$850,000

Estimated payment $5,490/month

Total Views 7,954
-- Bed
-- Bath
4,480 Sq Ft
$190 Price per Sq Ft

Highlights

  • Wood Flooring
  • Balcony
  • Eat-In Kitchen
  • Vel Phillips Memorial High School Rated A
  • Attached Garage
  • 4-minute walk to Belmar Hills Park

About This Home

Excellent opportunity to own a well-maintained 4-unit property in one of the strongest multifamily markets in the country. This property offers a rare and preferred 3 Bedroom, 1.5 Bath Units with a proven rental history, stable occupancy, and room to increase rents providing both immediate cash flow and future upside. Tenants love having a private 1 car garage and the convenient location. One unit is currently vacant, an ideal opportunity for an owner-occupant or an investor seeking additional rental income. The vacant unit has been updated and is in excellent condition. Major improvements have already been completed, including newer roof and gutters, newer driveway, and recent retaining wall work. Tenants pay all their own utilities, helping keep operating expenses low. A true turnkey, low-maintenance investment with no major capital expenditures anticipated, ready for its next owner.

Listing Agent

Jon Poletti

Haven Real Estate Partners Brokerage Phone: 608-213-8242 License #59287-90 Listed on: 06/03/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,291

Year Built

  • Built in 1967

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • ENERGY STAR Qualified Appliances

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • Attached Garage
  • 8 Open Parking Spaces
  • Garage Door Opener
  • Outside Parking

Schools

  • Crestwood Elementary School
  • Toki Middle School
  • Memorial High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Internet Available

Additional Features

  • Balcony
  • 9,583 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0609-052-0507-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,291

Year Built

Built in 1967

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Active
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, Townhouse style units
  • Items Excluded: seller and tenant personal property
  • Items Included: 4 washers, 4 dryers, 4 stoves/oven, 4 microwaves, 4 refrigerators, 4 wall AC units
  • Miscellaneous: Close to bus line, Internet -Fiber Available
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn, Lower basement laundry
  • Number Dryers: 4
  • Number Units W Ac: 4
  • Number Washers: 4

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Inside: 4
  • Parking Stalls Outside: 8

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached, 1 space, Outside, Opener inc, Blacktop/Asphalt, Driveway Entrance, Inside parking, Off street, Paved
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • Elementary School: Crestwood
  • High School: Memorial
  • Middle School: Toki
  • School District: Madison

Lot Info

  • Estimated Aces: 0.22
  • Zoning: SR-V1
  • Geo Subdivision: WI

Green Features

  • Energy Efficient Green: Energy Star Appliance(s)

Rental Info

  • Total Income: 86460

Tax Info

  • Net Taxes: 10291
  • Tax Year: 2025
  • Assessor Parcel Number: 0609-052-0507-2

Multi Family

  • Number Of3 Bedrooms: 4
  • Number Of Units: 4

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2026 06/03/26 For Sale $850,000 +127.0% $190 / Sq Ft
09/13/2019 09/13/19 Sold $374,500 -6.1% $84 / Sq Ft View Prior Sale
07/30/2019 07/30/19 For Sale $399,000 0.0% $89 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
04/02/2019 04/02/19 Price Changed $399,000 -8.3% $89 / Sq Ft
03/25/2019 03/25/19 For Sale $435,000 +16.2% $97 / Sq Ft
02/06/2019 02/06/19 Off Market $374,500 -- --
12/27/2018 12/27/18 For Sale $435,000 -- $97 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2024933

South Central Wisconsin Multiple Listing Service
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