Courtesy: Restaino & Associates
608-232-7777
This 2 flat in the E. Washington corridor is an opportunity that doesn't come around very often. Two 3 bedroom units can be used as income generation, one unit could be owner occupied, and the other unit rented to reduce cost, or the entire home can be used as a single family - with doorways and entrances already set up for single family use. Located less than 300' from a BRT stop, and central to all the amenities of the Emerson/East neighborhood means this home is in a highly desirable location - with easy access to the best Madison has to offer, and just a few short blocks away from restaurants, bars, theaters, churches, salons, art galleries and more. Two coveted off street parking spaces make this home a easy to say yes to. You and your tenants will never want to leave!
Courtesy: MHB Real Estate
608-709-9886
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!
Courtesy: Keller Williams Realty
608-831-0800
Showings to begin 9/30/24. Discover this charming and spacious two-flat, ideally situated just a stone?s throw from Willy St/Atwood Ave! Each unit features 2 bedrooms and 1 bathroom, with the upper unit boasting additional square footage in a cozy loft. Both units also include private decks that overlook a generous backyard?perfect for relaxation or entertaining. With a solid rental history and long-term tenants, this property presents a fantastic investment opportunity. Fully rented until 7/31/2025, it offers steady income for savvy investors or the option for owner-occupants to move in later. Conveniently located near parks, restaurants, bike paths, and bus lines, you'll have everything you need just moments away. Don?t miss out on this exceptional opportunity! Dimensions are approximate
Courtesy: Haven Real Estate Partners
608-213-8242
Fantastic, fully-leased 12-unit building grossing $11,845/mo in rent (plus laundry income) =$143k/yr. NOI over $100k/yr. Tax appeal complete, reducing taxes $1,100 for future bills. No deferred maintenance with NEW ROOF ?23 and NEW PARKING LOT ?20. Moments from Sun Prairie and East Town Mall and on key bus routes, these professionally managed 1BR/1BA units have strong history and steady cashflow. At GRM of 10.5x or Cap Rate of 6.5%, this building has a FMV of $1.49-$1.55m. The Fed just announced a rate cut, so expect demand to be strong at this price. Lock in consistent returns and upside for your portfolio. Nearby AmFam campus and brand-new UW Medical Center provide large tenant pool and ongoing appeal for the area. Don't miss your chance to own in the nation?s #1 multi-family market.
Courtesy: Quorum Enterprises, Inc
920-490-7446
Completed in 2022, this mint condition 2-unit home is turnkey and checks all the boxes! The 2nd floor 'Owner's Suite' has been occupied by the builder since completion, and is now vacant and ready for move-in. Your mortgage payments will be offset by the 1st floor tenant, who has also lived at the property since it was first built and is leased through August of 2025. Built to last and easy to maintain - with a steel roof, tile and LVP floors, a fenced in yard and a thoughtful layout. It is easy to rent and located in an increasingly walkable pocket of the East Side.
Courtesy: Building Equity Development
608-438-4022
This Northside home is larger than you typically see in this area. It has some recent updates including the main kitchen and both bathrooms. Since it was last listed, the upper back porch has been finished. There is fresh paint, new landscaping, a lot of cleaning, and several repairs have been completed. It's now move-in ready. This property was at one time used at a rooming house. It is currently set up as an upper and lower 2 flat, but could easily be a single family home by changing two sets of door knobs from locking to "passage." Check it out to see if the layout will work for your needs! Seller is listing agent.
Courtesy: Bunbury & Assoc, REALTORS
608-873-3252
Great opportunity to add to your portfolio, or get started with quality investment property! This duplex has both units rented bringing in almost $5,000 per month. Ideal location in Mid Town Commons on Madison's west side near University Ridge Golf Course. Townhouse style layout with an open main level floor plan. Two car garages with level driveway has space for more off street parking.
Courtesy: The Alvarado Group, Inc
608-251-6600
SD 9/24 Classic two-unit house on Willy Street. The first-floor unit offers two bedrooms, a spacious living room, and a recently remodeled kitchen with new cabinets, solid countertops, stainless steel range/oven and microwave, a double sink, and refinished hardwood floors. Freshly painted, this unit also provides basement access with a washer and dryer. The upstairs unit features hardwood floors, one bedroom, a newly added washer and dryer, separate furnace and electrical systems. The property also includes a front porch built in 2016, off street parking, recently painted, new gutters, downspouts, and a small backyard.
Courtesy: Realty Executives Cooper Spransy
608-661-7900
Incredibly well-maintained two-flat on Madison?s Northside! All of the work has been done for you: 2023 - deck, electrical/ plumbing updates, interior paint, LVP flooring, updated bathrooms, new ranges, fridges, exterior lighting and locks. 2022 - whole home insulation, water heater, bathroom exhaust fans. Gutters replaced in 2019 and roof in 2017. You?ll love the prime location, just a short walk to great restaurants, cafes & the lake. Less than 5 minutes to the new Public Market (2025) and 10 minutes Downtown. This gem is ready to owner-occupy or add to a portfolio, growing wealth for years to come.
