Madison WI Multi Family for Sale
$1,395,000
4414 Dwight Drive Madison, WI 53704
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1969
- Baths:
- MLS#:
- WIREX_SCW1986709
View additional info
Courtesy: Haven Real Estate Partners
608-213-8242
ADDITIONAL INFORMATION
Fantastic, fully-leased 12-unit building grossing $11,845/mo in rent (plus laundry income) =$143k/yr. NOI over $100k/yr. Tax appeal complete, reducing taxes $1,100 for future bills. No deferred maintenance with NEW ROOF ?23 and NEW PARKING LOT ?20. Moments from Sun Prairie and East Town Mall and on key bus routes, these professionally managed 1BR/1BA units have strong history and steady cashflow. At GRM of 10.5x or Cap Rate of 6.5%, this building has a FMV of $1.49-$1.55m. The Fed just announced a rate cut, so expect demand to be strong at this price. Lock in consistent returns and upside for your portfolio. Nearby AmFam campus and brand-new UW Medical Center provide large tenant pool and ongoing appeal for the area. Don't miss your chance to own in the nation?s #1 multi-family market.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 2022
- Baths:
- MLS#:
- WIREX_SCW1986645
- Subdivision:
- CLYDE A GALLAGHER
View additional info
Courtesy: Quorum Enterprises, Inc
920-490-7446
ADDITIONAL INFORMATION
Completed in 2022, this mint condition 2-unit home is turnkey and checks all the boxes! The 2nd floor 'Owner's Suite' has been occupied by the builder since completion, and is now vacant and ready for move-in. Your mortgage payments will be offset by the 1st floor tenant, who has also lived at the property since it was first built and is leased through August of 2025. Built to last and easy to maintain - with a steel roof, tile and LVP floors, a fenced in yard and a thoughtful layout. It is easy to rent and located in an increasingly walkable pocket of the East Side.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 2002
- Baths:
- MLS#:
- WIREX_SCW1986410
- Subdivision:
- MID TOWN COMMONS
View additional info
Courtesy: Bunbury & Assoc, REALTORS
608-873-3252
ADDITIONAL INFORMATION
Great opportunity to add to your portfolio, or get started with quality investment property! This duplex has both units rented bringing in almost $5,000 per month. Ideal location in Mid Town Commons on Madison's west side near University Ridge Golf Course. Townhouse style layout with an open main level floor plan. Two car garages with level driveway has space for more off street parking.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1874
- Baths:
- MLS#:
- WIREX_SCW1986281
View additional info
Courtesy: The Alvarado Group, Inc
608-251-6600
ADDITIONAL INFORMATION
SD 9/24 Classic two-unit house on Willy Street. The first-floor unit offers two bedrooms, a spacious living room, and a recently remodeled kitchen with new cabinets, solid countertops, stainless steel range/oven and microwave, a double sink, and refinished hardwood floors. Freshly painted, this unit also provides basement access with a washer and dryer. The upstairs unit features hardwood floors, one bedroom, a newly added washer and dryer, separate furnace and electrical systems. The property also includes a front porch built in 2016, off street parking, recently painted, new gutters, downspouts, and a small backyard.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1937
- Baths:
- MLS#:
- WIREX_SCW1985250
View additional info
Courtesy: Realty Executives Cooper Spransy
608-661-7900
ADDITIONAL INFORMATION
Incredibly well-maintained two-flat on Madison?s Northside! All of the work has been done for you: 2023 - deck, electrical/ plumbing updates, interior paint, LVP flooring, updated bathrooms, new ranges, fridges, exterior lighting and locks. 2022 - whole home insulation, water heater, bathroom exhaust fans. Gutters replaced in 2019 and roof in 2017. You?ll love the prime location, just a short walk to great restaurants, cafes & the lake. Less than 5 minutes to the new Public Market (2025) and 10 minutes Downtown. This gem is ready to owner-occupy or add to a portfolio, growing wealth for years to come.
