Sold for $535,000

$535,000

2954 Milwaukee St, Madison, WI 53704

6beds

3,089sqft

Apartment

Built in 1926

-- sqft lot

$658,400 Zestimate^®

$173/sqft

$1,994 Estimated rent

Home value

$658,400

$612,000 - $711,000

$1,994/mo

Zestimate^® history

Owner options

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$1,994/mo

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$1,994/mo

Rent Zestimate^®

Refinance and save

$3,507/mo

Est. payment

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$3,507/mo

Est. payment

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What's special

This 4-unit apartment building located on the near east side of Madison is a great investment opportunity. The building offers 4 spacious units (Two of the units are 2-bedrooms apartments and the other two are 1-bedroom apartments) with lots of windows for plenty of natural light. Ready for owner occupancy. Off street parking with an onsite coin operated laundry room. This is an amazing opportunity for any investor or (owner occupied) looking for a reliable and profitable income.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

Natural Gas, Radiant

Appliances

Included: Water Softener Owned
Laundry: Common Area

Features

Basement: None

Interior area

Total structure area: 3,089
Total interior livable area: 3,089 sqft

Property

Parking

Total spaces: 1
Parking features: Outside
Details: Outside

Features

Fencing: Fenced

Lot

Size: 4,356 sqft
Features: Near Public Transit

Details

Parcel number: 071005227303
Zoning: RES

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Vinyl Siding

Condition

Year built: 1926

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: 43620

Other

Other facts

Listing terms: Arms Length

Price history

Date	Event	Price
10/10/2023	Sold	$535,000-10.1%$173/sqft
Source: Public Record Report a problem
7/22/2023	Pending sale	$595,000$193/sqft
Source: WIREX MLS #1958030 Report a problem
7/10/2023	Price change	$595,000-3.3%$193/sqft
Source: WIREX MLS #1958030 Report a problem
6/16/2023	Listed for sale	$615,000$199/sqft
Source: WIREX MLS #1958030 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$10,472 +1.9%	$535,000 +4.9%
2023	$10,276	$510,000 +10.6%
2022	--	$461,000 +10%
2021	--	$419,000 +5%
2020	--	$399,000 +5%
2019	$7,913	$380,000 +4.6%
2018	$7,913 +5.7%	$363,200 +10%
2017	$7,486 +11.7%	$330,200 +5.1%
2016	$6,701 +10.4%	$314,200 +21.2%
2014	$6,070 +2.7%	$259,200 +3.2%
2013	$5,910 -4.9%	$251,200 -4.9%
2012	$6,212 +5.1%	$264,200
2011	$5,910 +3.6%	$264,200
2010	$5,706 -2.9%	$264,200 -9.9%
2009	$5,876 +3.6%	$293,200
2008	$5,670 -1.6%	$293,200
2007	$5,760 -0.3%	$293,200
2006	$5,777 +3.3%	$293,200 +9%
2005	$5,591 +14.3%	$269,000 +22.4%
2004	$4,890 +10.4%	$219,800
2003	$4,430 +3.7%	$219,800 +20.8%
2002	$4,270 -5.1%	$182,000 -0.5%
2001	$4,499 -17.2%	$183,000 -10.4%
2000	$5,435	$204,200