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    Property profile & analytics

    3324 Milwaukee St Madison, WI 53714-1866

    • Apartment buildings
    • 2,508 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    $2,340,000
    Last Sale
    Aug 30, 2022
    $2,213,000
    Location Intelligence
    Property ID
    US92-0564595
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • MHS Professional Services / Service Establishment / Consultant
    • Fair Oaks Apartments / Apartment Building
    • Mills Winfield / Engineering Consultant / Real Estate

    Property Details for 3324 Milwaukee St

    Year built
    1973
    Lot size
    0.30 lot acres
    Property size
    2,508 SF
    Zone code
    NMX
    Property type
    Apartment buildings
    APN
    0710-051-0912-1
    APU
    71005109121

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,415,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,055,000
      6.5%
      $2,375,000
      7%
      $2,065,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,125,000
      Geo Method
      $2,120,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,435,000
      Retail
      $1,920,000
      Mixed-Use
      $2,280,000
      Hospitality
      $2,370,000
      Educational
      $1,915,000
      Residential Income
      $2,535,000
      Energy
      $2,265,000
      Income-Based Land
      $2,270,000
      Food Service
      $2,040,000

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3322
    Latitude
    43.1001
    CBSA code
    31540
    CBSA name
    MADISON, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $24,169
    $57,000
    $1,347,000
    $1,404,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      127,872 SF

      902 Royster Oaks Dr

      APARTMENT HOUSE (5+ UNITS) • 127,872 SF
      902 Royster Oaks Dr, Madison, WI 53714-9101
      View Details
    • Value Estimation by Request
      31,628 SF

      3314 Thorp St

      APARTMENT HOUSE (5+ UNITS) • 31,628 SF
      3314 Thorp St, Madison, WI 53714-2267
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    • Value Estimation by Request
      2,882 SF

      110 Rosemary Ave

      APARTMENT HOUSE (5+ UNITS) • 2,882 SF
      110 Rosemary Ave, Madison, WI 53714-1800
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    • Value Estimation by Request
      3,696 SF

      818 Vernon Ave

      APARTMENT HOUSE (5+ UNITS) • 3,696 SF
      818 Vernon Ave, Madison, WI 53714-3278
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    • Value Estimation by Request
      3,696 SF

      714 Vernon Ave

      APARTMENT HOUSE (5+ UNITS) • 3,696 SF
      714 Vernon Ave, Madison, WI 53714-3271
      View Details
    • Value Estimation by Request
      3,696 SF

      722 Vernon Ave

      APARTMENT HOUSE (5+ UNITS) • 3,696 SF
      722 Vernon Ave, Madison, WI 53714-3272
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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      10,000 SF industrial space available for lease.
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    3324 Milwaukee St
    Madison, WI 53714-1866
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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