Listed By: Briggs Realty Group Show Phone

Source: Thebriggsrealtygroup

Added: Oct 30 Last Checked: Nov 3 at 6:38AM

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Investment Insights

Based on property information with market context.

This Madison portfolio comprises 30 units across three buildings. At 3324 Milwaukee St, the mix includes 16 studios and two commercial units. The neighboring building at 3320 Milwaukee St contains four two-bedroom apartments, while 3138 Thorp St has eight studios with direct entry. Apartment interiors have been updated, and the properties have new roofs, newer windows, and newer parking lots.

The Milwaukee Street buildings sit next to one another. The Thorp Street property is approximately two blocks away.

Key Highlights

• 30 units across three buildings
• 3324 Milwaukee St includes 16 studios and 2 commercial units
• 3320 Milwaukee St contains four two‑bedroom apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Grocery & Convenience Store Nail Salon Accounting Firm Locksmith

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

Location Intelligence

Trade Area within ½ mile

436

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Three updated buildings offer studio and two-bedroom apartments, with two commercial units in one building.

Where is this apartment building located?

The property is located at 3320-3324 Milwaukee St Madison, WI.

What is the asking price?

The asking price for this property is $3,600,000.

What are key features of this property?

This property features: 30 units across three buildings; 3324 Milwaukee St includes 16 studios and 2 commercial units; 3320 Milwaukee St contains four two‑bedroom apartments