Renovated Multifamily Apartment
For Sale
Contact for pricing
1101 Catalpa Cir, Madison, WI 53713
36-unit multifamily community with 28 renovated two- and three-bedroom apartments, plus select patios, balconies, and in-unit laundry.
Property SizeContact for details
Days on Market69
Property Features for 1101 Catalpa Cir
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
Suburban Residential-Varied District 1
Occupancy
97%
Net Operating Income
$410,000
Additional Details
Multifamily Units
36
Amenities
private patios and balconies (select units)
well-equipped kitchens
hardwood floors
large closets
in-unit laundry (select townhomes)
garage parking
laundry facilities
off-street parking
pet-friendly policy
Building Details
Year Built
1961
Year Renovated
2025
Buildings
9
Stories
4
Units
36
Tenancy
Multi
Listing Agency:
Colliers - Chicago Downtown, Illinois
Listed By:
Lauren Stoliar · License #475177222
(312) 612-5944
Source:
Crexi
Added: Jun 30
Changed: Aug 31
Last Checked: Sep 6 at 1:27AM
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 Colliers - Chicago Downtown, Illinois
Investment Insights
Based on property information with market context.
Catalpa Crossing is a 36-unit multifamily community offering spacious two- and three-bedroom apartments. According to the provided information, 28 of the 36 units have already been renovated, with the remaining eight described as “classic” units. Select units include private patios and balconies, and select townhomes offer in-unit laundry. The property also features well-equipped kitchens, hardwood floors, and large closets. Community conveniences include garage parking, laundry facilities, and off-street parking, along with a pet-friendly policy.
The property is located in Madison’s Burr Oaks neighborhood within the West Madison submarket, with access to University of Wisconsin–Madison and major employment hubs described as being just minutes away. The remarks also note convenient proximity to schools, hospitals, shopping centers, parks, and public transportation.
For operators and investors, the mix of renovated and classic units provides a value-add angle based on the plan to renovate the remaining eight units, as described in the property information.
The property is located in Madison’s Burr Oaks neighborhood within the West Madison submarket, with access to University of Wisconsin–Madison and major employment hubs described as being just minutes away. The remarks also note convenient proximity to schools, hospitals, shopping centers, parks, and public transportation.
For operators and investors, the mix of renovated and classic units provides a value-add angle based on the plan to renovate the remaining eight units, as described in the property information.
Key Highlights
- 36‑unit multifamily community (year built 1961) at multiple addresses on Catalpa Road, Fish Hatchery Road, and Catalpa Circle in Madison, WI
- 28 of 36 units renovated, with average renovated rents reported at $1,661 (a $227 premium over classic units)
- Remaining 8 classic units provide potential upside with an estimated renovation cost of $12,500 each
Property Analytics
Property Profile
Current Use
Lease Details
36
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 36-unit multifamily community with 28 renovated two- and three-bedroom apartments, plus select patios, balconies, and in-unit laundry.
Where is this apartment building located?
The property is located at 1101 Catalpa Cir Madison, WI.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 36‑unit multifamily community (year built 1961) at multiple addresses on Catalpa Road, Fish Hatchery Road, and Catalpa Circle in Madison, WI; 28 of 36 units renovated, with average renovated rents reported at $1,661 (a $227 premium over classic units); Remaining 8 classic units provide potential upside with an estimated renovation cost of $12,500 each
