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Updated Triplex
For Sale
$325,000

307 Madison Ave, Cascade, WI 53011

Three-unit rental property with varied layouts, individual utility metering, in-unit laundry, and off-street parking.

Property SizeContact for details
Days on Market18

Property Features for 307 Madison Ave

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/1BA, 2 x 2BR/1BA
Multifamily Units 3

Amenities

in-unit laundry
dedicated parking lot

Building Details

Year Built 1900
Listing Agency: Keller Williams Realty-Milwaukee Southwest
Listed By: Realty Executives Southeast
Source: Therealestatestudiowi
Added: Aug 12 Changed: Aug 28 Last Checked: Aug 29 at 8:55AM

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 Keller Williams Realty-Milwaukee Southwest

Investment Insights

Based on property information with market context.

Built in 1900, this three-unit multifamily property includes one 3-bedroom, 1-bath residence and two 2-bedroom, 1-bath residences. The property has been updated and provides in-unit laundry in each residence, supporting practical tenant functionality across the building.

Separate utility meters serve the units, and the existing arrangement allows tenants to pay their own utilities. A dedicated parking lot provides off-street parking for residents. The property is located at 307 Madison Ave in Cascade, Wisconsin.

Key Highlights

  • Three‑unit multifamily property with one 3‑bedroom, 1‑bath unit and two 2‑bedroom, 1‑bath units
  • In‑unit laundry provided in every residence
  • Separate utility meters allow tenants to pay their own utilities

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Hair Salon Carpet & Flooring Store Butcher Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

47
Businesses Nearby

Demographics for 53011, WI

2,259
Population
1,109
Households
2
Avg Household Size
48
Median Age
18%
College-Educated
93%
High-School Grad
38.3 sq mi
ZIP Area
59
Density / Sq Mi
$91,406
Median Household Income
$44,308
Median Earnings
$980
Median Rent
$244,200
Median Home Value

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?
Triplex - Three-unit rental property with varied layouts, individual utility metering, in-unit laundry, and off-street parking.
Where is this triplex located?
The property is located at 307 Madison Ave Cascade, WI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Three‑unit multifamily property with one 3‑bedroom, 1‑bath unit and two 2‑bedroom, 1‑bath units; In‑unit laundry provided in every residence; Separate utility meters allow tenants to pay their own utilities
More about this property
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