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Monona, WI Multifamily Home for Sale

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    $390,000

    • 1,740 Sq Ft

    415 Falcon Cir, Monona, WI 53716

    "As-is sale", home has been "Pre-Inspected." Rare find in Monona! Multigenerational use home, or a rental income property upstairs. The upstairs unit has its own entrance, with Wet Bar/Kitchen, Living Room, Bathroom & 2 Bedrooms. Easement on the side driveway with a parking space for the upstairs tenant. This home can also be converted back to a single-family home to make it a 5-bedroom 2-bath.

    Jennell Kinsler Conrad Development LLC

    415 Falcon Cir, Monona, WI 53716

Why Live in Monona

Monona, Wisconsin, is a vibrant community situated on the shores of Lake Monona, offering a unique blend of lakeside living and suburban charm. Known for its friendly atmosphere, Monona boasts over four miles of lake shoreline and more than 330 acres of park space, including the popular Schluter Beach and Winnequah Park, which features a castle-like play area and a community center. Residents enjoy a variety of things to do, from casual concerts to the lively Monona Community Festival. The Monona Grove School District serves the area, with highly rated schools such as Winnequah School and Monona Grove High School, known for its strong STEM program. Housing options range from modest 1960s ramblers to grand lakefront homes, with streets lined by century-old oak trees. The commercial district along Monona Drive offers dining options like Salvatore’s Tomato Pies and Waypoint Public House, alongside popular chains. While local buses are available, most residents rely on cars for transportation, with Routes 51 and 18 providing access to the greater Madison area. Downtown Madison is approximately 7 miles away, visible across the lake. Flood risks are noted near Winnequah Park due to a nearby canal.

Home Trends in Monona, WI

Housing Trends

Median Sale Price
$450,000
Median Single Family Sale Price
$455,000
Median 2 Bedroom Sale Price
$352,000
Average Price Per Sq Ft
$305
Number of Homes for Sale
14
Last 12 months Home Sales
79
Months of Supply
2.10
Median List Price
$450,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%
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