$700,000

Estimated payment $4,455/month

Total Views 3,599
-- Bed
-- Bath
1,736 Sq Ft
$403 Price per Sq Ft

Highlights

  • Popular Property
  • Balcony
  • Family Room
  • Wood Flooring
  • Eat-In Kitchen
  • 3-minute walk to Reynolds Park

About This Home

Unit rental in the heart of the Isthmus, (2 bedroom & 4 Efficiencies) Unit #5 $1025 leased until 8-14-26. Excellent rental property with strong financial and lease history. Seller has updated almost all the windows along with electric panel and water heater, boiler serviced regularly. Roof has been replaced while Seller has owned the property. Some minor updates are still needed, Nice sized back yard offers room for tenants to BBQ or have a fire pit. Neighborhood is seeing lots of redevelopment between East Wash & Johnson St. This site would be perfect for future redevelopment with lot size and or acquiring adjacent property. Seller is requiring Pre-approval Letter or proof funds letter prior to all showings.

Listing Agent

Jim Wilson

Restaino & Associates Brokerage Phone: 608-474-0306 License #56214-90 Listed on: 04/01/2026

Restaino & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,610

Year Built

  • Built in 1885

Home Design

  • Wood Siding

Interior Spaces

  • Family Room
  • Wood Flooring
  • Shared Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • On-Street Parking
  • Outside Parking

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Additional Features

  • Balcony
  • 4,356 Sq Ft Lot
  • Radiant Heating System

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-132-1423-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,610

Year Built

Built in 1885

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Active
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Excluded: Tenants property, water softener is a rental
  • Items Included: 5 stoves, 5 refrigerators
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.1
  • Zoning: R5
  • Geo Subdivision: WI

Rental Info

  • Total Income: 71520

Tax Info

  • Net Taxes: 8610
  • Tax Year: 2025
  • Assessor Parcel Number: 0709-132-1423-8

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of Efficiencies: 4
  • Number Of Units: 5

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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
2025 $8,610 $466,400 $88,000 $378,400
2024 $15,412 $440,000 $88,000 $352,000
2023 $7,223 $400,000 $80,000 $320,000
2022 $14,296 $365,000 $73,000 $292,000
2021 $6,729 $317,000 $66,000 $251,000
2020 $6,378 $287,400 $65,300 $222,100
2019 $6,133 $273,400 $65,300 $208,100
2018 $5,787 $260,400 $65,300 $195,100
2017 $5,996 $260,400 $65,300 $195,100
2016 $5,875 $248,400 $59,300 $189,100
2015 $5,646 $225,400 $59,300 $166,100
2014 $5,383 $225,400 $59,300 $166,100
2013 $4,955 $218,400 $59,300 $159,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2026 04/07/26 For Sale $700,000 0.0% $403 / Sq Ft
04/01/2026 04/01/26 Off Market $700,000 -- --
Source: South Central Wisconsin Multiple Listing Service

About the Listing Agent

Jim Wilson

Restaino & Associates

(608) 650-6791

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    Charming 3 bed 2 bath in Lake Edge Neighborhood. Rich natural woodwork & crown molding and floors. Cozy living room dinning room combination with wood burning fireplace with original lights above the mantle. Large first floor master bedroom with full bath. Upstairs has bedrooms 2 & 3 with full bathtub. Basement has space for rec room as well as ample storage and root cellar. Great space along the

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  • 5006 Card Ave, Mc Farland, WI 53558

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    66ft of level frontage offering beautiful sunsets over looking Lake Waubesa. Spacious open floor plan with lake views from almost every where. Charming foyer as you enter, living room great room combination with large stone fireplace. Large kitchen with huge island, granite counter tops, craftsmen styled cabinets. Extra butlers sink in the island perfect for entertaining. Have dinner with lake

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Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2019678

South Central Wisconsin Multiple Listing Service
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