WI > Madison > Oakland Heights
Madison, WI 53711,216 Campbell Street
Madison, WI 53711,216 Campbell Street
Madison, WI 53711,216 Campbell Street
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Listed by Stark Company, REALTORS • Pref: 608-843-4442
$645,000
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7 Beds
2 Baths
2,136 SqFt
New

216 Campbell Street Madison, WI 53711

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Justin Witkins

Justin Witkins

+1(608) 843-5663

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Key Details

Property Type Multi-Family

Sub Type 2 story,2 flat-up and down

Listing Status Active

Purchase Type For Rent

Square Footage 2,136 sqft

Subdivision Oakland Heights

MLS Listing ID 1996302

Bedrooms 7

Full Baths 2

Year Built 1916

Annual Tax Amount $9,266

Tax Year 2024

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type 2 story,2 flat-up and down

Property Description

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

State WI

County Dane

Area Madison - C W14

Zoning TRC4, WP27

Direction Monroe St to Oakland St to right on Campbell St

Rooms

Basement Partial

Interior

Heating Radiant

Inclusions 2 Range/ovens, 2 refrigerators, 1 washer, 1 dryer, all window blinds.

Heat Source Natural Gas

Exterior

Parking Features 2 stall garage, Detached, 2 spaces, Outside

Building

Water Municipal water, Municipal sewer

Structure Type Vinyl

Schools

Elementary Schools Franklin/Randall

Middle Schools Hamilton

High Schools West

School District Madison

South Central Wisconsin MLS (SCWMLS)
This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2025 South Central Wisconsin MLS Corporation. All rights reserved

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Justin Witkins

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+1(608) 843-5663

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216 Campbell Street