308 S Brooks Street, Madison, WI 53715

Madison
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
Listed by: matt vigil, rich wirth
Office: stark company, realtors
MLS#:2016377
Source:Metro MLS
308 S Brooks Street,Madison, WI 53715
$650,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$650,000

About this home

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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Home facts

  • Year built:1928
  • Listing ID #:2016377
  • Added:45 day(s) ago
  • Updated:March 29, 2026 at 03:10 PM

Rooms and interior

  • Basement Description:Exposed, Full, Full Size Windows, Partially Finished

Heating and cooling

  • Heating:Natural Gas, Radiant/Electric

Structure and exterior

  • Year built:1928
  • Lot area:0.14 Acres
  • Construction Materials:Brick
  • Levels:2 Story

Schools

  • High school:West
  • Middle school:Hamilton
  • Elementary school:Franklin/Randall

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$650,000
  • Tax amount:$10,655 (2024)

Features and amenities

  • Amenities:Water Softener

Parking

  • Parking description:Outside, Parking Fee
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