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Faircrest Multifamily Home for Sale

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    $1,450,000

    • 3,248 Sq Ft

    225 Nautilus Dr, Madison, WI 53705

    Solidly built, brick 8 unit now in an established neighborhood. Each unit includes one space in a detached garage, and storage locker. Each building also features basement laundry area for tenant use. This property has been well-maintained but can use some cosmetic updates. Strong rental history with some room for rent increases. Rents listed are for Units in Building 225. Additional unit rents

    Agent Photo

    Frank Pohlkamp

    Assist 2 Sell Homes 4 You Realty

    (608) 470-7116

    225 Nautilus Dr, Madison, WI 53705

Why Live in Faircrest

Faircrest, a neighborhood in Madison, features a variety of home styles including midcentury modern, ranch, split-level, and Colonial Revival, primarily built in the 1960s and 70s. The area is known for its large lots, mature trees, and numerous parks and green spaces. Residents enjoy proximity to nature with frequent sightings of local wildlife such as turkeys, deer, coyotes, and hawks. Owen Conservation Park offers nearly 100 acres of oak savannah, while Garner Park provides a scenic overlook, skating rink, and pickleball courts. The Parkcrest Swim & Tennis Club requires membership and is located on Inner Drive. For shopping, West Towne Mall is less than 2 miles away, and Market Square Shopping Center is nearby. Dining options include Oakcrest Tavern, Otto’s Restaurant and Bar, and Saigon Noodles. The neighborhood association organizes events like the annual Faircrest Halloween Fest and collaborates with Parkwood Hills for additional activities. Downtown Madison is 5 miles away, accessible via Mineral Point Road, and the new Bus Rapid Transit system has stops within the neighborhood. Cyclists can use the Southwest Commuter Path located southeast of Faircrest. Schools in the area include Glenn Stephens Elementary and Vel Phillips Memorial High School, both highly rated and within walking distance for some residents. The neighborhood is safer than the national average, adding to its appeal for families.

Home Trends in Faircrest, WI

Housing Trends

Median Sale Price
$446,000
Median Single Family Sale Price
$634,900
Median 2 Bedroom Sale Price
$224,900
Median 1 Bedroom Sale Price
$174,900
Average Price Per Sq Ft
$221
Number of Homes for Sale
6
Last 12 months Home Sales
15
Months of Supply
4.80
Median List Price
$399,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
102%
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