Duplex With Separate
For Sale
$400,000
2310-2312 Post Rd, Madison, WI 53713
Two residential units include individual driveways, fenced yards, and divided basement areas.
Property Size1,400 SF
Price / SF$285.71
Days on Market82
Property Features for 2310-2312 Post Rd
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Building Details
Year Built
1980
Listing Agency:
American, REALTORS
Listed By:
Trish Schaefer · License #48693-90
(608) 347-2647
Source:
Holtrealestateteam
Added: Jul 25
Changed: Oct 10
Last Checked: Oct 7 at 2:13PM
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 American, REALTORS
Investment Insights
Based on property information with market context.
Built in 1980, this Madison duplex offers two residential units with private driveways, separately fenced yards, and individual poured-concrete basement spaces. Both units include poured-concrete foundations and ductwork. Unit 2312 contains four bedrooms, including a large primary bedroom with patio access, along with a full bathroom equipped with a tub and shower combination. A private patio extends the outdoor area for that unit.
Recent improvements include a new water softener, a replacement window in Unit 2312, and new living room and dining room windows in Unit 2310. Unit 2312 also has sump pumps serving both the basement and garage. The property is located near Cannonball Trail, Jenni & Kyle Preserve, shopping, dining, parks, schools, and public transit, with access to the Beltline, Downtown Madison, UW-Madison, Epic, Verona, and Fitchburg.
Recent improvements include a new water softener, a replacement window in Unit 2312, and new living room and dining room windows in Unit 2310. Unit 2312 also has sump pumps serving both the basement and garage. The property is located near Cannonball Trail, Jenni & Kyle Preserve, shopping, dining, parks, schools, and public transit, with access to the Beltline, Downtown Madison, UW-Madison, Epic, Verona, and Fitchburg.
Key Highlights
- Two‑unit duplex at 2310‑2312 Post Rd, Madison, WI
- Private driveways and separately fenced yards for the units
- Separated poured‑concrete basements and poured‑concrete foundation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,531
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,620
$370.6K
Cap Rate 7%
$264,729
$264.7K
Cap Rate 9%
$205,900
$205.9K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$27.7K $19.80/SF
− Vacancy
−$1.2K −$0.89/SF
EGI
$26.5K $18.91/SF
− OpEx
−$7.9K −$5.67/SF
NOI
$18.5K $13.24/SF
Area
Madison, WI
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,620
Cap Rate 7%
$264,729
Cap Rate 9%
$205,900
Alternative Uses
Best Use
Multifamily LT 5
$264.7K
$231.6K – $308.9K
NOI $18,531 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$245.3K
$214.7K – $286.2K
NOI $17,173 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$409.0K
$357.8K – $477.1K
NOI $28,627 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
756
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?
Duplex - Two residential units include individual driveways, fenced yards, and divided basement areas.
Where is this duplex located?
The property is located at 2310-2312 Post Rd Madison, WI.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two‑unit duplex at 2310‑2312 Post Rd, Madison, WI; Private driveways and separately fenced yards for the units; Separated poured‑concrete basements and poured‑concrete foundation
