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Two-Home Multifamily Property
For Sale
Under Contract
$700,000

5794 Portage & 3949 Hoepker Road, Madison, WI 53718

Multi Family, Madison, WI

Property SizeContact for details
Lot Size2.00 Acres
Days on Market62

Property Features for 5794 Portage & 3949 Hoepker Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Res
Bedrooms 7
Bathrooms 5
Full bathrooms 3
Half bathrooms 2
Rooms Bathroom 3, Bathroom 4, Bedroom 6, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 5, Bedroom 7
Parking features Garage
Appliances 2
Elementary school Call School District
Middle school Call School District
High school Call School District
Elementary school district DeForest
Middle school district DeForest
High school district DeForest
Directions Hwy. 51 to east on Hoepker Rd (to Hoepker property), south on Portage Rd (Portage property.)
Subdivision BURKE - T
Standard status Active Under Contract
APN 0810-152-8600-8
Lot size 2.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8143

Utilities

Heating system Radiant

Amenities

deck

Building Details

Year built 1956
Floors in Building 2
Number of units 2
Listing Agency: Better Homes and Gardens Real Estate Dream Partners
Listed By: Kevin Clark · License #5850490
Added: Jul 15 Changed: Sep 13 Last Checked: Sep 14 at 12:06AM
MLS# 2025107

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property comprises two separate homes on a 2-acre wooded lot. The residences provide a combined seven bedrooms, with one home offering four bedrooms and 1.5 baths and the other configured with three bedrooms and 2.5 baths. Each residence includes its own deck, while radiant heating and garage parking are also present. One of the homes is currently rented, creating an existing income component alongside the second residence.

The property is located at 5794 Portage & 3949 Hoepker Road in Madison, near Token Creek County Park and major highways. Residential zoning supports the property’s existing configuration. Its east-side Madison setting places the two-home arrangement near the city’s services and transportation connections.

Key Highlights

  • Two homes on a wooded 2‑acre lot
  • Combined seven‑bedroom configuration
  • One home has 4 bedrooms and 1.5 baths

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Building Supply Real Estate Agency Garden Center Restaurant

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 53718, WI

17,034
Population
8,408
Households
2
Avg Household Size
37
Median Age
49%
College-Educated
96%
High-School Grad
20.8 sq mi
ZIP Area
819
Density / Sq Mi
$94,899
Median Household Income
$60,518
Median Earnings
$1,606
Median Rent
$328,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two residences with private decks occupy a wooded residential setting near Madison’s east side.
Where is this multifamily property located?
The property is located at 5794 Portage & 3949 Hoepker Road Madison, WI.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two homes on a wooded 2‑acre lot; Combined seven‑bedroom configuration; One home has 4 bedrooms and 1.5 baths
More about this property
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