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Updated Duplex Investment Property
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2309/2311 McKenna Boulevard, Madison, WI 53711

Updated duplex with strong rental income potential.

Property SizeContact for details
Days on Market157

Property Features for 2309/2311 McKenna Boulevard

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Multifamily
Zoning SR-C3

Building Details

Year Built 1991
Units 2
Listing Agency: Bunbury & Assoc, REALTORS
Listed By: Eric Olson · License #69746-94
Source: Crexi
Added: May 8 Changed: Oct 10 Last Checked: Oct 9 at 8:20PM

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 Bunbury & Assoc, REALTORS

Investment Insights

Based on property information with market context.

This duplex property has been recently updated. One side of the duplex features new flooring, cabinets, fixtures, and a furnace. The property is currently generating a combined rental income of over $5000 per month, with one side having a fresh lease in place for $2600. This property is suitable as an investment for starting out or adding to an existing portfolio.

Key Highlights

  • Great investment property.
  • Combined rents over $5000 per month.
  • Fresh lease in place for one unit at $2600 per month.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Hair Salon Spa & Massage Center Restaurant

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

239
Businesses Nearby

Demographics for 53711, WI

51,448
Population
23,500
Households
2.2
Avg Household Size
37
Median Age
66%
College-Educated
97%
High-School Grad
26.0 sq mi
ZIP Area
1,979
Density / Sq Mi
$101,236
Median Household Income
$55,284
Median Earnings
$1,357
Median Rent
$387,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Updated duplex with strong rental income potential.
Where is this duplex located?
The property is located at 2309/2311 McKenna Boulevard Madison, WI.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Great investment property.; Combined rents over $5000 per month.; Fresh lease in place for one unit at $2600 per month.
(608) 575-9272 Call to check price and availability
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