3722-3730 E Karstens St Madison, WI 53704

$3,000,000
1.2 acres
House

Property details

About 3722-3730 E Karstens St

Opportunity to own 24 apartments on the same block! Three 8 unit buildings. All 24 units are 2BD/1BA. 19 of 24 units have been turned over & re-leased during the last 18-24 months. 5 units were either just completed or are in process of being renovated and are currently vacant. Rented units are leased between $1,200-$1,600 with current monthly rent roll of $27,616 ($331,392 annual) on the 19 occupied units. The sale includes 3722 E Karstens, 3730 E Karstens & 3722-3724 W Karstens and is available as a package. Seller requests offers only on the entire package. Seller is a partnership & requests 24+ hours for binding acceptance. Closing date flexible, w/n 60 days of acceptance preferred.

Highlights

HeatingRadiant, Electric, Natural Gas
StatusActive
BasementYes
Lot size1.17 Acres
Year built1970
Parking1 Space,Outside
MLS #1992127

Virtual tour

Summary

  • MLS Number: 1992127
  • MLS Name: WIREX_SCW
  • Office Name: The Hub Realty
  • Office Phone: (608) 556-4400
  • Office Email: hello@thehubrealty.com
  • Listing Agent: Ryan Schmitz

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 3:22:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$3,000,000

3722-3730 E Karstens St

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Price information

Property sales

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Tax history

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Nearby schools

2

Mendota Elementary School

Public District PK-5

0.2 mi

4002 School Rd

4

Lindbergh Elementary School

Public District PK-5

0.6 mi

4500 Kennedy Rd

4

Gompers Elementary School

Public District PK-5

1.2 mi

1502 Wyoming Way

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $78,464. Most Madison, WI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

22%
<35k
39%
35k-100k
37%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
9%
Single, with Kids
29%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
4%
12-17 yrs old
25%
18-34 yrs old
52%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • Banana RepublicBanana Republic
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • SonicSonic
  • ChipotleChipotle

What do the neighbors drive?

  • VolvoVolvo
  • InfinitiInfiniti
  • MazdaMazda

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 3722-3730 E Karstens St

This home is located at 3722-3730 E Karstens St in Madison, WI and zip code 53704 in the Lerdahl Park neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $3,000,000.

Over 20 listings were sold over their listed price in January 2025 in Madison, WI. In the same period over 49 listings were sold below the listed price and 33 listings were sold for the listed price. Between December and January 2025, Madison, WI real estate market has seen decrease in the number of listings by 0.4%.

From Rocket Homes Real Estate and based on county public records data.

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