bathroom. The layout includes a stairway to an upper level as well as a full basement and an attic, providing ample room for storage or potential. What's more, set behind the home in a grassy backyard and a detached garage. This income producing home fetches $1200 a month.

Key facts

• Attic
• Grassy backyard
• Full basement

Tags

• GRASSY BACKYARD
• DETACHED GARAGE
• FULL BASEMENT
• ATTIC

Property features AI

Exterior

• Parking: Detached 1-car garage; Approximately 1.5 garage parking spaces total
• Utilities: Municipal water; Municipal sewer; Natural gas service
• Home design: Single-family home; One-story design; Entry and main living spaces on the main level
• Construction: Aluminum/steel and vinyl siding; Assessor/public record for year built
• Exterior features: Aluminum and vinyl exterior; Sidewalks

Interior

• Kitchen: Main-level kitchen (approx. 10 x 10)
• Bedrooms: Three bedrooms on the main level (each approximately 10 x 10); Main-level primary bedroom (10 x 10)
• Bathrooms: One full bathroom with tub
• Heating & cooling: Forced air heating; Natural gas fuel
• Interior features: Full finished basement; Living room on main level; Dining room on main level; Kitchen on main level
• Laundry & utility: Forced air heating (natural gas)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $255 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $120k).
• Cap rate 8.8% 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 (+8.6%/yr); 171 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 1,017 units permitted in Milwaukee County in 2024 (803 in 5+ unit buildings).
• This rent runs 34% of the median local income ($48k/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 $830 of loan paydown is wiped out by about $4k 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 $34k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 13y 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.
• Current owner paid $53k; list at $120k implies a 126% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1926 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $120,000

Questions for the listing agent

1. Built in 1926 — 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: 1.13% ✓
• Cap rate: 8.84%
• Cash-on-cash: 9.11%
• DSCR: 1.41
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $118,059
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4110 N 7th St	0.22mi	3/1.0	1,296 (-4%)	4mo	$95,000	$73	79
4182 N 13th St	0.17mi	4/2.0 (+1)	1,351 (-0%)	5mo	$239,000	$177	79
3840 N 18th St St	0.62mi	3/2.0	1,413 (+4%)	2mo	$120,000	$85	58
3868 N 15th St	0.46mi	3/1.0	1,233 (-9%)	8mo	$70,500	$57	57
3850 N 19th Pl	0.71mi	3/1.0	1,387 (+2%)	8mo	$90,000	$65	56
4166 N 17th St	0.41mi	3/1.5	1,524 (+12%)	6mo	$119,000	$78	53
4348 N 19th St	0.59mi	3/2.0	1,499 (+10%)	1mo	$230,000	$153	50
3721 N 10th St	0.53mi	4/1.0 (+1)	1,497 (+10%)	8mo	$130,000	$87	46
3830 N 18th St	0.63mi	3/1.0	1,208 (-11%)	8mo	$90,000	$75	45
4215 N 19th St	0.58mi	2/1.0 (-1)	1,190 (-12%)	8mo	$130,000	$109	41
4164 N 21st St	0.73mi	3/2.0	1,205 (-11%)	6mo	$150,000	$124	38
4666 N Ironwood Ln	0.67mi	4/3.0 (+1)	1,511 (+11%)	6mo	$339,900	$225	32

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: 2.9%
• Equity multiple: 1.12×
• Total profit: $3,963
• Equity at exit: $17,892

10-year hold

• IRR: 16.7%
• Equity multiple: 2.70×
• Total profit: $56,981
• Equity at exit: $10,375

Cash invested: $33,600 (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 53209

• Rents YoY: 8.6%
• Active inventory: 171
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,354 high
• Mortgage (P&I): −$629
• Tax from tax record: −$135 /mo · $1,626/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$284
• Net cashflow: $255

Break-even live

Break-even rent $1,031

Max offer price $120,000

Occupancy floor 76%

Sensitivity live

Price	-10% $323	-5% $289	+0% $255	+5% $221	+10% $187
Rent	-10% $148	-5% $202	+0% $255	+5% $308	+10% $362
Rate	-1.0pp $315	-0.5pp $286	base $255	+0.5pp $224	+1.0pp $192