Courtesy: MHB Real Estate
608-709-9886
Beautifully updated 6-bed, 3-bath home, ideally located near downtown Madison! This private, oversized lot, offers endless possibilities for outdoor activities, gardening, and relaxation. The bright and open main level has been thoughtfully refreshed with modern upgrades, including fresh paint, sleek flooring, a stylish new bathroom, convenient laundry hookups, and a stunning pallet accent wall. The versatile lower level features its own private entrance, full kitchen, spacious bedroom, cozy den/office, laundry and inviting living area?perfect for rental income or extended family. A large detached garage with alley access provides ample storage. Nestled in a peaceful neighborhood just minutes from downtown?s vibrant dining, shopping, and entertainment. Includes a backup generator!
Courtesy: Investment Realty Services LLC
608-238-8888
Showings begin Friday, September 13. Location and income! This 2-flat duplex not only offers an appealing location, but it also has income totaling $2585/month! Each unit consist of a 1-bedroom apartment and private laundry. Lower apartment includes access to basement. Upper apartment includes access to garage. Owner is currently in the process of upgrading electrical service.
Courtesy: Keller Williams Realty
608-831-0800
RARE RANCH DUPLEX off Madison's dynamically developing Park St. corridor featuring a 2 and 3 bedroom unit and conveniently located walking distance from Madison College South Campus, the University, library, parks, biking and walking paths, cafes and much more. This unique property is well suited to be student housing, a group home, etc. and has an exposed, walk out, lower level which may have the potential to be converted into a 3rd rental unit. Bonus Feature -a separate home could possibly be built on the lot in the future boosting the income potential of this great investment. Property being sold as is and measurements should be verified by buyer if important.
Courtesy: Assist 2 Sell Homes 4 You Realty
608-836-3441
Showings begin September 5, 2024. Solidly built, brick 8 unit now in an established neighborhood. Each unit includes one space in a detached garage, and storage locker. Each building also features basement laundry area for tenant use. This property has been well-maintained but can use some cosmetic updates. Strong rental history with some room for rent increases. Rents listed are for Units in Building 225. Additional unit rents for Building 229: #1 $1220, Great location close to bus line and employers including Trustage and Exact Sciences.#2 $1225, Unit #3 $1225, Unit #4 $1175. All units are similar in floorplan and condition. Only 1 unit will be available for initial showing.
Courtesy: Homecoin.com
888-400-2513
Two flat - 2 bedroom 1 bath upstairs and 2 bedroom 1 bath downstairs. Can easily be converted back into none duplex property / home if desired. You can see the capital from the front yard.
Courtesy: Madison Property Management, Inc.
608-251-8777
4 unique multi-family apartment buildings are three blocks from James Madison Park on Lake Mendota, 1 block from the very active East Washington Avenue and 5 blocks from the Capitol Square. 510 E. Mifflin St. is a 4-unit rental which has beautiful architecture/woodwork. 103/105 N. Franklin St. is a 3-unit rental that was intentionally left vacant because of the need for restructuring of the front/back porches. Seller will provide Buyer with a $150,000 credit against the purchase price to redo the porches and repair basement water issue. 101 N. Franklin St. is a single-family rental with 3 beds & 1 bath. 107-109 N. Franklin St. is a 2-unit rental. This block is Zoned as Planned Development so someone could put up a four-story building on 1 or more of these parcels subject to city approval.
Courtesy: EXP Realty, LLC
608-838-1377
This inviting home boasts a spacious front porch perfect for enjoying your morning coffee. Recent updates include a new roof, a modern furnace, and an updated kitchen, along with a tiled main floor bath. Features include main level laundry, large kitchen, expansive formal dining area, open floor plan, front porch, storage shed. This property offers an excellent opportunity for both investors and potential owner-occupants. Ideally located within walking distance to downtown and various amenities, this home is a fantastic find!
Courtesy: Berkshire Hathaway HomeServices True Realty
608-239-2559
Prime investment opportunity in the heart of University Heights. Incredibly appealing location for tenants - walking distance to Camp Randall, Babcock Hall, Engineering and Vet School. The first-floor unit features 2 bedrooms, renting for $1,800/month, plus $100/month for 2 parking spots. The upper unit has 5 bedrooms, 4 of which are rented at $800/month (the 5th lease signed soon), plus $50/month for 1 parking spot. Both units have laundry, covered porches, and parking. GRM is 10.6! Gross Income is $ 71,400/year. Leases and income info available to verified buyers. Recent updates include bathrooms, flooring and more!
Courtesy: Berkshire Hathaway HomeServices True Realty
608-239-2559
This home as designed can be built in 3-4 months. Customization available. Perfect blend of comfort, versatility, and income in this beautifully designed home in Terravessa. Featuring four bedrooms and two and a half baths, the main home offers a spacious kitchen, a convenient mudroom, a two-car attached garage, a fenced yard, and a primary suite with a walk-in closet and en suite bath. Enjoy relaxing on the covered porch and balcony. PLUS a one-bedroom, one-bath Auxiliary Dwelling Unit (ADU) provides flexible living options or potential rental income, complete with a full kitchen, walk-in closet, private entry, and designated parking. Nestled in a modern, planned community with abundant green spaces, parks, and amenities, and conveniently close to Madison, Hwy 14, and the Beltline.
