$625,000

Estimated payment $3,739/month

Total Views 1,124
-- Bed
-- Bath
1,928 Sq Ft
$324 Price per Sq Ft

Highlights

  • Very Popular Property
  • Open Floorplan
  • Accessible Approach with Ramp
  • Hamilton Middle School Rated A
  • Main Floor Bedroom
  • 3-minute walk to Goodman Park

About This Home

Discover endless possibilities with this versatile multi-family property offering a 3-UNIT OPTION in a fantastic Madison location! The lower level has been stunningly remodeled into a stylish studio apartment, complete with a beautiful walk-in shower and a private sauna—perfect for maximizing rental income or creating an amazing owner-occupied retreat. Perched in a neighborhood that overlooks Monona Bay and Lake Monona, this property sits just 10 minutes south of downtown Madison, offering easy access to parks, bike paths, dining, and entertainment. Whether you’re seeking a smart investment, multi-generational living, or the opportunity to live in one unit while renting the others, this property offers both flexibility and charm in a highly desirable location.

Listing Agent

Heather Taylor

MHB Real Estate Brokerage Phone: 608-709-9886 License #86350-94 Listed on: 08/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,065

Year Built

  • Built in 1894

Parking

  • 2 Open Parking Spaces

Home Design

  • Duplex

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Basement

  • Partial Basement
  • Crawl Space

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Additional Features

  • Open Floorplan
  • Accessible Approach with Ramp
  • 3,485 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-261-1214-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,065

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Active
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Items Excluded: Tenants/Owners personal property
  • Items Included: Three Refrigerators, Two range/ovens, 1 washer/dryer, all Window Coverings/Blinds
  • Year Built: 1894
  • Reso Accessibility Features: Open floor plan, Ramped or level entrance, First floor bedroom, First floor full bath
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Crawl space
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 3
  • Number Stoves: 2
  • Number Washers: 1
  • Number Water Heaters: 1

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage

Schools

  • School District: Madison
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West
  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Estimated Aces: 0.08
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 68700
  • Improvements: 237300
  • Total Assessment: 306000
  • Assessment year: 2024
  • Net Taxes: 5065
  • Tax Year: 2024
  • Assessor Parcel Number: 0709-261-1214-8

Multi Family

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

Map

Range of Values:

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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 $10,129 $306,000 $68,700 $237,300
2023 $4,728 $263,500 $64,200 $199,300
2021 $4,651 $220,300 $54,000 $166,300
2020 $4,504 $204,000 $54,000 $150,000
2019 $4,523 $204,000 $54,000 $150,000
2018 $3,255 $148,000 $44,100 $103,900
2017 $3,131 $137,600 $44,100 $93,500
2016 $3,219 $137,600 $44,100 $93,500
2015 $3,253 $131,000 $38,200 $92,800
2014 $3,096 $131,000 $38,200 $92,800
2013 $3,333 $148,000 $34,700 $113,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $625,000 +365.4% $324 / Sq Ft
05/31/2013 05/31/13 Sold $134,300 -9.3% $91 / Sq Ft
04/13/2013 04/13/13 Pending -- -- --
07/31/2012 07/31/12 For Sale $148,000 -- $100 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $204,000 None Available
Warranty Deed $134,300 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $49,000 Credit Line Revolving
Closed $46,250 New Conventional
Open $176,000 New Conventional
Closed $22,000 New Conventional
Closed $173,400 New Conventional
Previous Owner $107,440 New Conventional
Source: Public Records

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Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2006746

South Central Wisconsin Multiple Listing Service

APN: 0709-261-1214-8