For sale

$1,120,000

3802 Lien Rd, Madison, WI 53704

4beds

3,200sqft

$9,140/mo

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Apartment

Built in 1984

-- sqft lot

$-- Zestimate^®

$350/sqft

$-- HOA

What's special

Located on Madison's thriving east side, Freedom Park Apartments offers investors the opportunity to acquire a well-positioned multifamily asset in a high-demand rental market. Surrounded by established neighborhoods and just minutes from major employers, shopping, restaurants, and everyday conveniences, the property is ideally situated to attract and retain quality tenants. The community consists of thoughtfully designed 1-bedroom, 1-bathroom apartments that appeal to a broad tenant base, including young professionals, students, and individuals seeking low-maintenance living. Efficient layouts and an excellent location contribute to consistent rental demand and long-term occupancy potential. With its strong market fundamentals, desirable location, and wide-ranging tenant appeal, Freedom Park Apartments presents an outstanding investment opportunity for buyers seeking stable cash flow and future appreciation in one of Madison's most established residential areas.

12 hours

47

2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Heating

Natural Gas, Radiant, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2), Individual Heat Control (Unit 3), Individual Heat Control (Unit 4)

Appliances

Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Range/Oven (Unit 4), Refrigerator (Unit 4)
Laundry: Common Area

Features

Family/Rec Room (Unit 1), Eat In Kitchen (Unit 1), Family/Rec Room (Unit 2), Eat In Kitchen (Unit 2), Family/Rec Room (Unit 3), Eat In Kitchen (Unit 3), Family/Rec Room (Unit 4), Eat In Kitchen (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: Outside, Extra space available, Off Street, Parking Lot
Details: Outside

Lot

Size: 0.38 Acres

Details

Parcel number: 081028301018
Zoning: SR-V2

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Brick
Foundation: Poured concrete foundatn

Condition

Year built: 1984

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: $933,100
Annual tax amount: $16,179
Date on market: 7/27/2026
Inclusions: 8 Refrigerators, 8 Stove/Ovens
Exclusions: Tenant/Seller Personal Items
Total actual rent: 49080

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/27/2026	Listed for sale	$1,120,000$350/sqft
Source: SCWMLS #2028983 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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