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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Apartment buildings
2010 Macarthur Rd Waukesha, WI 53188-5654
Entity Owned
1-yr Hold
Free & Clear
Property ID
US92-3434175
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1974
Construction
FRAME
Total area
4,568 SF
Lot
0.22 ac (9,583 SF)
Zoning code
RD-2 (PUD)
APN
WAKC1330090
UPID
US92-3434175
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
$385k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$326k
Blend (final)
Blend
$520k
Owner & transaction history
Dp & Ss Investments LLC · 1 yrs held
Dp & Ss Investments LLC
since 2024
Last sale
$571,000
7 recorded transactions
Zoning & alternative use
RD-2 (PUD) · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide for single family and two family residential development at densities not exceeding 9.7 dwelling units per net acre for two family units; and 5.5 dwelling units per net acre for single family dwellings, The PUD Overlay District is intended to permit development that will, over a period of time, be enhanced by coordinated area site planning, divers…
Zone name
Two Family Residential Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
215.69 ac
Source
Realmo
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 Waukesha submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waukesha 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
$385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $571k (May 13 2024)
Last sale anchor
$571k
May 13 2024
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
$114 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,013
Tax year 2023
Assessed value
$464,600
Assessed 2023
Previous assessed
$391,000
+18.8% YoY
Effective rate
1.51%
On assessed value
Assessed land
$86,000
Assessed improvement
$378,600
Total market value
$481,002
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1974
Construction
FRAME
Heating
BASEBOARD
Cooling
NONE
Stories
2
Units
4
Rooms
19
Bathrooms
6
Total area
4,568 SF
Lot
0.22 ac (9,583 SF)
Zoning code
RD-2 (PUD)
APN
WAKC1330090
UPID
US92-3434175
Jurisdiction
WAUKESHA
Zoning & alternative use
RD-2 (PUD) · Waukesha, WIZoning RD-2 (PUD) · permitted uses
RD-2 (PUD) · Waukesha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide for single family and two family residential development at densities not exceeding 9.7 dwelling units per net acre for two family units; and 5.5 dwelling units per net acre for single family dwellings, The PUD Overlay District is intended to permit development that will, over a period of time, be enhanced by coordinated area site planning, diversified location of structures, diversified building heights and types, or mixing of compatible uses
Zone name
Two Family Residential Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
215.69 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1974
Construction
FRAME
Heating
BASEBOARD
Cooling
Yes
Stories
2
Units
4
Rooms
19
Bathrooms
6
Lot
0.22 ac
Current owner
From public records · entity-resolved
Dp & Ss Investments LLC
Entity
Free & Clear · 1 yrs held
Mailing address
509 KARIN DR, NORTH PRAIRIE, WI 53153-9726
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2024
—
Dp & Ss Investments LLC
Sandra Sue Sheldon
Quitclaim Deed
related
—
Aug 13, 2024
$571,000
Sandra Sue Sheldon
D & V Rentals LLC
Condominium Deed
—
Aug 5, 2014
$315,000
D & V Rentals LLC
Truog & Steffen Properties LLC
Grant Deed
—
Sep 3, 2004
—
Truog & Steffen Properties LLC
Steffen,thomas J
Quit Claim Deed
related
—
Jul 13, 2004
$352,000
Thomas J Steffen
Stehlik,kenneth M & Mary A
Warranty Deed
$264,000 · Assured Mortgage Corp
—
—
Kenneth M Stehlik
—
Deed Of Trust
related
$32,000 · Rental Rehabilitation Program
—
—
Truog & Steffen Properties LLC
—
Deed Of Trust
related
$267,000 · Landmark Cu
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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