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Four-Unit Brick Apartment Building
For Sale
$625,000

1006 W Badger Road, Madison, WI 53713

Four one-bedroom residences feature separate living rooms, kitchens, and dining areas, with on-site parking.

Property SizeContact for details
Days on Market16

Property Features for 1006 W Badger Road

General Information

Standard status Active
Property subtype Multi Family Home
Zoning SR-V1
Occupancy 100%
Net Operating Income $2,026

Site & Location

Neighborhood Burr Oaks Neighborhood Association
Highway Access Yes
Public Transit Yes

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Additional Details

Gross Income $56,400
Tenant in Place Yes

Amenities

parking

Building Details

Year Built 1959
Stories 2
Units 4
Construction brick
Listing Agency: Madison Property Management, Inc.
Listed By: Jim Stopple · License #9012003
Source: Geigerrealtors
Added: Oct 15 Changed: Oct 29 Last Checked: Oct 26 at 4:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Madison Property Management, Inc.

Rey
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Investment Insights

Based on property information with market context.

This brick apartment property contains four residences, each arranged with one bedroom, one full bathroom, a living room, a kitchen, and a dining area. A newer boiler serves the building, which was constructed in 1959. The property is zoned SR-V1 and has on-site parking.

Residents have access to a bus route, with connections to the W Beltline and downtown Madison. The building is fully leased and produces $56,400 in annual gross income.

Key Highlights

  • Four units, each with 1 bedroom and 1 full bath
  • Brick construction; built in 1959
  • Newer boiler

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

966
Businesses Nearby

Demographics for 53713, WI

23,291
Population
11,635
Households
2
Avg Household Size
32
Median Age
39%
College-Educated
86%
High-School Grad
9.8 sq mi
ZIP Area
2,377
Density / Sq Mi
$57,833
Median Household Income
$36,998
Median Earnings
$1,173
Median Rent
$259,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four one-bedroom residences feature separate living rooms, kitchens, and dining areas, with on-site parking.
Where is this quadplex located?
The property is located at 1006 W Badger Road Madison, WI.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Four units, each with 1 bedroom and 1 full bath; Brick construction; built in 1959; Newer boiler
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