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    32-Unit Apartment Building
    Updated: Aug 26
    32-Unit Apartment Building

    7502 Westward Way, Madison, WI 53717

    $3,500,000
    21,108 sqft
    32 units totaling 21,108 gross sq. ft.
    Unit mix includes 24 efficiencies and 8 one‑bedroom layouts
    96.9% occupancy
    Roof replacement completed in 2017
    Individual PTAC heating and cooling units in each apartment
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    This listing looks promising.

    Here's a quick look at some key insights for

    7502 Westward Way, Madison, WI 53717

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $259K
      Annual

    • Price @ 7% Cap

      $3.7M
      Above asking

    • Property Type

      Apartment House
      Built 1984
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    7-Unit Apartment Building
    Updated: Jun 24
    7-Unit Apartment Building

    3712-3724 Lien Road, Madison, WI 53704

    $1,099,900
    0.37 AC lot
    7‑unit apartment property on 0.37 acres
    Roof work completed June 22
    Six similarly sized units share basement laundry
    Unit 3724 has a townhome‑style layout and private unfinished basement
    Unit 3724 includes dedicated laundry
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    32-Unit Apartment Building
    32-Unit Apartment Building

    7502 Westward Way, Madison, WI 53717

    $3,500,000
    0.83 AC lot

    West-side property includes individual climate control, basement storage, on-site laundry, and surface parking.

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    6-Unit Apartment Portfolio
    6-Unit Apartment Portfolio

    120-126 N Franklin Street, Madison, WI 53703

    $3,043,000
    0.23 AC lot

    Side-by-side rental buildings offer off-street parking and appealing unit layouts near James Madison Park.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    7-Unit Apartment Building with Townhome Unit
    7-Unit Apartment Building with Townhome Unit

    3712-3724 Lien Rd, Madison, WI 53704

    $1,099,900
    900 sqft

    Seven-unit property includes a townhome-style residence with private laundry and unfinished basement space.

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    Historic Victorian Apartment Building
    Historic Victorian Apartment Building

    932 Spaight Street, Madison, WI 53703

    $999,000
    0.12 AC lot

    Five-unit residential income property with shared laundry, porch space, and rear parking.

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    Victorian 5-Unit Apartment Building
    Victorian 5-Unit Apartment Building

    932 Spaight St, Madison, WI 53703

    $999,000
    1,186 sqft

    Victorian-style 5-unit multifamily property with shared basement laundry, parking behind the building, and shared driveway access.

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    Brick Apartment Buildings Near Arboretum
    Brick Apartment Buildings Near Arboretum

    2821 Monroe St, Madison, WI 53711

    $4,999,500
    800 sqft

    Three brick apartment buildings with traditional layouts, hardwood floors, and open sun porches near Lake Wingra.

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    Turnkey Investment Property Near Park
    Turnkey Investment Property Near Park

    120-126 North Franklin Street, Madison, WI 53703

    $3,043,000
    6,654 sqft

    Six-unit, 27-bedroom investment property near James Madison Park.

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    Five-Unit Rental House
    Five-Unit Rental House

    450-452 West Doty Street, Madison, WI 53703

    $1,025,000
    2,392 sqft

    Five-unit rental property with four one-bedroom apartments and a three-bedroom flat, including leased parking and basement laundry.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    736 East Johnson Street, Madison, WI 53703

    $700,000
    1,736 sqft

    Multifamily property with updated building systems and a tenant-use backyard in Madison’s Isthmus area.

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    Remodeled 8-Unit Apartment Building
    Remodeled 8-Unit Apartment Building

    1718 Onsgard Road, Madison, WI 53704

    $1,160,000
    3,000 sqft

    Eight two-bedroom apartments feature in-unit laundry and complete appliance packages.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    1725 Onsgard Rd, Madison, WI 53704

    $1,200,000

    Eight two-bedroom apartments offer practical layouts within an established Madison East side setting.

