Delayed until 1/22; Show 1/23; Well-maintained and updated 4-unit apartment building in a prime location! Each of the 4 units are spacious & have 2-beds and 2-baths with in-unit laundry and a private 1-car garage. Three of the four units have new kitchens, paint and flooring. Market rents for this floor plan in this area is $1550+/month for the updated units and $1450+/month without updates. The property has ample additional parking available behind the building. Conveniently located near parks, public transit, and easy access to downtown, making it a great choice for tenants or an owner-occupied investment. Whether you're looking to grow your portfolio or secure a home with rental income potential, this property offers an excellent opportunity!
Sold for $703,000
$703,000
6741 Jacobs Way, Madison, WI 53711
8beds
--sqft
Apartment
Built in 1987
-- sqft lot
$722,000 Zestimate®
$--/sqft
$1,126 Estimated rent
Home value
$722,000
$671,000 - $773,000
$1,126/mo
Zestimate® history
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$1,126/mo
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$4,629/mo
Est. payment
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$4,629/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Paul Haviland,
Stark Company, REALTORS
Bought with:
Cheng Real Estate Group
Real Broker LLC
Source: SCWMLS,MLS#: 1992176
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Electric, Radiant, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2), Individual Heat Control (Unit 3), Individual Heat Control (Unit 4)
Cooling
- Air Conditioning (Unit 1), Air Conditioning (Unit 2), Air Conditioning (Unit 3), Air Conditioning (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 1), In Unit (Unit 2), In Unit (Unit 3), In Unit (Unit 4)
Features
- Family/Rec Room (Unit 1), Fireplace (Unit 1), Primary bedroom bath, Family/Rec Room (Unit 2), Fireplace (Unit 2), Family/Rec Room (Unit 3), Fireplace (Unit 3), Vaulted Ceiling(s) (Unit 3), Family/Rec Room (Unit 4), Fireplace (Unit 4), Vaulted Ceiling(s) (Unit 4)
- Basement: None
- Number of fireplaces: 4
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 8
- Parking features: 1 space, 1 stall garage, Detached, Outside
- Garage spaces: 4
- Details: Outside
Features
- Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2), Balcony/Patio (Unit 3), Balcony/Patio (Unit 4)
Lot
- Size: 0.32 Acres
- Features: Near Public Transit
Details
- Parcel number: 070836308069
- Zoning: SR-V1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Aluminum Siding
Condition
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate elec meters
Community & HOA
Community
- Subdivision: Park Ridge Heights
Location
- Region: Madison
Financial & listing details
- Tax assessed value: $592,000
- Annual tax amount: $10,397
- Date on market: 1/22/2025
- Listing terms: Arms Length
- Inclusions: 4 range/ovens, 4 refrigerators, 4 dishwashers, 4 washers, 4 dryers
- Total actual rent: 67296
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2025 | Sold | $703,000+0.4% |
Source: SCWMLS #1992176 Report a problem | ||
| 2/21/2025 | Pending sale | $700,000 |
Source:  WIREX MLS #1992176 Report a problem | ||
| 1/30/2025 | Contingent | $700,000 |
Source: WIREX MLS #1992176 Report a problem | ||
| 1/22/2025 | Listed for sale | $700,000 |
Source: WIREX MLS #1992176 Report a problem | ||
| 5/10/2018 | Listing removed | $999 |
Source: Ripple Management Report a problem | ||
| 1/31/2018 | Listed for rent | $999 |
Source: Ripple Management Report a problem | ||
| 9/12/2017 | Listing removed | $999 |
Source: Ripple Management Report a problem | ||
| 8/2/2017 | Listed for rent | $999 |
Source: Ripple Management Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,588 -2.8% | $592,000 |
| 2023 | $11,928 | $592,000 +15% |
| 2022 | -- | $515,000 +22.6% |
| 2021 | -- | $420,000 +5% |
| 2020 | -- | $400,000 |
| 2019 | $8,142 | $400,000 +9.6% |
| 2018 | $8,142 +1.3% | $365,000 +4.9% |
| 2017 | $8,035 +0.1% | $347,800 +3.9% |
| 2016 | $8,029 -0.1% | $334,800 |
| 2014 | $8,033 +3% | $334,800 +3.1% |
| 2013 | $7,798 -4.9% | $324,800 -5% |
| 2012 | $8,196 +5.1% | $341,800 |
| 2011 | $7,798 +3.6% | $341,800 |
| 2010 | $7,528 -4% | $341,800 -11.2% |
| 2009 | $7,845 +5.2% | $384,900 |
| 2008 | $7,455 -1.4% | $384,900 |
| 2007 | $7,562 +3.7% | $384,900 +4% |
| 2006 | $7,292 -5.2% | $370,100 |
| 2005 | $7,692 +0.9% | $370,100 +8% |
| 2004 | $7,624 +5.6% | $342,700 |
| 2003 | $7,220 +6.7% | $342,700 +18.8% |
| 2002 | $6,766 -1.7% | $288,400 +3% |
| 2001 | $6,883 +1% | $280,000 +4% |
| 2000 | $6,812 | $269,200 |
Find assessor info on the county website
Neighborhood: Prairie Hills
Nearby homes
- $237,7002 bd2 ba1k sqft6741 Jacobs Way APT 4, Madison, WI 53711Off Market
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- $702,0008 bd8 ba-- sqft6749 Jacobs Way, Madison, WI 53711Sold
- $--2 bd2 ba1.1k sqft6749 Jacobs Way APT 1, Madison, WI 53711Off Market
- $--2 bd2 ba1.1k sqft6749 Jacobs Way APT 3, Madison, WI 53711Off Market
Nearby schools
GreatSchools rating
- 4/10Falk Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Toki Middle SchoolGrades: 6-8Distance: 1.2 mi
- 8/10Memorial High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Anana
- Middle: Ezekiel Gillespie
- High: Memorial
- 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
$722,000
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
$722,000
- Wisconsin
- Dane County
- Madison
- 53711
- Prairie Hills
- 6741 Jacobs Way
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