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Listed with Bunbury & Assoc, REALTORS
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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.
Property Type(s):
Multi Family
| Last Updated | 5/7/2026 | Year Built | 1904 |
|---|---|---|---|
| Garage Spaces | 2.0 | County | Dane |
SCHOOLS
| School District | Madison |
|---|---|
| Elementary School | Lapham/Marquette |
| Jr. High School | OKeeffe |
| High School | East |
Additional Details
| APPLIANCES | Cooktop, Refrigerator |
|---|---|
| BASEMENT | Full, Unfinished, Yes |
| GARAGE | Yes |
| LOT | 5227 sq ft |
| MLS STATUS | Active |
| PARKING | Detached, Paved |
| SEWER | Public Sewer |
| TAXES | 7950 |
| WATER | Public |
Listed with Bunbury & Assoc, REALTORS
Information is supplied by seller and other third parties and has not been verified.
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.
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