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Two-Unit Duplex with Balconies
New
For Sale
$725,000

1631 Jefferson St, Madison, WI 53711

Separate utility meters and coin-operated laundry support the property’s two-unit configuration.

Property Size672 SF
Price / SF$1,078
Days on Market6

Property Features for 1631 Jefferson St

General Information

Standard status Active
Size 672 SF
Property subtype Multi-Family

Building Details

Year Built 1949
Listing Agency: @properties-elleven Christie's International
Listed By: Brogan Brunker · License #5953790
Source: Soldinmadison
Added: Sep 30 Last Checked: Oct 4 at 1:40PM

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 @properties-elleven Christie's International

Investment Insights

Based on property information with market context.

This 1949 duplex contains two residences: one with three bedrooms and one bathroom, and another with one bedroom and one bathroom. Both have eat-in kitchens, wood-style flooring, and balconies. Electric, gas, and water are separately metered for each unit. Coin-operated laundry is on site, along with four parking spaces. The furnaces were replaced in 2014 and 2020, and the water heater was replaced in 2020.

The property is near UW-Madison, UW Hospitals, Camp Randall, Henry Vilas Zoo, and Monroe Street, where shops and restaurants are located. The current arrangement is a single-house rental; the layout can be separated into two units. Any accessory dwelling unit plans would require review of applicable city rules and permitting.

Key Highlights

  • Two units: one 3BR/1BA residence and one 1BR/1BA residence
  • Each unit has separate electric, gas, and water meters
  • Balcony and eat‑in kitchen in each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Nail Salon Building Supply (Bike/Boat/Book/etc) Store Auto Parts Store Hair Salon

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

Location Intelligence

Trade Area within ½ mile

1,177
Businesses Nearby

Demographics for 53711, WI

51,448
Population
23,500
Households
2.2
Avg Household Size
37
Median Age
66%
College-Educated
97%
High-School Grad
26.0 sq mi
ZIP Area
1,979
Density / Sq Mi
$101,236
Median Household Income
$55,284
Median Earnings
$1,357
Median Rent
$387,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Separate utility meters and coin-operated laundry support the property’s two-unit configuration.
Where is this duplex located?
The property is located at 1631 Jefferson St Madison, WI.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Two units: one 3BR/1BA residence and one 1BR/1BA residence; Each unit has separate electric, gas, and water meters; Balcony and eat‑in kitchen in each unit
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