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Updated Duplex
For Sale
$399,900

1929 Schlimgen Avenue, Madison, WI 53704

TR-C4 zoning accompanies extensive updates to the building’s interiors and systems.

Property SizeContact for details
Days on Market21

Property Features for 1929 Schlimgen Avenue

General Information

Standard status Active
Property subtype Multi Family Home
Zoning TR-C4

Site & Location

Neighborhood Sherman Neighborhood Association

Additional Details

Multifamily Units 2

Building Details

Year Built 1937
Units 2
Listing Agency: First Weber Inc
Listed By: Tony Ritschard
Source: Geigerrealtors
Added: Oct 5 Changed: Oct 23 Last Checked: Oct 23 at 4:59PM

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 First Weber Inc

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Investment Insights

Based on property information with market context.

Built in 1937, this two-unit residential property has received improvements to both its living spaces and building systems. Work completed in 2023 included a deck, electrical and plumbing updates, interior paint, LVP flooring, bathroom upgrades, ranges, refrigerators, exterior lighting, and locks. In 2022, the property received whole-home insulation, a water heater, and bathroom exhaust fans. Gutters were replaced in 2019, and the roof was replaced in 2017. The property is zoned TR-C4.

Restaurants, cafes, and the lake are within walking distance. The Public Market is less than five minutes away, and Downtown is a 10-minute trip, according to the stated travel times.

Key Highlights

  • Two‑unit residential property built in 1937
  • 2023 work included a new deck, electrical and plumbing updates, LVP flooring, and updated bathrooms
  • 2023 additions include ranges, fridges, exterior lighting, and locks

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

425
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - TR-C4 zoning accompanies extensive updates to the building’s interiors and systems.
Where is this duplex located?
The property is located at 1929 Schlimgen Avenue Madison, WI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑unit residential property built in 1937; 2023 work included a new deck, electrical and plumbing updates, LVP flooring, and updated bathrooms; 2023 additions include ranges, fridges, exterior lighting, and locks
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