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!
Active
$650,000
308 South Brooks Street, Madison, WI 53715
5beds
2,702sqft
Est.:
Multi Family, Apartment
Built in 1928
-- sqft lot
$636,100 Zestimate®
$241/sqft
$-- HOA
What's special
- 17 days |
- 3,077 |
- 56 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: February 13, 2026 at 07:54am
Listed by:
Matt Vigil Pref:608-852-7411,
Stark Company, REALTORS,
Rich Wirth 608-516-8886,
Stark Company, REALTORS
Source: WIREX MLS,MLS#: 2016377
Originating MLS: South Central Wisconsin MLS
Originating MLS: South Central Wisconsin MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 1
Heating
- Natural Gas, Radiant/Electric
Appliances
- Included: Water Softener
Features
- Basement: Full,Exposed,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 2,702
- Total interior livable area: 2,702 sqft
Property
Parking
- Parking features: Outside, Parking Fee
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,098.4 Square Feet
Details
- Parcel number: 070923308196
- Zoning: TR-C3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Madison
- Municipality: Madison
Financial & listing details
- Price per square foot: $241/sqft
- Tax assessed value: $661,200
- Annual tax amount: $10,655
- Date on market: 2/11/2026
- Inclusions: 2 Refrigerators, 2 Stoves, 1 Dishwasher, 1 Coin-Op Washer, 1 Coin-Op Dryer,
- Exclusions: Tenant Personal Property
Estimated market value
$636,100
$604,000 - $668,000
$2,781/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2026 | Listed for sale | $650,000+38.7%$241/sqft |
Source:  WIREX MLS #2016377 Report a problem | ||
| 1/28/2020 | Sold | $468,800+39.9%$174/sqft |
Source: Public Record Report a problem | ||
| 1/31/2014 | Sold | $335,000-2.3%$124/sqft |
Source: Public Record Report a problem | ||
| 10/3/2005 | Sold | $343,000$127/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,874 +4% | $606,600 +7% |
| 2023 | $11,422 | $566,900 +8% |
| 2022 | -- | $524,900 +12% |
| 2021 | -- | $468,700 +2.6% |
| 2020 | -- | $456,900 +4% |
| 2019 | $8,998 | $439,300 +9% |
| 2018 | $8,998 +5.3% | $403,000 +9% |
| 2017 | $8,546 +6.2% | $369,700 +8% |
| 2016 | $8,048 -0.1% | $342,300 +2% |
| 2014 | $8,053 +5.2% | $335,600 |
| 2013 | $7,655 -4.9% | $335,600 |
| 2012 | $8,046 +5.1% | $335,600 |
| 2011 | $7,655 +3.6% | $335,600 |
| 2010 | $7,390 +2.7% | $335,600 -5% |
| 2009 | $7,195 +5.2% | $353,300 |
| 2008 | $6,840 +1.5% | $353,300 +3% |
| 2007 | $6,739 -0.3% | $343,000 |
| 2006 | $6,758 -0.3% | $343,000 +5.2% |
| 2005 | $6,776 +9.8% | $326,000 +17.5% |
| 2004 | $6,173 +2.7% | $277,500 |
| 2003 | $6,010 +6.7% | $277,500 +15.6% |
| 2002 | $5,633 +4% | $240,100 +9% |
| 2001 | $5,416 +6.9% | $220,300 +10% |
| 2000 | $5,068 | $200,300 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,788/mo
Principal & interest
$2986
Property taxes
$802
Climate risks
Neighborhood: Greenbush
Nearby schools
GreatSchools rating
- 9/10Randall Elementary SchoolGrades: 3-5Distance: 0.8 mi
- 8/10Hamilton Middle SchoolGrades: 6-8Distance: 2.8 mi
- 9/10West High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Franklin/Randall
- Middle: Hamilton
- High: West
- District: Madison
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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