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4048 N 7th St Milwaukee, WI	2.0	1.0	1100	$1,150	$1.05	24d	1	0.29mi
3908 N 6th St Milwaukee, WI	2.0	1.0	1100	$1,150	$1.05	24d	1	0.43mi
3927-3929 N 17th St Milwaukee, WI	2.0	1.0	900	$1,195	$1.33	44d	1	0.53mi
3747 N 16th St Milwaukee, WI	2.0	1.0	1200	$875	$0.73	44d	1	0.62mi
2116 W Atkinson Ave Unit A Milwaukee, WI	4.0	1.0	1707	$2,000	$1.17	2d	1	0.75mi
3911 N 20th St Unit 3913 Milwaukee, WI	2.0	1.0	950	$995	$1.05	24d	1	0.75mi
3646 N 19th St Milwaukee, WI	2.0	1.0	935	$1,100	$1.18	5d	1	0.78mi
3600 N Vel R. Phillips Ave Milwaukee, WI	2.0	1.0	900	$950	$1.06	5d	1	0.83mi
3703 N 1st St Unit Upper-3705 Milwaukee, WI	3.0	1.0	1034	$1,200	$1.16	44d	1	0.89mi
3416 N 17th St Unit 1 Milwaukee, WI	3.0	1.0	1200	$1,100	$0.92	44d	1	0.95mi
3298 N 13th St Milwaukee, WI	3.0	1.0	885	$895	$1.01	44d	1	0.99mi
2106A W Keefe Ave Unit 2106 Lower Milwaukee, WI	3.0	1.0	1300	$1,100	$0.85	18d	1	1.03mi
4848 N Lydell Ave Glendale, WI	2.0	2.0	1097	$1,622	$1.48	5d	2	1.05mi
4227 N 26th St Milwaukee, WI	2.0	1.0	950	$1,000	$1.05	18d	1	1.11mi
100 E Chateau Pl Whitefish Bay, WI	2.0	1.0–2.0	1175	$1,950	$1.66	2d	1	1.18mi
4532 N Wilson Dr Milwaukee, WI	2.0	1.0	950	$1,560	$1.64	44d	1	1.20mi
3373 N Richards St Milwaukee, WI	2.0	1.0	950	$1,150	$1.21	24d	1	1.21mi
312 E Townsend St Unit 312 Milwaukee, WI	3.0	1.0	1400	$1,250	$0.89	24d	1	1.22mi
1326 W Burleigh St Unit 1326 Lower Milwaukee, WI	2.0	1.0	900	$825	$0.92	3d	1	1.25mi
4355 N 28th St Milwaukee, WI	2.0	1.0	1118	$975	$0.87	22d	1	1.26mi
3352 N Richards St Unit Second floor Milwaukee, WI	2.0	1.0	1000	$1,150	$1.15	44d	1	1.26mi
3045 N 11th St #3047 Milwaukee, WI	3.0	1.0	1065	$1,175	$1.10	5d	1	1.30mi
3156 N 1st St Milwaukee, WI	2.0	1.0	900	$895	$0.99	44d	1	1.35mi
3025 N 6th St Milwaukee, WI	2.0	1.0	1153	$1,125	$0.98	44d	1	1.36mi
3368 N Booth St #3374 Milwaukee, WI	2.0	1.0	900	$950	$1.06	44d	1	1.37mi
3368 N Booth St #3374 Milwaukee, WI	2.0	1.0	900	$950	$1.06	24d	1	1.37mi
3255 N Buffum St Unit 3255 Upper Milwaukee, WI	2.0	1.0	1100	$1,350	$1.23	44d	1	1.37mi
4451 N Marlborough Dr Unit 2 Shorewood, WI	2.0	1.0	1250	$2,125	$1.70	4d	1	1.38mi
3388 N 27th St Unit 3388 Front House Milwaukee, WI	4.0	1.0	1212	$1,550	$1.28	5d	1	1.42mi
1104 E Glendale Ave Unit 1104 Shorewood, WI	3.0	1.5	1300	$2,395	$1.84	17d	1	1.45mi
223 E Burleigh St Unit 223 Milwaukee, WI	4.0	1.0	1153	$1,395	$1.21	44d	1	1.49mi

Listing history 9 events

1. 2026-06-21
   days on market $120,000 Active 13 DOM
2. 2026-06-18
   days on market $120,000 Active 10 DOM
3. 2026-06-17
   days on market $120,000 Active 9 DOM
4. 2026-06-16
   days on market $120,000 Active 8 DOM
5. 2026-06-15
   days on market $120,000 Active 7 DOM
6. 2026-06-13
   days on market $120,000 Active 5 DOM
7. 2026-06-13
   days on market $120,000 Active 4 DOM
8. 2026-06-08
   remarks 372-char remark
9. 2026-06-08
   listed $120,000 Active 1 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: $1,626 · $135/mo
• Projected year-2 tax: $1,923 · $160/mo
• Expected delta: +$297/yr (+$25/mo · 18.3%)

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

Taxation est. · year 1

• Rental income: $16,249
• − Mortgage interest: −$6,722
• − Property taxes: −$1,626
• − Insurance: −$600
• − Repairs & maintenance: −$1,300
• − Management: −$1,300
• − Depreciation: −$3,491
• Taxable income: $1,211
• Est. tax owed @ 24.0%: −$291
• After-tax cash flow: $2,769/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): 45,170
• Household income: $48,486
• Rent vs Own: 56.2% rent · 43.8% own
• Severe rent burden: 3390.0

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 (66%)
• Race & ethnicity: Black 66% White 22% Hispanic / Latino 5% Two or more races 5% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Romanian 3% Portuguese 1% Iranian 1%
• Foreign-born: 3% · Canada
• Languages at home: 92% English-only · Spanish 4% Other Asian/Pacific 1% Russian/Polish/Slavic 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: ▼ -194.98%
• Current HPI: 172.4275
• Rent YoY: ▲ 8.61%
• 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

+281.0% since first listed

10 events — show timeline

• 2026-06-01 Listed $120,000 METROMLS
• 2026-01-26 Listing Removed — METROMLS
• 2025-10-27 Listed $118,000 METROMLS
• 2021-07-06 Sold (Public Records) $53,000 Public Records
• 2013-02-01 Listed $88,400 METROMLS
• 2013-02-01 Listing Removed — METROMLS
• 2013-01-31 Listing Removed — METROMLS
• 2013-01-31 Listed $87,900 METROMLS
• 2006-10-04 Sold (Public Records) $70,000 Public Records
• 1980-08-01 Sold (Public Records) $31,500 Public Records

Property tax history

-1.0%/yr

Latest (2024): $1,626 · +34.4% YoY. Source: county tax records.