$629,900

5 Beds 3 Baths 2,350 Sqft

701 Pinecrest Drive, Madison, WI 53714

Property Type: Multi-Family
Building Type: Apartment Building,2 Story
Time on Market: 29 days
Price per Sqft: $268
Total Taxes: $8,692
Est. Age: 21+ Years

Description

FULLY Occupied! Turn-key cash-flow on Madison?s East Side! This all-brick 4-unit building offers immediate rental income and low-maintenance upkeep. All four units are already leased through mid-2027, providing rock-solid stability from day one. Every unit features durable, turnover-friendly hard-surface flooring throughout (no carpet to replace!). Conveniently located near parks, dining, and transit. A rare, high-performing addition to your portfolio! **Boiler Heat.

Unit Breakdown

Unit Beds Full Baths Half Baths Sq Ft
Unit 1 2 1 0 850
Unit 2 1 1 0 650
Unit 3 2 1 0 850

Property Details

Interior

Basement:
  • Full
Baths:
  • Full Baths: 3
Heating/Cooling:
  • Other
Heat Fuel:
  • Natural Gas
Interior Features:
  • Water Softener
Sqft:
  • Total Sqft: 2,350

Exterior

Acreage:
  • Source: Assessor/Public Record
Exterior:
  • Brick, Stone
Parking:
  • Details: Outside
Water:
Water/Waste:
  • Municipal Water, Municipal Sewer

Misc.

New Construction:
  • N
Postal:
  • Code: 53714
  • Zip+4: 1439
Street:
  • Name: Pinecrest Drive
  • Suffix: DRIVE
Tax Year:
  • 2025
Utilities:
  • Details: Separate Electric Meters
Zoning:
  • TR-V1

Map

Listing Agent-Provided Directions:
  • North on Fair Oaks, west on Burke. Located on corner of Burke & Pinecrest.

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Schools and Neighborhood

Elementary School:
  • Hawthorne
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 8/5/2026

This Property
Madison Multi Family Home Avg
Dane County Multi Family Home Avg
List Price
$629,900
$928,579
$838,019
Median Price
—
$729,900
$654,950
Price / Sq Ft
$268
$0
$267
Days on Market
29 days
58 days
65 days
Total Listings
—
49
84

Listing Information

  • Time on Market: 29 days
  • Place Perfect Last Updated: 2026-07-30 09:14:22
  • MLS Number: 2027442
  • Subsystem Locale: WIREX_SCW
  • Listing Office: Design Realty LLC
  • Listing Agent: Jessica Janssen

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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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