Madison WI Multi Family for Sale
- 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
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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:
- 0.3 Acres
- Baths:
- MLS#:
- WIREX_SCW1984599
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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:
- 0.07 Acres
- Year built:
- 1899
- Baths:
- MLS#:
- WIREX_SCW1982216
- Subdivision:
- PROSPECT PLACE
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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.
$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
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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
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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.
$550,000
834 Jenifer Street Madison, WI 53703
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1880
- Baths:
- MLS#:
- WIREX_SCW1971214
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Courtesy: ALTUS Commercial Real Estate, Inc.
608-338-1101
ADDITIONAL INFORMATION
This charming 2-unit home has undergone some impressive improvements that enhance its appeal and functionality. The front room has been converted into a cozy bedroom, complete with new closets and a door. In the 1st unit apartment, the middle space has been opened up, creating a more spacious common area for relaxing and socializing. Both unit 1 & 2 now have in-unit washer/dryers for added convenience. The 2nd floor apartment features beautifully restored hardwood floors and a generous 1 bdrm layout. You'll also enjoy a private back deck. The kitchen in both units has been upgraded with new stainless steel appliances, adding a touch of modern style. Situated just one block away from BB Clark and Willy Street, this home offers a fantastic location!
$610,000
405 Washburn Place Madison, WI 53703
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1907
- Baths:
- MLS#:
- WIREX_SCW1968080
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Courtesy: Madison Property Management, Inc.
608-251-8777
ADDITIONAL INFORMATION
4 unit rental property located near the intersection of W. Gorham St. and Washburn Place just one block from Lake Mendota. Highly desirable location just one mile from downtown Madison and walking distance to many local restaurants, entertainment, Festival Foods and other retailers. Units 405 & 407 Washburn Place are both 500 sq.ft. studios with 1 bath each. Units 407 & 409 Washburn Place are both 650 sq.ft. with 1 bed and 1 bath each. Fully leased out until 2025.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1907
- Baths:
- MLS#:
- WIREX_SCW1968076
View additional info
Courtesy: Madison Property Management, Inc.
608-251-8777
ADDITIONAL INFORMATION
2 flat rental property conveniently located just off Williamson St. about half a block from Willy Street Co-op (Grocery Store). Apt #1 is 1,051 sq.ft. with 2 beds and 1 bath leased out at $1,420/month (rent will increase to $1,595/month in Aug 2024). Apt #2 is 1,500 sq.ft. with 4 beds + den and 1 bath leased out at $1,675/month (rent will increase to $1,800/month in Aug 2024). Highly desirable location! Walking distance to Lake Monona, Yahara River and many local restaurants/entertainment. Residents can enjoy easy access to canoeing, kayaking and biking. Off street parking only, no driveway included. (2 vehicles from 1206 Jenifer St. have access to parking behind 1208 Jenifer St. (which is also listed for sale) until current leases expires)
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Madison Real Estate
The median home value in Madison, WI is $261,600. This is lower 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 $261,600. 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 53703 has a population of 248,856. Madison 53703 is less family-centric than the surrounding county with 29.4% 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 53703 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 53703 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.