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32-Unit Apartment Buildings
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1902-1914 Greenway Cross, Madison, WI 53719

Two renovated buildings provide a balanced mix of one- and two-bedroom apartments with in-unit laundry and individual air conditioning.

Property SizeContact for details
Lot Size1.47 Acres
Days on Market145

Property Features for 1902-1914 Greenway Cross

General Information

Standard status Active
Lot size 1.47 Acres
Property subtype Multifamily

Units

Unit Mix 16 x 1BR, 16 x 2BR
Multifamily Units 32

Additional Details

Utilities to Site Yes

Amenities

balcony/decks
AC units
washer/dryers
dishwasher
garbage disposal
electric range/oven
vent hood
refrigerator

Building Details

Buildings 2
Stories 2
Listing Agency: Altus Commercial Real Estate
Listed By: Daniel G. Roseliep · License #WI 90-54620
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 7:03PM

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 Altus Commercial Real Estate

Investment Insights

Based on property information with market context.

The property comprises 32 apartments across two two-story buildings, each with a basement, on 1.471 acres at 1902-1914 Greenway Cross in Madison. The unit mix is a 50/50 split of one- and two-bedroom apartments. Each residence includes a stackable washer and dryer, air conditioning, electric range and oven, vent hood, refrigerator, garbage disposal, and dishwasher. Interior renovations include updated flooring, while exterior work includes new siding, windows, doors, and balcony or deck improvements.

Roof replacements were completed in 2003 at 1902 and in 2017 at 1914. Additional property work includes gutter and downspout improvements, landscaping, and resurfacing and restriping of the parking lot. Two 500,000 BTU Thermo-Temp water boilers were replaced in 2015. The landlord pays water, sewer, gas, and trash collection; tenants pay electricity. The property is located just off Fish Hatchery Road.

Key Highlights

  • 32 apartments in two buildings on 1.471 acres
  • 50/50 mix of 1- and 2‑bedroom units
  • Each unit includes a stackable washer/dryer and AC unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Locksmith Catering Service 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.

Lease Details

32
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,002
Businesses Nearby

Demographics for 53719, WI

32,151
Population
16,160
Households
2
Avg Household Size
35
Median Age
61%
College-Educated
96%
High-School Grad
10.2 sq mi
ZIP Area
3,152
Density / Sq Mi
$92,223
Median Household Income
$59,334
Median Earnings
$1,429
Median Rent
$349,300
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?
Apartment building - Two renovated buildings provide a balanced mix of one- and two-bedroom apartments with in-unit laundry and individual air conditioning.
Where is this apartment building located?
The property is located at 1902-1914 Greenway Cross Madison, WI.
What are key features of this property?
This property features: 32 apartments in two buildings on 1.471 acres; 50/50 mix of 1- and 2‑bedroom units; Each unit includes a stackable washer/dryer and AC unit
(608) 234-4482 Call to check price and availability
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