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$650,000
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Property Description
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!
Full Property Details
Full Property Details for 308 S Brooks St
General
- Price: $650,000
- Taxes: $10,655 (2024)
- Status: Active
- Type: Apartment
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2016377
- Updated: 2/11/2026
- Added to Site: 9 day(s) ago
Interior
- Interior Features: Water Softener
Parking
- Parking Features: Outside, Parking Fee
Location
- Municipality: Madison
- County: Dane
- Driving Directions: S Park St to Left on Vilas to Right on S Brooks
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: Apartment Building, 2 Stories, 2 Flat Up and Down
- Exterior Const.: Brick
- Basement Desc.: Full, Exposed, Full-Size Windows, Partially Finished
- Year Built: 1928
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 1850
- Bedrooms: 3
Unit 2
- Square Feet: 852
- Bedrooms: 2
- Primary Bedroom: Main Level, 11 x 14
- Living Room: Main Level, 11 x 12,
- Kitchen: Main Level, 11 x 12,
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: TR-C3
Financial Considerations
- Tax Amount: $10,655
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Tenant Personal Property
- Inclusions: 2 Refrigerators, 2 Stoves, 1 Dishwasher, 1 Coin-Op Washer, 1 Coin-Op Dryer,
Listed by Stark Company, REALTORS
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Schools
Schools serving 308 S Brooks St
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Randall Elementary School 1802 Regent Street, Madison, WI 53726 | 3-5 | 0.8 mi |
Franklin Elementary School, Madison, WI 305 West Lakeside Street, Madison, WI 53715 | PK-2 | 1 mi |
Hamilton Middle School, Madison, WI 4801 Waukesha Street, Madison, WI 53705 | 6-8 | 2.8 mi |
West High School, Madison, WI 30 Ash Street, Madison, WI 53726 | 9-12 | 1.3 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 308 S Brooks St
Date
Details
Price
Change
Source
2/11/2026
Listed
$650,000
6400%
MLS
5/20/2020
Sold
$10,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 308 S Brooks St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,655
3%
$606,600
7%
2022
$10,316
3%
$566,900
8%
2021
$9,991
-2%
$524,900
12%
2021
$10,186
—
$468,700
3%
2020
$10,186
4%
$456,900
4%
2019
$9,830
9%
$439,300
9%
2018
$8,998
5%
$403,000
9%
2017
$8,546
5%
$369,700
8%
2016
$8,126
1%
$342,300
2%
2015
$8,048
-1%
$335,600
—
2014
$8,130
-3%
$335,600
—
2013
$8,353
—
$335,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 308 S Brooks St
308 S Brooks Street, Madison, WI 53715 (MLS# 2016377) is a Apartment property with 0 bedrooms and 0 full bathrooms. 308 S Brooks Street is currently listed for $650,000 and was received on February 11, 2026. Want to learn more about 308 S Brooks Street? Do you have questions about finding other Apartment real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

