For sale

Price cut: $40K (8/3)

$600,000

2069 Winnebago St, Madison, WI 53704

6beds

2,560sqft

$4,858/mo

Get pre-qualified

Multi Family

Built in 1914

-- sqft lot

$587,500 Zestimate^®

$234/sqft

$-- HOA

What's special

Prime Near East Side 3-unit investment opportunity just steps from Schenk's Corners. Full of character, this well-maintained property features hardwood floors, formal dining rooms in the first and second-floor units, inviting porches, a private third-floor balcony, and three off-street parking spaces. Recent improvements include major electrical updates, vinyl siding, ceiling repairs, deck and porch refinishing, a newer furnace, and updated water heaters. Rented coin-operated laundry provides additional income potential beyond current rents. With strong rental history, desirable unit layouts, and a location tenants love, this is an excellent opportunity to add a turnkey Madison investment property to your portfolio. Separate electric meters, front and rear stairways, and easy access to dining, shopping, parks, and downtown Madison complete the package. Ideal for both investors and owner-occupants looking to offset their mortgage with rental income.

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Heating

Natural Gas, Forced Air

Appliances

Included: Range/Oven (Unit 1), Range/Oven (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3)
Laundry: Common Area

Features

Dining Room (Unit 1), Dining Room (Unit 2)
Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2)
Basement: Full

Interior area

Total structure area: 2,560
Total interior livable area: 2,560 sqft

Property

Parking

Total spaces: 3
Parking features: 1 space, Outside
Details: Outside

Features

Levels: Three Or More

Lot

Size: 4,356 Square Feet
Features: Near Public Transit

Details

Parcel number: 071006414074
Zoning: TR-V1

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Poured concrete foundatn

Condition

Year built: 1914

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Separate elec meters

Community & HOA

Community

Subdivision: Ellsworth's

Location

Region: Madison

Financial & listing details

Price per square foot: $234/sqft
Tax assessed value: $560,600
Annual tax amount: $10,367
Date on market: 6/15/2026
Inclusions: 3 stoves, 3 refrigerators, 3 water heaters
Exclusions: Personal property of tenants, rented coin operated washer/dryer and rented water softener
Total actual rent: 44880

Estimated market value

$587,500

$558,000 - $617,000

$1,895/mo

Price history

Date	Event	Price
8/3/2026	Price change	$600,000-6.3%$234/sqft
Source: SCWMLS #2025858 Report a problem
6/15/2026	Listed for sale	$640,000+45.5%$250/sqft
Source: SCWMLS #2025858 Report a problem
12/16/2020	Sold	$440,000$172/sqft
Source: Public Record Report a problem
1/16/2018	Listing removed	$1,375$1/sqft
Source: Birwood LLC Report a problem
1/12/2018	Listed for rent	$1,375$1/sqft
Source: Birwood LLC Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$10,067 +3.9%	$514,300 +7%
2023	$9,685	$480,700 +5%
2022	--	$457,800 +5%
2021	--	$436,000 +9%
2020	--	$399,900 +5%
2019	$8,093	$380,900 +5%
2018	$8,093 +6.3%	$362,800 +10%
2017	$7,615 +13.5%	$329,800 +7%
2016	$6,706 +10.1%	$308,200 +21%
2014	$6,093 +8.4%	$254,700 +3%
2013	$5,621 -4.9%	$247,300
2012	$5,909 +5.1%	$247,300
2011	$5,621 +3.6%	$247,300
2010	$5,426 +5.6%	$247,300 -2.4%
2009	$5,140 +5%	$253,400
2008	$4,895 -1.7%	$253,400
2007	$4,978 -0.3%	$253,400
2006	$4,992 +3.3%	$253,400 +9%
2005	$4,832 +2.8%	$232,500 +10%
2004	$4,703 +10.4%	$211,400
2003	$4,260 +3.8%	$211,400 +20.8%
2002	$4,105 +29.6%	$175,000 +35.8%
2001	$3,169 +0.1%	$128,900 +3%
2000	$3,165	$125,100