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6-Unit Apartment Building
New
For Sale
$899,000

1029 W Badger Road, Madison, WI 53713

Multi Family, Madison, WI

Property SizeContact for details
Lot Size0.28 Acres
Days on Market2

Property Features for 1029 W Badger Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning SR-V1
Parking features Driveway
Appliances 6
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 0709-353-0247-5
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8267

Building Details

Year built 1976
Number of units 6
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# 2034730

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 1976, this six-unit apartment property sits on 0.28 acres and is fully leased. Each 500-square-foot unit contains one bedroom, one full bathroom, a kitchen, living and dining areas, and a combined washer-dryer appliance. Tenants pay their own electric service. Parking is provided by a driveway.

The property is on W Badger Road, near Fish Hatchery Road and a short drive from downtown Madison. It is zoned SR-V1.

Key Highlights

  • Six apartments, each measuring 500 square feet
  • Fully leased; tenants pay electric service
  • Each unit has one bedroom, one full bath, kitchen, living and dining areas, and a washer‑dryer combo

Property Analytics

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Current Use

Apartment buildings

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

6
Residential units
100%
Occupancy

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?
Apartment building - Each residence includes an in-unit washer-dryer combination and a one-bedroom, one-bath layout.
Where is this apartment building located?
The property is located at 1029 W Badger Road Madison, WI.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Six apartments, each measuring 500 square feet; Fully leased; tenants pay electric service; Each unit has one bedroom, one full bath, kitchen, living and dining areas, and a washer‑dryer combo
More about this property
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