Two-Unit Duplex
7404 University Avenue Middleton, WI 53562
7404 University Avenue, Middleton, WI, 53562
$637,900
For Sale
$637,900
Duplex with two units, including a main-floor second bedroom currently used as a den.
Property Size2,157 SF
Price / SF$295.73
Days on Market11
Property Features for 7404 University Avenue
General Information
- Standard status
- Active
- Size
- 2,157 SF
- Property subtype
- Multi Family / 2 story
Building Details
- Year Built
- 999
Listing agency
MHB Real Estate
(608) 709-9001
Listed by
Chris Barreau · License #77983-94
(608) 709-9001
Source
Compass
Added: Jul 12 Updated: Jul 21 at 7:24PM Checked: Jul 21 at 7:24PM
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 MHB Real Estate
Investment Insights
Based on property information with market context.
This two-unit duplex offers a practical owner-occupant or investment setup, with separate living spaces designed for residential income. The property includes a main-floor second bedroom that is currently used as a den, providing flexible interior space within the unit layout.
Located at 7404 University Avenue in Middleton, the home is described as having easy access to both Middleton and Madison, with proximity to shopping, dining, parks, and everyday amenities.
As a residential income property and duplex configuration, it can support ongoing rental revenue while maintaining the option for someone to occupy one unit and rent the other. The property is listed for sale.
Located at 7404 University Avenue in Middleton, the home is described as having easy access to both Middleton and Madison, with proximity to shopping, dining, parks, and everyday amenities.
As a residential income property and duplex configuration, it can support ongoing rental revenue while maintaining the option for someone to occupy one unit and rent the other. The property is listed for sale.
Key Highlights
- Duplex (2‑flat) with two units, including a main‑floor second bedroom currently used as a den
- Partial basement with block foundation, sump pump, and unfinished area
- Forced‑air heating with natural gas fuel
Local 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 | $29.8k | $13.80 |
| − Vacancy | −$1.5k | −$0.69 |
| EGI | $28.3k | $13.11 |
| − OpEx | −$8.5k | −$3.93 |
| NOI | $19.8k | $9.18 |
2,157 SF · lease $13.80/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$282.8K
$247.4K – $329.9K
NOI $19,795 @ 7.0% cap · market cap 3.10%
Second Best
Apartment 5plus
$248.6K
$217.5K – $290.0K
NOI $17,402 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$501.2K
$438.6K – $584.8K
NOI $35,087 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with two units, including a main-floor second bedroom currently used as a den.
Where is this duplex located?
The property is located at 7404 University Avenue Middleton, WI.
What is the asking price?
The asking price for this property is $637,900.
What are key features of this property?
This property features: Duplex (2‑flat) with two units, including a main‑floor second bedroom currently used as a den; Partial basement with block foundation, sump pump, and unfinished area; Forced‑air heating with natural gas fuel
