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Property profile & analytics
OFF-MARKET
Residential income homes
2468 2470th N 12th St Milwaukee, WI 53206
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US92-0709145
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1923
Total area
2,644 SF
Lot
0.08 ac (3,692 SF)
Zoning code
RT4
APN
323-1212-000
UPID
US92-0709145
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
S&b Full Service LLC · 3 yrs held
S&b Full Service LLC
since 2023
Last sale
$250,000
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,336
Tax year 2022
Assessed value
$98,100
Assessed 2022
Previous assessed
$98,100
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$2,000
Assessed improvement
$96,100
Land market value
$2,000
Improvement market value
$96,100
Total market value
$98,100
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
1923
Heating
YES
Stories
2
Units
4
Rooms
13
Bathrooms
1
Total area
2,644 SF
Lot
0.08 ac (3,692 SF)
Zoning code
RT4
APN
323-1212-000
UPID
US92-0709145
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.
Building & site characteristics
From public records
Year built
1923
Heating
YES
Stories
2
Units
4
Rooms
13
Bathrooms
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
S&b Full Service LLC
Entity
Mailing address
4970 N 27TH ST, MILWAUKEE, WI 53209-5513
Ownership since
2023
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
May 31, 2023
$250,000
S&b Full Service LLC
Real Life Monopoly LLC
Warranty Deed
$240,000 · Trophy Point Investment Group
Sep 6, 2022
$60,000
Real Life Monopoly LLC
Exquisite Home Renovations LLC
Warranty Deed
$231,000 · Real Life Monopoly LLC
Sep 6, 2022
—
Home Renovations LLC
Cle A Gray
Warranty Deed
—
Jan 31, 2017
—
James E Gray
James E Garay
Quit Claim Deed
related
$39,250 · Us Bank NA
Jul 14, 2004
—
Gray,james E
James E Gray
Quit Claim Deed
related
$57,000 · Direct Mtg Fndg
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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