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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Residential income homes
1973 Oakland Ave 1979 Milwaukee, WI 53202-1463
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US92-0315773
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1896
Total area
6,186 SF
Lot
0.12 ac (5,280 SF)
Zoning code
RT4
APN
355-0219-000
UPID
US92-0315773
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
$955k
Comparable Approach
Comparable
$831k
Blend (final)
Blend
$885k
Owner & transaction history
Milwaukee Property Holdings LLC · 10 yrs held
Milwaukee Property Holdings LLC
since 2016
5 recorded transactions
Zoning & alternative use
RT4 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Milwaukee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milwaukee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
$1,035,000
6.5%
$955,000
7%
$890,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,130,000
Current use
Blend value · Realmo final
$885k
Range $797k – $974k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$143 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$10,950
Tax year 2022
Assessed value
$459,900
Assessed 2022
Previous assessed
$459,900
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$79,500
Assessed improvement
$380,400
Land market value
$79,500
Improvement market value
$380,400
Total market value
$459,900
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1896
Heating
YES
Stories
2
Units
4
Rooms
30
Bathrooms
6
Total area
6,186 SF
Lot
0.12 ac (5,280 SF)
Zoning code
RT4
APN
355-0219-000
UPID
US92-0315773
Jurisdiction
MILWAUKEE
Zoning & alternative use
RT4 · Milwaukee, WI
Zoning RT4 · permitted uses
RT4 · Milwaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milwaukee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1896
Heating
YES
Stories
2
Units
4
Rooms
30
Bathrooms
6
Lot
0.12 ac
Current owner
From public records · entity-resolved
Milwaukee Property Holdings LLC
Entity
Mailing address
PO BOX 170243, MILWAUKEE, WI 53217-8021
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2016
—
Milwaukee Property Holdings LLC
Daniel T Wilkins
Warranty Deed
$880,000 · Cornerstone Community Bank
Jan 9, 2013
$287,900
Dan T Wilkins
Us Bank Association
Special Warranty Deed
$280,000 · Tcf National Bank
May 14, 2012
$201,875
Rasc 2005-emx2
Inspector Of Milwaukee County
Foreclosure
related
—
Jul 7, 2004
$560,000
Penebaker,khary D
Marina K Porush
Warranty Deed
$504,000 · Novastar Hm Mtg
—
—
Penebaker,khary D
—
Deed Of Trust
related
$526,500 · Mortgage Lenders Network USA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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