Triplex with Detached
New
For Sale
$444,000
24 S 2nd St, Madison, WI 53704
Three-unit residential income property with two leased units and parking options near downtown Madison.
Property Size500 SF
Price / SF$888
Days on Market3
Property Features for 24 S 2nd St
General Information
Standard status
Active
Size
500 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 1BR/1BA, 1 x studio/1BA
Multifamily Units
3
Additional Details
Road Access
Yes
Building Details
Year Built
1909
Listing Agency:
Madison Property Management, Inc.
(608) 268-4912
Listed By:
Jim Stopple · License #9012003
Source:
Soldinmadison
Added: Aug 1
Changed: Aug 2
Last Checked: Aug 3 at 8:51AM
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 Madison Property Management, Inc.
Investment Insights
Based on property information with market context.
This three-unit apartment property includes two one-bedroom residences, each measuring 825 square feet and offering one full bathroom. The third residence is configured as a studio with one full bathroom. Units 2 and 3 are leased through 7/31/2027. A detached two-car garage serves the property, with additional parking available along the city side street.
The property is located at 24 S 2nd St in Madison, one block from Atwood Ave and near the intersection of E. Main St. and Second St. Downtown Madison is approximately 2 miles away, and local restaurants are within walking distance. Built in 1909, the property combines a three-unit layout with established surrounding amenities and multiple parking resources.
The property is located at 24 S 2nd St in Madison, one block from Atwood Ave and near the intersection of E. Main St. and Second St. Downtown Madison is approximately 2 miles away, and local restaurants are within walking distance. Built in 1909, the property combines a three-unit layout with established surrounding amenities and multiple parking resources.
Key Highlights
- Three‑unit apartment property at 24 S 2nd St, Madison, WI 53704
- Units 1 and 2 each offer 825 sq.ft., 1 bed, and 1 full bath
- Unit #2 leased through 7/31/2027
Property Analytics
Current Use
Lease Details
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,172
Businesses Nearby
Explore this area
Business Placement
Demographics for 53704, WI
47,066
Population
22,740
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
21.9 sq mi
ZIP Area
2,149
Density / Sq Mi
$75,007
Median Household Income
$47,665
Median Earnings
$1,231
Median Rent
$289,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential income property with two leased units and parking options near downtown Madison.
Where is this triplex located?
The property is located at 24 S 2nd St Madison, WI.
What is the asking price?
The asking price for this property is $444,000.
What are key features of this property?
This property features: Three‑unit apartment property at 24 S 2nd St, Madison, WI 53704; Units 1 and 2 each offer 825 sq.ft., 1 bed, and 1 full bath; Unit #2 leased through 7/31/2027
