Fantastic 3-unit investment opportunity on the bustling near east side! Perfect for an owner occupant or a turnkey addition to an experienced investor's portfolio. The vacant first floor unit has been completely remodeled top to bottom with granite counter tops, tile backsplash, tile shower surrounds, refinished hardwood floors, etc. All apartments have private entry ways. Unit 2116 - 3BD/2BA - Vacant w/ rent estimated at $2100, Unit 2118 - 2BD/1BA - $1290/month and market rent estimated at $1450/month. Unit 2120 - 1BD/1BA - $1050/month w/ market rent estimated at $1150/month.
Closed
$585,000
2118 East Washington Ave, Madison, WI 53704
6beds
3,300sqft
Multi Family, Apartment
Built in 1917
-- sqft lot
$720,300 Zestimate®
$177/sqft
$1,961 Estimated rent
Home value
$720,300
$677,000 - $771,000
$1,961/mo
Zestimate® history
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What's special
Zillow last checked: 9 hours ago
Listing updated: January 03, 2023 at 06:08pm
Listed by:
The Hub Team 608-556-4400,
The Hub Realty
Bought with:
Suzanna Cecchin
Source: WIREX MLS,MLS#: 1947165
Originating MLS: South Central Wisconsin MLS
Originating MLS: South Central Wisconsin MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Radiant/Electric
Appliances
- Included: Water Softener
Features
- Basement: Full,Concrete
- Has fireplace: No
Interior area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
Property
Parking
- Parking features: 1 Space, 2 Space
Lot
- Size: 7,405 sqft
Details
- Parcel number: 071006304209
- Zoning: TR-V1
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1917
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 |
|---|---|---|
| 2/5/2023 | Listing removed | -- |
Source: Zillow Rentals | ||
| 2/3/2023 | Listed for rent | $2,190$1/sqft |
Source: Zillow Rentals | ||
| 2/3/2023 | Listing removed | -- |
Source: SCWMLS | ||
| 1/16/2023 | Listed for rent | $2,190$1/sqft |
Source: SCWMLS | ||
| 1/3/2023 | Sold | $585,000$177/sqft |
Source:  WIREX MLS #1947165 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,402 +9.1% | $582,500 +12.3% |
| 2023 | $10,455 | $518,900 +12% |
| 2022 | -- | $463,300 +10% |
Find assessor info on the county website
Neighborhood: Emerson East
Nearby schools
GreatSchools rating
- 6/10Emerson Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 2/10Sherman Middle SchoolGrades: 6-8Distance: 1.6 mi
- 8/10East High SchoolGrades: 9-12Distance: 0.1 mi
Schools provided by the listing agent
- Elementary: Emerson
- 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.
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$720,300
2% more+ $14,406
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$734,706