$574,900
705 W Olin Avenue Madison, WI 53715
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- WIREX_SCW1985621
- Subdivision:
- BAY CREEK
View additional info
Courtesy: MHB Real Estate
608-709-9886
ADDITIONAL INFORMATION
Beautifully updated 6-bed, 3-bath home, ideally located near downtown Madison! This private, oversized lot, offers endless possibilities for outdoor activities, gardening, and relaxation. The bright and open main level has been thoughtfully refreshed with modern upgrades, including fresh paint, sleek flooring, a stylish new bathroom, convenient laundry hookups, and a stunning pallet accent wall. The versatile lower level features its own private entrance, full kitchen, spacious bedroom, cozy den/office, laundry and inviting living area?perfect for rental income or extended family. A large detached garage with alley access provides ample storage. Nestled in a peaceful neighborhood just minutes from downtown?s vibrant dining, shopping, and entertainment. Includes a backup generator!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1926
- Baths:
- MLS#:
- WIREX_SCW1985387
View additional info
Courtesy: Investment Realty Services LLC
608-238-8888
ADDITIONAL INFORMATION
Showings begin Friday, September 13. Location and income! This 2-flat duplex not only offers an appealing location, but it also has income totaling $2585/month! Each unit consist of a 1-bedroom apartment and private laundry. Lower apartment includes access to basement. Upper apartment includes access to garage. Owner is currently in the process of upgrading electrical service.
$599,900
1852 Fisher Street Madison, WI 53713
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.26 Acres
- Year built:
- 1969
- Baths:
- MLS#:
- WIREX_SCW1984746
View additional info
Courtesy: Keller Williams Realty
608-831-0800
ADDITIONAL INFORMATION
RARE RANCH DUPLEX off Madison's dynamically developing Park St. corridor featuring a 2 and 3 bedroom unit and conveniently located walking distance from Madison College South Campus, the University, library, parks, biking and walking paths, cafes and much more. This unique property is well suited to be student housing, a group home, etc. and has an exposed, walk out, lower level which may have the potential to be converted into a 3rd rental unit. Bonus Feature -a separate home could possibly be built on the lot in the future boosting the income potential of this great investment. Property being sold as is and measurements should be verified by buyer if important.
$1,600,000
225 Nautilus Drive Madison, WI 53705
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.62 Acres
- Year built:
- 1965
- Baths:
- MLS#:
- WIREX_SCW1984907
View additional info
Courtesy: Assist 2 Sell Homes 4 You Realty
608-836-3441
ADDITIONAL INFORMATION
Showings begin September 5, 2024. Solidly built, brick 8 unit now in an established neighborhood. Each unit includes one space in a detached garage, and storage locker. Each building also features basement laundry area for tenant use. This property has been well-maintained but can use some cosmetic updates. Strong rental history with some room for rent increases. Rents listed are for Units in Building 225. Additional unit rents for Building 229: #1 $1220, Great location close to bus line and employers including Trustage and Exact Sciences.#2 $1225, Unit #3 $1225, Unit #4 $1175. All units are similar in floorplan and condition. Only 1 unit will be available for initial showing.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1902
- Baths:
- MLS#:
- WIREX_SCW1984803
View additional info
Courtesy: Homecoin.com
888-400-2513
ADDITIONAL INFORMATION
Two flat - 2 bedroom 1 bath upstairs and 2 bedroom 1 bath downstairs. Can easily be converted back into none duplex property / home if desired. You can see the capital from the front yard.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Baths:
- MLS#:
- WIREX_SCW1984599
View additional info
Courtesy: Madison Property Management, Inc.
