$699,500
$50K PRICE DROP

Estimated payment $4,307/month

Total Views 7,368
-- Bed
-- Bath
2,550 Sq Ft
$274 Price per Sq Ft

About This Home

Strong multifamily investment opportunity in a highly desirable East Madison location near downtown, UW–Madison, and the Atwood corridor. Offers solid rental demand, a functional layout with separate living spaces, and classic character throughout. The property presents long-term upside with value-add potential in a proven rental market. Convenient access to campus, dining, parks, and public transportation supports consistent tenant demand. A rare opportunity to acquire a multifamily asset in one of Madison’s most sought-after neighborhoods.

Listing Agent

Gerardo Jimenez

Sprinkman Real Estate License #52378-90 Listed on: 02/09/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,007

Year Built

  • Built in 1890

Parking

  • Detached Garage
  • 3 Open Parking Spaces

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Additional Features

  • Basement Fills Entire Space Under The House
  • 4,356 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 3 Units
  • Tenney/Farwell Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0709-124-0322-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,007

Year Built

Built in 1890

Lot Details

4,356 Sq Ft Lot

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: 3 refrigerators, 3 over/ranges, 3 dishwashers, 1 washer, 1 dryer, 1 water softener
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 3
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Fiber Cement

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 3

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Detached

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.1
  • Zoning: TR-V1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 8007
  • Tax Year: 2024
  • Assessor Parcel Number: 0709-124-0322-0

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 2
  • Number Of Units: 3

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 $16,013 $457,000 $102,100 $354,900
2023 $7,719 $427,100 $102,100 $325,000
2022 $15,952 $406,800 $97,200 $309,600
2021 $8,243 $387,400 $97,200 $290,200
2020 $8,093 $358,700 $90,800 $267,900
2019 $7,742 $341,600 $82,500 $259,100
2018 $7,368 $325,300 $79,300 $246,000
2017 $6,942 $295,700 $79,300 $216,400
2016 $6,783 $281,600 $73,400 $208,200
2015 $6,416 $255,400 $63,000 $192,400
2014 $6,110 $255,400 $63,000 $192,400
2013 $6,674 $248,000 $60,600 $187,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2026 03/04/26 Price Changed $699,500 -6.7% $274 / Sq Ft
02/19/2026 02/19/26 For Sale $749,500 0.0% $294 / Sq Ft
02/10/2026 02/10/26 Off Market $749,500 -- --
02/09/2026 02/09/26 For Sale $749,500 +15.3% $294 / Sq Ft
05/20/2024 05/20/24 Sold $650,000 -3.7% $255 / Sq Ft View Prior Sale
03/15/2024 03/15/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $675,000 +3.8% $265 / Sq Ft
02/16/2024 02/16/24 Off Market $650,000 -- --
02/14/2024 02/14/24 For Sale $675,000 -- $265 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $650,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $617,500 Construction
Source: Public Records

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2016293

South Central Wisconsin Multiple Listing Service

APN: 0709-124-0322-0

Your Personal Tour Guide

Ask me questions while you tour the home.