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Two-Unit Duplex with Fenced Yard
For Sale
$545,000

173/175 Division Street, Madison, WI 53704

Multi Family, Madison, WI

Property SizeContact for details
Lot Size0.11 Acres
Days on Market8

Property Features for 173/175 Division Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning TR-V!
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 3
Parking features Driveway, Off Street
Appliances 2
Subdivision Fair Oaks, Lot 13, Block 3
Elementary school Lapham/Marquette
Middle school OKeeffe
High school East
Elementary school district Madison
Middle school district Madison
High school district Madison
Directions Monona Dr to Division St
Standard status Active
APN 0710-064-0413-2
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 8171

Utilities

Heating system Forced Air

Amenities

open front and back porches
decks
private fenced in yard
hardwood floors
walk up attic

Building Details

Year built 1912
Floors in Building 2
Number of units 2
Listing Agency: Real Broker LLC
Listed By: Keith Skeen · License #8659594
Added: Aug 23 Changed: Aug 26 Last Checked: Aug 30 at 4:06AM
MLS# 2031093

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.

Built in 1912, this Madison duplex offers two residential units with four bedrooms and two bathrooms. The property includes hardwood flooring, forced-air heating, front porches, rear decks, and a walk-up attic that adds storage capacity. A fenced yard extends behind the home, while driveway and off-street parking support resident convenience.

The property is located at 173/175 Division Street in Madison’s Schenk/Atwood neighborhood, near a park, bus service, and shops. The parcel contains 0.11 acres and carries TR-V! zoning. Its two-unit configuration supports either an income-producing ownership strategy or occupancy by an owner, as described in the property information.

Key Highlights

  • Two‑unit duplex built in 1912
  • Four bedrooms and two bathrooms
  • 0.11‑acre parcel with TR‑V! zoning

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Accounting Firm Auto Parts Store HVAC Service

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

1,144
Businesses Nearby

Demographics for 53704, WI

47,066
Population
22,740
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
21.9 sq mi
ZIP Area
2,149
Density / Sq Mi
$75,007
Median Household Income
$47,665
Median Earnings
$1,231
Median Rent
$289,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Well-maintained income property with porches, hardwood floors, and off-street parking.
Where is this duplex located?
The property is located at 173/175 Division Street Madison, WI.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1912; Four bedrooms and two bathrooms; 0.11‑acre parcel with TR‑V! zoning
More about this property
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