3374 N 30th St · Milwaukee, WI 53216

$76,600

4 bd · 2.0 ba · 1,519 sqft · MultiFamily public records · 146 Days on market

Built 1925 3,049 sqft lot Est $105k · 27% under

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Why this score? — see what drove the A- 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
• Appreciation +5.7/10.0
• Rent growth +4.3/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

This is a tax foreclosed property. Owner Occupancy will be prioritized in offer acceptance.

Key facts

• 3,049 sq ft lot
• Built 1925
• Listed 146 days

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/1.0-bath units multifamily listed at $77k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive. Per door: $539/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $77k).
• Recommended offer: $67k (12.0% below list) — sets the bar for market timing.
• Cap rate 23.2% 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 (+7.0%/yr); 130 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); 1,017 units permitted in Milwaukee County in 2024 (803 in 5+ unit buildings).
• At $2,067/mo this rent would consume 53% of the median local household income ($47k/yr) (locally 2202% 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 $2k of equity ($530 loan paydown + $1k appreciation (1.3% local appreciation)).
• Milwaukee County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (1.3% appreciation + 7.0% rent growth), your $21k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 146 days — a 12% lower offer ($67k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y ago; this cycle's ask has dropped $13k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $67,408 (12.0% below list)

Questions for the listing agent

1. It's been on market 146 days. Have you received any prior offers? Is the seller open to a 12% 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 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 2.70% ✓
• Cap rate: 23.17%
• Cash-on-cash: 60.29%
• DSCR: 3.68
• GRM: 3.1

CMA / ARV

• ARV (on-the-fly): $104,811
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3955 N 30th St #3957	0.55mi	4/2.0	1,568 (+3%)	1mo	$190,000	$121	68
3233 W Auer Ave	0.34mi	4/2.0	1,657 (+9%)	1mo	$78,500	$47	68
3221 N 29th St	0.23mi	5/2.0 (+1)	1,688 (+11%)	4mo	$127,000	$75	63
3220 N 24th Pl Unit 3220A	0.44mi	3/2.0 (-1)	1,626 (+7%)	1mo	$65,000	$40	62
3529 N 25th St	0.33mi	4/2.0	1,678 (+10%)	8mo	$125,000	$74	60
3350 N 25th St Unit 3350A	0.32mi	4/2.0	1,694 (+12%)	8mo	$79,000	$47	59
3430 N 22nd St Unit 3430A	0.58mi	4/2.0	1,678 (+10%)	7mo	$149,900	$89	50
2823 N 28th St	0.73mi	5/2.0 (+1)	1,430 (-6%)	4mo	$127,000	$89	48
3205 N 35th St	0.43mi	3/2.0 (-1)	1,723 (+13%)	8mo	$119,000	$69	46
3223 N 36th St	0.46mi	4/2.0	1,731 (+14%)	11mo	$90,000	$52	46
2866 N 34th St Unit 2866A	0.71mi	5/2.0 (+1)	1,713 (+13%)	4mo	$68,000	$40	37
2830 N 28th St Unit 2830A	0.72mi	5/2.0 (+1)	1,711 (+13%)	12mo	$105,000	$61	30

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

1.33% appreciation · 7.01% rent growth · sell at horizon

5-year hold

• IRR: 67.6%
• Equity multiple: 4.73×
• Total profit: $80,028
• Equity at exit: $27,467

10-year hold

• IRR: 69.9%
• Equity multiple: 10.92×
• Total profit: $212,858
• Equity at exit: $37,542

Cash invested: $21,448 (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 53216

• Home prices YoY: 0.3%
• Rents YoY: 7.0%
• Active inventory: 130
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $2,067 high
• Mortgage (P&I): −$402
• Tax from tax record: −$122 /mo · $1,460/yr
• Insurance: −$32
• HOA: −$0
• Vacancy / Maint / Mgmt: −$434
• Net cashflow: $1,078

Break-even live

Break-even rent $703

Max offer price $76,600

Occupancy floor 43%

Sensitivity live

Price	-10% $1,121	-5% $1,099	+0% $1,078	+5% $1,056	+10% $1,034
Rent	-10% $914	-5% $996	+0% $1,078	+5% $1,159	+10% $1,241
Rate	-1.0pp $1,116	-0.5pp $1,097	base $1,078	+0.5pp $1,058	+1.0pp $1,038

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

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$2,066
Total (2 units)			$2,067

