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.
Sold for $4,850,000
$4,850,000
1203 Macarthur Rd, Madison, WI 53714
12beds
4,444sqft
Multi Family
Built in 1967
-- sqft lot
$767,200 Zestimate®
$1,091/sqft
$1,863 Estimated rent
Home value
$767,200
$552,000 - $1.10M
$1,863/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Sarah Tavarez,
Keller Williams Realty
Bought with:
Gordon Stebbings, 59693-90
Wisco Real Estate Sales
Source: SCWMLS,MLS#: 2011107
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Natural Gas, Forced Air, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2), Individual Heat Control (Unit 3), Individual Heat Control (Unit 4)
Cooling
- Air Conditioning (Unit 1), Air Conditioning (Unit 2), Air Conditioning (Unit 3), Air Conditioning (Unit 4)
Appliances
- Included: Dishwasher (Unit 1), Range/Oven (Unit 1), Refrigerator (Unit 1), Washer/Dryer (Unit 1), Dishwasher (Unit 2), Range/Oven (Unit 2), Refrigerator (Unit 2), Washer/Dryer (Unit 2), Dishwasher (Unit 3), Range/Oven (Unit 3), Refrigerator (Unit 3), Washer/Dryer (Unit 3), Dishwasher (Unit 4), Range/Oven (Unit 4), Refrigerator (Unit 4), Washer/Dryer (Unit 4)
- Laundry: In Unit (Unit 1), In Unit (Unit 2), In Unit (Unit 3), In Unit (Unit 4)
Features
- Eat In Kitchen (Unit 1), Private basement, Eat In Kitchen (Unit 2), Eat In Kitchen (Unit 3), Eat In Kitchen (Unit 4)
- Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2), Wood or Simulated Wood (Unit 3), Wood or Simulated Wood (Unit 4)
- Windows: Low Emissivity Windows
- Basement: Full,Partially Finished,Walk-Out Access
Interior area
- Total structure area: 4,444
- Total interior livable area: 4,444 sqft
Property
Parking
- Total spaces: 60
- Parking features: 2 spaces, Outside
- Details: Outside
Features
- Levels: Two
- Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2), Balcony/Patio (Unit 3), Balcony/Patio (Unit 4)
Lot
- Size: 1.63 Acres
- Features: Near Public Transit
Details
- Parcel number: 081033301160
- Zoning: SR-V2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
- Foundation: Poured concrete foundatn
Condition
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate elec meters, Separate gas meters
Community & HOA
Location
- Region: Madison
Financial & listing details
- Price per square foot: $1,091/sqft
- Tax assessed value: $3,511,200
- Annual tax amount: $552,104
- Date on market: 10/21/2025
- Listing terms: Arms Length
- Exclusions: tenants personal property, equipment belonging to the management company
- Total actual rent: 82752
Price history
| Date | Event | Price |
|---|---|---|
| 2/4/2026 | Sold | $4,850,000-4.9%$1,091/sqft |
Source: SCWMLS #2011107 Report a problem | ||
| 12/15/2025 | Pending sale | $5,100,000$1,148/sqft |
Source:  WIREX MLS #2011107 Report a problem | ||
| 11/28/2025 | Price change | $5,100,000-9.7%$1,148/sqft |
Source: WIREX MLS #2011107 Report a problem | ||
| 10/21/2025 | Listed for sale | $5,650,000$1,271/sqft |
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 | ||
| 7/25/2025 | Listed for rent | $1,799 |
Source: Zillow Rentals Report a problem | ||
| 6/16/2025 | Listing removed | $1,799 |
Source: Zillow Rentals Report a problem | ||
| 3/31/2025 | Listed for rent | $1,799 |
Source: Zillow Rentals Report a problem | ||
| 3/24/2025 | Listing removed | $1,799 |
Source: Zillow Rentals Report a problem | ||
| 3/3/2025 | Listed for rent | $1,799+5.9% |
Source: Zillow Rentals Report a problem | ||
| 9/13/2024 | Listing removed | $1,699 |
Source: Zillow Rentals Report a problem | ||
| 5/24/2024 | Price change | $1,699-5.6% |
Source: Zillow Rentals Report a problem | ||
| 5/10/2024 | Price change | $1,799-2.7% |
Source: Zillow Rentals Report a problem | ||
| 4/5/2024 | Listed for rent | $1,849 |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | -- |
| 2023 | -- | -- |
| 2022 | -- | -- |
| 2021 | -- | -- |
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | -- | -- |
| 2017 | -- | -- |
| 2016 | -- | -- |
| 2013 | -- | -- |
Find assessor info on the county website
Neighborhood: Mayfair Park
Nearby homes
- $207,3003 bd1 ba1.1k sqft1205 Macarthur Rd APT 6, Madison, WI 53714Off Market
- $213,7003 bd1 ba1.3k sqft1205 Macarthur Rd APT 1, Madison, WI 53714Off Market
- $200,9003 bd1 ba1.1k sqft1205 Macarthur Rd APT 3, Madison, WI 53714Off Market
- $200,9003 bd1 ba1.1k sqft1205 Macarthur Rd APT 4, Madison, WI 53714Off Market
- $200,9003 bd1 ba1.1k sqft1205 Macarthur Rd APT 5, Madison, WI 53714Off Market
- $200,9003 bd1 ba1.1k sqft1205 Macarthur Rd APT 2, Madison, WI 53714Off Market
- $201,1003 bd1 ba1.1k sqft1209 Macarthur Rd APT 3, Madison, WI 53714Off Market
- $200,9003 bd1 ba1.1k sqft1203 Macarthur Rd APT 3, Madison, WI 53714Off Market
Nearby schools
GreatSchools rating
- 7/10Sandburg Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 2/10Sherman Middle SchoolGrades: 6-8Distance: 2.3 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: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$767,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$767,200
- Wisconsin
- Dane County
- Madison
- 53714
- Mayfair Park
- 1203 Macarthur Rd
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