Six-Unit Multifamily
For Sale
Contact for pricing
Pending
1901 Winnebago Street, Madison, WI 53704
Six one-bedroom units offer rear access for select garden-style apartments and landlord-paid heat and water.
Property SizeContact for details
Days on Market87
Property Features for 1901 Winnebago Street
General Information
Standard status
Pending
Total Parking Spaces
6
Property subtype
Multifamily
Zoning
TSS
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
6
Building Details
Year Built
1941
Units
6
Tenancy
Multi
Listing Agency:
The Hub Realty
Listed By:
Ryan Schmitz · License #WI
(608) 345-0150
Source:
Crexi
Added: Jun 11
Changed: Aug 8
Last Checked: Jul 24 at 12:23PM
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.
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
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,174
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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
