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Madison Multifamily Lot For Sale
For Sale
$160,000

6418 Driscoll Drive lot 30, Madison, WI 53718

Lots & Acreage, Madison, WI

Property SizeContact for details
Lot Size0.23 Acres
Days on Market139

Property Features for 6418 Driscoll Drive lot 30

General Information

Property type Land
Property subtype Other
Zoning R-4
Zoning description Multi-family
Subdivision Nelson's Addition to Rustic Acres
Elementary school Kennedy
Middle school Whitehorse
High school Lafollette
Elementary school district Madison
Middle school district Madison
High school district Madison
Directions Milwaukee St to Rustic Dr to Driscoll Dr
Standard status Active
APN 0710-024-2002-5
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description NELSON'S ADDITION TO RUSTIC ACRES, LOT 3
Tax Annual Amount 2518
Legal Description NELSON'S ADDITION TO RUSTIC ACRES, LOT 3
Listing Agency: Restaino & Associates
Listed By: Jim Wilson · License #5621490
Added: Jun 16 Changed: Oct 16 Last Checked: Nov 1 at 12:06PM
MLS# 2016774

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 0.23-acre lot, located on the east side of Madison, Wisconsin, is zoned R-4 and has approved plans for a four-unit residential building. The site is situated in an area experiencing new single and multifamily development, with a strong rental market. The approved plans feature three-bedroom units, each with two-car garages. A city requirement for obtaining a building permit is the installation of a storm water drainage pipe along the rear of the lot, closest to Milwaukee Street. The property is located in Madison, WI 53718, Dane County.

Key Highlights

  • Approved plans ready to build a 4‑unit building.
  • Located in an area of new Single & Multifamily Development.
  • Strong rental market and rents.

Property Analytics

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Suggested Use

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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

92
Businesses Nearby

Demographics for 53718, WI

17,034
Population
8,408
Households
2
Avg Household Size
37
Median Age
49%
College-Educated
96%
High-School Grad
20.8 sq mi
ZIP Area
819
Density / Sq Mi
$94,899
Median Household Income
$60,518
Median Earnings
$1,606
Median Rent
$328,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - Eastside 0.23-acre lot with approved plans for four units.
Where is this land located?
The property is located at 6418 Driscoll Drive lot 30 Madison, WI.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Approved plans ready to build a 4‑unit building.; Located in an area of new Single & Multifamily Development.; Strong rental market and rents.
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