REQUEST A TOUR

Alexander Dempsey

alex@northernwi.realestate +1(715) 681-2879

Listed by Brad Chapman • Real Broker LLC

$ 825,000

Est. payment -/mo

Save

Active

58 Sunfish Court Madison, WI 53713

8 Beds

0.29 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality MADISON

MLS Listing ID 2024342

Bedrooms 8

Year Built 1987

Annual Tax Amount $11,102

Tax Year 2025

Lot Size 0.290 Acres

Acres 0.29

Property Description

Quality 4-plex's in Madison are virtually nonexistent, making this Madison opportunity one you won't want to overlook. Three units are currently leased with a fourth vacant and move-in ready, ideal for an owner-occupant or immediate lease-up. Pro-forma rents of $1,500 to $1,600 per unit put projected gross annual income near $75,000 with strong upside potential. Built in 1987 and thoughtfully maintained, the property features a new roof (2025), fresh paint, some new flooring, and some kitchen and bathroom updates throughout. Slab foundation construction keeps maintenance simple and costs predictable. A standout feature rarely seen on multi-family properties: every unit includes its own attached private single-car garage, in-unit laundry, dishwasher, A/C, and a private patio or deck. Located off Fish Hatchery Rd with easy access to the Beltline, downtown Madison, and bike trails. A turnkey asset in a proven rental corridor and a compelling addition to any serious investment portfolio.

Location

State WI

County Dane

Zoning Res

Rooms

Basement None / Slab

Interior

Heating Natural Gas

Cooling Forced Air

Inclusions 4 Stoves, 4 Refrigerators, 4 Dishwashers, 4 A/C-Heater Combo Units, 4 Washers, 4 Dryers

Exterior

Exterior Feature Vinyl

Parking Features 1 Car, Attached, Opener Included

Garage Spaces 1.0

Utilities Available Separate Electric Meters, Separate Gas Meters

Building

Dwelling Type Apartment Building

Sewer Municipal Water, Municipal Sewer

New Construction N

Schools

Elementary Schools Leopold

Middle Schools Cherokee

High Schools West

School District Madison

GET MORE INFORMATION

NEARBY SCHOOLS & PROPERTIES