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Two-Unit Duplex with Fenced Yard
For Sale
$399,900

2114-2116 Lake Point Drive, Madison, WI 53713

Multi Family, Madison, WI

Property SizeContact for details
Lot Size0.32 Acres
Days on Market8

Property Features for 2114-2116 Lake Point Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning TR-V1
Bedrooms 4
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 2, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1
Parking features Garage
Appliances 2
Elementary school Call School District
Middle school Sennett
High school Lafollette
Elementary school district Madison
Middle school district Madison
High school district Madison
Directions W. Broadway to Hoboken Rd to Lake Point
Subdivision MADISON - C E15
Standard status Active
APN 0710-194-0509-4
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6242

Utilities

Heating system Radiant

Amenities

fenced backyard

Building Details

Year built 1961
Number of units 2
Listing Agency: Stark Company, REALTORS
Listed By: Mike Schmidtke
Added: Aug 17 Changed: Aug 20 Last Checked: Aug 24 at 2:06PM
MLS# 2029563

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1961 duplex includes two separate units, each with two bedrooms, one and one-half bathrooms, generous living areas, and storage space. Both residences connect to an extra-large fenced backyard suited to outdoor use and everyday recreation. The property also features newer vinyl siding, while unit 2116 has been recently refreshed. Radiant heating and garage parking add to the existing improvements.

Located one block from Lake Monona, the property offers quick Beltline access along with proximity to bike paths, parks, restaurants, shopping, and other neighborhood amenities. The 0.32-acre site is zoned TR-V1 and is addressed at 2114-2116 Lake Point Drive in Madison, Wisconsin.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1.5 bathrooms in each unit
  • 0.32‑acre site zoned TR‑V1
  • Extra‑large fenced backyard

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Dental Office HVAC Service (Bike/Boat/Book/etc) Store Nail Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby

Demographics for 53713, WI

23,291
Population
11,635
Households
2
Avg Household Size
32
Median Age
39%
College-Educated
86%
High-School Grad
9.8 sq mi
ZIP Area
2,377
Density / Sq Mi
$57,833
Median Household Income
$36,998
Median Earnings
$1,173
Median Rent
$259,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Radiant heat, garage parking, and convenient access to Lake Monona, the Beltline, parks, and neighborhood amenities.
Where is this duplex located?
The property is located at 2114-2116 Lake Point Drive Madison, WI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1.5 bathrooms in each unit; 0.32‑acre site zoned TR‑V1; Extra‑large fenced backyard
More about this property
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