28 unit townhome property in an excellent east-side location minutes from shopping, MATC with easy access to downtown via East Washington Ave. Fully occupied with excellent cash flow. The property was converted to condos in 2008 but no units were ever marketed or sold. Professionally managed and in good condition. Roofs replaced 2010. Windows replaced 2002-2005. Square footage per unit listed is above grade. Most units have an additional finished room in the basement. all units have decks. Buildings 1203, 1205 and 1207 have walk out basements.
Pending
Price cut: $550K (11/28)
$5,100,000
1203 Macarthur Road, Madison, WI 53714
--beds
--baths
--sqft
Est.:
Multi Family, Apartment
Built in 1967
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
All units have decks
- 56 days |
- 405 |
- 16 |
Zillow last checked: 8 hours ago
Listing updated: December 15, 2025 at 02:24am
Listed by:
Sarah Tavarez Pref:608-213-5971,
Keller Williams Realty
Source: WIREX MLS,MLS#: 2011107
Originating MLS: South Central Wisconsin MLS
Originating MLS: South Central Wisconsin MLSFacts & features
Interior
Heating
- Natural Gas, Forced Air
Features
- Windows: Low Emissivity Windows
- Basement: Full,Walk-Out Access,Partially Finished,Concrete
- Has fireplace: No
Property
Parking
- Parking features: 2 Space, Outside
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1.63 Acres
Details
- Parcel number: 081033301160
- Zoning: SR-V2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Vinyl Siding, Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1967
Utilities & green energy
- Electric: Separate Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Electric Meters, Separate Gas Meters
Community & HOA
Location
- Region: Madison
- Municipality: Madison
Financial & listing details
- Tax assessed value: $3,511,200
- Annual tax amount: $552,104
- Date on market: 10/21/2025
- Exclusions: Tenants Personal Property, Equipment Belonging To The Management Company
Estimated market value
Not available
Estimated sales range
Not available
$2,005/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/15/2025 | Pending sale | $5,100,000 |
Source:  WIREX MLS #2011107 Report a problem | ||
| 11/28/2025 | Price change | $5,100,000-9.7% |
Source: WIREX MLS #2011107 Report a problem | ||
| 10/21/2025 | Listed for sale | $5,650,000 |
Source: WIREX MLS #2011107 Report a problem | ||
| 9/19/2025 | Listing removed | $1,749 |
Source: Zillow Rentals Report a problem | ||
| 8/28/2025 | Price change | $1,749-2.8% |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | -- |
| 2023 | -- | -- |
| 2022 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$28,234/mo
Principal & interest
$19776
Property taxes
$6673
Home insurance
$1785
Climate risks
Neighborhood: Mayfair Park
Nearby schools
GreatSchools rating
- 7/10Sandburg Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 2/10Sherman Middle SchoolGrades: 6-8Distance: 2.2 mi
- 8/10East High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Sandburg
- Middle: Sherman
- High: East
- District: Madison
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading
