Eight 720 sf two bedroom condo units in a brick 8-unit. Each unit has two assigned parking stalls in an expanded parking lot along with 1 storage unit. Condo fees are $430/month/unit. The condo fees include Maintenance up keep of building and common areas, Electricity for common areas, Water for each unit, Management fees, Heat, Snow removal and Landscaping. Units are currently under rented on MTM leases. Current yearly gross income is $116,400 with 1 vacant unit. Coin op laundry in the basement. Income from that is not included in the gross income.
For sale
$1,185,000
2338-2342 Allied Drive, Madison, WI 53711
--beds
--baths
--sqft
Est.:
Multi Family, Apartment
Built in 1964
-- sqft lot
$1,130,700 Zestimate®
$--/sqft
$-- HOA
What's special
Expanded parking lotAssigned parking stalls
- 187 days
- on Zillow |
- 197 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 09:03am
Listed by:
Carson Brewer 608-445-2384,
ALTUS Commercial Real Estate, Inc.
Source: WIREX MLS,MLS#: 1992764
Originating MLS: South Central Wisconsin MLS

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Tour with a buyer's agent
Facts & features
Interior
Heating
- Natural Gas, Radiant/Electric
Features
- Basement: Full
- Has fireplace: No
Property
Parking
- Parking features: Outside
Details
- Parcel number: 060905213059
- Zoning: SR-V1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Madison
- Municipality: Madison
Financial & listing details
- Tax assessed value: $844,800
- Annual tax amount: $14,956
- Date on market: 2/3/2025
- Listing agreement: Exclusive Agency
- Exclusions: Seller And Tenants Personal Property
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