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    Brick 8-Unit Apartment Building
    Brick 8-Unit Apartment Building

    225 Nautilus Drive, Madison, WI 53705

    $1,450,000
    3,248 sqft

    Solidly built brick 8-unit property with detached garage space and basement laundry for tenant use.

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    Mixed-Use Property with Retail
    Mixed-Use Property with Retail

    801 S Park St, Madison, WI 53715

    Contact for pricing
    9,354 sqft

    Retail operations occupy the lower level, with six fully leased apartments upstairs and convenient transit access.

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    6-Unit Brick Apartment Building
    6-Unit Brick Apartment Building

    403 W Wilson Street, Madison, WI 53703

    $1,600,000

    Built in 1923, the building offers five two-bed units with den plus one studio, behind a Prairie School facade.

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    32-Unit Apartment Buildings
    32-Unit Apartment Buildings

    1902-1914 Greenway Cross, Madison, WI 53719

    Contact for pricing
    1.47 AC lot

    Two renovated buildings provide a balanced mix of one- and two-bedroom apartments with in-unit laundry and individual air conditioning.

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    Renovated Multifamily Apartment Community
    Renovated Multifamily Apartment Community

    1101 Catalpa Cir, Madison, WI 53713

    Contact for pricing

    36-unit multifamily community with 28 renovated two- and three-bedroom apartments, plus select patios, balconies, and in-unit laundry.

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    8-Unit Brick Apartment Building
    8-Unit Brick Apartment Building

    2338-2342 Allied Drive, Madison, WI 53711

    Contact for pricing

    Brick multifamily property with two-bedroom residences, assigned parking, private storage, and basement laundry.

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    Seven-Property Apartment Portfolio
    Seven-Property Apartment Portfolio

    902 Badger Road, Madison, WI 53713

    Contact for pricing
    37,000 sqft

    Fully occupied seven-property multifamily portfolio with one- and two-bedroom units, including 26 renovated units.

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    Madison Isthmus Portfolio Opportunity
    Madison Isthmus Portfolio Opportunity

    820-828 E Dayton Street, Madison, WI 53703

    Contact for pricing

    Rare 7-unit portfolio in Madison's core Isthmus.

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    Sunny Meade Eight-Unit Apartments
    Sunny Meade Eight-Unit Apartments

    102 Sunny Meade Ln, Madison, WI 53713

    Contact for pricing

    Renovated two-bedroom residences with private storage, off-street parking, and select patios or balconies.

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    Six-Unit Multifamily Property
    Six-Unit Multifamily Property

    1901 Winnebago Street, Madison, WI 53704

    Contact for pricing

    Six one-bedroom units offer rear access for select garden-style apartments and landlord-paid heat and water.

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    32-Unit Apartment Building
    32-Unit Apartment Building

    320 E Wilson St, Madison, WI 53703

    Contact for pricing

    Six-story downtown property combines residential units with commercial space and a rooftop patio overlooking both Lake Monona and Lake Mendota.

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    Madison, WI Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Madison, WI, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 87,378 square feet of properties for sale, with an estimated market value of $29,418,300.

    Sale prices for two-family homes in Madison, WI start at $700,000, averaging $1,961,220, and reaching up to $4,999,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 309K
    Population Growth (5Y) +2.9%
    Median Household Income $76,348
    College Educated 30.0%

    High-Yield Neighborhoods for Investment

    Identify Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    53704 $1.1M
    53705 $1.5M
    53703 $3.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.78%
    Property Tax per SF $25.86 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dane County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Dane County

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Madison fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Madison, WI

    • 53703
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    • 53713
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    Featured Madison Real Estate Agencies

    Realmo connects you with licensed Madison CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Sprinkman Real Estate
    613 Williamson St #202 Madison, WI 53703
    Phone: 16082201453
    www.sprinkmanrealestate.com
    Realty Executives Cooper Spransy
    5940 Seminole Centre Court, Suite 310 Madison, WI 53711
    Phone: 16086617901
    www.RealtyExecutivesCS.com

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