Madison WI Multi Family for Sale
$975,000
1521 Trailsway Madison, WI 53704
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.28 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- WIREX_SCW1987148
- Subdivision:
- BRENTWOOD
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Courtesy: Stark Company, REALTORS
608-837-7345
ADDITIONAL INFORMATION
SHOWING TO START 10/5th. Solid 8 unit, convenient to Madison Metro bus line, schools, Warner Park and shopping (Jenifer St. Market!). New roof, driveway & parking lot. Vinyl replacement windows. All units have balconies. 4 units overlook Warner Park. City is investing in major improvements to Warner Park. See associated docs for more info. Landlord pays heat & water/sewer. units pay their own electric (separately metered). 3 units currently vacant and in process of improvements. #5 $1,110/mo., #6 $1200/mo., #7 Vacant, #8 Vacant. Rents in this neighborhood average close to $1300/mo. for similarly-sized units. This property has strong potential for the motivated investor.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1959
- Baths:
- MLS#:
- WIREX_SCW1986997
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Courtesy: Berkshire Hathaway HomeServices True Realty
608-239-2559
ADDITIONAL INFORMATION
Prime investment opportunity on Madison's near east side! This two-unit property is in an ideal location, close to Maple Bluff, Lake Mendota and a plethora of "Best of Madison" winning restaurants. The main-level unit features 2 bedrooms and is purposefully vacant for owner occupancy. The upper unit also offers 2 bedrooms, currently rented for $1,850/month. Both units feature updated kitchens & baths, off-street parking, basement storage and access to a large backyard. With a fantastic location that appeals to tenants seeking easy access to dining, recreation & downtown Madison, this property offers excellent rental potential. Gross Rental Income could reach up to $3,700/month. Financials and leases available.
$550,000
6 N 4th Street Madison, WI 53704
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1959
- Baths:
- MLS#:
- WIREX_SCW1986840
View additional info
Courtesy: Restaino & Associates
608-232-7777
ADDITIONAL INFORMATION
This 2 flat in the E. Washington corridor is an opportunity that doesn't come around very often. Two 3 bedroom units can be used as income generation, one unit could be owner occupied, and the other unit rented to reduce cost, or the entire home can be used as a single family - with doorways and entrances already set up for single family use. Located less than 300' from a BRT stop, and central to all the amenities of the Emerson/East neighborhood means this home is in a highly desirable location - with easy access to the best Madison has to offer, and just a few short blocks away from restaurants, bars, theaters, churches, salons, art galleries and more. Two coveted off street parking spaces make this home a easy to say yes to. You and your tenants will never want to leave!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- 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.
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Madison Real Estate
The median home value in Madison, WI is $337,500. This is lower than the county median home value of $384,100. The national median home value is $338,100. The average price of homes sold in Madison, WI is $337,500. Approximately 45.57% of Madison homes are owned, compared to 50.15% rented, while 4.27% 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 53704 has a population of 265,447. Madison 53704 is less family-centric than the surrounding county with 29.46% of the households containing married families with children. The county average for households married with children is 33%.
The median household income in Madison, Wisconsin 53704 is $70,466. The median household income for the surrounding county is $78,452 compared to the national median of $69,021. The median age of people living in Madison 53704 is 31.5 years.
Madison Weather
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 10.2 degrees. The average rainfall is approximately 36.1 inches per year, with 42.4 inches of snow per year.