Great investment opportunity! This well-maintained 4-unit building features four spacious 2-bed, 1-bath apartments in a prime Madison location. Each unit offers comfortable living with ample natural light, functional layouts, and tenant-friendly amenities. Conveniently located near parks, shopping, and public transportation. Strong rental history and potential for increased cash flow. Don’t miss out on this fantastic income-generating property!
Sold for $610,000
$610,000
2105 Lake Point Dr, Madison, WI 53713
8beds
3,112sqft
Apartment
Built in 1963
-- sqft lot
$635,000 Zestimate®
$196/sqft
$1,530 Estimated rent
Home value
$635,000
$597,000 - $679,000
$1,530/mo
Zestimate® history
Owner options
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$1,530/mo
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$1,530/mo
Rent Zestimate®
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$3,975/mo
Est. payment
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$3,975/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
The Hub Team,
The Hub Realty
Bought with:
Xinli Chen, 59747-90
Restaino & Associates
Source: SCWMLS,MLS#: 1993351
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Radiant, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2), Individual Heat Control (Unit 3), Individual Heat Control (Unit 4)
Appliances
- Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Dishwasher (Unit 2), Range/Oven (Unit 2), Refrigerator (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Dishwasher (Unit 4), Range/Oven (Unit 4), Refrigerator (Unit 4)
Features
- Internet -Fiber Available, Eat In Kitchen (Unit 1), Family/Rec Room (Unit 1), Eat In Kitchen (Unit 2), Family/Rec Room (Unit 2), Eat In Kitchen (Unit 3), Family/Rec Room (Unit 3), Eat In Kitchen (Unit 4), Family/Rec Room (Unit 4)
- Basement: Full
Interior area
- Total structure area: 3,112
- Total interior livable area: 3,112 sqft
Property
Parking
- Total spaces: 4
- Parking features: Outside
- Details: Outside
Features
- Levels: Two
- Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2), Balcony/Patio (Unit 3), Balcony/Patio (Unit 4)
Lot
- Size: 0.25 Acres
- Features: Near Public Transit
Details
- Parcel number: 071019409153
- Zoning: RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Aluminum Siding
- Foundation: Poured concrete foundatn
Condition
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate elec meters
Community & neighborhood
Location
- Region: Madison
HOA & financial
Other financial information
- Total actual rent: 54120
Other
Other facts
- Listing terms: Exchange,Arms Length
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2025 | Sold | $610,000+1.7%$196/sqft |
Source: Public Record Report a problem | ||
| 2/17/2025 | Pending sale | $600,000$193/sqft |
Source:  WIREX MLS #1993351 Report a problem | ||
| 2/13/2025 | Listed for sale | $600,000+23.7%$193/sqft |
Source: WIREX MLS #1993351 Report a problem | ||
| 10/9/2024 | Sold | $485,000+115.6%$156/sqft |
Source: Public Record Report a problem | ||
| 10/7/2016 | Sold | $225,000$72/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,319 +7.2% | $425,000 +10.4% |
| 2023 | $7,757 | $385,000 +9.7% |
| 2022 | -- | $351,000 +5.1% |
| 2021 | -- | $334,000 +15.2% |
| 2020 | -- | $290,000 +22.9% |
| 2019 | $4,989 | $236,000 +4.9% |
| 2018 | $4,989 -3.5% | $225,000 |
| 2017 | $5,170 +7.1% | $225,000 +11.1% |
| 2016 | $4,827 -0.1% | $202,600 |
| 2014 | $4,831 -8.1% | $202,600 |
| 2013 | $5,255 +8.9% | $202,600 |
| 2012 | $4,827 -8.1% | $202,600 -12.4% |
| 2011 | $5,255 +3.6% | $231,400 |
| 2010 | $5,072 -2.9% | $231,400 -10.1% |
| 2009 | $5,223 +5% | $257,400 |
| 2008 | $4,973 -1.7% | $257,400 |
| 2007 | $5,057 -0.3% | $257,400 |
| 2006 | $5,071 +4.3% | $257,400 +10% |
| 2005 | $4,864 -7.4% | $234,000 -0.8% |
| 2004 | $5,250 -8.7% | $236,000 |
| 2003 | $5,749 +46.7% | $236,000 +41.3% |
| 2002 | $3,918 -4.6% | $167,000 |
| 2001 | $4,105 +16.1% | $167,000 +20% |
| 2000 | $3,537 | $139,200 |
Find assessor info on the county website
Neighborhood: Waunona
Nearby schools
GreatSchools rating
- 2/10Glendale Elementary SchoolGrades: PK-5Distance: 2 mi
- 5/10Sennett Middle SchoolGrades: 6-8Distance: 1.7 mi
- 6/10Lafollette High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Middle: Sennett
- High: Lafollette
- 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
$635,000
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
$635,000
- Wisconsin
- Dane County
- Madison
- 53713
- Waunona
- 2105 Lake Point Dr
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Nearby neighborhoods
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