Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,690,000
Apartment buildings
2542 Farwell Ave 2544 Milwaukee, WI 53211-4118
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-0899517
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1913
Total area
9,922 SF
Lot
0.09 ac (4,080 SF)
Zoning code
RM4
APN
319-0222-000
UPID
US92-0899517
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
$1.69M
CAP Approach
CAP
$1.42M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.69M
Owner & transaction history
Dogan Capital Group LLC · 1 yrs held
Dogan Capital Group LLC
since 2024
Last sale
$1.7M
5 recorded transactions
Zoning & alternative use
RM4 · 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
$1,690,000
ML approach
$1,690,000
CAP Approach
CAP Return
Estimation
6%
$1,540,000
6.5%
$1,420,000
7%
$1,320,000
Blend value · Realmo final
$1.69M
Range $1.52M – $1.86M · ±10% · vs last sale $1.69M (Oct 18 2024)
Last sale anchor
$1.69M
Oct 18 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
$170 / 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
$22,903
Tax year 2023
Assessed value
$965,400
Assessed 2023
Previous assessed
$965,400
+0.0% YoY
Effective rate
2.37%
On assessed value
Assessed land
$71,200
Assessed improvement
$894,200
Total market value
$1,159,900
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1913
Heating
YES
Stories
3
Units
7
Rooms
40
Bathrooms
2
Total area
9,922 SF
Lot
0.09 ac (4,080 SF)
Zoning code
RM4
APN
319-0222-000
UPID
US92-0899517
Jurisdiction
MILWAUKEE
Zoning & alternative use
RM4 · Milwaukee, WI
Zoning RM4 · permitted uses
RM4 · 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
1913
Heating
YES
Stories
3
Units
7
Rooms
40
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Dogan Capital Group LLC
Entity
Mailing address
19590 N TIMBERLINE DR STE #365, BROOKFIELD, WI 53045-6032
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2024
$1,690,000
Dogan Capital Group LLC
Radler Properties Ls
Special Warranty Deed
—
May 6, 2019
$1,650,000
Radler Properties Limited Partnersh
Wilkins Property Management I LLC
Warranty Deed
$1,050,000 · Cornerstone Community Bank
Mar 23, 2018
—
Wilkins Prop Mgmt I LLC
—
Grant Deed
related
$3,050,000 · Waterstone Bk Ssb
May 24, 2017
—
Wilkins Prop Management I LLC
—
Grant Deed
related
$1,775,000 · Waterstone Bk Ssb
Dec 18, 2015
$1,450,000
Wilkins Property Mgmt I LLC
Peckerman Family LP
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2542 Farwell Ave, Unit 2544?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