Courtesy: First Weber Inc
608-836-7433
Showings begin at open house on 8/10. Nestled in the heart of downtown Madison, this charming 2 Flat offers unparalleled convenience. Located just 1 block from the hospital, 2 blocks from the arboretum, and 3 blocks from the Henry Vilas zoo, it's ideal for medical staff or students. Enjoy a short stroll to the zoo and vibrant community amenities like dining, shopping, and entertainment. Easy access to State Street and the University, all within walking distance, this property is perfectly situated. parking, public transportation, and backyard, this 2 flat is an ideal investment for steady rental income or a comfortable home. Don't miss this incredible opportunity.
Courtesy: Century 21 Affiliated
608-223-2746
PERFECT LOCATION AND SETTING FOR THESE ONE BUILDING, SIDE-BY-SIDE DUPLEXES MOVE-IN READY FOR RENTING OR OWNER OCCUPY! LOCATED IN THE LIBERTY PLACE CONDOMINIUMS THAT ALLOWS YEARLY RENTAL AND PROVIDES PEACE OF MIND. CORNER GAS FP, MAPLE HARDWOODS, KITCHEN ISLAND, PANTRY, SS APPLIANCES, QUALITY CARPET AND FULL BASEMENTS. LOW MONTHLY CONDO DUES ($175/MONTHLY). SELLER CONTRIBUTES $5000 TO RESERVE FUND ($2500/UNIT).
Courtesy: First Weber Inc
608-274-7500
LAKE MONONA / Isthmus. Rare and limited offering. Architect owned. Two buildings side by side (733 & 731), adjoined at the rear creating additional units. There are 6 residential apartments and an office space from which the owner operated his architectural firm. Apartments are in various stages of occupancy and condition. Each unit is different and has it's own personality and character. Lake views from 5 of the 7 units. There is approx. 63 feet of frontage and a boathouse and pier. City records say 5 units, but there are 7. Serious inquiries only. Proof of Funds letter is required for showings.
Courtesy: Bunbury & Assoc, REALTORS
608-873-3252
Very spacious and open duplex available in Midtown Commons. Each side is over 2000 sq feet, has 3 bedrooms, 3 FULL baths, and 2 car attached garages. It is designed with separated entrances with exposed and finished lower levels so there is plenty of room. Large unfinished basement area for storage.
Courtesy: Homestead Realty
414-461-4040
2-unit apartment building leased thru August 14, 2025!! Investment opportunity on the near east side of Madison. Always rented due to location. Main level apartment has a private entrance, in-unit laundry, and off-street parking! The other apartment is a large 4-bedroom that spans both the 2nd and 3rd floors. Very popular floorplan. 2 of the 3 floors have hardwood flooring. Entire roof was replaced 1 year ago! Building was sprinklered to comply with city of Madison code to authorize 3rd floor use. Total gross annual income is $43,200. Priced at a 11 GIM and BELOW the assessed value! Check public documents for a whole bunch of additional information like income and expenses, building floorplan, and a full updates and features list with dates of replacements for capital improvements.
Courtesy: EXIT Realty HGM
608-563-2272
Well maintained 7-unit property, occupied by long term tenants. Six units are two bedroom, one bath garden style. One unit is a manager style town house, 2 bedroom 1.5 bath and full private basement. The other six units have shared coin operated laundry in the basement along with individual storage space for tenants. The property is heated by a boiler installed two years ago. All units have access to off street free parking.
Courtesy: Stark Company, REALTORS
608-836-9300
Charming rental home in the Greenbush neighborhood steps from Park St restaurants, Monona Bay/Bernie's Beach, Vilas Park, Arboretum. Strong rental base with proximity to UW, hospitals & downtown. Main floor enlarged with the front porch enclosed for flexible office/living space & a large rear addition (electric heat there) was added featuring a massive sauna with wood fueled heat. Options abound for this flexible addition if you decide to remove the sauna and use for more living /bedroom space or perhaps create a studio rental unit. Main floor half bath adjoins a large closet that could possibly be reconfigured to add a shower. Nice deck leads to the backyard with space to grill and relax. Parking off paved alley. Seller had only 2 long term renters in 20 yrs. Zoning for 2-units & ADU.
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| Information is supplied by seller and other third parties and has not been verified. This IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify perspective properties consumers may be interested in purchasing. Copyright 2024 - Wisconsin Real Estate Exchange. All Rights Reserved Information is deemed reliable but is not guaranteed |
Madison is located in Wisconsin. Madison, Wisconsin has a population of 248,856. Madison is less family-centric than the surrounding county with 30.85% of the households containing married families with children. The county average for households married with children is 33.76%.
The median household income in Madison, Wisconsin is $59,387. The median household income for the surrounding county is $67,631 compared to the national median of $57,652. The median age of people living in Madison is 31 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 10.3 degrees. The average rainfall is approximately 35.7 inches per year, with 42.5 inches of snow per year.
