$600,000

6 Beds 3 Baths 2,560 Sqft

2069 Winnebago Street, Madison, WI 53704

Property Type: Multi-Family
Building Type: 3+ Story
Time on Market: 75 days
Price per Sqft: $234
Total Taxes: $10,367
Est. Age: 21+ Years

Description

Prime Near East Side 3-unit investment opportunity just steps from Schenk?s Corners. This well-maintained property offers character, strong rental history, and highly desirable layouts, with hardwood floors, formal dining rooms in the first and second-floor units, inviting porches, a private third-floor balcony, and three off-street parking spaces. Major improvements include electrical updates, a new roof, vinyl siding, refinished decks and porches, a newer furnace, and updated water heaters. Separate electric meters and front and rear stairways add convenience, while rented coin-operated laundry provides additional income beyond current rents. Located near dining, shopping, parks, and downtown Madison, this is a solid opportunity for investors looking to add a turnkey property to their portfolio or an owner-occupant looking to offset their mortgage with rental income.

Unit Breakdown

Unit Beds Full Baths Half Baths Sq Ft
Unit 1 2 1 0 930
Unit 2 2 1 0 930
Unit 3 2 1 0 700

Property Details

Interior

Basement:
  • Full, Poured Concrete
Baths:
  • Full Baths: 3
Heating/Cooling:
  • Forced Air
Heat Fuel:
  • Natural Gas
Sqft:
  • Total Sqft: 2,560

Exterior

Acreage:
  • Source: Assessor/Public Record
Exterior:
  • Vinyl
Parking:
  • Details: 1 Space, Outside
Subdivision:
  • Ellsworth's
Water:
  • Body of Water: 0
Water/Waste:
  • Municipal Water, Municipal Sewer

Misc.

New Construction:
  • N
Postal:
  • Code: 53704
Street:
  • Name: Winnebago Street
  • Suffix: STREET
Tax Year:
  • 2025
Utilities:
  • Details: Separate Electric Meters
Zoning:
  • TR-V1

Map

Listing Agent-Provided Directions:
  • E. Washington to Fourth to Winnebago

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Schools and Neighborhood

Elementary School:
  • Lapham/Marquette
Middle School:
  • Okeeffe
High School:
  • East
School District:
  • Madison
Postal City:
  • Madison
Municipality:
  • Name: MADISON
  • Type: City
County:
  • DANE

Market Comparison

How this property compares to local market averages — calculated 8/31/2026

This Property
Madison Multi Family Home Avg
Dane County Multi Family Home Avg
List Price
$600,000
$1,022,298
$896,575
Median Price
$725,000
$660,000
Price / Sq Ft
$234
$0
$267
Days on Market
75 days
66 days
70 days
Total Listings
51
89

Listing Information

  • Time on Market: 75 days
  • Place Perfect Last Updated: 2026-08-27 07:49:42
  • MLS Number: 2025858
  • Subsystem Locale: WIREX_SCW
  • Listing Office: Devout Real Estate Group, LLC
  • Listing Agent: Sarah Gabrielse
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This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

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