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 (5th bedroom available to be leased), plus $50/month for 1 parking spot. Total income potential of $71,400 per year. Both units have laundry, covered porches, and parking. Leases and income info available to verified buyers. Recent updates include bathrooms, flooring and more!
Sold for $725,000
$725,000
1915 University Ave, Madison, WI 53726
7beds
3,400sqft
Apartment
Built in 1899
-- sqft lot
$812,600 Zestimate®
$213/sqft
$2,020 Estimated rent
Home value
$812,600
$731,000 - $902,000
$2,020/mo
Zestimate® history
Owner options
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$2,020/mo
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$2,020/mo
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$4,760/mo
Est. payment
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$4,760/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Insiders Realty Group,
Berkshire Hathaway HomeServices True Realty
Bought with:
Insiders Realty Group
Berkshire Hathaway HomeServices True Realty
Source: SCWMLS,MLS#: 1983360
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Appliances
- Included: Dishwasher (Unit 1), Range/Oven (Unit 1), Refrigerator (Unit 1), Washer/Dryer (Unit 1), Dishwasher (Unit 2), Range/Oven (Unit 2), Refrigerator (Unit 2), Washer/Dryer (Unit 2)
Features
- Eat In Kitchen (Unit 1), Family/Rec Room (Unit 1), Eat In Kitchen (Unit 2), Family/Rec Room (Unit 2)
- Basement: Full
Interior area
- Total structure area: 3,400
- Total interior livable area: 3,400 sqft
Property
Parking
- Total spaces: 3
- Parking features: Outside
- Details: Outside
Features
- Levels: Two
- Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2)
Lot
- Size: 6,534 sqft
- Features: Near Public Transit
Details
- Parcel number: 070922208032
- Zoning: TR-UH
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Aluminum Siding, Vinyl Siding
Condition
- Year built: 1899
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Madison
- Subdivision: University Heights
HOA & financial
Other financial information
- Total actual rent: 69600
Other
Other facts
- Listing terms: Arms Length
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2025 | Sold | $725,000$213/sqft |
Source: SCWMLS #1983360 Report a problem | ||
| 11/10/2024 | Contingent | $725,000$213/sqft |
Source:  WIREX MLS #1983360 Report a problem | ||
| 10/30/2024 | Listed for sale | $725,000-4.2%$213/sqft |
Source: WIREX MLS #1983360 Report a problem | ||
| 10/24/2024 | Contingent | $757,000$223/sqft |
Source: WIREX MLS #1983360 Report a problem | ||
| 8/22/2024 | Listed for sale | $757,000+58.5%$223/sqft |
Source: WIREX MLS #1983360 Report a problem | ||
| 5/1/2024 | Listed for rent | $800 |
Source: Zillow Rentals Report a problem | ||
| 10/31/2016 | Sold | $477,500-0.5%$140/sqft |
Source: SCWMLS #1786711 Report a problem | ||
| 9/19/2016 | Listed for sale | $480,000$141/sqft |
Source: Madison Property Management, Inc. #1786711 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $14,303 +6.9% | $730,700 +10% |
| 2023 | $13,384 | $664,300 +11% |
| 2022 | -- | $598,500 +10.5% |
| 2021 | -- | $541,500 +8% |
| 2020 | -- | $501,400 |
| 2019 | $10,676 | $501,400 +5% |
| 2018 | $10,676 -3.5% | $477,500 |
| 2017 | $11,061 +65.5% | $477,500 +62.9% |
| 2016 | $6,682 +5% | $293,200 +10.3% |
| 2014 | $6,364 +5.2% | $265,900 |
| 2013 | $6,049 -4.9% | $265,900 |
| 2012 | $6,359 +5.1% | $265,900 |
| 2011 | $6,049 +3.6% | $265,900 |
| 2010 | $5,840 +8.2% | $265,900 |
| 2009 | $5,397 +5% | $265,900 |
| 2008 | $5,138 -1.6% | $265,900 |
| 2007 | $5,224 -0.3% | $265,900 |
| 2006 | $5,239 -0.5% | $265,900 +5% |
| 2005 | $5,263 -1.9% | $253,200 +5% |
| 2004 | $5,364 +0.8% | $241,100 |
| 2003 | $5,322 +6.7% | $241,100 +13.4% |
| 2002 | $4,990 +5% | $212,700 +10% |
| 2001 | $4,754 +0% | $193,400 +3% |
| 2000 | $4,752 | $187,800 |
Find assessor info on the county website
Neighborhood: Regent
Nearby schools
GreatSchools rating
- 9/10Randall Elementary SchoolGrades: 3-5Distance: 0.3 mi
- 8/10Hamilton Middle SchoolGrades: 6-8Distance: 2.1 mi
- 9/10West High SchoolGrades: 9-12Distance: 0.5 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
$812,600
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
$812,600
- Wisconsin
- Dane County
- Madison
- 53726
- Regent
- 1915 University Ave
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