Great investment opportunity! This well-maintained 4-unit building features four spacious 2-bed, 1-bath apartments in a prime Madison location. Each unit offers comfortable living with ample natural light, functional layouts, and tenant-friendly amenities. Conveniently located near parks, shopping, and public transportation. Strong rental history and potential for increased cash flow. Don?t miss out on this fantastic income-generating property!
Closed
$610,000
2105 Lake Point Drive, Madison, WI 53713
8beds
3,112sqft
Multi Family, Apartment
Built in 1963
-- sqft lot
$616,300 Zestimate®
$196/sqft
$1,762 Estimated rent
Home value
$616,300
$585,000 - $653,000
$1,762/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 11, 2025 at 08:16pm
Listed by:
The Hub Team 608-556-4400,
The Hub Realty
Bought with:
Xinli Chen
Source: WIREX MLS,MLS#: 1993351
Originating MLS: South Central Wisconsin MLS
Originating MLS: South Central Wisconsin MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Radiant/Electric
Features
- Basement: Full,Concrete
- Has fireplace: No
Interior area
- Total structure area: 3,112
- Total interior livable area: 3,112 sqft
Property
Parking
- Parking features: Outside
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.25 Acres
Details
- Parcel number: 071019409153
- Zoning: RES
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Aluminum/Steel
Condition
- 21+ Years
- New construction: No
- Year built: 1963
Utilities & green energy
- Electric: Separate Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Electric Meters
Community & neighborhood
Location
- Region: Madison
- Municipality: Madison
Other
Other facts
- Listing terms: Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 3/21/2025 | Sold | $610,000+1.7%$196/sqft |
Source:  WIREX MLS #1993351 | ||
| 2/17/2025 | Pending sale | $600,000$193/sqft |
Source: WIREX MLS #1993351 | ||
| 2/13/2025 | Listed for sale | $600,000+23.7%$193/sqft |
Source: WIREX MLS #1993351 | ||
| 10/9/2024 | Sold | $485,000+115.6%$156/sqft |
Source: Public Record | ||
| 10/7/2016 | Sold | $225,000$72/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,319 +7.2% | $425,000 +10.4% |
| 2023 | $7,757 | $385,000 +9.7% |
| 2022 | -- | $351,000 +5.1% |
Find assessor info on the county website
Neighborhood: Waunona
Nearby schools
GreatSchools rating
- 2/10Glendale Elementary SchoolGrades: PK-5Distance: 2 mi
- 5/10Sennett Middle SchoolGrades: 6-8Distance: 1.7 mi
- 6/10Lafollette High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Middle: Sennett
- High: Lafollette
- 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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$616,300
2% more+ $12,326
With Zillow Showcase(estimated)
$628,626