EXCELLENT INVESTMENT OPPORTUNITY with owner-occupant investor possibility! This well-maintained 4-unit building offers strong rental potential & valuable updates throughout. Each unit is separately metered & features 2 bedrooms, 1 full bath, a fireplace, durable LVP flooring, private washer & dryer, private 1-car garage space + off-street parking, & additional oversized storage unit, making it easy to attract and retain tenants. Recent upgrades include a brand-new roof (2025), new refurbished refrigerator in unit #34, & two new water heaters in 2023 (#34 & #35). With all the essentials covered & consistent improvements made, this property is ready to deliver reliable cash flow & long-term value - making it a great option if you're a seasoned investor or just starting your portfolio!
Sold for $700,000
$700,000
2645 Smithfield Dr, Madison, WI 53719
8beds
3,328sqft
Apartment
Built in 1981
-- sqft lot
$721,300 Zestimate®
$210/sqft
$1,750 Estimated rent
Home value
$721,300
$678,000 - $772,000
$1,750/mo
Zestimate® history
Owner options
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$1,750/mo
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$1,750/mo
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$3,823/mo
Est. payment
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$3,823/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jordan Bishop,
Stark Company, REALTORS,
Hansen Home Team,
Stark Company, REALTORS
Bought with:
Lynette Porior-Arce, 56047-90
First Weber Inc
Source: SCWMLS,MLS#: 2002023
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2), Individual Heat Control (Unit 3), Individual Heat Control (Unit 4)
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), Dishwasher (Unit 3), Range/Oven (Unit 3), Refrigerator (Unit 3), Washer/Dryer (Unit 3), Dishwasher (Unit 4), Range/Oven (Unit 4), Refrigerator (Unit 4), Washer/Dryer (Unit 4), Water Softener Owned
- Laundry: In Unit (Unit 3)
Features
- Dining Room (Unit 1), Fireplace (Unit 1), Separate Storage (Unit 1), Dining Room (Unit 2), Fireplace (Unit 2), Separate Storage (Unit 2), Dining Room (Unit 3), Fireplace (Unit 3), Separate Storage (Unit 3), Dining Room (Unit 4), Fireplace (Unit 4), Separate Storage (Unit 4)
- Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2), Wood or Simulated Wood (Unit 4)
- Basement: Full
- Number of fireplaces: 4
Interior area
- Total structure area: 3,328
- Total interior livable area: 3,328 sqft
Property
Parking
- Total spaces: 8
- Parking features: 1 space, 1 stall garage, Detached, Garage Door Opener, Outside
- Garage spaces: 4
- 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: 0.28 Acres
- Features: Near Public Transit
Details
- Parcel number: 060906303682
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick, Vinyl Siding
- Foundation: Poured concrete foundatn
Condition
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate elec meters, Separate gas meters, Separate water meters
Community & neighborhood
Location
- Region: Madison
- Subdivision: Jamestown
HOA & financial
Other financial information
- Total actual rent: 43380
Other
Other facts
- Listing terms: Arms Length
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2025 | Sold | $700,000+12%$210/sqft |
Source: SCWMLS #2002023 Report a problem | ||
| 7/15/2025 | Contingent | $625,000$188/sqft |
Source:  WIREX MLS #2002023 Report a problem | ||
| 7/9/2025 | Listed for sale | $625,000+13.6%$188/sqft |
Source: WIREX MLS #2002023 Report a problem | ||
| 3/29/2023 | Sold | $550,000$165/sqft |
Source: SCWMLS #1952658 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 53719
Nearby schools
GreatSchools rating
- 9/10Country View Elementary SchoolGrades: K-5Distance: 3.6 mi
- 5/10Badger Ridge Middle SchoolGrades: 6-8Distance: 3.6 mi
- 9/10Verona Area High SchoolGrades: 9-12Distance: 4.8 mi
Schools provided by the listing agent
- Elementary: Country View
- Middle: Badger Ridge
- High: Verona
- District: Verona
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
$721,300
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
$721,300
- Wisconsin
- Dane County
- Fitchburg
- 53719
- 2645 Smithfield Dr
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