2309-2311 McKenna Boulevard Madison, WI 53711
Duplex with 3 bedrooms, garages in a desirable location.
Property Features for 2309-2311 McKenna Boulevard
General Information
- Standard status
- Active
- Size
- 2,808 SF
- Property subtype
- Multi Family / Duplex-side by side
Building Details
- Year Built
- 1991
Listing office Bunbury & Assoc, REALTORS (608) 575-9272
Listing date Mar 13, 2026
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Great rental investment opportunity.
- Desirable location.
- Each side has 3 bedrooms and 1.5 baths.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.6k | $19.80 |
| − Vacancy | −$2.5k | −$0.89 |
| EGI | $53.1k | $18.91 |
| − OpEx | −$15.9k | −$5.67 |
| NOI | $37.2k | $13.24 |