608-251-8777
ADDITIONAL INFORMATION
4 unique multi-family apartment buildings are three blocks from James Madison Park on Lake Mendota, 1 block from the very active East Washington Avenue and 5 blocks from the Capitol Square. 510 E. Mifflin St. is a 4-unit rental which has beautiful architecture/woodwork. 103/105 N. Franklin St. is a 3-unit rental that was intentionally left vacant because of the need for restructuring of the front/back porches. Seller will provide Buyer with a $150,000 credit against the purchase price to redo the porches and repair basement water issue. 101 N. Franklin St. is a single-family rental with 3 beds & 1 bath. 107-109 N. Franklin St. is a 2-unit rental. This block is Zoned as Planned Development so someone could put up a four-story building on 1 or more of these parcels subject to city approval.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1899
- Baths:
- MLS#:
- WIREX_SCW1983360
- Subdivision:
- UNIVERSITY HEIGHTS
View additional info
Courtesy: Berkshire Hathaway HomeServices True Realty
608-239-2559
ADDITIONAL INFORMATION
Prime investment opportunity in the heart of University Heights. Incredibly appealing location for tenants - walking distance to Camp Randall, Babcock Hall, Engineering and Vet School. The first-floor unit features 2 bedrooms, renting for $1,800/month, plus $100/month for 2 parking spots. The upper unit has 5 bedrooms, 4 of which are rented at $800/month (the 5th lease signed soon), plus $50/month for 1 parking spot. Both units have laundry, covered porches, and parking. GRM is 10.6! Gross Income is $ 71,400/year. Leases and income info available to verified buyers. Recent updates include bathrooms, flooring and more!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.28 Acres
- Year built:
- 1980
- Baths:
- MLS#:
- WIREX_SCW1983745
- Subdivision:
- PRAIRIE HILLS
View additional info
Courtesy: Real Broker LLC
608-957-2683
ADDITIONAL INFORMATION
West Madison Investment Opportunity! This duplex offers modern comfort and strong investment potential. With both units featuring recent interior remodels and a new roof + siding, it ensures low maintenance. Located on Madison's West Side, each unit features spacious layouts, bright interiors, private entrances, and garage parking. Ideal for living in one unit and renting the other or expanding your portfolio. Don?t miss this turnkey property?secure your investment today and enjoy easy access to all Madison has to offer!
$799,000
4831 Lacy Road Madison, WI 53711
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- WIREX_SCW1983254
- Subdivision:
- TERRAVESSA
View additional info
Courtesy: Berkshire Hathaway HomeServices True Realty
608-239-2559
ADDITIONAL INFORMATION
This home as designed can be built in 3-4 months. Customization available. Perfect blend of comfort, versatility, and income in this beautifully designed home in Terravessa. Featuring four bedrooms and two and a half baths, the main home offers a spacious kitchen, a convenient mudroom, a two-car attached garage, a fenced yard, and a primary suite with a walk-in closet and en suite bath. Enjoy relaxing on the covered porch and balcony. PLUS a one-bedroom, one-bath Auxiliary Dwelling Unit (ADU) provides flexible living options or potential rental income, complete with a full kitchen, walk-in closet, private entry, and designated parking. Nestled in a modern, planned community with abundant green spaces, parks, and amenities, and conveniently close to Madison, Hwy 14, and the Beltline.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 2011
- Baths:
- MLS#:
- WIREX_SCW1983026
- Subdivision:
- LIBERTY PLACE
View additional info
Courtesy: Century 21 Affiliated
608-223-2746
ADDITIONAL INFORMATION
PERFECT LOCATION AND SETTING FOR THESE ONE BUILDING, SIDE-BY-SIDE DUPLEXES MOVE-IN READY FOR RENTING OR OWNER OCCUPY! LOCATED IN THE LIBERTY PLACE CONDOMINIUMS THAT ALLOWS YEARLY RENTAL AND PROVIDES PEACE OF MIND. CORNER GAS FP, MAPLE HARDWOODS, KITCHEN ISLAND, PANTRY, SS APPLIANCES, QUALITY CARPET AND FULL BASEMENTS. LOW MONTHLY CONDO DUES ($175/MONTHLY). SELLER CONTRIBUTES $5000 TO RESERVE FUND ($2500/UNIT).
