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Side-by-Side Duplex
New
For Sale
$399,900

3414 Richard St, Madison, WI 53714

Two separate residences provide individual entries, central air conditioning, shared laundry, and dedicated off-street parking.

Property Size714 SF
Price / SF$560.08
Days on Market2

Property Features for 3414 Richard St

General Information

Standard status Active
Size 714 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

central A/C
shared laundry

Building Details

Year Built 1964
Buildings 1
Listing Agency: Stark Company, REALTORS
Listed By: Matt Kornstedt · License #5435890
Source: Holtrealestateteam
Added: Sep 7 Last Checked: Sep 7 at 3:07PM

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 Stark Company, REALTORS

Investment Insights

Based on property information with market context.

Built in 1964, this side-by-side duplex offers two separate residences with individual entrances, central A/C, shared laundry, and dedicated off-street parking. The property is occupied by long-term month-to-month tenants, providing flexibility for an owner-user or continued rental operation.

A Lifetime OC Flex Class 4 roof with new wood is identified as completed in June 2026. Hardwood flooring is believed to remain beneath carpeted living rooms and bedrooms on both sides, although overall condition is not confirmed. The property is near Olbrich Park & Gardens and the Lake Monona Bike Loop, with access to Garver Feed Mill via the Starkweather Creek pedestrian bridge.

Key Highlights

  • Side‑by‑side duplex with separate entrances for each residence
  • Central A/C, shared laundry, and dedicated off‑street parking
  • Lifetime OC Flex Class 4 roof with new wood completed in June 2026

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store HVAC Service Barber Shop 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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

388
Businesses Nearby

Demographics for 53714, WI

16,289
Population
7,975
Households
2
Avg Household Size
40
Median Age
40%
College-Educated
95%
High-School Grad
4.6 sq mi
ZIP Area
3,541
Density / Sq Mi
$69,862
Median Household Income
$41,738
Median Earnings
$1,220
Median Rent
$275,000
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?
Duplex - Two separate residences provide individual entries, central air conditioning, shared laundry, and dedicated off-street parking.
Where is this duplex located?
The property is located at 3414 Richard St Madison, WI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Side‑by‑side duplex with separate entrances for each residence; Central A/C, shared laundry, and dedicated off‑street parking; Lifetime OC Flex Class 4 roof with new wood completed in June 2026
More about this property
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