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Duplex with Separate In-Law Suite
For Sale
$498,000

514 W Washington St, Dodgeville, WI 53533

A private-entry secondary residence includes its own kitchen, laundry area, full bathroom, and attached garage.

Property SizeContact for details
Days on Market22

Property Features for 514 W Washington St

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1991
Construction brick
Listing Agency: EXP Realty, LLC
Listed By: Margene Dagle · License #9593594
Source: Madisonareahomesforsale
Added: Sep 23 Changed: Oct 11 Last Checked: Oct 12 at 7:50PM

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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

Built in 1991, this duplex pairs a four-bedroom, two-bathroom main residence with a separate two-bedroom living area. The secondary unit has its own entrance, kitchen with appliances, full bathroom, and laundry area, along with an attached one-car garage equipped with an automatic opener. A new roof is scheduled for installation before closing.

Key Highlights

  • Main residence includes 4 bedrooms and 2 full bathrooms
  • Separate 2‑bedroom suite with private entrance
  • Secondary unit has a kitchen with appliances, full bathroom, and laundry area

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Hair Salon Building Supply Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

192
Businesses Nearby

Demographics for 53533, WI

7,306
Population
3,557
Households
2.1
Avg Household Size
44
Median Age
31%
College-Educated
95%
High-School Grad
142.1 sq mi
ZIP Area
51
Density / Sq Mi
$82,731
Median Household Income
$48,228
Median Earnings
$976
Median Rent
$255,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - A private-entry secondary residence includes its own kitchen, laundry area, full bathroom, and attached garage.
Where is this duplex located?
The property is located at 514 W Washington St Dodgeville, WI.
What is the asking price?
The asking price for this property is $498,000.
What are key features of this property?
This property features: Main residence includes 4 bedrooms and 2 full bathrooms; Separate 2‑bedroom suite with private entrance; Secondary unit has a kitchen with appliances, full bathroom, and laundry area
More about this property
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