Madison, WI Real Estate Listings



FOR SALE: $645,000 - 216 campbell street, madison, WI
0
Bedrooms
Baths
0
Sq Feet
Lot Size
Waterfront
Lot Size
N
Waterfront


Property Essentials

  • MLS #
    1996302
  • Listing Key
    803733446176
  • Price
    $645,000
  • Beds
    0
  • Total Baths
  • Full Baths
    0
  • Half Baths
    0
  • Taxes
    $9,266
  • Tax Year
    2024
  • Property Type
    Multi-Family
  • Building Type
    2 Story,2 Flat Up and Down
  • Est Age Range
    21+ Years
  • New Construction
    N
  • Zoning
    TRC4, WP27
  • Source Acres
    Assessor/Public Record


Location

  • Address
    216 Campbell Street
  • Display Street Number
    216
  • Municipality
    City of MADISON
  • Postal City
    Madison
  • Street Name
    Campbell Street
  • Street Suffix
    STREET
  • Subdivision
    Oakland Heights
  • Postal Code
    53711
  • County
    DANE


Schools

  • School District
    Madison
  • Elementary School
    Franklin/Randall
  • Middle School
    Hamilton
  • High School
    West


Interior

  • Interior Features
    High Speed Internet
  • Basement
    Partial
  • Heat/Fuel
    Natural Gas
  • Heating/Cooling
    Radiant/Electric
  • Water Waste
    Municipal Water, Municipal Sewer


Exterior

  • Exterior
    Vinyl
  • Garage
    2 Car, Detached
  • Garage Spaces Total
    2.0
  • Parking
    2 Space, Outside


Misc

  • Licensee Interest
    Y
  • Limited Service
    N
  • List Office
    Stark Company, REALTORS



This well-maintained duplex features a 3-bed and 4-bed unit, generating $59,868 annual gross income. Current rents: $1,970 & $2,519/month, plus $410 for parking & $90 laundry income. With a Gross Rent Multiple (GRM) under 10.8 on in-place rents, this property offers strong cash flow in an A+ location! 2025 updates include a new rubber membrane on the upper roof, increased attic insulation, & freshly painted garage. 2024 updates include new vinyl siding, new aluminum fascia/soffits & gutters. This is the largest and best lot on the block with a full 2-car garage, you can add a second story to take advantage of Madison's ADU laws leveraging this prime location. Recent area comps range from a GRM of 11.9 to 15.1 making this an excellent value and must see!

Contact Place Perfect Realty

(920) 434-2400


Inquire About This Property







Room Dimensions


RoomBasement
Level
Lower
Level
Main
Level
Upper
Level
 


Directions


Monroe St to Oakland St to right on Campbell St



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the RANW MLS. Real estate listings held by brokerage firms other than Place Perfect Realty and The Commercial Place are marked with the MLS icon and include the name of the listing broker. Only listings of Brokers participating in IDX are included.

Information herein is not warranted and subject to change without notice. We assume no liability for errors. We believe this information to be correct, however, buyers should check for themselves.