See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

241 S Madison STREET, Waupun, WI, 53963

--beds
--baths
--sqft
$679,900
--price/sqft
$4,635/moest. monthly cost
$185,400/yrincome needed

About This Home

Attention Investors. Brick 8 unit apartment building. All 1 bedroom units, Tenants pay utilities, Wall air units, coin washer and dryer area, private/secure tenant storage area, Large private parking lot. Great area and rental history.

Getting Around

63
WalkingSomewhat Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

6/10
3/10
5/10

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1971

Materials

  • Construction materials: Brick/Stone,Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Apartment

Interior

Appliances

  • Appliances included: Dryer,Washer,Seller Owned: Water Heater

Basement

  • Has basement: Yes
  • Basement: Block,Full

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Wall/Sleeve Air

Property

Details

  • Parcel number: 29213150514095
  • Zoning: Commercial
  • Exclusions: Personal Property Of Tenants

Lot

  • Lot size: 0.28 Acres

Parking

  • Parking features: No Garage,Inside Parking,Outside

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Hail
Lightning
Strong Wind
Winter Weather
Heat Wave
Inland Flooding

FEMA Declared Disasters Across Wisconsin Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,437$41,244
Home Insurance *$336$4,032
Property Taxes $691$8,292
Electricity $171$2,054
Total$4,635$55,620
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$158,914/yr
40% on housing$139,050/yr
45% on housing$123,600/yr

Wisconsin FAIR Plan Programs

Wisconsin Insurance Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 5,246Commercial: 198
Total Premiums$4.55M
Total Exposure$860.28M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -2.2%
-2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 53963$141
Dodge County$189

vs Homes Sold Last Month

Median $/sqft

ZIP 53963$175
Dodge County$185

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-19Price change$679,900
2026-02-28Listed for sale$699,900
2025-09-10Listing removed$700
2025-09-09Listed for rent$700
2018-06-02Sold$300,000
2014-12-02Sold$225,000

For Sale by Agent

AgentMichael Martin
BrokerageMartin Real Estate

Similar Homes