4990 Bultman Rd, Madison, WI, 53704
About This Home
Rare opportunity on Madison's east side! Situated on a spacious 1-acre lot, this versatile property offers nearly 3,000 sqft of finished living space and exceptional income-producing potential. The home features 5 bdrms, 2.5 baths, multiple living areas, a large kitchen with a gas range, and inviting outdoor spaces including a front deck & backyard patio. Investors & owner-occupants alike will appreciate the potential for up to 3 rental opportunities: the ML residence, a LL with private entrance, & future living quarters above the detached garage. A detached 2-car garage plus an add’l 1.5-car garage provide abundant storage or workshop space. Whether you're seeking a spacious home, an income-generating property, or a unique multi-use opportunity, this one delivers endless possibilities!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1963
Materials
- Foundation: Block
- Construction materials: Vinyl Siding,Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Raised Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Washer,Dryer,Water Softener Included
- Laundry features: Lower Level
Basement
- Has basement: Yes
- Basement: Full,Full Size Windows/Exposed,Walk-Out Access,Finished
Bedroom2
- Level: Main
- Area: 144
Bedroom3
- Level: Main
- Area: 132
Bedroom4
- Level: Lower
- Area: 120
Bedroom5
- Level: Lower
- Area: 182
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
Family Room
- Area: 276
Features
- At Least 1 tub,Foyer,Den/Office,Rec Room,Second Kitchen
- Finished area above ground: 1,736
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,882
- Total interior livable area: 2,882 sqft
Kitchen
- Features: Kitchen Island,Range/Oven,Refrigerator,Microwave
- Level: Main
- Area: 182
Living Room
- Level: Main
- Area: 280
Master Bedroom
- Level: Main
- Area: 156
Property
Details
- Parcel number: 081034186705
- Zoning: Res
- Exclusions: Seller's Personal Property.
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck,Patio
- Fencing: Fenced
Lot
- Lot size: 1 Acres
- Features: Rural-not in subdivision
Parking
- Total spaces: 3
- Parking features: 1 car,2 car,Detached,Additional Garage
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Wisconsin Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,456 | $29,472 |
| Home Insurance * | $158 | $1,896 |
| Property Taxes | $566 | $6,792 |
| Electricity | $270 | $3,249 |
| Total | $3,450 | $41,400 |
Income You'd Need if You Spent...
Wisconsin FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-06 | Price change | $475,000 |
| 2026-07-28 | Price change | $485,900 |
| 2026-06-24 | Listed for sale | $500,000 |
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