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Four-Plex Residential Income Property
For Sale
$799,000

58 Sunfish Ct, Madison, WI 53713

Four well-maintained units built in 1987, featuring in-unit laundry and attached single-car garages for every unit.

Property Size890 SF
Price / SF$897.75
Days on Market52

Property Features for 58 Sunfish Ct

General Information

Standard status Active
Size 890 SF
Property subtype Multi-Family

Building Details

Year Built 1987
Listing Agency: Real Broker LLC
Listed By: Brad Chapman · License #8686694
Source: Soldinmadison
Added: Jul 25 Changed: Sep 4 Last Checked: Sep 13 at 1:58PM

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 Real Broker LLC

Investment Insights

Based on property information with market context.

This four-plex residential income property was built in 1987 and has been thoughtfully maintained. Three units are currently leased, and the fourth is vacant and described as move-in ready. Recent improvements include a new roof in 2025, fresh paint, some new flooring, and some kitchen and bathroom updates. Each unit offers an attached private single-car garage, in-unit laundry, a dishwasher, A/C, and a private patio or deck. The slab foundation is noted as helping keep maintenance simple and costs predictable.

The property is located off Fish Hatchery Rd with easy access to the Beltline, downtown Madison, and bike trails, supporting convenient commuting and everyday access.

As a four-unit asset, it offers a straightforward rental configuration with consistent, unit-level amenities across the building.

Key Highlights

  • 4‑plex built in 1987 with three currently leased units and a fourth vacant, move‑in ready unit
  • Pro‑forma rents of $1,500–$1,600 per unit for projected gross annual income near $75,000
  • New roof in 2025 plus fresh paint, some new flooring, and some kitchen and bathroom updates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Barber Shop Locksmith Catering Service Food Market

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

Location Intelligence

Trade Area within ½ mile

1,114
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four well-maintained units built in 1987, featuring in-unit laundry and attached single-car garages for every unit.
Where is this quadplex located?
The property is located at 58 Sunfish Ct Madison, WI.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 4‑plex built in 1987 with three currently leased units and a fourth vacant, move‑in ready unit; Pro‑forma rents of $1,500–$1,600 per unit for projected gross annual income near $75,000; New roof in 2025 plus fresh paint, some new flooring, and some kitchen and bathroom updates
More about this property
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