308 S Brooks St

2,702 Sq. Ft.
$241 / Sq. Ft.
2,702
Sq. Ft.
$241
per Sq. Ft.

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...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!
  1. Listed by Matt Vigil • Stark Company, REALTORS • Pref: 608-852-7411
  2. Listed by Rich Wirth • Stark Company, REALTORS

Property Details for 308 South Brooks Street

Zoning
TR-C3
LISTING UPDATED: 02/11/2026 04:16 PM

Property Details for 308 South Brooks Street

StatusActive
MLS #2016377
Days on Market1
Taxes$10,655 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Apartment building
Year Built1928
CountyDane County

Location

Listing Courtesy of Stark Company, REALTORS
Add your commute

Building Information for 308 South Brooks Street

Building/Complex308 S Brooks StFloor-Stories-Residences2Pet Policy-Pet Policy Details-Year Built1928Building Size-

Payment Calculator

$4,056 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,168

Property Taxes

$888

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 308 South Brooks Street

Summary
Location and General Information
  • C/T/V: City
  • County: Dane
  • County Qtr Section: West Metro Madison
  • Directions: S Park St to Left on Vilas to Right on S Brooks
  • Location: MADISON - C W14
  • Mailing City: Madison
  • Municipality: Madison
  • State: WI
  • Zip: 53715
Parking
  • Park/Unit: Outside, Parking fee
  • Parking Spaces Outside: 9
  • Parking Stalls Inside: 0
School Information
  • Elementary: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison
Taxes and HOA Information
  • Net Taxes: $10,655.00
  • Parcel ID: 0709-233-0819-6
  • Tax Year: 2024
Property
Property and Assessments
  • Class: Multi Family
  • Improvements: 473600
  • Land Assess: $187,600.00
  • Legal Documents: Condition report on file, Income/Exp Report Avail, Lease(s) on file
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Total Assess: $661,200.00
  • Total Assess Year: 2025
  • Type: Apartment building, 2 story, 2 flat-up and down
  • Year Built: 1928
Lot Information
  • Estimated Total Acres: 0.14
  • Source of Est. Acres: Assessor
  • Source of Year Built: Assessor
Utilities
  • Water/Waste: Municipal sewer, Municipal water
Interior and Exterior Features
Exterior Features
  • Exterior: Brick
Interior Features
  • Items Included: 2 Refrigerators, 2 Stoves, 1 Dishwasher, 1 Coin-Op Washer, 1 Coin-Op Dryer,
  • Items Excluded: Tenant Personal Property
  • Number of Dish Washers: 1
  • Number of Dryers: 1
  • Number of Furnaces: 0
  • Number of Stoves: 2
  • Number of Refrigerators: 2
  • Number of Washers: 1
  • Number of Water Heaters: 1
  • Number of Water Softeners: 0
  • Basement: Full, Full size windows/Exposed, Partially finished
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Number of Efficiencies: 0
Room Information
Bedrooms
  • Number of 1 Bedrooms: 0
  • Number of 2 Bedrooms: 1
  • Number of 3+ Bedrooms: 1
Multi Family
Unit Information
  • Number of Units w/AC: 0
  • Number of Units: 2
Income & Expenses Information
  • Net Operating Income: $41,235
  • Net Operating Income Year: 2025
  • Total Expenses: $15,728
  • Total Income: $56,963
Unit 1
  • U1 Landlord Pays Heat: Yes
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Water/Sewer: Yes
  • Unit 1: Family/Rec rm,Dining room,Fireplace,Range/oven,Refrigerator,Dishwasher,Washer/dryer,Wood or sim. wood floor,Pantry
  • U1 Parking: 1 Space
  • U1 Number of Bedrooms: 3
  • U1 Full Baths: 2
  • U1 Half Baths: 0
  • U1 SqFt: 1850
  • Unit 1 Kitchen Level: M
  • Unit 1 Living/Great Room Level: M
  • Unit 1 Primary BedRoom Level: M
  • Unit 1 Kitchen Dimensions: 10x12
  • Unit 1 Living/Great Room Dimensions: 13x16
  • Unit 1 Primary BedRoom Dimensions: 16x16
Unit 2
  • U2 Landlord Pays Heat: Yes
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Water/Sewer: Yes
  • Unit 2: Family/Rec rm,Range/oven,Refrigerator,Wood or sim. wood floor
  • U2 Parking: 1 Space
  • Unit 2 Kitchen Level: M
  • Unit 2 Living/Great Rm Level: M
  • Unit 2 Primary BedRm Level: M
  • Unit 2 Kitchen Dimensions: 11x12
  • Unit 2 Living/Great Rm Dimensions: 11x12
  • Unit 2 Primary BedRm Dimensions: 11x14
  • U2 Number of Bedrooms: 2
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 SqFt: 852

Property History for 308 South Brooks Street

DateEvent & SourcePriceAppreciation
Feb 11, 2026

Listed (Active)

SCWMLS #2016377

$650,000
May 20, 2020

Sold (Public Record)

Public Record #668334918

Jan 27, 2020

Sold (Public Record)

Public Record #662104031

Jan 27, 2020

Sold

SCWMLS #1876135

Nov 27, 2019

Pending

SCWMLS #1876135

Nov 24, 2019

Listed (Active)

SCWMLS #1876135

$468,730
DateEvent & SourcePrice
02/11/2026

Listed (Active)

SCWMLS #2016377

$650,000
05/20/2020

Sold (Public Record)

Public Record #668334918

01/27/2020

Sold (Public Record)

Public Record #662104031

01/27/2020

Sold

SCWMLS #1876135

11/27/2019

Pending

SCWMLS #1876135

11/24/2019

Listed (Active)

SCWMLS #1876135

$468,730

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 308 South Brooks Street

Taxable ValueLand$187,600Additions$419,000Total$606,600
Tax Record2024$10,655 ($888 / month)
Home Facts
Baths3Total Finished SqFt2,925 SqFtAbove Grade Finished SqFt2,525 SqFtFinished Basement SqFt400 SqFtStories2Lot Size5,998 SqFtStyleDuplexYear Built1928Year Renovated1964ZoningTR-C3CountyDANEAPN0709-233-0819-6Fireplace TypeHas Fireplace

Schools near 308 South Brooks Street

This home is within Madison Metropolitan School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Franklin Elementary School
PublicPK to 2

Hamilton Middle School
Public6 to 8

West High School
Public9 to 12

James Wright Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

308 South Brooks Street is a multi-family home for sale in Madison, WI 53715. This property was listed for sale on February 11, 2026 by Stark Company, REALTORS, it's currently listed at $650,000. It has been on the market for a total of 1 days and was last sold on May 20, 2020. This listing's school district is Madison Metropolitan School District. Nearby schools include Franklin Elementary School, Hamilton Middle School and West High School. 308 South Brooks Street is a 5-bed, 3-bath, 2,702 sqft multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Stark Company, REALTORS

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 02/11/2026 04:16 PM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2026 – WiREx. – All Rights Reserved