N7101 Front St · Chelsea, WI 54451

$65,000

6 bd · 2.0 ba · 5,355 sqft · SingleFamily · 12 Days on market

Built 1900 6,098 sqft lot

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +3.2/10.0
• Livability +2.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious 1.5-story two-family home on Front St in Medford?full of potential and ready for your vision! Built in 1900, this property offers a total of 6 bedrooms and 2 baths, featuring a lower unit with 2 bedrooms and 1 bath and an upper unit with 4 bedrooms and 1 bath. Situated on a 0.14-acre lot, the home includes an unfinished basement, an attached 2-car garage, and an additional detached 2-car garage with loft. Additional features include a cozy fireplace, walk-in closets, carpet & hardwood flooring , an unpaved driveway, and more. The spacious yard provides room for outdoor enjoyment. With a flexible layout and ample space, this is a fantastic opportunity for investors or owner-occupants looking to customize a multi-family property in a central location.

Key facts

• Two kitchens
• Formal dining space
• Main floor laundry

Tags

• TWO KITCHENS
• TWO LIVING AREAS
• FORMAL DINING SPACE
• MAIN FLOOR LAUNDRY
• SEPARATE UPPER-LEVEL ENTRANCE
• DETACHED 2-CAR HEATED GARAGE

Property features AI

Exterior

• Parking: Attached and detached garage space for 4+ cars (total 4 garage parking spaces)
• Utilities: Municipal sewer; Well water; Electric power; LP gas
• Home design: 1.5-story single-family home
• Construction: Metal roof
• Exterior features: Vinyl and other exterior finishes; Lot size approximately 0.14 acre

Interior

• Kitchen: Refrigerator; Range/Oven; Dishwasher; Microwave
• Bedrooms: Primary bedroom (14 x 13) on the main level; Bedroom 2 (11 x 12) on the main level; Bedroom 3 (11 x 12) on the main level; Bedroom 4 (14 x 16) on the upper level; Bedroom 5 (11 x 12) on the upper level
• Bathrooms: Two full bathrooms
• Heating & cooling: Electric and LP gas heating; No cooling
• Interior features: Full poured concrete basement with stone elements; Living room (18 x 16) on the main level; Dining room (16 x 13) on the main level; Kitchen (16 x 16) on the main level
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 6-bed/2.0-bath single-family listed at $65k.

Deal economics

• At list price, monthly cash flow is $589 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).

Location & tenants

• Location reads 56/100 on livability (#764 in WI) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B+; Watch: crime D+, health & safety D, schools F.
• Medford Area Public School District (town): math 38% / reading 36% proficiency, ranked #210 of 342 in WI (top 61%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 44 active listings in the ZIP; 109 units permitted in Taylor County in 2024 (55 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $449 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Taylor County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $65,000

Questions for the listing agent

1. Built in 1900 — 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 D 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: 2.02% ✓
• Cap rate: 17.17%
• Cash-on-cash: 38.85%
• DSCR: 2.73
• GRM: 4.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 35.0%
• Equity multiple: 2.48×
• Total profit: $27,012
• Equity at exit: $9,692

10-year hold

• IRR: 41.8%
• Equity multiple: 4.95×
• Total profit: $71,923
• Equity at exit: $5,620

Cash invested: $18,200 (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 54451

• Home prices YoY: -33.1%
• Active inventory: 44
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $1,314 medium
• Mortgage (P&I): −$341
• Tax est. 1.5%: −$81 /mo · $975/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$276
• Net cashflow: $589

Break-even live

Break-even rent $569

Max offer price $65,000

Occupancy floor 50%

Sensitivity live

Price	-10% $634	-5% $612	+0% $589	+5% $567	+10% $544
Rent	-10% $485	-5% $537	+0% $589	+5% $641	+10% $693
Rate	-1.0pp $622	-0.5pp $606	base $589	+0.5pp $572	+1.0pp $555

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Listing history 10 events

1. 2026-06-21
   days on market $65,000 Active 12 DOM
2. 2026-06-21
   days on market $65,000 Active 11 DOM
3. 2026-06-18
   days on market $65,000 Active 9 DOM
4. 2026-06-17
   days on market $65,000 Active 8 DOM
5. 2026-06-16
   days on market $65,000 Active 7 DOM
6. 2026-06-15
   days on market $65,000 Active 6 DOM
7. 2026-06-15
   days on market $65,000 Active 5 DOM
8. 2026-06-13
   days on market $65,000 Active 4 DOM
9. 2026-06-12
   remarks 699-char remark
10. 2026-06-12
    listed $65,000 Active 3 DOM

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 1/10 Low 7 d/yr ≥92°F today · 13 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,773
• − Mortgage interest: −$3,641
• − Property taxes: −$975
• − Insurance: −$325
• − Repairs & maintenance: −$1,262
• − Management: −$1,262
• − Depreciation: −$1,891
• Taxable income: $6,417
• Est. tax owed @ 24.0%: −$1,540
• After-tax cash flow: $5,530/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: Medford Area Public School District
• NCES district ID: 5508940
• Math proficiency: 38% ▼ -5.00%
• Reading proficiency: 36% ▼ -7.00%
• Median HH income: $46,851
• Composite: 31.72/100
• National rank: #5912
• State rank: #210 of 342 in WI

Livability — Chelsea

• Score: 56/100
• State rank: #764
• US rank: #23003

Category grades

Amenities F Commute F Cost of living A+ Crime D+ Employment F Housing B+ Health & safety D User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chelsea, WI
• Population (ZIP): 11,051

Population outlook (Taylor County) Hauer SSP2

• Today (2025): 19,681 people
• By 2030: 19,005 · -3.4%
• By 2040: 17,386 · -11.7%
• By 2050: 15,349 · -22.0%
• By 2075: 11,894 · -39.6%
• By 2100: 9,275 · -52.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Romanian 9% Portuguese 8% Lithuanian 2%
• Foreign-born: 1% · Canada
• Languages at home: 97% English-only · German/W. Germanic 2% Spanish 1%

Political lean MEDSL · Taylor

• 2024 margin: Solid R (+48.2) · D 25.3% · R 73.5% · Other 1.2%
• 2008→2024 swing: -48.0pp toward R · 2008: -0.2pp · 2024: -48.2pp
• All cycles: 2024: R+48.2 2020: R+46.5 2016: R+44.5 2012: R+19.4 2008: R+0.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -94.46%
• Current HPI: 190.8364
• Rent YoY: —
• Metro: —
• 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

+18.2% since first listed

8 events — show timeline

• 2026-06-09 Listed $65,000 CWMLS
• 2026-03-24 Listing Removed — CWMLS
• 2026-03-09 Price Changed $75,000 CWMLS
• 2026-02-16 Price Changed $84,900 CWMLS
• 2026-01-19 Listed $99,900 CWMLS
• 2023-06-30 Sold (Public Records) $100,000 Public Records
• 2021-07-01 Sold (Public Records) $47,500 Public Records
• 2017-12-18 Sold (Public Records) $55,000 Public Records

Property tax history

+9.0%/yr

Latest (2025): $4,165 · +10.6% YoY. Source: county tax records.