Downtown Madison 2-unit investment opportunity! Main level: 1BR/1Bth, spacious kitchen & large living room. 2nd floor: 2BR/1Bth, newly remodeled bathroom, generous living room, eat-in kitchen. Shared laundry in basement, 3 parking spots in rear - not common in this area! Directly on bus route w/ shelter, perfect for public transit users. Rents include all utilities, significantly below market - serious upside to increase rents or bill back utilities. Exterior needs some TLC, but prime location & parking have always ensured quick rentals. Huge unfinished walk-up attic offers expansion potential. Ideal for investors to grow portfolio, start in downtown Madison, or owner-occupy one unit & rent the other.
Sold for $420,000
$420,000
902-904 E Gorham St, Madison, WI 53703
3beds
2,000sqft
Apartment
Built in 1914
-- sqft lot
$433,600 Zestimate®
$210/sqft
$2,365 Estimated rent
Home value
$433,600
$408,000 - $464,000
$2,365/mo
Zestimate® history
Owner options
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$2,365/mo
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$2,365/mo
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$2,294/mo
Est. payment
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$2,294/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Joshua Pelletter,
Rockwood Realty Group
Bought with:
Jennifer A Geils, 94521-94
Stark Company, REALTORS
Source: SCWMLS,MLS#: 1999651
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Radiant, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2)
Appliances
- Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Water Softener Owned
- Laundry: Common Area
Features
- Shared basement, Eat In Kitchen (Unit 2)
- Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2)
- Basement: Full
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Parking
- Total spaces: 3
- Parking features: 2 spaces, Outside
- Details: Outside
Features
- Levels: Two
Lot
- Size: 3,484 sqft
- Features: Near Public Transit
Details
- Parcel number: 070913203108
- Zoning: TR-C4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Wood Siding
Condition
- Year built: 1914
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Internet - Cable
Community & neighborhood
Location
- Region: Madison
HOA & financial
Other financial information
- Total actual rent: 30900
Other
Other facts
- Listing terms: Arms Length
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2025 | Sold | $420,000-4.5%$210/sqft |
Source: SCWMLS #1999651 Report a problem | ||
| 5/15/2025 | Contingent | $439,900$220/sqft |
Source:  WIREX MLS #1999651 Report a problem | ||
| 5/13/2025 | Listed for sale | $439,900+72.5%$220/sqft |
Source: WIREX MLS #1999651 Report a problem | ||
| 12/15/2017 | Sold | $255,000$128/sqft |
Source: SCWMLS #1817338 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Tenney-Lapham
Nearby schools
GreatSchools rating
- NALapham Elementary SchoolGrades: PK-2Distance: 0.3 mi
- 8/10O'keeffe Middle SchoolGrades: 6-8Distance: 1 mi
- 8/10East High SchoolGrades: 9-12Distance: 1.4 mi
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
$433,600
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
$433,600
- Wisconsin
- Dane County
- Madison
- 53703
- Tenney-Lapham
- 902-904 E Gorham St
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