Corner-Lot Duplex For
6934-6938 Chester Drive Madison, WI 53719
For Sale
$650,000
Duplex on a corner lot configured for tenant privacy, offered for sale.
Property Size2,106 SF
Price / SF$308.64
Days on Market271
Property Features for 6934-6938 Chester Drive
General Information
- Standard status
- Active
- Size
- 2,106 SF
- Property subtype
- Multi Family / Duplex-side by side
Building Details
- Year Built
- 1985
Listing Agency:
Bunbury & Assoc, REALTORS
(608) 575-9272
Listed By:
Eric Olson · License #69746-94
(608) 575-9272
Source:
Compass
Added: Oct 27, 2025
Changed: Jul 23
Last Checked: Jul 24 at 12:47PM
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 Bunbury & Assoc, REALTORS
Investment Insights
Based on property information with market context.
This for-sale duplex features two residential units in a corner-lot setting. The property is described as having a stately appearance and is positioned to provide tenants with a greater sense of privacy.
Set on a corner lot at 6934–6938 Chester Drive in Madison, the building offers an arrangement that can help reduce direct overlap between neighboring sides.
Ideal for buyers seeking a residential income property, this duplex provides a straightforward two-unit structure within a corner-lot layout.
Set on a corner lot at 6934–6938 Chester Drive in Madison, the building offers an arrangement that can help reduce direct overlap between neighboring sides.
Ideal for buyers seeking a residential income property, this duplex provides a straightforward two-unit structure within a corner-lot layout.
Key Highlights
- Duplex on a corner lot configured to offer tenant privacy
- Year built: 1985
- Full, partially finished basement
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.7k | $19.80 |
| − Vacancy | −$1.9k | −$0.89 |
| EGI | $39.8k | $18.91 |
| − OpEx | −$11.9k | −$5.67 |
| NOI | $27.9k | $13.24 |
2,106 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$398.2K
$348.5K – $464.6K
NOI $27,876 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$369.0K
$322.9K – $430.6K
NOI $25,833 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$615.2K
$538.3K – $717.7K
NOI $43,063 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex on a corner lot configured for tenant privacy, offered for sale.
Where is this duplex located?
The property is located at 6934-6938 Chester Drive Madison, WI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Duplex on a corner lot configured to offer tenant privacy; Year built: 1985; Full, partially finished basement
