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Side-by-Side Duplex
New
For Sale
$250,000

3570 Ridgeway Ave, Madison, WI 53704

Two one-bedroom apartments offer separate heat, gas, and electric service, with one unit recently refreshed.

Property SizeContact for details
Days on Market6

Property Features for 3570 Ridgeway Ave

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 2 x 1BR
Multifamily Units 2

Building Details

Year Built 1942
Listed By: Briggs Realty Group
Source: Thebriggsrealtygroup
Added: Sep 22 Changed: Sep 23 Last Checked: Sep 26 at 6:40AM

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 Briggs Realty Group

Investment Insights

Based on property information with market context.

Built in 1942, this side-by-side duplex contains two mirror-image one-bedroom apartments with direct entry. Each unit has its own heat, gas, and electric service, providing separately metered residential utility arrangements. A shared basement adds common storage or service space.

One apartment is occupied on a month-to-month basis, while the other is vacant following recent updates. The available unit can accommodate a new tenant or an owner occupant. Located at 3570 Ridgeway Ave in Madison, Wisconsin, the property is being offered for the first time in 36 years.

Key Highlights

  • Two‑unit duplex with side‑by‑side, mirror‑image apartments
  • Each apartment includes one bedroom and direct entry
  • Separate heat, gas, and electric service for both units

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Catering Service Grocery & Convenience Store

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

569
Businesses Nearby

Demographics for 53704, WI

47,066
Population
22,740
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
21.9 sq mi
ZIP Area
2,149
Density / Sq Mi
$75,007
Median Household Income
$47,665
Median Earnings
$1,231
Median Rent
$289,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 one-bedroom apartments offer separate heat, gas, and electric service, with one unit recently refreshed.
Where is this duplex located?
The property is located at 3570 Ridgeway Ave Madison, WI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two‑unit duplex with side‑by‑side, mirror‑image apartments; Each apartment includes one bedroom and direct entry; Separate heat, gas, and electric service for both units
More about this property
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