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4706 Jenewein Rd, Madison, WI, 53711

12beds
8baths
4,480sqft
$850,000
$190price/sqft
$6,068/moest. monthly cost
$242,720/yrincome needed

About This Home

Excellent opportunity to own a well-maintained 4-unit property in one of the strongest multifamily markets in the country. This property offers a rare and preferred 3 Bedroom, 1.5 Bath Units with a proven rental history, stable occupancy, and room to increase rents providing both immediate cash flow and future upside. Tenants love having a private 1 car garage and the convenient location. One unit is currently vacant, an ideal opportunity for an owner-occupant or an investor seeking additional rental income. The vacant unit has been updated and is in excellent condition. Major improvements have already been completed, including newer roof and gutters, newer driveway, and recent retaining wall work. Tenants pay all their own utilities, helping keep operating expenses low. A true turnkey, low-maintenance investment with no major capital expenditures anticipated, ready for its next owner.

Getting Around

48
WalkingCar-Dependent
38
TransitSome Transit
70
BikeVery Bikeable

Schools

8/10
5/10
Toki Middle SchoolGrades 6-80.9 mi
8/10
Memorial High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 1967

Materials

  • Foundation: Poured concrete foundatn
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven (Unit 1),Refrigerator (Unit 1),Washer/Dryer (Unit 1),Range/Oven (Unit 2),Refrigerator (Unit 2),Washer/Dryer (Unit 2),Range/Oven (Unit 3),Refrigerator (Unit 3),Washer/Dryer (Unit 3),Range/Oven (Unit 4),Refrigerator (Unit 4),Washer/Dryer (Unit 4)
  • Laundry features: In Unit (Unit 1),In Unit (Unit 4)

Basement

  • Has basement: Yes
  • Basement: Full,Lower basement laundry

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 8
  • Full bathrooms: 4
  • 1/2 bathrooms: 4

Features

  • Internet -Fiber Available,Eat In Kitchen (Unit 1),Family/Rec Room (Unit 1),Private basement,Eat In Kitchen (Unit 2),Family/Rec Room (Unit 2),Eat In Kitchen (Unit 3),Family/Rec Room (Unit 3),Eat In Kitchen (Unit 4),Family/Rec Room (Unit 4)
  • Flooring: Wood or Simulated Wood (Unit 1)

Heating & Cooling

  • Heating features: Natural Gas,Radiant,Individual Heat Control (Unit 1),Individual Heat Control (Unit 2),Individual Heat Control (Unit 3),Individual Heat Control (Unit 4)
  • Cooling features: Air Conditioning (Unit 1),Air Conditioning (Unit 2),Air Conditioning (Unit 3),Air Conditioning (Unit 4)

Interior Area

  • Total structure area: 4,480
  • Total interior livable area: 4,480 sqft

Property

Details

  • Parcel number: 060905205072
  • Zoning: SR-V1
  • Exclusions: seller and tenant personal property

Features

  • Levels: Two
  • Patio & porch: Balcony/Patio (Unit 1),Balcony/Patio (Unit 2),Balcony/Patio (Unit 3),Balcony/Patio (Unit 4)

Lot

  • Lot size: 9,583 sqft
  • Features: Near Public Transit

Parking

  • Total spaces: 12
  • Parking features: 1 space,1 stall garage,Attached,Asphalt,Driveway,Inside parking,Off Street,Garage Door Opener,Outside,Paved
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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
    Cold WaveRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Wisconsin Counties

Flood
Severe Storm

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

MonthlyAnnual
Mortgage $4,298$51,576
Home Insurance *$238$2,856
Property Taxes $1,112$13,344
Electricity $420$5,051
Total$6,068$72,816
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$208,045/yr
40% on housing$182,040/yr
45% on housing$161,813/yr

Wisconsin FAIR Plan Programs

Wisconsin Insurance Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 5,246Commercial: 198
Total Premiums$4.55M
Total Exposure$860.28M

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.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$190This listing

vs Other Active Listings

Avg $/sqft

ZIP 53711$252
Dane County$251

vs Homes Sold Last Month

Median $/sqft

ZIP 53711$264
Dane County$246

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)

No zestimate history available

Price History

DateEventPrice
2026-06-03Listed for sale$850,000

For Sale by Agent

AgentJonathan Poletti
BrokerageHaven Real Estate Partners

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