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1913 E Washington Avenue, Madison, WI, 53704

4beds
2baths
1,706sqft
$415,000
$243price/sqft
$3,065/moest. monthly cost
$122,600/yrincome needed

About This Home

Looking to break into the investment market or expand your portfolio in Madison? Location matters and this East Washington Ave 2-flat delivers. Offered at $415K, below assessed value, this property presents a compelling opportunity in a high-demand location with strong upside potential. Ideal for investors, first-time multifamily buyers, or those looking for future flexibility, this property features month-to-month leases, creating opportunity for future improvements and increased income potential. Each unit offers 2 bedrooms, 1 bath, private entrances, and separate utilities including individual meters, furnaces, and water heaters (2017). Washer and dryer hookups are located in the basement, and the owner currently pays water and sewer. Tenants enjoy the added convenience of a large 2-car garage plus ample off-street parking, a valuable feature in this area. Solid fundamentals, strong location, and room to build equity make this one worth a look.

Getting Around

87
WalkingVery Walkable
52
TransitGood Transit
100
BikeBiker's Paradise

Schools

9/10
8/10
O'keeffe Middle SchoolGrades 6-80.4 mi
8/10
East High SchoolGrades 9-120.4 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1904

Materials

  • Construction materials: Aluminum/Steel

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Heating

  • Heating features: Natural Gas,Forced Air

Interior Area

  • Total structure area: 1,706
  • Total interior livable area: 1,706 sqft

Property

Details

  • Parcel number: 071006312179
  • Zoning: TR-V1
  • Exclusions: Tenants Personal Belongings.

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 5,227 sqft

Parking

  • Total spaces: 2
  • Parking features: 2 Car,Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2