$509,500

Estimated payment $3,465/month

-- Bed
-- Bath
2,800 Sq Ft
$182 Price per Sq Ft

Highlights

  • Laundry Facilities
  • West High School Rated A
  • 3-minute walk to Cypress Spray Park

About This Home

All brick, 4 unit, with easy access downtown, west side and Monona. The property is 100% leased at $1,000/month/unit on all 4 units. Landlord pays heat & water, tenants pay electricity. Ample parking on site. This property has been easy to manage and is in turnkey shape for the owner.

Listing Agent

Ryan Schmitz

The Hub Realty License #59756-90 Listed on: 06/02/2025

Co-Listing Agent

Gerardo Jimenez

Sprinkman Real Estate License #52378-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,263

Year Built

  • Built in 1960

Home Design

  • Brick Exterior Construction

Parking

  • 4 Open Parking Spaces
  • Outside Parking

Schools

  • Midvale/Lincoln Elementary School
  • Cherokee Heights Middle School
  • Memorial High School

Utilities

  • Radiant Heating System
  • Separate Meters

Additional Features

  • Basement Fills Entire Space Under The House
  • 8,843 Sq Ft Lot

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 070935202261

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,263

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Active
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Excluded: Tenant's personal property
  • Items Included: All, seller owned, on site, appliances, HVAC, water softener(s), water heater(s) used for the daily operations of the property
  • Miscellaneous: Shared laundry
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Furnaces: 1
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Units W Ac: 4
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside
  • Utilities: Separate elec meters

Schools

  • School District: Madison
  • Elementary School: Midvale/Lincoln
  • Middle School: Cherokee Heights
  • High School: Memorial
  • Elementary School: Midvale/Lincoln
  • High School: Memorial
  • Middle School: Cherokee Heights
  • School District: Madison

Lot Info

  • Estimated Aces: 0.203
  • Zoning: SR-V1
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 89000
  • Improvements: 375800
  • Total Assessment: 464800
  • Assessment year: 2025
  • Net Taxes: 7263
  • Tax Year: 2024
  • Assessor Parcel Number: 070935202261

Multi Family

  • Number Of1 Bedrooms: 4
  • Number Of Units: 4

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,642 $415,000 $89,000 $326,000
2023 $6,734 $370,000 $81,000 $289,000
2021 $5,719 $270,000 $67,000 $203,000
2020 $5,673 $256,000 $66,200 $189,800
2019 $5,425 $244,000 $66,200 $177,800
2018 $5,147 $232,000 $66,200 $165,800
2017 $5,049 $215,000 $66,200 $148,800
2016 $4,749 $195,000 $60,200 $134,800
2015 $4,643 $195,000 $60,200 $134,800
2014 $4,646 $195,000 $60,200 $134,800
2013 $4,992 $198,000 $60,200 $137,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 For Sale $509,500 0.0% $182 / Sq Ft
06/02/2025 06/02/25 Off Market $509,500 -- --
Source: South Central Wisconsin Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- Attorney
Warranty Deed $249,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,865 New Conventional
Previous Owner $204,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,999,900 New Conventional
Source: Public Records

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2001222

South Central Wisconsin Multiple Listing Service

APN: 0709-352-0226-1