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Year built:
- 2002
- Baths:
- MLS#:
- WIREX_SCW1982300
- Subdivision:
- STONE CREST ESTATES
View additional info
Courtesy: Bunbury & Assoc, REALTORS
608-873-3252
ADDITIONAL INFORMATION
Very spacious and open duplex available in Midtown Commons. Each side is over 2000 sq feet, has 3 bedrooms, 3 FULL baths, and 2 car attached garages. It is designed with separated entrances with exposed and finished lower levels so there is plenty of room. Large unfinished basement area for storage.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1899
- Baths:
- MLS#:
- WIREX_SCW1982216
- Subdivision:
- PROSPECT PLACE
View additional info
Courtesy: Homestead Realty
414-461-4040
ADDITIONAL INFORMATION
2-unit apartment building leased thru August 14, 2025!! Investment opportunity on the near east side of Madison. Always rented due to location. Main level apartment has a private entrance, in-unit laundry, and off-street parking! The other apartment is a large 4-bedroom that spans both the 2nd and 3rd floors. Very popular floorplan. 2 of the 3 floors have hardwood flooring. Entire roof was replaced 1 year ago! Building was sprinklered to comply with city of Madison code to authorize 3rd floor use. Total gross annual income is $43,200. Priced at a 11 GIM and BELOW the assessed value! Check public documents for a whole bunch of additional information like income and expenses, building floorplan, and a full updates and features list with dates of replacements for capital improvements.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1949
- Baths:
- MLS#:
- WIREX_SCW1981319
View additional info
Courtesy: Terra Firma Realty
608-846-5253
ADDITIONAL INFORMATION
Discover the perfect investment opportunity! This charming home is complete with hardwood floors, large windows that let in tons of natural light, coin laundry on site, and parking. This home is ideally located near Edgewood, UW Madison, UW Hospitals, downtown, parks, the zoo, and bus lines. Enjoy the flexibility to add a garage, an ADU, and create a third unit in the lower level, maximizing rental income potential. Income leases are secured through August 2025, offering immediate returns. Landlord currently pays for basement utilities.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.37 Acres
- Year built:
- 1971
- Baths:
- MLS#:
- WIREX_SCW1981327
View additional info
Courtesy: EXIT Realty HGM
608-563-2272
ADDITIONAL INFORMATION
Well maintained 7-unit property, occupied by long term tenants. Six units are two bedroom, one bath garden style. One unit is a manager style town house, 2 bedroom 1.5 bath and full private basement. The other six units have shared coin operated laundry in the basement along with individual storage space for tenants. The property is heated by a boiler installed two years ago. All units have access to off street free parking.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1985
- Baths:
- MLS#:
- WIREX_SCW1977249
- Subdivision:
- WEST MEADOWOOD
View additional info
Courtesy: Real Broker LLC
608-268-0831
ADDITIONAL INFORMATION
Unique opportunity to own a 2-family duplex home in Madison?s West Meadowood neighborhood, close to shopping, dining, and gorgeous parks. Excellent income opportunity granting you the ability to rent out both sides or live in one and rent the other. Unit 3038 is currently rented and the lease expires 9/30/24. Unit 3034 is vacant. The combined market rent each month is $4,640 for both units, $2,400 for unit 3034 and $2,240 for unit 3038. Each unit features a fantastic open layout and 2-car, attached garage. Unparalleled location and opportunity!
$414,000
928 Emerald Street Madison, WI 53715
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1904
- Baths:
- MLS#:
- WIREX_SCW1979257
- Subdivision:
- GREENBUSH
View additional info
Courtesy: Stark Company, REALTORS
608-836-9300
ADDITIONAL INFORMATION
Charming rental home in the Greenbush neighborhood steps from Park St restaurants, Monona Bay/Bernie's Beach, Vilas Park, Arboretum. Strong rental base with proximity to UW, hospitals & downtown. Main floor enlarged with the front porch enclosed for flexible office/living space & a large rear addition (electric heat there) was added featuring a massive sauna with wood fueled heat. Options abound for this flexible addition if you decide to remove the sauna and use for more living /bedroom space or perhaps create a studio rental unit. Main floor half bath adjoins a large closet that could possibly be reconfigured to add a shower. Nice deck leads to the backyard with space to grill and relax. Parking off paved alley. Seller had only 2 long term renters in 20 yrs. Zoning for 2-units & ADU.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Year built:
- 1991
- Baths:
- MLS#:
- WIREX_SCW1977418
- Subdivision:
- HILLSIDE ADD. TO MEADOWOOD
View additional info
Courtesy: Bunbury & Assoc, REALTORS
608-873-3252
ADDITIONAL INFORMATION
Here's your opportunity to get into the real estate market! Great rental investment in a desirable location. Each side having 3 bedrooms, 1 and 1/2 baths with large, 2 car garages. 2302 currently leased through July 2024, and 2304 through June 2024.
