Don't miss this investment opportunity in the desirable Marquette neighborhood to build your Madison portfolio. This 3-flat home (ea unit 2 bed, 1 bath) is full of old world charm & has been well-maintained by the sellers & tenants. You'll immediately notice the stunning curb appeal & handsome brickwork! Inside, the original hardwood flooring, arched doorways, & crown molding create a warm & classy aesthetic. Bonus: a 4-car garage & new balconies on ea floor help renters enjoy outdoor space, too. Plus, 3 new furnaces! What's more, you're just one block from Lake Monona, two blocks from Orton Park- home to many summer festivals and family fun, and two blocks from Willy Street shopping & dining. Rents increase on 8/15/25- $1860 (#2); $1780 (#3), #1 possible owner occupy.
For sale
$975,000
1342 Rutledge Street, Madison, WI 53703
6beds
3,656sqft
Est.:
Multi Family
Built in 1932
-- sqft lot
$982,200 Zestimate®
$267/sqft
$-- HOA
What's special
Old world charmHandsome brickworkArched doorwaysCrown moldingStunning curb appealOriginal hardwood flooringNew balconies
- 10 days
- on Zillow |
- 1,840 |
- 62 |
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 08:08pm
Listed by:
Shelley Lazzareschi shelley@madcitydreamhomes.com,
Realty Executives Cooper Spransy,
Dan Miller 608-852-7071,
Realty Executives Cooper Spransy
Source: WIREX MLS,MLS#: 1997126
Originating MLS: South Central Wisconsin MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Appliances
- Included: Water Softener
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,656
- Total interior livable area: 3,656 sqft
Property
Parking
- Parking features: Detached
- Has garage: Yes
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 5,662.8 Square Feet
Details
- Parcel number: 071007303292
- Zoning: TR-V1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Stone
Condition
- 21+ Years
- New construction: No
- Year built: 1932
Utilities & green energy
- Electric: Separate Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Electric Meters, Separate Gas Meters
Community & HOA
Community
- Subdivision: Marquette
Location
- Region: Madison
- Municipality: Madison
Financial & listing details
- Price per square foot: $267/sqft
- Tax assessed value: $664,700
- Annual tax amount: $14,610
- Date on market: 4/15/2025
- Inclusions: (3) Refrigerators, (3) Ranges/Ovens, (1) Dishwasher, (3) Washers/Dryers
- Exclusions: Seller's & Tenant's Personal Property
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