$779,000
OPEN MON 3PM - 5PM

2923 Turbot Dr Madison, WI 53713

Estimated payment $5,003/month

Total Views 354
-- Bed
-- Bath
3,960 Sq Ft
$197 Price per Sq Ft

About This Home

Well-maintained and centrally located, this four-unit apartment building is an ideal investment property or a great opportunity for owner-occupancy. The property features clean, well-kept units, attractive rent rates, and is easy to keep rented and maintained. Open House: Wednesday, 8/11/25, from 3:00 PM to 5:00 PM

Listing Agent

Noel Barnes

Barnes & Associates Realty Group License #57974-90 Listed on: 08/08/2025

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,856

Year Built

  • Built in 1984

Parking

  • 8 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Schools

  • Leopold Elementary School
  • Cherokee Heights Middle School
  • West High School

Additional Features

  • 2-Story Property
  • 10,454 Sq Ft Lot
  • Radiant Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0609-032-0730-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,856

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Active
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Excluded: Sellers / tenants personal property
  • Items Included: Refrigerator(4), Range/Ovens(4), Dishwashers(4), Washers(4), Dryers(4) 4 Water Softners
  • Year Built: 1984
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 4
  • Number Dryers: 4
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Washers: 4
  • Number Water Heaters: 4
  • Number Water Softeners: 4

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Parking Stalls Outside: 8

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces

Schools

  • School District: Madison
  • Elementary School: Leopold
  • Middle School: Cherokee Heights
  • High School: West
  • Elementary School: Leopold
  • High School: West
  • Middle School: Cherokee Heights
  • School District: Madison

Lot Info

  • Estimated Aces: 0.24
  • Zoning: R4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 75360

Tax Info

  • Land Assessment: 97000
  • Improvements: 408000
  • Total Assessment: 505000
  • Assessment year: 2024
  • Net Taxes: 8856
  • Tax Year: 2024
  • Assessor Parcel Number: 0609-032-0730-1

Multi Family

  • Number Of2 Bedrooms: 4
  • Number Of Units: 4

Map

Range of Values:

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Average Value
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Sold Price
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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 $17,713 $505,000 $97,000 $408,000
2023 $8,320 $460,000 $88,000 $372,000
2021 $8,191 $385,000 $73,000 $312,000
2020 $8,573 $385,100 $72,100 $313,000
2019 $8,323 $368,500 $72,100 $296,400
2018 $6,341 $285,000 $72,100 $212,900
2017 $6,570 $285,000 $72,100 $212,900
2016 $5,721 $242,000 $65,100 $176,900
2015 $5,781 $242,000 $65,100 $176,900
2014 $5,785 $242,000 $65,100 $176,900
2013 $6,121 $242,000 $65,100 $176,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $779,000 +102.3% $197 / Sq Ft
07/12/2019 07/12/19 Sold $385,100 -1.0% $97 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/25/2019 05/25/19 For Sale $389,000 -- $98 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $660,000 Wisconsin Title
Quit Claim Deed -- None Available
Warranty Deed $385,100 None Available
Deed $737,000 None Available
Warranty Deed $285,000 Knight Barry Title Svcs Llc
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Warranty Deed $299,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $627,000 New Conventional
Previous Owner $557,000 Commercial
Previous Owner $212,510 Stand Alone Refi Refinance Of Original Loan
Previous Owner $270,000 Commercial
Previous Owner $253,600 Future Advance Clause Open End Mortgage
Previous Owner $226,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2006268

South Central Wisconsin Multiple Listing Service

APN: 0609-032-0730-1