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: $19,150
• Closing costs: $2,298
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2821 W Concordia Ave Milwaukee, WI	3.0	1.5	1098	$1,595	$1.45	3d	1	0.17mi
3388 N 27th St Unit 3388 Front House Milwaukee, WI	4.0	1.0	1212	$1,550	$1.28	6d	1	0.21mi
2704 W Concordia Ave Unit Na Milwaukee, WI	5.0	2.0	1856	$2,500	$1.35	25d	1	0.21mi
2106A W Keefe Ave Unit 2106 Lower Milwaukee, WI	3.0	1.0	1300	$1,100	$0.85	18d	1	0.63mi
2870 N 29th St #2872 Milwaukee, WI	3.0	1.0	1300	$1,250	$0.96	45d	1	0.68mi
3122 N 42nd St Milwaukee, WI	3.0	1.0	1323	$1,495	$1.13	6d	1	0.81mi
3123 N 42nd St Milwaukee, WI	4.0	1.0	1500	$1,700	$1.13	25d	1	0.84mi
2765 N 26th St Unit 1 Milwaukee, WI	3.0	1.0	1125	$1,200	$1.07	6d	1	0.84mi
3100 W Center St Milwaukee, WI	3.0	2.0	1174	$1,531	$1.30	3d	1	0.90mi
3925 N 42nd St Milwaukee, WI	3.0	1.0	1300	$1,675	$1.29	45d	1	0.91mi
3416 N 17th St Unit 1 Milwaukee, WI	3.0	1.0	1200	$1,100	$0.92	45d	1	0.96mi
2116 W Atkinson Ave Unit A Milwaukee, WI	4.0	1.0	1707	$2,000	$1.17	3d	1	0.97mi
2809 W Clarke St Unit 12811 Milwaukee, WI	3.0	1.0	1400	$1,200	$0.86	18d	1	1.05mi
2308 W Clarke St Milwaukee, WI	4.0	2.0	1545	$1,750	$1.13	25d	1	1.13mi
2432 N 28th St Milwaukee, WI	5.0	1.5	1876	$1,600	$0.85	45d	1	1.24mi
2713 N 44th St Milwaukee, WI	3.0	1.0	1450	$1,350	$0.93	45d	1	1.27mi
2976 N 49th St Milwaukee, WI	3.0	1.0	1700	$1,300	$0.76	18d	1	1.30mi
3045 N 11th St #3047 Milwaukee, WI	3.0	1.0	1065	$1,175	$1.10	6d	1	1.37mi
2403-2405 N 39th St Unit 2403 Lower Milwaukee, WI	3.0	1.0	1200	$995	$0.83	12d	1	1.40mi
2403-2405 N 39th St Unit 2405 Upper Milwaukee, WI	3.0	1.0	1141	$995	$0.87	12d	1	1.40mi
3155 N 52nd St Milwaukee, WI	3.0	2.0	1300	$1,400	$1.08	45d	1	1.44mi

Listing history 16 events

1. 2026-02-25
   status Pending
2. 2026-01-07
   price $76,600
3. 2025-09-30
   historical 91-char remark

   Show marketing remark (91 chars)

   This is a tax foreclosed property. Owner Occupancy will be prioritized in offer acceptance.

4. 2025-09-30
   listed $90,075 Active

   Show marketing remark (91 chars)

   This is a tax foreclosed property. Owner Occupancy will be prioritized in offer acceptance.

5. 2025-08-29
   listed $90,075 Active 91-char remark

   Show marketing remark (91 chars)

   This is a tax foreclosed property. Owner Occupancy will be prioritized in offer acceptance.

6. 2021-10-26
   soldstatus $148,000
7. 2021-10-15
   soldstatus $60,000 Sold 352-char remark

   Show marketing remark (352 chars)

   Property is being sold in AS IS Condition. Check out this great investment property to add to your portfolio or become a home owner and stop renting! This home is very spacious with almost 1,500sq ft and 2 Bedrooms to boast! Be sure to check out the rest of the portfolio of almost 400 properties available for sale. All room sizes have been estimated.

8. 2021-09-14
   historical Contingent 352-char remark

   Show marketing remark (352 chars)

   Property is being sold in AS IS Condition. Check out this great investment property to add to your portfolio or become a home owner and stop renting! This home is very spacious with almost 1,500sq ft and 2 Bedrooms to boast! Be sure to check out the rest of the portfolio of almost 400 properties available for sale. All room sizes have been estimated.

