216 Campbell Street, Madison, WI 53711

$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 and $2,519\month, plus $410 for parking and ~$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, and freshly painted garage. 2024 updates include new vinyl siding, new aluminum fascia\soffits and 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: Wednesday, April 2 2025 at 10:01 a.m. EDT

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