Triplex with Detached
New
For Sale
$480,000
1013 Colby Street, Madison, WI 53715
Multi Family, Madison, WI
Property SizeContact for details
Lot Size0.21 Acres
Days on Market6
Property Features for 1013 Colby Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
TR-V1
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 5
Parking features
Garage
Appliances
3
Subdivision
Oak Grove
Elementary school
Franklin/Randall
Middle school
Hamilton
High school
West
Elementary school district
Madison
Middle school district
Madison
High school district
Madison
Directions
W Lakeside St to Colby
Standard status
Active
APN
0709-252-0606-7
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6158
Utilities
Heating system
Forced Air
Building Details
Year built
1900
Floors in Building
3
Number of units
3
Listing Agency:
Rockwood Realty Group
Listed By:
Joshua Pelletter
(608) 239-3820
Added: Sep 20
Changed: Sep 23
Last Checked: Sep 25 at 10:06PM
MLS# 2033061
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.
Investment Insights
Based on property information with market context.
Located at 1013 Colby Street in Madison, this triplex contains three residential units: two two-bedroom, one-bath units and one one-bedroom, one-bath unit. Units 2 and 3 are currently vacant. The property was built in 1900 and is situated on a 0.21-acre lot with a substantial backyard.
A detached garage is included and is currently used for storage. The property also features forced-air heating and garage parking, with TR-V1 zoning. Its Madison location and three-unit configuration provide a clear framework for evaluating the property as a residential income asset.
A detached garage is included and is currently used for storage. The property also features forced-air heating and garage parking, with TR-V1 zoning. Its Madison location and three-unit configuration provide a clear framework for evaluating the property as a residential income asset.
Key Highlights
- Three‑unit configuration with two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
- 0.21‑acre lot with a large backyard
- Detached garage currently used for storage
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
433
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units with varied bedroom configurations, TR-V1 zoning, and forced-air heating in Madison.
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‑unit configuration with two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; 0.21‑acre lot with a large backyard; Detached garage currently used for storage
