Exceptional 3-Unit Investment Opportunity in Prime Madison Location! Meticulously maintained by the same owner for 51 years, this all-brick property offers a rare investment or owner-occupant opportunity. It features a detached 3-car garage (one stall per tenant) and is located near the lakes, downtown, and Breese Stevens. Unit 1 (2 bed/1 bath, 1,416 sq. ft.) includes hardwood floors, a private deck, screened porch, and exclusive use of a basement workshop. Units 2 & 3 (1 bed/1 bath, 700 sq. ft.) are rented through May 2025. All units have individual storage units, and a common foyer. Current rents total $3,495/month, with room to increase. Extensive updates throughout?see attached list!
Closed
$570,000
2109 East Washington Avenue, Madison, WI 53704
4beds
2,840sqft
Multi Family
Built in 1953
-- sqft lot
$710,600 Zestimate®
$201/sqft
$1,913 Estimated rent
Home value
$710,600
$640,000 - $789,000
$1,913/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 11, 2024 at 06:11pm
Listed by:
Dan Tenney Offic:608-709-9886,
MHB Real Estate
Bought with:
Hemen Oza
Source: WIREX MLS,MLS#: 1986731
Originating MLS: South Central Wisconsin MLS
Originating MLS: South Central Wisconsin MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Radiant/Electric
Appliances
- Included: Water Softener Rented
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,840
- Total interior livable area: 2,840 sqft
Property
Parking
- Total spaces: 1
- Parking features: 1 Car, Detached, 1 Space
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,227 sqft
Details
- Parcel number: 071006305124
- Zoning: res
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1953
Utilities & green energy
- Electric: Separate Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Electric Meters, Separate Gas Meters
Community & neighborhood
Location
- Region: Madison
- Municipality: Madison
Price history
| Date | Event | Price |
|---|---|---|
| 11/8/2024 | Sold | $570,000-0.9%$201/sqft |
Source:  WIREX MLS #1986731 | ||
| 10/4/2024 | Contingent | $574,900$202/sqft |
Source: WIREX MLS #1986731 | ||
| 9/27/2024 | Listed for sale | $574,900-1.7%$202/sqft |
Source: WIREX MLS #1986731 | ||
| 9/16/2024 | Listing removed | $1,900+72.7%$1/sqft |
Source: Zillow Rentals | ||
| 8/20/2024 | Price change | $1,100-15.4% |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,144 +4% | $518,200 +7% |
| 2023 | $9,758 | $484,300 +5% |
| 2022 | -- | $461,200 +5% |
Find assessor info on the county website
Neighborhood: Schenk-Atwood
Nearby schools
GreatSchools rating
- 9/10Marquette Elementary SchoolGrades: 3-5Distance: 0.6 mi
- 8/10O'keeffe Middle SchoolGrades: 6-8Distance: 0.6 mi
- 8/10East High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Lapham/Marquette
- Middle: Okeeffe
- 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.
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$710,600
2% more+ $14,212
With Zillow Showcase(estimated)
$724,812