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    Property profile & analytics

    5515 5519th W Martin Dr Milwaukee, WI 53208

    • Apartment buildings
    • 10,347 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 20, 2023
    $1,000,000
    Location Intelligence
    Property ID
    US92-1322333
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Martin Adlon Apartments / Apartment Building

    Property Details for 5515 5519th W Martin Dr

    Year built
    1951
    Lot size
    0.38 lot acres
    Property size
    10,347 SF
    Zone code
    RM5
    Property type
    Apartment buildings
    APN
    385-0403-000
    APU
    3850403000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.983
    Latitude
    43.0456
    CBSA code
    33340
    CBSA name
    MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $15,841
    $44,900
    $620,400
    $665,300
    -
    $44,900
    $620,400
    $665,300

    Comparable in this City

    • Value Estimation by Request
      15,982 SF

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    • Value Estimation by Request
      5,068 SF

      1018 35th St

      APARTMENT HOUSE (5+ UNITS) • 5,068 SF
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    • Value Estimation
      $355,000
      6,196 SF

      405 39th St

      APARTMENT HOUSE (5+ UNITS) • 6,196 SF
      405 39th St, Milwaukee, WI 53208-3780
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    • Value Estimation
      $5,155,000
      13,202 SF

      1363 40th St

      APARTMENT HOUSE (5+ UNITS) • 13,202 SF
      1363 40th St, Milwaukee, WI 53208-2874
      View Details
    • Value Estimation
      $255,000
      6,994 SF

      1414 53rd St

      APARTMENT HOUSE (5+ UNITS) • 6,994 SF
      1414 53rd St, Milwaukee, WI 53208-2228
      View Details
    • Value Estimation
      $390,000
      8,880 SF

      3401 Wls St

      APARTMENT HOUSE (5+ UNITS) • 8,880 SF
      3401 Wls St, Milwaukee, WI 53208-3367
      View Details

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    Similar Nearby for Lease

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      9,280 square foot retail space available for lease.
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      Versatile Office Space in Milwaukee

      Spacious office with ample natural light and high visibility.
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    Milwaukee, WI 53208
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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