Renovated Four-Unit
For Sale
Contact for pricing
Pending
2923 Turbot Drive, Madison, WI 53713
R4-zoned multifamily property with all four units leased.
Property SizeContact for details
Days on Market387
Property Features for 2923 Turbot Drive
General Information
Standard status
Pending
Total Parking Spaces
4
Property subtype
Multifamily
Zoning
R4
Occupancy
100%
Additional Details
Multifamily Units
4
Building Details
Year Built
1984
Units
4
Listing Agency:
Barnes & Associates Realty Group
Listed By:
Noel Barnes · License #57974-90
Source:
Crexi
Added: Aug 8, 2025
Changed: Aug 29
Last Checked: Aug 29 at 5:15PM
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 Barnes & Associates Realty Group
Investment Insights
Based on property information with market context.
This four-unit multifamily property at 2923 Turbot Drive in Madison was built in 1984 and is fully leased. Recent work has been completed in multiple units, along with updates to the shared common areas and the building exterior.
The property carries R4 zoning and is situated in Central Madison. Its four-unit configuration, leased occupancy, and combination of interior, common-area, and exterior improvements provide a concise profile for evaluating the asset.
The property carries R4 zoning and is situated in Central Madison. Its four-unit configuration, leased occupancy, and combination of interior, common-area, and exterior improvements provide a concise profile for evaluating the asset.
Key Highlights
- Four‑unit multifamily property with all units leased
- R4 zoning
- Built in 1984
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,114
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?
Quadplex - R4-zoned multifamily property with all four units leased.
Where is this quadplex located?
The property is located at 2923 Turbot Drive Madison, WI.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four‑unit multifamily property with all units leased; R4 zoning; Built in 1984
