Turn-Key 4-Unit Apartment
For Sale
$614,900
701 Pinecrest Dr, Madison, WI 53714
All-brick 4-unit property with boiler heat and hard-surface flooring; three units are leased through mid-2027.
Property Size850 SF
Price / SF$723.41
Days on Market95
Property Features for 701 Pinecrest Dr
General Information
Standard status
Active
Size
850 SF
Property subtype
Multi-Family
Occupancy
75%
Additional Details
Business Included
Yes
Multifamily Units
4
Building Details
Year Built
1957
Listing Agency:
Design Realty LLC
Listed By:
Jessica Janssen · License #9058008
(920) 819-2158
Source:
Holtrealestateteam
Added: Jul 9
Changed: Sep 11
Last Checked: Oct 7 at 3:18PM
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 Design Realty LLC
Investment Insights
Based on property information with market context.
This all-brick 4-unit apartment building is offered turn-key and designed for low-maintenance ownership. Each unit features hard-surface flooring throughout, helping reduce the need for carpet replacement. Boiler heat services the building. Three of the four units are already leased through mid-2027, while the fourth unit is currently vacant and available for immediate viewing.
The property is located at 701 Pinecrest Drive in Madison’s East Side, with convenience to parks, dining, and transit.
From a practical occupancy standpoint, the current lease status provides near-term stability with a unit available now for a new tenant.
The property is located at 701 Pinecrest Drive in Madison’s East Side, with convenience to parks, dining, and transit.
From a practical occupancy standpoint, the current lease status provides near-term stability with a unit available now for a new tenant.
Key Highlights
- All‑brick 4‑unit building built in 1957
- 3 of 4 units leased through mid‑2027
- Boiler heat
Property Analytics
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Current Use
Lease Details
4
Residential units
75%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - All-brick 4-unit property with boiler heat and hard-surface flooring; three units are leased through mid-2027.
Where is this quadplex located?
The property is located at 701 Pinecrest Dr Madison, WI.
What is the asking price?
The asking price for this property is $614,900.
What are key features of this property?
This property features: All‑brick 4‑unit building built in 1957; 3 of 4 units leased through mid‑2027; Boiler heat
