Madison WI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1959
Baths:
MLS#:
WIREX_SCW1986997

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1959
Baths:
MLS#:
WIREX_SCW1986840

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!

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Andrea D. Conner, License 58662-90, Xome Inc., License 937286-91, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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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 $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.

Madison Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    67
    30-day change

Madison Schools and Demographics

Education near Madison, WI

Metric City County
High School Graduates 95.62 96.08
College Degree - 2 year 7.54 9.21
College Degree - 4 year 58.46 53.03
Graduate Degree 15.9 13.83
Expenditures per Student 17,641 17,641
Students per Teacher 13.2 13.2

Elementary Schools near Madison, WI

School Grades Students P/T Ratio ZIP
4K PK Off Site PK - PK 881 895 53703
Allis Elementary School PK - 05 573 10.8 53716
Cesar Chavez Elementary School PK - 05 706 14.9 53719
Elvehjem Elementary School PK - 05 509 14.6 53716
Emerson Elementary School PK - 05 425 11.3 53704
Glendale Elementary School PK - 05 468 9.9 53716
Gompers Elementary School PK - 05 288 11.6 53704
Hawthorne Elementary School PK - 05 385 11.7 53714
Kennedy Elementary School PK - 05 546 14.1 53714
Lake View Elementary School PK - 05 278 9.7 53704
Lapham Elementary School PK - 02 285 11.6 53703
Leopold Elementary School PK - 05 676 10.7 53713
Lindbergh Elementary School PK - 05 233 9.4 53704
Lowell Elementary School PK - 05 379 10.9 53704
Marquette Elementary School 03 - 05 220 12.8 53703
Mendota Elementary School PK - 05 320 9.6 53704
Nuestro Mundo KG - 05 312 12.1 53716
Sandburg Elementary School PK - 05 434 11.1 53704
Schenk Elementary School PK - 05 423 10.8 53714
Stephens Elementary School PK - 05 564 12.4 53705

Middle Schools near Madison, WI

School Grades Students P/T Ratio ZIP
Badger Rock Middle 06 - 08 84 11.8 53713
Black Hawk Middle School 06 - 08 380 11.3 53704
Cherokee Heights Middle School 06 - 08 470 11.6 53711
Hamilton Middle School 06 - 08 851 15 53705
James Wright Middle School 06 - 08 255 9.1 53713
Jefferson Middle School 06 - 08 541 12.6 53717
O'Keeffe Middle School 06 - 08 467 12.7 53703
Sennett Middle School 06 - 08 622 12.1 53716
Sherman Middle School 06 - 08 420 11.2 53704
Spring Harbor Middle School 06 - 08 259 10.9 53705
Toki Middle School 06 - 08 544 12.9 53711
Whitehorse Middle School 06 - 08 460 12.3 53714

High Schools near Madison, WI

School Grades Students P/T Ratio ZIP
East High School 09 - 12 1,592 13.7 53704
Lafollette High School 09 - 12 1,455 14 53716
Memorial High School 09 - 12 1,922 14.2 53717
West High School 09 - 12 2,062 16 53726

Ungraded Schools near Madison, WI

School Grades Students P/T Ratio ZIP
* Innovative & Alternative High 09 - 12 301 14.2 53703
* Shabazz-City High School 09 - 12 109 8.2 53704
Metro School 04 - 12 21 5.4 53703

Demographics near Madison, WI 53704

Metric Zip Code City
Neighborhood Type Suburban
Population 265,447 555,474
Population Density 3,368 464
Median Age 31.5 35.4
People per Household 2.2 2.3
Median Household Income 70,466 78,452
Average Income per Capita 42,693 44,746