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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Apartment buildings
5909 Teutonia Ave Milwaukee, WI 53209-4168
Entity Owned
3-yr Hold
Free & Clear
Property ID
US92-0081969
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1953
Total area
4,426 SF
Lot
0.26 ac (11,356 SF)
Zoning code
RM2
APN
170-9972-000
UPID
US92-0081969
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
$655k
Comparable Approach
Comparable
$585k
Blend (final)
Blend
$590k
Owner & transaction history
Berrada Properties 117 LLC · 3 yrs held
Berrada Properties 117 LLC
since 2023
7 recorded transactions
Zoning & alternative use
RM2 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$710,000
6.5%
$655,000
7%
$610,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$575,000
Current use
AUTO REPAIR, GARAGE
$530,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±10%
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
$133 / 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
$5,029
Tax year 2022
Assessed value
$211,200
Assessed 2022
Previous assessed
$211,200
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$24,600
Assessed improvement
$186,600
Land market value
$24,600
Improvement market value
$186,600
Total market value
$211,200
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
1953
Heating
NONE
Stories
2
Units
8
Rooms
24
Bathrooms
1
Total area
4,426 SF
Lot
0.26 ac (11,356 SF)
Zoning code
RM2
APN
170-9972-000
UPID
US92-0081969
Jurisdiction
MILWAUKEE
Zoning & alternative use
RM2 · Milwaukee, WI
Zoning RM2 · permitted uses
RM2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$575,000
AUTO REPAIR, GARAGE
Est. value
$530,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1953
Heating
NONE
Stories
2
Units
8
Rooms
24
Bathrooms
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Berrada Properties 117 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
10136 W FOND DU LAC AVEB, MILWAUKEE, WI 53224-5191
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2023
—
Berrada Properties 117 LLC
Youssef Borrada
Warranty Deed
—
Oct 5, 2018
$200,000
5909 N Teutonia LLC
Jeffrey Ray Miller
Warranty Deed
$150,000 · Waterstone Bank Ssb
Dec 4, 2012
$180,000
Jeffrey Ray Miller
Win Investment Corp
Warranty Deed
$135,000 · First Midwest Bank
Nov 29, 2012
$147,500
All Win Investment Corp
5909 LLC
Warranty Deed
—
Sep 21, 2011
$60,000
5909 LLC
Tritex R/e Advisors INC
Grant Deed
—
May 4, 2010
$173,000
Tritex R & E Advisors INC
Inspector Of Milwaukee County
Foreclosure
related
—
May 26, 2005
$244,000
Fjl Investments LLC
James Boyle
Warranty Deed
$210,450 · World Savings Bank Fsb
Jan 15, 2004
$214,000
Boyle,james
Buetow Group LLC
Warranty Deed
—
—
—
Jeffrey R Miller
—
Loan Modification
related
—
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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