Excellent 5-unit on Madison's east side with immediate access to bus lines, healthcare, and a vibrant, walkable neighborhood full of coffee shops, bars, and restaurants. Market rents total $68,880, plus laundry and parking income push gross potential over $71,000. Priced under a 9.8 GRM (Gross Rent Multiple) in a market where 10?12 is the norm, this property offers strong cash flow and value. The site is the largest residential lot on the block, just one parcel off E Washington Ave - an ideal set up for future redevelopment potential.
Closed
$715,000
29 North Street, Madison, WI 53704
--beds
--baths
--sqft
Multi Family
Built in 1925
-- sqft lot
$738,300 Zestimate®
$--/sqft
$2,026 Estimated rent
Home value
$738,300
$694,000 - $790,000
$2,026/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 10, 2025 at 09:05am
Listed by:
Paul Haviland Pref:608-843-4442,
Stark Company, REALTORS
Bought with:
Greta Drammeh
Source: WIREX MLS,MLS#: 1997684
Originating MLS: South Central Wisconsin MLS
Originating MLS: South Central Wisconsin MLSFacts & features
Interior
Heating
- Natural Gas, Radiant/Electric
Features
- Basement: Full
- Has fireplace: No
Property
Parking
- Total spaces: 2
- Parking features: 2 Car, Detached, 1 Space, Outside
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 9,452 sqft
Details
- Parcel number: 071006121124
- Zoning: TR-C4
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
Condition
- 21+ Years
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: Separate Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Electric Meters
Community & neighborhood
Location
- Region: Madison
- Subdivision: Curtis Replat
- Municipality: Madison
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2025 | Sold | $715,000+2.9% |
Source:  WIREX MLS #1997684 Report a problem | ||
| 4/23/2025 | Pending sale | $695,000 |
Source: WIREX MLS #1997684 Report a problem | ||
| 4/17/2025 | Listed for sale | $695,000+180.2% |
Source: WIREX MLS #1997684 Report a problem | ||
| 3/8/2016 | Sold | $248,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,809 +4.1% | $450,000 +7.1% |
| 2023 | $8,462 | $420,000 +16% |
| 2022 | -- | $362,000 +10% |
Find assessor info on the county website
Neighborhood: Eken Park
Nearby schools
GreatSchools rating
- 6/10Emerson Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 2/10Sherman Middle SchoolGrades: 6-8Distance: 1.3 mi
- 8/10East High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Emerson
- Middle: Sherman
- High: East
- 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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$738,300
2% more+$14,766
With Zillow Showcase(estimated)$753,066