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$715,000
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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!
Full Property Details
Full Property Details for 216 Campbell St
General
- Sold For: $715,000
- Taxes: $9,266 (2024)
- Status: Closed
- Type: Multi-Family
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 1996302
- Added to Site: 325 day(s) ago
Interior
- Interior Features: High-Speed Internet
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: 2 Spaces, Outside
- Garage Description: 2 Car, Detached
Location
- Municipality: Madison
- County: Dane
- Subdivision: Oakland Heights
- Driving Directions: Monroe St to Oakland St to right on Campbell St
School Information
- School District: Madison
- Elementary School: Franklin/Randall
- Middle School: Hamilton
- High School: West
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Radiant/Electric
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: 2 Stories, 2 Flat Up and Down
- Exterior Const.: Vinyl
- Basement Desc.: Partial
- Year Built: 1916
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 1068
- Bedrooms: 3
Unit 2
- Square Feet: 1068
- Bedrooms: 4
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: TRC4, WP27
Financial Considerations
- Tax Amount: $9,266
- Tax Year: 2024
Disclosures and Reports
- Inclusions: 2 Range/ovens, 2 refrigerators, 1 washer, 1 dryer, all window blinds.
Listed by Stark Company, REALTORS
Sold by @properties-elleven Christie's
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Schools
Schools serving 216 Campbell St
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Randall Elementary School 1802 Regent Street, Madison, WI 53726 | 3-5 | 0.4 mi |
Franklin Elementary School, Madison, WI 305 West Lakeside Street, Madison, WI 53715 | PK-2 | 1.4 mi |
Hamilton Middle School, Madison, WI 4801 Waukesha Street, Madison, WI 53705 | 6-8 | 2.4 mi |
West High School, Madison, WI 30 Ash Street, Madison, WI 53726 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 216 Campbell St
Date
Details
Price
Change
Source
5/14/2025
Sold
$715,000
10.85%
MLS
3/31/2025
Listed
$645,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
216 Campbell Street, Madison, WI 53711 (MLS# 1996302) is a Multi-Family property that was sold at $715,000 on May 14, 2025. Want to learn more about 216 Campbell Street? Do you have questions about finding other Multi-Family real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

