$2,100,000

Estimated payment $13,806/month

Total Views 868
-- Bed
-- Bath
4,800 Sq Ft
$438 Price per Sq Ft

Highlights

  • 0.89 Acre Lot
  • Wood Flooring
  • Fireplace
  • Vel Phillips Memorial High School Rated A
  • Balcony
  • Eat-In Kitchen

About This Home

8 units townhouse building on the lot of 0.89 acrea; Each unit has 2-car garage; 2 end-units are 1350 sqft each; the other 6 units are 1115 sqft each; 6 units have 2.5 baths, 2 units have 1.5 bath + fireplace; Continous updates for each unit whenever changing tenants. See attached documents for features of each unit; Floor plans; Rent Rolls; List of updates; 2024 Income/Expense. The adjacent lot is vacant Zoned C-1 at the size of 88x204. Additional residential rental properties could be deloveped together with this lot of 190x204; See MLS #2007753 for the additional lot. This building and the lot (6721 Raymond Rd) have to be bought together.

Listing Agent

Yishu Jiang

Tri-River Realty License #57358-90 Listed on: 08/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,427

Year Built

  • Built in 2006

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • Fireplace
  • Family Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • Garage
  • 6 Open Parking Spaces
  • Garage Door Opener

Schools

  • Huegel Elementary School
  • Toki Middle School
  • Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • Water Softener is Owned
  • High Speed Internet

Additional Features

  • Balcony
  • 0.89 Acre Lot

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 0608-012-2025-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,427

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Active
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Townhouse style units
  • Items Excluded: Tenant's personal belongings
  • Items Included: 8 stoves, 8 refrigerators, 8 dishwashers, 8 microwaves, 8 disposals, 8 washer and dryers, 8 water softeners
  • Miscellaneous: Water Softener Owned, Internet - Cable
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Walkout to yard, Poured concrete foundatn
  • Number Dish Washers: 8
  • Number Dryers: 8
  • Number Furnaces: 8
  • Number Refrigerators: 8
  • Number Stoves: 8
  • Number Units W Ac: 8
  • Number Washers: 8
  • Number Water Heaters: 8
  • Number Water Softeners: 8

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 6

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached, Opener inc
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

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

Lot Info

  • Estimated Aces: 0.89
  • Zoning: CC-T

Rental Info

  • Total Income: 190440

Tax Info

  • Land Assessment: 180000
  • Improvements: 1603700
  • Total Assessment: 1783700
  • Assessment year: 2025
  • Net Taxes: 29427
  • Tax Year: 2024
  • Assessor Parcel Number: 0608-012-2025-7

Multi Family

  • Number Of2 Bedrooms: 8
  • Number Of Units: 8

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 $58,855 $1,667,000 $180,000 $1,487,000
2023 $28,938 $1,588,000 $180,000 $1,408,000
2021 $25,669 $1,198,000 $180,000 $1,018,000
2020 $27,032 $1,198,000 $180,000 $1,018,000
2019 $25,622 $1,120,000 $180,000 $940,000
2018 $24,807 $1,105,000 $180,000 $925,000
2017 $21,935 $940,000 $180,000 $760,000
2016 $16,293 $683,000 $160,800 $522,200
2015 $15,661 $650,000 $160,800 $489,200
2014 $15,669 $650,000 $160,800 $489,200
2013 $14,897 $650,000 $160,800 $489,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2025 08/30/25 For Sale $2,100,000 -- $438 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,220,000 None Available
Warranty Deed $1,105 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $915,000 Commercial
Previous Owner $400,000 Commercial
Previous Owner $86,500 Construction
Source: Public Records

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2007723

South Central Wisconsin Multiple Listing Service

APN: 0608-012-2025-7