Brick 4-Unit Apartment
For Sale
$599,000
918 Magnolia Lane, Madison, WI 53713
All four residences are leased through 2027, with a dedicated parking space for each unit.
Property SizeContact for details
Days on Market9
Property Features for 918 Magnolia Lane
General Information
Standard status
Active
Property subtype
Residential Income
Occupancy
100%
Site & Location
Neighborhood
Burr Oaks Neighborhood Association
Units
Multifamily Units
4
Parking per Unit
1
Additional Details
Tenant in Place
Yes
Building Details
Construction
all-brick
Listing Agency:
GeorgeSon Realty, LLC
Listed By:
Chue Xiong
(608) 770-6030
Source:
Exprealty
Added: Oct 26
Changed: Nov 1
Last Checked: Nov 3 at 7:21AM
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 GeorgeSon Realty, LLC
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Investment Insights
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This four-unit apartment building has all-brick construction and was insulated in 2022. Each residence has its own furnace, with all furnaces updated that year. Unit 2 has been remodeled, and water heaters were replaced in three units in 2026. The water lateral was replaced in 2023.
All four units are leased through 2027. Each has one designated parking stall, with additional on-street parking available. Residents pay their own electrical costs.
All four units are leased through 2027. Each has one designated parking stall, with additional on-street parking available. Residents pay their own electrical costs.
Key Highlights
- Four residential units, all leased through 2027
- All‑brick construction; building insulation completed in 2022
- Separate furnace for each unit; all furnaces updated in 2022
Property Analytics
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
768
Businesses Nearby
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Business Placement
Demographics for 53713, WI
23,291
Population
11,635
Households
2
Avg Household Size
32
Median Age
39%
College-Educated
86%
High-School Grad
9.8 sq mi
ZIP Area
2,377
Density / Sq Mi
$57,833
Median Household Income
$36,998
Median Earnings
$1,173
Median Rent
$259,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - All four residences are leased through 2027, with a dedicated parking space for each unit.
Where is this quadplex located?
The property is located at 918 Magnolia Lane Madison, WI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Four residential units, all leased through 2027; All‑brick construction; building insulation completed in 2022; Separate furnace for each unit; all furnaces updated in 2022
