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  • $510,000

    308 S Brooks St, Madison, WI 53715

    5beds
    2,702sqft
    Apartment
    Built in 1928
    -- sqft lot
    $509,700 Zestimate®
    $189/sqft
    $3,791 Estimated rent

    Home value

    $509,700

    $484,000 - $535,000

    $3,791/mo

    Zestimate® history
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    What's special

    Back with improved price...now is the time to see it in person! This fully leased 2-unit investment presents an outstanding opportunity in one of Madison's most sought-after rental corridors. Just blocks from downtown, UW–Madison, and major hospitals, this property benefits from consistent tenant demand and a proven rental history. Both units are leased, providing immediate cash flow, while the 9 rentable parking spaces and coin-op laundry give additional income, too! 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! This is a rare chance to acquire a well-located asset with stable income today and room for increased returns tomorrow.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matt L Vigil,

    Stark Company, REALTORS,

    Rich A Wirth,

    Stark Company, REALTORS

    Bought with:

    Xinli Chen, 59747-90

    Restaino & Associates

    Source: SCWMLS,MLS#: 2026949

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Radiant
    Appliances
    • Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Dishwasher (Unit 1), Washer/Dryer (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Water Softener Owned
    Features
    • Family/Rec Room (Unit 1), Dining Room (Unit 1), Fireplace (Unit 1), Pantry ((Unit 1), Family/Rec Room (Unit 2)
    • Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2)
    • Basement: Full,Full size windows/Exposed,Partially Finished
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,702
    • Total interior livable area: 2,702 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Outside, Parking fee
    • Details: Outside
    Features
    • Levels: Two
    Lot
    • Size: 6,098 Square Feet
    • Features: Near Public Transit
    Details
    • Parcel number: 070923308196
    • Zoning: TR-C3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Brick
    Condition
    • Year built: 1928

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $189/sqft
    • Tax assessed value: $661,200
    • Annual tax amount: $12,244
    • Date on market: 6/29/2026
    • Listing terms: Arms Length
    • Inclusions: 2 Refrigerators, 2 Stoves, 1 Dishwasher, 1 Coin-Op Washer, 1 Coin-Op Dryer
    • Exclusions: Tenant Personal Property
    • Total actual rent: 47700

    Price history

    DateEventPrice
    9/2/2026Sold$510,000-7.3%$189/sqft
    Source: Public Record Report a problem
    7/19/2026Pending sale$550,000$204/sqft
    Source: SCWMLS #2026949 Report a problem
    7/6/2026Listed for sale$550,000-15.4%$204/sqft
    Source: SCWMLS #2026949 Report a problem
    4/18/2026Listing removed$650,000$241/sqft
    Source: WIREX MLS #2016377 Report a problem
    2/11/2026Listed for sale$650,000+38.7%$241/sqft
    Source: WIREX MLS #2016377 Report a problem
    1/28/2020Sold$468,800+39.9%$174/sqft
    Source: Public Record Report a problem
    1/31/2014Sold$335,000-2.3%$124/sqft
    Source: Public Record Report a problem
    10/3/2005Sold$343,000$127/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,244 +3.1%$661,200 +9%
    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

    Neighborhood: Greenbush

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Franklin/Randall
    • Middle: Hamilton
    • High: West
    • District: Madison

    Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $509,700

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $509,700