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Two-Unit Duplex with Bay Windows
New
For Sale
$644,900

1010 E Gorham St, Madison, WI 53703

Two residences include a remodeled upper unit and preserved turn-of-the-century architectural features.

Property Size1,298 SF
Price / SF$496.84
Days on Market2

Property Features for 1010 E Gorham St

General Information

Standard status Active
Size 1,298 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1900
Buildings 1
Listing Agency: Realty Executives Cooper Spransy
Listed By: Lane Manning
Source: Soldinmadison
Added: Aug 3 Changed: Aug 4 Last Checked: Aug 4 at 3:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives Cooper Spransy

Investment Insights

Based on property information with market context.

Built in 1900, this two-unit duplex combines period character with a recently remodeled upper residence. The main-level apartment offers two bedrooms and one bathroom. The upper residence spans the second and third floors and includes two bedrooms, one bathroom, plus a third nonconforming bedroom or flexible space. Original interior elements include wood detailing, hardwood floors, bay windows, and pocket doors. The property is suited to continued rental use or owner occupancy.

Located at 1010 E Gorham St in Madison’s Tenney-Lapham neighborhood, the property sits one block from Giddings Park and within walking distance of James Madison Park, Tenney Park, and Johnson Street shopping and dining. Tenney Park includes a boat launch, while Capitol Square is approximately two miles away. A new roof and partial siding replacement are planned for completion before closing.

Key Highlights

  • Two‑unit duplex built in 1900
  • Main‑floor unit with 2 beds and 1 bath
  • Upper residence spans the 2nd and 3rd floors

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Daycare Center HVAC Service (Bike/Boat/Book/etc) Store Locksmith Home Appliance Store Storage Facility

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

Location Intelligence

Trade Area within ½ mile

1,200
Businesses Nearby

Demographics for 53703, WI

38,512
Population
21,025
Households
1.8
Avg Household Size
27
Median Age
69%
College-Educated
98%
High-School Grad
1.8 sq mi
ZIP Area
21,396
Density / Sq Mi
$46,618
Median Household Income
$27,923
Median Earnings
$1,445
Median Rent
$472,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two residences include a remodeled upper unit and preserved turn-of-the-century architectural features.
Where is this duplex located?
The property is located at 1010 E Gorham St Madison, WI.
What is the asking price?
The asking price for this property is $644,900.
What are key features of this property?
This property features: Two‑unit duplex built in 1900; Main‑floor unit with 2 beds and 1 bath; Upper residence spans the 2nd and 3rd floors
More about this property
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