Campus Area Two-Flat Investment
For Sale
Contact for pricing
Pending
508-510 W Mifflin Street, Madison, WI 53703
Two-flat investment property near campus, currently rented as single house.
Property SizeContact for details
Days on Market173
Property Features for 508-510 W Mifflin Street
General Information
Standard status
Pending
Total Parking Spaces
2
Property subtype
Multifamily
Zoning
Res
Building Details
Year Built
1905
Units
2
Listing Agency:
Madcityhomes.Com
(608) 556-0033
Listed By:
Caleb Payne · License #93139-94
Source:
Crexi
Added: Mar 11
Changed: Aug 8
Last Checked: Jul 25 at 8:21AM
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 Madcityhomes.Com
Investment Insights
Based on property information with market context.
This two-flat investment property is located in a campus housing area. The multi-unit property has a flexible layout and is currently rented as a single house with one lease at $4,570 per month. There are two parking spots currently leased at $135 each per month. The 2026/27 lease is signed for $4,800 per month with one parking spot at $135 per month. Tenants are responsible for their own gas, electrical, and water utilities. The property features original wood floors and trim, and a new roof installed in 2022. The property is rented through August 14, 2026. A driveway easement agreement is on file.
Key Highlights
- Prime investment property in campus housing area.
- Existing lease in place through 8/14/26, providing immediate income.
- Signed lease for 2026/27 at $4,800 per month plus $135 for parking.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,624
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-flat investment property near campus, currently rented as single house.
Where is this duplex located?
The property is located at 508-510 W Mifflin Street Madison, WI.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: Prime investment property in campus housing area.; Existing lease in place through 8/14/26, providing immediate income.; Signed lease for 2026/27 at **$4,800 per month plus $135 for parking**.
