Technical
Financial
Distress signals
Property profile

502 39th St Milwaukee, WI 53208

OFF-MARKET
Apartment buildings
Property ID
US92-0113757
6,302 SF 0.18 ac lot Built 1929
Entity Owned 11-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1929
Total area 6,302 SF
Lot 0.18 ac (7,950 SF)
Zoning code RT4
APN 402-0131-100
UPID US92-0113757

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

502 39th St Milwaukee, WI 53208-3784
Milwaukee metro Census 13300 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$905k
Comparable Approach Comparable
$882k
Blend (final) Blend
$300k

Owner & transaction history

since 2015
2 recorded transactions
2015
$265,000
2012
$175,000

Zoning & alternative use

RT4 · Milwaukee, WI
Zoning description

RT3 or RT4 districts. Commercial uses are not allowed in these districts. The neighborhoods found in RT1 and RT2 districts feature a regular platting standard and a more uniform pattern of development than those of the R…

General category RESIDENTIAL
Top alternative use upside
Restaurant $800,000 +5.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 502 39th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message