One-Bedroom Residential Income
For Sale
Contact for pricing
26 S Bedford St Unit 2102, Madison, WI 53703
Apartment with Capitol views, full kitchen appliances, and in-unit laundry in central Madison.
Property Size700 SF
Price / SF$2.57
Days on Market72
Property Features for 26 S Bedford St Unit 2102
General Information
Standard status
Active
Size
700 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Amenities
heated garage
fitness center
rooftop terrace
security system
internet
available storage
in-unit washer/dryer
refrigerator
range/oven
microwave
dishwasher
Listing Agency:
American, REALTORS
Listed By:
David Baehr · License #5260990
(608) 213-6686
Source:
Madisonareahomesforsale
Added: Aug 10
Changed: Oct 1
Last Checked: Oct 19 at 6:59AM
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
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Investment Insights
Based on property information with market context.
This 700-square-foot, one-bedroom, one-bath apartment is located at 26 S Bedford St, Unit 2102, in Madison. Large windows bring natural light into the living area, while the separate bedroom and updated bathroom support comfortable daily use. The kitchen includes a refrigerator, range/oven, microwave, and dishwasher, and an in-unit washer/dryer adds convenience.
The apartment has direct views of the Capitol and is positioned within walking distance of restaurants, cafés, shopping, parks, and nightlife. Building amenities include a heated garage, fitness center, rooftop terrace, security system, internet, and available storage. Cats and dogs are permitted.
The apartment has direct views of the Capitol and is positioned within walking distance of restaurants, cafés, shopping, parks, and nightlife. Building amenities include a heated garage, fitness center, rooftop terrace, security system, internet, and available storage. Cats and dogs are permitted.
Key Highlights
- 700 SF one‑bedroom, one‑bath apartment
- Direct views of the Capitol from 26 S Bedford St, Unit 2102
- Kitchen equipped with refrigerator, range/oven, microwave, and dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,586
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,720
$171.7K
Cap Rate 7%
$122,657
$122.7K
Cap Rate 9%
$95,400
$95.4K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$16.3K $23.28/SF
− Vacancy
−$684 −$0.98/SF
EGI
$15.6K $22.30/SF
− OpEx
−$7.0K −$10.04/SF
NOI
$8.6K $12.27/SF
Area
Madison, WI
Vacancy
4.20%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,720
Cap Rate 7%
$122,657
Cap Rate 9%
$95,400
Alternative Uses
Best Use
Apartment 5plus
$122.7K
$107.3K – $143.1K
NOI $8,586 @ 7.0% cap · market cap 477.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$204.5K
$178.9K – $238.6K
NOI $14,314 @ 7.0% cap · market cap 795.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,482
Businesses Nearby
Explore this area
Business Placement
Demographics for 53703, WI
38,512
Population
21,025
Households
1.8
Avg Household Size
27
Median Age
69%
College-Educated
98%
High-School Grad
1.8 sq mi
ZIP Area
21,396
Density / Sq Mi
$46,618
Median Household Income
$27,923
Median Earnings
$1,445
Median Rent
$472,000
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Apartment with Capitol views, full kitchen appliances, and in-unit laundry in central Madison.
Where is this residential income property located?
The property is located at 26 S Bedford St Unit 2102 Madison, WI.
What are key features of this property?
This property features: 700 SF one‑bedroom, one‑bath apartment; Direct views of the Capitol from 26 S Bedford St, Unit 2102; Kitchen equipped with refrigerator, range/oven, microwave, and dishwasher