9. 2021-09-01
   price $74,900 352-char remark

   Show marketing remark (352 chars)

   Property is being sold in AS IS Condition. Check out this great investment property to add to your portfolio or become a home owner and stop renting! This home is very spacious with almost 1,500sq ft and 2 Bedrooms to boast! Be sure to check out the rest of the portfolio of almost 400 properties available for sale. All room sizes have been estimated.

10. 2021-08-06
    price $79,900 352-char remark

    Show marketing remark (352 chars)

    Property is being sold in AS IS Condition. Check out this great investment property to add to your portfolio or become a home owner and stop renting! This home is very spacious with almost 1,500sq ft and 2 Bedrooms to boast! Be sure to check out the rest of the portfolio of almost 400 properties available for sale. All room sizes have been estimated.

11. 2021-08-05
    price $84,900 352-char remark

    Show marketing remark (352 chars)

    Property is being sold in AS IS Condition. Check out this great investment property to add to your portfolio or become a home owner and stop renting! This home is very spacious with almost 1,500sq ft and 2 Bedrooms to boast! Be sure to check out the rest of the portfolio of almost 400 properties available for sale. All room sizes have been estimated.

12. 2021-07-27
    price $89,900 352-char remark

    Show marketing remark (352 chars)

    Property is being sold in AS IS Condition. Check out this great investment property to add to your portfolio or become a home owner and stop renting! This home is very spacious with almost 1,500sq ft and 2 Bedrooms to boast! Be sure to check out the rest of the portfolio of almost 400 properties available for sale. All room sizes have been estimated.

13. 2021-07-14
    price $99,900 352-char remark

    Show marketing remark (352 chars)

    Property is being sold in AS IS Condition. Check out this great investment property to add to your portfolio or become a home owner and stop renting! This home is very spacious with almost 1,500sq ft and 2 Bedrooms to boast! Be sure to check out the rest of the portfolio of almost 400 properties available for sale. All room sizes have been estimated.

14. 2021-06-26
    listed $119,900 Active 352-char remark

    Show marketing remark (352 chars)

    Property is being sold in AS IS Condition. Check out this great investment property to add to your portfolio or become a home owner and stop renting! This home is very spacious with almost 1,500sq ft and 2 Bedrooms to boast! Be sure to check out the rest of the portfolio of almost 400 properties available for sale. All room sizes have been estimated.

15. 2007-12-18
    soldstatus $26,500
16. 2005-01-26
    soldstatus $56,200

ⓘ 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: $1,460 · $122/mo
• Projected year-2 tax: $1,460 · $122/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 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,804
• − Mortgage interest: −$4,291
• − Property taxes: −$1,460
• − Insurance: −$383
• − Repairs & maintenance: −$1,984
• − Management: −$1,984
• − Depreciation: −$2,228
• Taxable income: $12,473
• Est. tax owed @ 24.0%: −$2,994
• After-tax cash flow: $9,938/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): 30,345
• Household income: $46,752
• Rent vs Own: 52.7% rent · 47.3% own
• Severe rent burden: 2202.0

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 (81%)
• Race & ethnicity: Black 81% White 9% Hispanic / Latino 5% Two or more races 5% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Romanian 1%
• Foreign-born: 3% · Canada, Philippines, China
• Languages at home: 93% English-only · Spanish 4% Other Asian/Pacific 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: ▲ 1.33%
• Current HPI: 381.0954
• Rent YoY: ▲ 7.01%
• 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

+36.3% since first listed

16 events — show timeline

• 2026-02-25 Pending — METROMLS
• 2026-01-07 Price Changed $76,600 METROMLS
• 2025-09-30 Listing Removed — METROMLS
• 2025-09-30 Listed $90,075 METROMLS
• 2025-08-29 Listed $90,075 METROMLS
• 2021-10-26 Sold (Public Records) $148,000 Public Records
• 2021-10-15 Sold (MLS) $60,000 METROMLS
• 2021-09-14 Contingent — METROMLS
• 2021-09-01 Price Changed $74,900 METROMLS
• 2021-08-06 Price Changed $79,900 METROMLS
• 2021-08-05 Price Changed $84,900 METROMLS
• 2021-07-27 Price Changed $89,900 METROMLS
• 2021-07-14 Price Changed $99,900 METROMLS
• 2021-06-26 Listed $119,900 METROMLS
• 2007-12-18 Sold (MLS) $26,500 METROMLS
• 2005-01-26 Sold (Public Records) $56,200 Public Records

Property tax history

+3.9%/yr

Latest (2024): $1,460 · -25.1% YoY. Source: county tax records.