$1,495,000
402 Rustic Drive Madison, WI 53718
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.17 Acres
- Year built:
- 2001
- Baths:
- MLS#:
- WIREX_SCW1976797
- Subdivision:
- RUSTIC ACRES
View additional info
Courtesy: Sprinkman Real Estate
608-467-9596
ADDITIONAL INFORMATION
Ten bedrooms and 9.5 baths. Currently used as a licensed adult family home. There are 5 studio suites with kitchenettes, full accessible private bathrooms, and minisplit (private HVAC). Private office, Open floor plan, large kitchen with walk-in pantry. 3 additional main floor bedrooms and 3 full baths. 2 rooms have a jack/jill bath to share, one is a full suite with full kitchen and stubbed for shower & toilet and his/hers walk in closets, 3 bedroom has a bath just next to it but not adjoining. Finished lower level with 1 bedroom, kitchen, living room 3 sided fireplace, separate entrance from garage. Two additional rooms with closets but not legal bedrooms. Screened porch, ADA ramps, basketball count in backyard. (AFH packet notes 8 beds, 2 extra for staff- 10 total)
$729,900
450 W Doty Street Madison, WI 53703
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1899
- Baths:
- MLS#:
- WIREX_SCW1977002
- Subdivision:
- ORIGINAL PLAT OF CITY OF MADISON
View additional info
Courtesy: United Real Estate Corp
608-256-8391
ADDITIONAL INFORMATION
Rare investment opportunity to own a 5-unit on the isthmus; property offered under assessment, seller looking to downsize. Unit 5 is mo-to-mo w/lease ending 7/27/2024; $1,000@mo +$85 parking; private rear deck, 2 separate living rooms. 1 driveway parking space, street parking for others. All units are below market rents, seller was slowly moving up rents. Very easy to rent, often there is a wait list. Showings require a min of 12 hours advance notice due to all units being rented. All main/unit doors have code locks for entry, $1k upgrade. Leases/income available to verified buyers only. New roof in 2015, new boiler 2023, approx. 40% of wood siding replaced in 2010, additional cedar siding remaining in basement. Property sold with Trustee's Deed; "As Is-As Found".
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1889
- Baths:
- MLS#:
- WIREX_SCW1971215
View additional info
Courtesy: ALTUS Commercial Real Estate, Inc.
608-338-1101
ADDITIONAL INFORMATION
Nicely cared for two flat with driveway parking in a prime location in the heart of Williamson St near restaurants, shops, bars, and Lake Monona! Utilities are separately metered, but owner currently pays them. Could be changed for next lease. Free washer/dryer located in the basement. New water heater in the last 2 years. Income = $3,520/mo.
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| Information is supplied by seller and other third parties and has not been verified. This IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify perspective properties consumers may be interested in purchasing. Copyright 2024 - Wisconsin Real Estate Exchange. All Rights Reserved Information is deemed reliable but is not guaranteed |
Madison Real Estate
The median home value in Madison, WI is $400,000. This is higher than the county median home value of $265,300. The national median home value is $219,700. The average price of homes sold in Madison, WI is $400,000. Approximately 45.61% of Madison homes are owned, compared to 50.14% rented, while 4.25% are vacant. Madison real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Madison real estate agent to arrange a tour today!
Madison, Wisconsin has a population of 248,856. Madison is less family-centric than the surrounding county with 30.85% of the households containing married families with children. The county average for households married with children is 33.76%.
The median household income in Madison, Wisconsin is $59,387. The median household income for the surrounding county is $67,631 compared to the national median of $57,652. The median age of people living in Madison is 31 years.
Madison Weather
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 10.3 degrees. The average rainfall is approximately 35.7 inches per year, with 42.5 inches of snow per year.