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308 S Brooks Street

Madison, WI 53715
  • $650,000
  • STATUS: Active
  • ON SITE: 58 Days
  • ID#: 2016377
$650,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1928
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Stark Company, REALTORS: 608-256-9011

Description

Rare opportunity to own a fully leased investment property on S. Brooks St., down the street from downtown Madison, UW–Madison, and major hospitals in your back yard. Strong in-place income today with clear upside to adjust to market rate, offering an immediate value-add opportunity through rent adjustments over time. Additional income potential exists through currently unrented parking spaces, creating a simple path to increase NOI without additional capital investment. Prime location supports long-term demand from students, medical professionals, and downtown commuters. Ideal for investors seeking stable cash flow with built-in growth opportunities!

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© 2026 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2026-04-10T23:41:32.107.
www.klodowskirealestate.com/homes/172968277
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308 S Brooks Street Madison, WI 53715

  • Price: $650,000
  • Status: Active
  • On Site: 58 Days
  • ID#: 2016377
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1928
Built
Neighborhood:
Madison - C W14
County:
Dane
Area:
Madison - C W14
Elementary School:
Franklin/Randall
Middle School:
Hamilton
High School:
West
School District:
Madison
Property Description
Rare opportunity to own a fully leased investment property on S. Brooks St., down the street from downtown Madison, UW–Madison, and major hospitals in your back yard. Strong in-place income today with clear upside to adjust to market rate, offering an immediate value-add opportunity through rent adjustments over time. Additional income potential exists through currently unrented parking spaces, creating a simple path to increase NOI without additional capital investment. Prime location supports long-term demand from students, medical professionals, and downtown commuters. Ideal for investors seeking stable cash flow with built-in growth opportunities!
Exterior Features

Exterior Brick Parking Spaces Outside 9 Parking Stalls Inside 0 Type Apartment building2 story2 flat-up and down Unit1 Parking 1 Space Unit2 Parking 1 Space

Interior Features

Basement FullFull size windows/ExposedPartially finished Clothes Dryers 1 Clothes Washers 1 Dish Washers 1 Heating Type Radiant Number Of Efficiencies 0 Number Of One Bedrooms 0 Number Of Three Plus Beds 1 Number Of Two Bedrooms 1 Refrigerators 2 Stoves 2 Unit1 Family/Rec rmDining roomFireplaceRange/ovenRefrigeratorDishwasherWasher/dryerWood or sim. wood floorPantry Unit1 Bedrooms 3 Unit1 Full Baths 2 Unit1 Half Baths 0 Unit1 Kitchen Dim 10x12 Unit1 Living Great Room Dim 13x16 Unit1 Master Bedroom Dim 16x16 Unit1 Sq Ft 1850 Unit2 Family/Rec rmRange/ovenRefrigeratorWood or sim. wood floor Unit2 Bedrooms 2 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Kitchen Dim 11x12 Unit2 Living Great Room Dim 11x12 Unit2 Master Bedroom Dim 11x14 Unit2 Sq Ft 852 Units With AC 0

Property Features

Association South Central WI City Town Or Village City County Quarter West Metro Madison Fuel Natural Gas Furnaces 1 Legal Documents Lease(s) on fileIncome/Exp Report AvailCondition report on file Mailing City Madison Miscellaneous Close to bus lineWater Softener Owned Net Operating Income 41235 Net Taxes 10655 Park Unit OutsideParking fee Source Acreage Assessor Tax Year 2024 Total Expenses 15728 Total Income 56963 Unit1 Rent 2850 Unit2 Rent 1540 Water Heaters 1 Water Softeners 0 Water Waste Municipal sewerMunicipal water Year Built Source Assessor Zoning TR-C3

Listing information © 2026 South Central Wisconsin MLS.
Listing provided courtesy of Stark Company, REALTORS: Pref: 608-852-7411.



© 2026 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2026-04-10T23:41:32.107.
 
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Klodowski Real Estate
N8053 State Road 33, Suite 2
Beaver Dam WI, 53916
Listing provided by Stark Company, REALTORS: 608-256-9011