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Six-Unit Multifamily Property

1901 Winnebago Street Madison, WI 53704

1901 Winnebago Street, Madison, WI, 53704
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For Sale
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Six one-bedroom units offer rear access for select garden-style apartments and landlord-paid heat and water.

Days on Market41

Property Features for 1901 Winnebago Street

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1941
Listing agency The Hub Realty
Listed by Ryan Schmitz · License #WI
Source Crexi
Added: Jun 11 Updated: Jul 20 at 6:47PM Checked: Jul 20 at 6:47PM

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 The Hub Realty


Investment Insights

Based on property information with market context.

This six-unit multifamily property consists entirely of 1-bedroom, 1-bath apartments. The current rent range is stated as $1,210 to $1,510, and the property is described as having most recently been operated with a professional property manager. The landlord pays heat and water, while tenants pay electric. The building includes parking in back, though the neighboring condo is noted as using that space for its maintenance.

The property is described as being in the heart of the walkable Atwood neighborhood. The landlord also currently leases six parking spaces approximately one block away for each unit. Snow clearing for the property is handled by the condo next door. Two units are described as garden style, with direct access from the rear of the building.

Two of the apartments provide rear direct access, while all units are positioned as 1-bed, 1-bath residences with the stated utility expense split between landlord and tenants.

Key Highlights

  • Six 1‑bed/1‑bath units in the Atwood neighborhood, with current rents between $1,210 and $1,510
  • Total current income of $98,436; last reported operating expenses of $30,621 with professional property management
  • Landlord pays heat & water; tenants pay electric

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Law Firm HVAC Service Pharmacy Grocery & Convenience Store Computer & Electronic Repair Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Six one-bedroom units offer rear access for select garden-style apartments and landlord-paid heat and water.
Where is this apartment building located?
The property is located at 1901 Winnebago Street Madison, WI.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Six 1‑bed/1‑bath units in the Atwood neighborhood, with current rents between $1,210 and $1,510; Total current income of $98,436; last reported operating expenses of $30,621 with professional property management; Landlord pays heat & water; tenants pay electric
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