Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Apartment buildings
2829 Wisconsin Ave Milwaukee, WI 53208-4066
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US92-2382316
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Total area
19,884 SF
Lot
0.24 ac (10,390 SF)
Zoning code
RM7
APN
401-0907-100
UPID
US92-2382316
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
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Berrada Properties 36 LLC · 2 yrs held
Berrada Properties 36 LLC
since 2024
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
RM7 · 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
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Mar 27 2024)
Last sale anchor
$700k
Mar 27 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
$35 / 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
$25,320
Tax year 2022
Assessed value
$1,063,400
Assessed 2022
Previous assessed
$1,063,400
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$75,400
Assessed improvement
$988,000
Land market value
$75,400
Improvement market value
$988,000
Total market value
$1,063,400
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
1964
Heating
YES
Stories
3
Units
36
Rooms
60
Bathrooms
1
Total area
19,884 SF
Lot
0.24 ac (10,390 SF)
Zoning code
RM7
APN
401-0907-100
UPID
US92-2382316
Jurisdiction
MILWAUKEE
Zoning & alternative use
RM7 · Milwaukee, WI
Zoning RM7 · permitted uses
RM7 · 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
1964
Heating
YES
Stories
3
Units
36
Rooms
60
Bathrooms
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Berrada Properties 36 LLC
Entity
Mailing address
10136 W FOND DU LAC AVEB, MILWAUKEE, WI 53224-5191
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2024
—
Berrada Properties 36 LLC
2801 Wisconsin LLC
Quit Claim Deed
related
$9,200,000 · Societe Generale Financial Corp
Sep 9, 2020
—
Youssef Berrada
7635mp LLC
Quit Claim Deed
related
—
Aug 21, 2019
—
Berrada Properties 36 LLC
Youssef Berrada
Quit Claim Deed
$6,070,000 · Miscellaneous Ins Co
Mar 3, 2017
—
2829 Wisconsin Avenue LLC
—
Deed Of Trust
related
$5,792,500 · Old Nat'l Bk
Dec 2, 2016
$700,000
2829 Wisconsin Avenue LLC
Cannon Properties LLC
Warranty Deed
$560,000 · Waterstone Bank Ssb
Mar 18, 2005
$800,000
Cannon Properties LLC
Timothy J Olson
Warranty Deed
$640,000 · Wauwatosa Savings Bank
Jul 21, 2004
$720,000
Olson,timothy J
Wiegand Investments 2829 LLC
Warranty Deed
—
—
—
Olson,timothy J
—
Deed Of Trust
related
$65,000 · Wauwatosa Svgs Bk
—
—
Cannon Properties LLC
—
Deed Of Trust
related
—
—
—
Cannon Properties LLC
—
Deed Of Trust
related
$3,175,000 · First Bk Fin'l Ctr
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 2829 Wisconsin Ave?
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.
