Listing Provided Courtesy Of:
American, REALTORS
1027 Drake St Madison, WI
$ 475,500
Property Attributes
  • MLS#1924539
  • TypeMulti-Family
  • CountyDANE
  • CityMadison
  • AreaMADISON - C W14
  • Zip53715
  • Style
  • Year Built1897
  • Taxes$ 7982
  • Price$ 475,500
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2200
  • Lot Size5,968 SqFt
Listing Provided Courtesy Of:
American, REALTORS
Data Source:
South Central Wisconsin MLS (SCWMLS)
Property Description

Excellent Investment property to add to your portfolio. This well-built home is just a couple of blocks from the lake and offers an ideal location, close to bus route, downtown and everything Madison has to offer. Sweet view of Lake Monona from the front yard! 1st floor unit offers 2 bedroom, 1 bath. 2nd floor has 1 bedroom, 1 bath. Backyard offers convenient alley access. Can park 4-6 cars in back. All of the major components have been updated on the exterior in about 2010, from the roof to the siding, windows, insulation and new rubber membrane roofing. Lovely, newer front porch, first floor screened deck and 2nd level deck. Once in a lifetime investment opportunity! Additional $350/month potential rental income from 5 parking spaces and $65/month from basement rental.

Elementary School Middle School High School
Franklin/Randall Elementary School Hamilton Middle School West High School
Price History
12/2/2021 Listed $475,500

General Features

Basement Full
Class Multi Family
County Dane
County Qtr Section West Metro Madison
Directions Park St. to Drake St.
Heating Natural Gas
Open House Date No
School District Madison
Street Name Drake St
Tax Year 2020
Utilities Separate elec meters, Separate gas meters
Year Built 1897
Zoning TR-C3

Interior Features

Heating Type Forced air
Total Number of Units 2

Exterior Features

Latitude 43.061739
Longitude -89.403541
Photo Count 36
Exterior Vinyl


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 53715

AVG $680K
AVG $13,107
AVG 44
Year Built
AVG 1909

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