Under contract

$1,120,000

1706 Onsgard Rd, Madison, WI 53704

8beds

3,200sqft

$9,122/mo

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Apartment

Built in 1973

-- sqft lot

$1,057,400 Zestimate^®

$350/sqft

$-- HOA

What's special

Freedom Park Apartments presents an attractive multifamily investment opportunity on Madison’s growing east side. The property benefits from a highly desirable location just minutes from major retail, dining, and employment amenities, including Aldi, Target, East Towne Mall, Subway, Wendy’s, and numerous other neighborhood conveniences. Each unit features a functional 2-bedroom, 1-bathroom layout. The property's proximity to shopping, services, and major transportation corridors positions it well for continued occupancy and long-term income stability. With a combination of practical unit features and a convenient location in one of Madison's established residential corridors, Freedom Park Apartments offers investors a compelling opportunity to acquire a well-located asset with broad tenant appeal.

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Natural Gas, Radiant

Cooling

Air Conditioning (Unit 1), Air Conditioning (Unit 2), Air Conditioning (Unit 3), Air Conditioning (Unit 4)

Appliances

Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Dishwasher (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Dishwasher (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Dishwasher (Unit 3), Range/Oven (Unit 4), Refrigerator (Unit 4), Dishwasher (Unit 4)
Laundry: In Unit (Unit 1), In Unit (Unit 2), In Unit (Unit 3), In Unit (Unit 4)

Features

Family/Rec Room (Unit 1), Dining Room (Unit 1), Family/Rec Room (Unit 2), Dining Room (Unit 2), Family/Rec Room (Unit 3), Dining Room (Unit 3), Family/Rec Room (Unit 4), Dining Room (Unit 4)
Basement: Full

Interior area

Total structure area: 3,200
Total interior livable area: 3,200 sqft

Property

Parking

Total spaces: 8
Parking features: 1 space, Outside
Details: Outside

Lot

Size: 0.37 Acres

Details

Parcel number: 081028302024
Zoning: SR-V2

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Vinyl Siding, Brick
Foundation: Poured concrete foundatn

Condition

Year built: 1973

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: $350/sqft
Tax assessed value: $973,200
Annual tax amount: $16,877
Date on market: 6/16/2026
Inclusions: 8 Refrigerators, 8 Stove/Ovens, 8 Dishwashers, 8 Microwaves
Exclusions: Tenant/Seller Personal Items
Total actual rent: 55200

Estimated market value

$1,057,400

$1.00M - $1.11M

$1,608/mo

Price history

Date	Event	Price
7/24/2026	Contingent	$1,120,000$350/sqft
Source: SCWMLS #2025963 Report a problem
6/16/2026	Listed for sale	$1,120,000$350/sqft
Source: WIREX MLS #2025963 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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