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Sold for $459,200
  • $459,200

    836 E Gorham St, Madison, WI 53703

    5beds
    2,304sqft
    Apartment
    Built in 1899
    -- sqft lot
    $503,500 Zestimate®
    $199/sqft
    $2,263 Estimated rent

    Home value

    $503,500

    Estimated sales range

    Not available

    $2,263/mo

    Zestimate® history
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    What's special

    2-unit apartment building leased thru August 14, 2025!! Investment opportunity on the near east side of Madison. Always rented due to location. Main level apartment has a private entrance, in-unit laundry, and off-street parking! The other apartment is a large 4-bedroom that spans both the 2nd and 3rd floors. Very popular floorplan. 2 of the 3 floors have hardwood flooring. Entire roof was replaced 1 year ago! Building was sprinklered to comply with city of Madison code to authorize 3rd floor use. Total gross annual income is $43,200. Priced at a 11 GIM and BELOW the assessed value! Check public documents for a whole bunch of additional information like income and expenses, building floorplan, and a full updates and features list with dates of replacements for capital improvements.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Pantzlaff,

    Homestead Realty

    Bought with:

    Stacy Ozanne, 59333-90

    First Weber, Inc

    Melanie Chestnut

    First Weber, Inc

    Source: SCWMLS,MLS#: 1982216

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Radiant
    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), Water Softener Owned
    • Laundry: In Unit (Unit 1)
    Features
    • Family/Rec Room (Unit 1), Family/Rec Room (Unit 2)
    • Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2)
    • Basement: Full
    Interior area
    • Total structure area: 2,304
    • Total interior livable area: 2,304 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: 2 spaces, Outside
    • Details: Outside
    Features
    • Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2)
    Lot
    • Size: 2,962 sqft
    • Features: Near Public Transit
    Details
    • Parcel number: 070913207134
    • Zoning: TR-V2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Brick, Stone
    • Foundation: Other
    Condition
    • Year built: 1899

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Separate elec meters, Internet - Cable

    Community & neighborhood

    Location
    • Region: Madison
    • Subdivision: Prospect Place

    HOA & financial

    Other financial information
    • Total actual rent: 43200

    Other

    Other facts
    • Listing terms: Arms Length

    Price history

    DateEventPrice
    11/27/2024Sold$459,200-3.3%$199/sqft
    Source: Public Record Report a problem
    10/31/2024Pending sale$474,900$206/sqft
    Source: WIREX MLS #1982216 Report a problem
    9/5/2024Price change$474,900-5%$206/sqft
    Source: WIREX MLS #1982216 Report a problem
    7/25/2024Listed for sale$499,900+104%$217/sqft
    Source: WIREX MLS #1982216 Report a problem
    4/8/2015Sold$245,000-3.9%$106/sqft
    Source: Public Record Report a problem
    2/11/2015Price change$255,000-3.7%$111/sqft
    Source: Encore Real Estate Services, Inc. #1723877 Report a problem
    10/30/2014Price change$264,900-5.4%$115/sqft
    Source: Encore Real Estate Services, Inc. #1723877 Report a problem
    8/5/2014Price change$280,000-5.1%$122/sqft
    Source: Encore Real Estate Services, Inc. #1723877 Report a problem
    6/18/2014Listed for sale$294,900+73.5%$128/sqft
    Source: Bunbury & Assoc REALTORS #1719257 Report a problem
    5/30/2012Sold$170,000-25.8%$74/sqft
    Source: Public Record Report a problem
    1/2/2011Listing removed$229,000-4.5%$99/sqft
    Source: Stark Company Realtors #1598532 Report a problem
    6/27/2010Listed for sale$239,900-3.7%$104/sqft
    Source: Stark Company Realtors #1598532 Report a problem
    5/20/2010Listing removed$249,000$108/sqft
    Source: Fair Fee Madison #1574955 Report a problem
    10/31/2009Listed for sale$249,000+25.1%$108/sqft
    Source: Fair Fee Madison #1574955 Report a problem
    3/21/2005Sold$199,000$86/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,549 +4%$487,800 +7%
    2023$9,186 $455,900 +8%
    2022-- $422,100 +10%
    2021-- $383,700 +8%
    2020-- $355,300 +8%
    2019$5,913 $329,000 +23.7%
    2018$5,913 -3.5%$266,000
    2017$6,127 +24.4%$266,000 +8.6%
    2016$4,924 -0.1%$245,000 +18.6%
    2014$4,928 +4.8%$206,600 +4%
    2013$4,700 -0.7%$198,700 -0.1%
    2012$4,735 +5.1%$198,800
    2011$4,504 +3.6%$198,800
    2010$4,347 +3.8%$198,800 -4%
    2009$4,188 +0.6%$207,100 -4%
    2008$4,161 -1.8%$215,700
    2007$4,238 -0.3%$215,700
    2006$4,250 -3.3%$215,700 +2%
    2005$4,396 +2.8%$211,500 +10%
    2004$4,278 +7.5%$192,300
    2003$3,980 +8.7%$192,300 +23.2%
    2002$3,662 +3.1%$156,100 +8%
    2001$3,552 +8.8%$144,500 +12%
    2000$3,264 $129,000

    Find assessor info on the county website

    Neighborhood: Tenney-Lapham

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lapham/Marquette
    • Middle: OKeeffe
    • High: East
    • 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
    $503,500
    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
    $503,500