Prime investment opportunity in the heart of University Heights. Incredibly appealing location for tenants - walking distance to Camp Randall, Babcock Hall, Engineering and Vet School. The first-floor unit features 2 bedrooms, renting for $1,800/month, plus $100/month for 2 parking spots. The upper unit has 5 bedrooms, 4 of which are rented at $800/month (5th bedroom available to be leased), plus $50/month for 1 parking spot. Total income potential of $71,400 per year. Both units have laundry, covered porches, and parking. Leases and income info available to verified buyers. Recent updates include bathrooms, flooring and more!
Closed
$725,000
1915 University Avenue, Madison, WI 53726
7beds
3,400sqft
Multi Family
Built in 1899
-- sqft lot
$780,400 Zestimate®
$213/sqft
$2,743 Estimated rent
Home value
$780,400
$695,000 - $866,000
$2,743/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 02, 2025 at 08:17pm
Listed by:
Insiders Realty Group 608-576-1125,
Berkshire Hathaway HomeServices True Realty
Bought with:
Insiders Realty Group
Source: WIREX MLS,MLS#: 1983360
Originating MLS: South Central Wisconsin MLS
Originating MLS: South Central Wisconsin MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,400
- Total interior livable area: 3,400 sqft
Property
Parking
- Parking features: Outside
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,534 sqft
Details
- Parcel number: 070922208032
- Zoning: TR-UH
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Aluminum/Steel
Condition
- 21+ Years
- New construction: No
- Year built: 1899
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Madison
- Subdivision: University Heights
- Municipality: Madison
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2025 | Sold | $725,000$213/sqft |
Source:  WIREX MLS #1983360 | ||
| 11/10/2024 | Contingent | $725,000$213/sqft |
Source: WIREX MLS #1983360 | ||
| 10/30/2024 | Listed for sale | $725,000-4.2%$213/sqft |
Source: WIREX MLS #1983360 | ||
| 10/24/2024 | Contingent | $757,000$223/sqft |
Source: WIREX MLS #1983360 | ||
| 8/22/2024 | Listed for sale | $757,000+58.5%$223/sqft |
Source: WIREX MLS #1983360 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $14,303 +6.9% | $730,700 +10% |
| 2023 | $13,384 | $664,300 +11% |
| 2022 | -- | $598,500 +10.5% |
Find assessor info on the county website
Neighborhood: Regent
Nearby schools
GreatSchools rating
- 9/10Randall Elementary SchoolGrades: 3-5Distance: 0.3 mi
- 8/10Hamilton Middle SchoolGrades: 6-8Distance: 2.1 mi
- 9/10West High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Franklin/Randall
- Middle: Hamilton
- High: West
- District: Madison
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$780,400
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$796,008