1203 Macarthur Rd Madison, WI 53714
Estimated payment $31,742/month
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
Keller Williams Realty Brokerage Phone: 608-213-5971 License #57889-90 Listed on: 10/19/2025
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
Map
Home Values in the Area
Average Home Value in this Area
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 | -- | -- | -- | -- |
| 2021 | $0 | $0 | $0 | $0 |
| 2020 | $0 | $0 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
| 2016 | $0 | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
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
MLS Number: 2011107
APN: 0810-333-0116-0
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