Bought with Bunbury & Assoc, REALTORS
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Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type 2 story,2 flat-up and down
Listing Status Sold
Purchase Type For Sale
Square Footage 1,706 sqft
Price per Sqft $234
MLS Listing ID 2021206
Sold Date 09/15/26
Bedrooms 4
Full Baths 2
Year Built 1904
Annual Tax Amount $7,950
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type 2 story,2 flat-up and down
Property Description
Rare opportunity for owner-occupants and investors alike! This well-maintained 2-unit property offers flexibility, income potential, and a prime Madison location. Each unit features 2 bedrooms, 1 bath, separate utilities, and access to a detached 2-car garage with additional off-street parking. Major improvements anticipated completion end of June, including NEW ROOFS on the house & garage and NEW SIDING on the house, offering added value and peace of mind for the next owner. Unit 2 is expected to be vacant beginning September 1, 2026, creating an excellent opportunity for owner occupancy or the ability to secure market-rate rent. Conveniently located near downtown Madison, the Capitol, Madison Public Market, restaurants, shopping, parks, bike paths, and public transportation. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers exceptional potential in a highly desirable location.
Location
State WI
County Dane
Area Madison - C E05
Zoning TR-V1
Direction East Washington Ave
Rooms
Basement Full, Stone, Unfinished
Interior
Heating Forced air
Heat Source Natural Gas
Exterior
Parking Features 2 stall garage, Detached, Paved
Utilities Available Separate elec meters, Separate gas meters
Building
Water Municipal sewer, Municipal water
Structure Type Aluminum/Steel
Schools
Elementary Schools Lapham/Marquette
Middle Schools Okeeffe
High Schools East
School District Madison
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