$5,100,000
PENDING $550K PRICE DROP

1203 Macarthur Rd Madison, WI 53714

Estimated payment $32,566/month

Total Views 8,153
-- Bed
-- Bath
4,444 Sq Ft
$1,148 Price per Sq Ft

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Balcony
  • Property is near bus stop
  • Washer and Dryer

About This Home

28 unit townhome property in an excellent east-side location minutes from shopping, MATC with easy access to downtown via East Washington Ave. Fully occupied with excellent cash flow. The property was converted to condos in 2008 but no units were ever marketed or sold. Professionally managed and in good condition. Roofs replaced 2010. Windows replaced 2002-2005. Square footage per unit listed is above grade. Most units have an additional finished room in the basement. all units have decks. Buildings 1203, 1205 and 1207 have walk out basements.

Listing Agent

Sarah Tavarez

Keller Williams Realty Brokerage Phone: 608-213-5971 License #57889-90 Listed on: 10/19/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Low Emissivity Windows
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 60 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Schools

  • Sandburg Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating

Additional Features

  • Low Pile Carpeting
  • Balcony
  • 1.63 Acre Lot
  • Property is near bus stop

Community Details

  • 28 Units
  • Net Operating Income $217,094

Listing and Financial Details

  • Assessor Parcel Number 0810-333-0116-0

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

1.63 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Offer-No Show
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story, Townhouse style units
  • Items Excluded: tenants personal property, equipment belonging to the management company
  • Miscellaneous: Close to bus line
  • Year Built: 1967
  • Reso Accessibility Features: Level drive, Low pile or no carpeting
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard, Partially finished, Poured concrete foundatn
  • Number Dish Washers: 28
  • Number Dryers: 28
  • Number Units W Ac: 28
  • Number Washers: 28

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 60

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces, Outside
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 287212

Schools

  • Elementary School: Sandburg
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 1.63
  • Zoning: SR-V2
  • Geo Subdivision: WI

Green Features

  • Energy Efficient Green: Low E Windows

Rental Info

  • Total Income: 504306

Tax Info

  • Net Taxes: 552104
  • Tax Year: 2024
  • Assessor Parcel Number: 0810-333-0116-0

Multi Family

  • Number Of3 Bedrooms: 28
  • Number Of Units: 28

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2025 12/12/25 Pending -- -- --
11/28/2025 11/28/25 Price Changed $5,100,000 -9.7% $1,148 / Sq Ft
10/19/2025 10/19/25 For Sale $5,650,000 -- $1,271 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2011107

South Central Wisconsin Multiple Listing Service

APN: 0810-333-0116-0

Wisconsin Dane County Madison 53714

1203 Macarthur Rd, Madison, WI

Pending

MultiFamily

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South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Sarah Tavarez
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Keller Williams Realty
(608) 564-8586
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