Active

$850,000

4706 Jenewein Rd, Madison, WI 53711

12beds

4,480sqft

$5,873/mo

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Multi Family

Built in 1967

-- sqft lot

$699,500 Zestimate^®

$190/sqft

$-- HOA

What's special

Excellent opportunity to own a well-maintained 4-unit property in one of the strongest multifamily markets in the country. This property offers a rare and preferred 3 Bedroom, 1.5 Bath Units with a proven rental history, stable occupancy, and room to increase rents providing both immediate cash flow and future upside. Tenants love having a private 1 car garage and the convenient location. One unit is currently vacant, an ideal opportunity for an owner-occupant or an investor seeking additional rental income. The vacant unit has been updated and is in excellent condition. Major improvements have already been completed, including newer roof and gutters, newer driveway, and recent retaining wall work. Tenants pay all their own utilities, helping keep operating expenses low. A true turnkey, low-maintenance investment with no major capital expenditures anticipated, ready for its next owner.

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 8
Full bathrooms: 4
1/2 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)

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), Washer/Dryer (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Washer/Dryer (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Washer/Dryer (Unit 3), Range/Oven (Unit 4), Refrigerator (Unit 4), Washer/Dryer (Unit 4)
Laundry: In Unit (Unit 1), In Unit (Unit 4)

Features

Internet -Fiber Available, Family/Rec Room (Unit 1), Eat In Kitchen (Unit 1), Private basement, 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)
Flooring: Wood or Simulated Wood (Unit 1)
Basement: Full,Lower basement laundry

Interior area

Total structure area: 4,480
Total interior livable area: 4,480 sqft

Property

Parking

Total spaces: 12
Parking features: 1 stall garage, Attached, 1 space, Outside, Garage Door Opener, Asphalt, Driveway, Inside parking, Off Street, Paved
Attached garage spaces: 4
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: 9,583 Square Feet
Features: Near Public Transit

Details

Parcel number: 060905205072
Zoning: SR-V1

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding, Brick
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

Green energy

Energy efficient items: Appliances

Community & HOA

Location

Region: Madison

Financial & listing details

Price per square foot: $190/sqft
Tax assessed value: $612,200
Annual tax amount: $10,291
Date on market: 6/3/2026
Inclusions: 4 washers, 4 dryers, 4 stoves/oven, 4 microwaves, 4 refrigerators, 4 wall AC units
Exclusions: seller and tenant personal property
Total actual rent: 68460

Estimated market value

$699,500

$637,000 - $769,000

$2,047/mo

Price history

Date	Event	Price
6/3/2026	Listed for sale	$850,000+126.8%$190/sqft
Source: WIREX MLS #2024933 Report a problem
9/18/2019	Sold	$374,800$84/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$10,375 +7.3%	$530,000 +10.4%
2023	$9,671	$480,000 +16.8%
2022	--	$411,000 +9.9%
2021	--	$374,000
2020	--	$374,000 +52.3%
2019	--	$245,600
2018	--	--
2017	--	--
2016	--	--