Property profile

4706 Jenewein Rd Madison, WI 53711

FOR SALE
Quadplexes
Property ID
US92-0586886
4,480 SF Built 1967
Individually Owned 6-yr Hold
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Property summary

AI-generated overview

Excellent opportunity to own a well-maintained 4-unit property in one of the strongest multifamily markets in the country. This property offers a rare and preferred 3 Bedroom, 1.5 Bath Units with a proven rental history, stable occupancy, and room to increase rents providing both immediate cash flow and future upside. Tenants love having a private 1 car garage and the convenient location. One unit is currently vacant, an ideal opportunity for an owner-occupant or an investor seeking additional rental income. The vacant unit has been updated and is in excellent condition. Major improvements have already been completed, including newer roof and gutters, newer driveway, and recent retaining wall work. Tenants pay all their own utilities, helping keep operating expenses low. A true turnkey, low-maintenance investment with no major capital expenditures anticipated, ready for its next owner.

Property profile

Verified
Property type Quadplexes
Year built 1967
Total area 4,480 SF
UPID US92-0586886

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Real Estate Agency

Location

4706 Jenewein Rd Madison, WI 53711
Madison metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2019
1 recorded transaction
2019
$374,800

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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