216 Campbell Street, Madison, WI 53711

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$645,000

bedrooms

bathrooms

square feet

Acreage

0.2

Open Houses

year built

1916

Full Baths

Half Baths

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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!!!

Location
Subdivision	Oakland Heights
County	Dane
Elementary School	Franklin/Randall
Middle School	Hamilton
High School	West

Driving directions

Open houses

None scheduled.

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MLS number: 1996302

Listing agent: Paul Haviland

Listing broker: Stark Company Realtors (608) 256-0801

Copyright © 2025 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 1 2025 at 4:15 p.m. EDT

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