East side 3-Unit at unbelievable price. Easy to manage, well maintained rental. Tons of recent mechanical updates including roof, electrical services, water heater and furnace. Plenty of fresh paved parking. Simple but well laid out. Spacious clean, common basement with laundry and storage. This property is under rented to longer term tenants. Plenty more upside when leases renew or with modest updating.
Sold for $381,000
$381,000
1938 E Washington Ave, Madison, WI 53704
1beds
1,260sqft
Apartment
Built in 1941
-- sqft lot
$424,100 Zestimate®
$302/sqft
$1,793 Estimated rent
Home value
$424,100
$403,000 - $445,000
$1,793/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ben Anton,
Lauer Realty Group, Inc.
Bought with:
Monika Ramsey, 52604-90
First Weber Inc
Source: SCWMLS,MLS#: 1978876
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Appliances
- Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Water Softener Owned
- Laundry: Common Area
Features
- Eat In Kitchen (Unit 1), Family/Rec Room (Unit 1), Shared basement, Eat In Kitchen (Unit 2), Family/Rec Room (Unit 2), Eat In Kitchen (Unit 3), Family/Rec Room (Unit 3)
- Basement: Full
Interior area
- Total structure area: 1,260
- Total interior livable area: 1,260 sqft
Property
Parking
- Total spaces: 3
- Parking features: 1 space, Outside
- Details: Outside
Lot
- Size: 5,662 sqft
- Features: Near Public Transit
Details
- Parcel number: 071006311238
- Zoning: TR-V1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Aluminum Siding, Vinyl Siding
- Foundation: Poured concrete foundatn
Condition
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate elec meters
Community & neighborhood
Location
- Region: Madison
- Subdivision: Emerson East
HOA & financial
Other financial information
- Total actual rent: 28740
Other
Other facts
- Listing terms: Arms Length
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2024 | Sold | $381,000+11.7%$302/sqft |
Source: Public Record Report a problem | ||
| 6/11/2024 | Pending sale | $341,000$271/sqft |
Source:  WIREX MLS #1978876 Report a problem | ||
| 6/6/2024 | Listed for sale | $341,000+147.1%$271/sqft |
Source: WIREX MLS #1978876 Report a problem | ||
| 9/21/2015 | Sold | $138,000-11%$110/sqft |
Source: Public Record Report a problem | ||
| 7/25/2007 | Sold | $155,000$123/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,342 +4% | $324,000 +7% |
| 2023 | $6,101 | $302,800 +12% |
| 2022 | -- | $270,400 +10% |
| 2021 | -- | $245,800 +8% |
| 2020 | -- | $227,600 +10% |
| 2019 | $4,158 | $206,900 +10% |
| 2018 | $4,158 +6.3% | $188,100 +10% |
| 2017 | $3,910 +13.8% | $171,000 |
| 2016 | $3,437 +6% | $171,000 +24.8% |
| 2014 | $3,241 +8.5% | $137,000 +3% |
| 2013 | $2,988 -4.9% | $133,000 |
| 2012 | $3,143 +5.2% | $133,000 |
| 2011 | $2,988 +3.6% | $133,000 |
| 2010 | $2,883 +8.2% | $133,000 |
| 2009 | $2,664 +4.4% | $133,000 |
| 2008 | $2,551 -2.4% | $133,000 |
| 2007 | $2,613 -0.3% | $133,000 |
| 2006 | $2,620 -18% | $133,000 -13.5% |
| 2005 | $3,195 +2.8% | $153,700 +10% |
| 2004 | $3,108 +0.8% | $139,700 |
| 2003 | $3,083 +3.7% | $139,700 +10.3% |
| 2002 | $2,972 +0.2% | $126,700 +5% |
| 2001 | $2,967 +0.1% | $120,700 +3% |
| 2000 | $2,966 | $117,200 |
Find assessor info on the county website
Neighborhood: Emerson East
Nearby schools
GreatSchools rating
- 6/10Emerson Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 2/10Sherman Middle SchoolGrades: 6-8Distance: 1.7 mi
- 8/10East High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Emerson
- Middle: Sherman
- High: East
- 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
$424,100
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
$424,100
- Wisconsin
- Dane County
- Madison
- 53704
- Emerson East
- 1938 E Washington Ave
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