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    3401 Dawes St Madison, WI 53714

    New
    For Sale
    $629,000

    Apartment building,2 story - Madison, WI

    Lot size:
    0.18 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 3401 Dawes St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res
    Rooms
    Basement, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    0710-054-0505-8
    Parking
    4
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1958
    Floors in Building
    2
    Number of units
    3
    Building materials
    Brick
    Architectural style
    Other

    Havenwood Realty LLC (608) 322-2360 [email protected]

    Listing agent Tracy Howard (608) 322-2360

    Listing date Dec 2, 2025

    MLS# 2012985 Listing URL

    Copyright © 2025 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Madison Triplex Near Olbrich Park

    This three-unit property is located in a desirable area on a bike path across the street from Starkweather Creek and close to Olbrich Park. It presents an opportunity for investment or owner-occupancy, where one unit can be occupied while renting out the other two for income. The property features vinyl windows and three new furnaces installed in 2022. Hardwood flooring is present throughout the building. A coin-operated washer and dryer are located in the basement. The property is currently vacant in preparation for sale and is being sold "as is", requiring some work. A professional inspection report is available. Situated on a 0.18-acre lot, this residential income property has great income potential with some repairs and updates. The zoning is residential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.331705
    Latitude
    43.09575

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    FAQs

    What type of property is this?
    Triplex - Three-unit property near Starkweather Creek and Olbrich Park.
    Where is this triplex located?
    The property is located at 3401 Dawes St Madison, WI.
    What is the asking price?
    The asking price for this property is $629,000.
    What are key features of this property?
    This property features: - 3-unit property: **Ideal for investment or owner-occupancy** with rental income potential.; - Desirable location: Close to Starkweather Creek, bike path, and Olbrich Park.; - **Updated mechanicals**: Three new furnaces installed in 2022.
    (608) 322-2360
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    3401 Dawes St Madison, WI 53714
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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
    3401 Dawes St Madison, WI 53714
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