$505,000
UNDER CONTRACT

Estimated payment $3,326/month

Total Views 723
-- Bed
-- Bath
2,707 Sq Ft
$187 Price per Sq Ft

Highlights

  • Wood Flooring
  • Fireplace
  • Forced Air Heating and Cooling System
  • Spring Harbor Middle School Rated A-
  • Eat-In Kitchen
  • Family Room

About This Home

Conveniently located side-by-side duplex offers a fantastic investment opportunity. Each unit features 3 beds / 1.5 baths, full-private basement & an attached 1 car garage. The spacious light-filled units include a living room, dining room / flex room, eat-in kitchen, powder room, & sliding doors to a private deck. The kitchens feature oak cabinets & generous storage. Upstairs in each unit are three large bedrooms & full bath. The large level yard is fenced. With market rents well over $2,000/month, you can easily achieve under a 10x Gross Rent Multiplier, & meaningful cashflow.

Listing Agent

Paul Haviland

Stark Company, REALTORS Brokerage Phone: 608-843-4442 License #57800-90 Listed on: 06/11/2025

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,138

Year Built

  • Built in 1970

Lot Details

  • 0.28 Acre Lot

Parking

  • 2 Covered Spaces

Home Design

  • Duplex

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Schools

  • Anana Elementary School
  • Ezekiel Gillespie Middle School
  • Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter

Community Details

  • 2 Units
  • Chapel Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0708-362-0106-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,138

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Offer-Show
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 2 story
  • Items Included: 2 range/oven, 2 refrigerators, 2 dishwashers, all window coverings.
  • Year Built: 1970
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Water Heaters: 2

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

  • School District: Madison
  • Elementary School: Anana
  • Middle School: Ezekiel Gillespie
  • High School: Memorial
  • Elementary School: Anana
  • High School: Memorial
  • Middle School: Ezekiel Gillespie
  • School District: Madison

Lot Info

  • Estimated Aces: 0.28
  • Zoning: SR-C3

Tax Info

  • Land Assessment: 121100
  • Improvements: 344300
  • Total Assessment: 465400
  • Assessment year: 2025
  • Net Taxes: 7138
  • Tax Year: 2024
  • Assessor Parcel Number: 0708-362-0106-5

Multi Family

  • Number Of3 Bedrooms: 2
  • Number Of Units: 2

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 $14,275 $423,100 $121,100 $302,000
2023 $6,614 $384,600 $110,100 $274,500
2021 $6,383 $315,000 $90,200 $224,800
2020 $6,018 $280,000 $77,100 $202,900
2019 $5,506 $257,300 $77,100 $180,200
2018 $5,227 $241,900 $77,100 $164,800
2017 $5,259 $232,600 $74,100 $158,500
2016 $4,795 $207,700 $66,200 $141,500
2015 $4,725 $199,600 $66,200 $133,400
2014 $4,627 $199,600 $66,200 $133,400
2013 $5,178 $199,600 $64,300 $135,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 For Sale $505,000 0.0% $187 / Sq Ft
06/11/2025 06/11/25 Off Market $505,000 -- --
Source: South Central Wisconsin Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $280,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $169,700 New Conventional
Previous Owner $20,000 Stand Alone Second
Previous Owner $30,000 Stand Alone Second
Previous Owner $11,000 Unknown
Source: Public Records

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2001912

South Central Wisconsin Multiple Listing Service

APN: 0708-362-0106-5