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Three-Unit Residential Property
For Sale
$480,000

1013 Colby Street, Madison, WI 53715

A detached garage and large backyard complement the three-unit residential layout.

Property SizeContact for details
Days on Market35

Property Features for 1013 Colby Street

General Information

Standard status Active
Property subtype Multi Family Home
Zoning TR-V1

Site & Location

Neighborhood Bay Creek Neighborhood Association

Units

Unit Mix 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Building Details

Year Built 1900
Stories 3
Units 3
Listing Agency: Rockwood Realty Group
Listed By: Joshua Pelletter
Source: Geigerrealtors
Added: Sep 20 Changed: Oct 23 Last Checked: Oct 23 at 4:19PM

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 Rockwood Realty Group

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Investment Insights

Based on property information with market context.

This residential property contains three units: two with two bedrooms and one bathroom each, plus a one-bedroom, one-bathroom unit. The detached garage is used for storage, and the property includes a large backyard. Built in 1900, the building is zoned TR-V1.

The property is on Colby Street in Madison, Wisconsin. Two units are vacant, while the remaining unit is occupied.

Key Highlights

  • Three units: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
  • Detached garage currently used for storage
  • Large backyard

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

433
Businesses Nearby

Demographics for 53715, WI

16,517
Population
5,640
Households
2.9
Avg Household Size
24
Median Age
66%
College-Educated
95%
High-School Grad
1.3 sq mi
ZIP Area
12,705
Density / Sq Mi
$37,598
Median Household Income
$8,819
Median Earnings
$1,533
Median Rent
$436,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - A detached garage and large backyard complement the three-unit residential layout.
Where is this triplex located?
The property is located at 1013 Colby Street Madison, WI.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Three units: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; Detached garage currently used for storage; Large backyard
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