Discover the perfect investment opportunity! This charming home is complete with hardwood floors, large windows that let in tons of natural light, coin laundry on site, and parking. This home is ideally located near Edgewood, UW Madison, UW Hospitals, downtown, parks, the zoo, and bus lines. Enjoy the flexibility to add a garage, an ADU, and create a third unit in the lower level, maximizing rental income potential. Income leases are secured through August 2025, offering immediate returns. Landlord currently pays for basement utilities.
Sold for $543,000
$543,000
1631 Jefferson St, Madison, WI 53711
4beds
1,729sqft
Multi Family
Built in 1949
-- sqft lot
$597,900 Zestimate®
$314/sqft
$2,243 Estimated rent
Home value
$597,900
$562,000 - $640,000
$2,243/mo
Zestimate® history
Owner options
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$2,243/mo
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$2,243/mo
Rent Zestimate®
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$3,559/mo
Est. payment
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$3,559/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Terra Firma Realty Team,
Terra Firma Realty
Bought with:
Melissa LeGrand, 57439-90
@properties-elleven Christie's International
Source: SCWMLS,MLS#: 1981319
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air, Individual Heat Control (Unit 1)
Appliances
- Included: Dishwasher (Unit 1), Range/Oven (Unit 1), Refrigerator (Unit 1), Dishwasher (Unit 2), Range/Oven (Unit 2), Refrigerator (Unit 2), Water Softener Owned
Features
- Eat In Kitchen (Unit 1), Family/Rec Room (Unit 1), Eat In Kitchen (Unit 2), Family/Rec Room (Unit 2)
- Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2)
- Basement: Full
Interior area
- Total structure area: 1,729
- Total interior livable area: 1,729 sqft
Property
Parking
- Total spaces: 4
- Parking features: Outside
- Details: Outside
Features
- Levels: Two
- Patio & porch: Balcony/Patio (Unit 2)
Lot
- Size: 4,791 sqft
- Features: Near Public Transit
Details
- Parcel number: 070922410108
- Zoning: TR-C4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
- Foundation: Poured concrete foundatn
Condition
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate elec meters, Separate gas meters, Separate water meters, Internet - Cable
Community & neighborhood
Location
- Region: Madison
HOA & financial
Other financial information
- Total actual rent: 36000
Other
Other facts
- Listing terms: Arms Length
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2024 | Sold | $543,000-0.4%$314/sqft |
Source: Public Record Report a problem | ||
| 8/2/2024 | Contingent | $545,000$315/sqft |
Source:  WIREX MLS #1981319 Report a problem | ||
| 7/23/2024 | Listed for sale | $545,000+36.3%$315/sqft |
Source: WIREX MLS #1981319 Report a problem | ||
| 4/15/2022 | Sold | $400,000$231/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,378 +4% | $428,000 +7% |
| 2023 | $8,059 | $400,000 +3.8% |
| 2022 | -- | $385,400 +12% |
| 2021 | -- | $344,100 +8% |
| 2020 | -- | $318,600 +3% |
| 2019 | $6,557 | $309,300 +5% |
| 2018 | $6,557 +6.3% | $294,600 +10% |
| 2017 | $6,169 +5.3% | $267,800 +5% |
| 2016 | $5,859 -2.4% | $255,000 +1.6% |
| 2014 | $6,003 +5.2% | $251,000 |
| 2013 | $5,706 -4.9% | $251,000 |
| 2012 | $5,998 +5.1% | $251,000 |
| 2011 | $5,706 +3.6% | $251,000 |
| 2010 | $5,508 +2.7% | $251,000 -5% |
| 2009 | $5,362 +5% | $264,200 |
| 2008 | $5,105 -1.6% | $264,200 |
| 2007 | $5,191 -0.3% | $264,200 |
| 2006 | $5,205 -0.5% | $264,200 +5% |
| 2005 | $5,229 -3.8% | $251,600 +3% |
| 2004 | $5,435 +9.4% | $244,300 |
| 2003 | $4,967 +12.6% | $244,300 +29.9% |
| 2002 | $4,410 +5.8% | $188,000 +10.8% |
| 2001 | $4,169 +6.9% | $169,600 +10% |
| 2000 | $3,902 | $154,200 |
Find assessor info on the county website
Neighborhood: Vilas
Nearby schools
GreatSchools rating
- 9/10Randall Elementary SchoolGrades: 3-5Distance: 0.3 mi
- 8/10Hamilton Middle SchoolGrades: 6-8Distance: 2.3 mi
- 9/10West High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Franklin/Randall
- Middle: Hamilton
- High: West
- District: Madison
Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$597,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$597,900
- Wisconsin
- Dane County
- Madison
- 53711
- Vilas
- 1631 Jefferson St
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