$640,000

6 Beds 3 Baths 2,560 Sqft

2069 Winnebago Street, Madison, WI 53704

Property Type: Multi-Family
Building Type: 3+ Story
Time on Market: 19 days
Price per Sqft: $250
Total Taxes: $10,367
Est. Age: 21+ Years

Description

Prime Near East Side 3-unit investment opportunity just steps from Schenk's Corners. Full of character, this well-maintained property features 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. Recent improvements include major electrical updates, vinyl siding, ceiling repairs, deck and porch refinishing, a newer furnace, and updated water heaters. Rented coin-operated laundry provides additional income potential beyond current rents. With strong rental history, desirable unit layouts, and a location tenants love, this is an excellent opportunity to add a turnkey Madison investment property to your portfolio. Separate electric meters, front and rear stairways, and easy access to dining, shopping, parks, and downtown Madison complete the package. Ideal for both investors and owner-occupants 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 7/5/2026

This Property
Madison Multi Family Home Avg
Dane County Multi Family Home Avg
List Price
$640,000
$1,008,818
$877,613
Median Price
$815,000
$700,000
Price / Sq Ft
$250
$0
$267
Days on Market
19 days
50 days
52 days
Total Listings
43
76

Listing Information

  • Time on Market: 19 days
  • Place Perfect Last Updated: 2026-06-15 10:47:37
  • 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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