Listing Courtesy of: The Hub Realty
Listing Agent: Ryan Schmitz
608-345-0150
Two adjacent 8 units with 12 attached garage stalls on the west side of Madison. All units are one bedroom apartments. The buildings are condos, but the seller owns all 16 and these are being sold as two traditional apartment buildings. Middleton School District on all apartments. $235,312 in current in place rents with room to grow. Tenants pay all heat and electric. Landlord pays water/sewer.
Walkscore
| Mls #: | 2034075 |
|---|---|
| List Price: | $2,300,000 |
| Class: | Multi Family |
| Status: | Active |
| Net Taxes: | $37,414 |
| Est. Total Acres: | 1.0 |
| Waterfront Y/N: | No |
| Municipality: | Madison |
| County: | Dane |
| ZIP: | 53719 |
| Year Built: | 1988 |
| Number Of Units: | 16 |
| Location: | Madison-C W08 |
| State: | WI |
| C/T/V: | City |
| U1 Landlord Pays Heat: | No |
| U1 Landlord Pays Electric: | No |
| U1 Landlord Pays Wtr/Sew: | Yes |
| U2 Landlord Pays Heat: | No |
| U2 Landlord Pays Electric: | No |
| U2 Landlord Pays Wtr/Sew: | Yes |
| Heating Type: | Other |
| Zoning: | SR-V2 |
| High School: | Middleton |
| Middle School: | Glacier Creek |
| Elementary: | West Middleton |
| Heating Fuel: | Electric |
| Unit 1: | 1049-2 |
| U1 Lease Expiration Date: | 8/31/2027 |
| U1 Parking: | 1 Space |
| Unit 2: | 1049-3 |
| U2 Lease Expiration Date: | 7/31/2027 |
| U2 Parking: | 1 Space |
| Unit 3: | 1057-1 |
| U3 Lease Expiration Date: | 5/31/2027 |
| Unit 4: | 1057-2 |
| U4 Lease Expiration Date: | 7/31/2027 |
| # Water Heaters: | 2 |
| # Water Softeners: | 2 |
| # Stoves: | 16 |
| # Refrigerators: | 16 |
| # Dish Washers: | 16 |
| # Washers: | 4 |
| # Dryers: | 4 |
| # Units W/Ac: | 16 |
| U1 # Bedrooms: | 1 |
| U1 Full Baths: | 1 |
| U1 Half Baths: | 0 |
| U2 # Bedrooms: | 1 |
| U2 Full Baths: | 1 |
| U2 Half Baths: | 0 |
| U3 # Bedrooms: | 1 |
| Total Assess Year: | 2026 |
| Tax Year: | 2025 |
| Number Of Efficiencies: | 0 |
| Number Of 1 Bedrooms: | 16 |
| Number Of 2 Bedrooms: | 0 |
| Parking Stalls Inside: | 12 |
| Noi Year: | 2026 |
| # Furnaces: | 0 |
| U1 Sq Ft: | 657 |
| Number Of 3+ Bedrooms: | 0 |
| U2 Sq Ft: | 648 |
| U3 Full Baths: | 1 |
| U3 Half Baths: | 0 |
| Parking Spaces Outside: | 30 |
| U3 Sq Ft: | 1,044 |
| U4 # Bedrooms: | 1 |
| U4 Full Baths: | 1 |
| Land Assess: | $320,000 |
| Improvements: | $2,071,000 |
| Total Assess: | $2,391,000 |
| Total Income: | $235,312 |
| Total Expenses: | $88,023 |
| Net Operating Income: | $147,289 |
| U3 Landlord Pays Heat: | No |
| U3 Landlord Pays Electric: | No |
| U3 Landlord Pays Wtr/Sew: | Yes |
| U4 Landlord Pays Heat: | No |
| U4 Landlord Pays Electric: | No |
| U4 Landlord Pays Wtr/Sew: | Yes |
| Unit 1 Living/Great Rm Lvl: | M |
| Unit 1 Master Bed Rm Lvl: | M |
| Source Of Est. Acres: | Assessor |
| Source Of Year Built: | Assessor |
| Unit 1 Kitchen Dim: | 10x6 |
| Unit 1 Living/Great Rm Dim: | 11x11 |
| Unit 1 Master Bed Rm Dim: | 8x8 |
| County Qtr Section: | West Metro Madison |
| School District: | Middleton-Cross Plains |
| Parcel Id: | 070835101084 |
| U4 Half Baths: | 0 |
| U4 Sq Ft: | 648 |
| U1 Mo Rent: | $1,215 |
| U2 Mo Rent: | $1,255 |
| U3 Mo Rent: | $1,176 |
| U4 Mo Rent: | $1,215 |
| Type: | Apartment building, 2 story |
| Exterior: | Vinyl |
| Basement: | None, Poured concrete foundatn |
| Water/Waste: | Municipal sewer, Municipal water |
| Utilities: | Separate elec meters |
| Directions: | Whitney Way to Hammersley Rd, right on McKenna Blvd, Property is on the right |
| Items Included: | 16 refrigerators, 16 oven/stoves, 16 dishwashers, 6 washers, 6 dryers, water heater(s), water softener(s), in wall A/C's. |
| Items Excluded: | Tenant's personal property |
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South Central Wisconsin Multiple Listing Service data last updated on October 08, 2026 05:17 PM - CT.
Property Last Updated: October 08, 2026 05:17 PM - CT
