Property profile

3179 Ridgeway Ave Madison, WI 53704

OFF-MARKET
Apartment buildings
Property ID
US92-0872792
4,713 SF 0.17 ac lot Built 1984
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1984
Total area 4,713 SF
Lot 0.17 ac (7,488 SF)
Zoning code SR-V1
APN 0810-323-0404-0
UPID US92-0872792

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3179 Ridgeway Ave Madison, WI 53704-4366
Madison metro Census 2500 MADISON, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$675k
CAP Approach CAP
$890k
Comparable Approach Comparable
by Request
Blend (final) Blend
$675k

Owner & transaction history

since 2024
Last sale
$675,000
4 recorded transactions
2024
$675,000
2022
$550,000
2021
Price N/A
2021
Price N/A

Zoning & alternative use

SR-V1 · Madison, WI
Zoning description

The SR-V Districts are established to stabilize and protect the essential characteristics of residential areas of varying densities and housing types typically located in the outlying parts of the City and to promote and…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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