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

1006 W Badger Road, Madison, WI 53713

Multi Family, Madison, WI

Property SizeContact for details
Lot Size0.21 Acres
Days on Market2

Property Features for 1006 W Badger Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning SR-V1
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 1, Bathroom 1
Appliances 4
Elementary school Midvale/Lincoln
Middle school Cherokee Heights
High school Call School District
Elementary school district Madison
Middle school district Madison
High school district Madison
Directions Fish Hatchery Rd, to W Badger Rd.
Subdivision MADISON - C W17
Standard status Active
APN 0709-352-0227-9
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8580

Building Details

Year built 1959
Floors in Building 2
Number of units 4
Listing Agency: Madison Property Management, Inc.
Listed By: Jim Stopple · License #9012003
Added: Oct 15 Changed: Oct 16 Last Checked: Oct 16 at 10:06AM
MLS# 2034729

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 1959, this four-unit apartment property contains four matching residences, each with one bedroom, a full bathroom, a living room, kitchen, and dining area. A newer boiler serves the building, and parking is available on site. The parcel covers 0.21 acres and is zoned SR-V1.

The property is on a bus route and provides access to the W Beltline and downtown Madison. Located at 1006 W Badger Road, the building is fully leased.

Key Highlights

  • Four one‑bedroom apartments, each with a full bath, living room, kitchen, and dining area
  • Fully leased building with on‑site parking
  • Newer boiler

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Barber Shop Catering Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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 - All four apartments are leased and offer one-bedroom layouts, with on-site parking for residents.
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 one‑bedroom apartments, each with a full bath, living room, kitchen, and dining area; Fully leased building with on‑site parking; Newer boiler
More about this property
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