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    355 W Madison St, Unit 2 Waterloo, WI 53594

    New
    For Sale
    $339,900

    MULTI_FAMILY - Waterloo, WI

    Property size:
    1,987 SF
    Lot size:
    0.33 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 11 at 2:06 pm

    Property Features for 355 W Madison St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    29008130644060
    Parking features
    Driveway, Open
    Patio and Porch features
    Porch, Patio
    Exterior features
    Fence
    Fencing
    Fenced
    Appliances
    Dryer, Dishwasher, Disposal, GasWaterHeater, Microwave, Oven, Range, Refrigerator, WaterSoftener, Washer
    Size
    1,987 SF
    Lot size
    0.33 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Radiant
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Brick, Steel, VinylSiding

    eXp Realty LLC (866) 848-6990 [email protected]

    Listing agent Victoria Bischel (715) 404-5480 License #85109-94

    Listing date Dec 9, 2025

    MLS# 1597383 Listing URL

    Copyright © 2025 Northwestern Wisconsin Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterloo Multifamily Investment Property

    This versatile investment property is currently operating as a Superhost Airbnb on the top floor, with the main floor owner-occupied. It can be utilized as a long-term or short-term rental investment. The property features original hardwood floors and woodwork throughout. A commercial boiler heating system in the basement contributes to low heating bills, complemented by insulation and new energy-efficient windows. The property includes French drains, professional landscaping, a new outdoor patio, and a large front porch. The large garage accommodates two cars plus a workshop area, with a landing pad for two additional cars. Situated on a major bike trail, it is walkable to downtown cafes, stores, and parks, and is located 20 minutes from Madison. The property has laundry in the basement, beautiful natural light, a second-floor balcony, and a huge backyard. There is plenty of storage space, with the possibility of finishing the third floor for additional living space. The property size is 1987 square feet and the lot size is 0.33 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Jefferson
    State
    Wisconsin
    Longitude
    -88.993836
    Latitude
    43.184135

    FAQs

    What type of property is this?
    Duplex - Versatile investment property near downtown cafes, stores, and parks.
    Where is this duplex located?
    The property is located at 355 W Madison St, Unit 2 Waterloo, WI.
    What is the asking price?
    The asking price for this property is $339,900.
    What are key features of this property?
    This property features: - Income-generating potential as a Superhost Airbnb or long-term rental property.; - Energy-efficient features: commercial boiler, new windows, and insulation for low heating costs.; - Large garage (2 cars + workshop) and additional parking pad.
    (715) 404-5480
    Request Owner's contact information
    355 W Madison St, Unit 2 Waterloo, WI 53594
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    Waterloo, WI 53594
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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
    355 W Madison St, Unit 2 Waterloo, WI 53594
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