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Triplex with Tenant Garden Space
New
For Sale
$657,000

714 Emerson Street, Madison, WI 53715

Multi Family, Madison, WI

Property SizeContact for details
Lot Size0.18 Acres
Days on Market3

Property Features for 714 Emerson Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning TR-C2
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 3
Appliances 3
Subdivision Bay Creek
Elementary school Franklin/Randall
Middle school Hamilton
High school West
Elementary school district Madison
Middle school district Madison
High school district Madison
Directions Park St to E on Emerson. Property located between Lakeside and Olin
Standard status Active
APN 0709-262-0412-7
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7110

Utilities

Heating system Radiant

Amenities

yard and garden
deck

Building Details

Year built 1942
Floors in Building 2
Number of units 3
Listing Agency: Stark Company, REALTORS
Listed By: Trent Halverson
Added: Oct 12 Last Checked: Oct 14 at 1:06AM
MLS# 2034513

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 three-unit residential property at 714 Emerson Street was built in 1942 and occupies a 0.18-acre lot zoned TR-C2. The main-floor unit has two bedrooms, separate formal living and dining rooms, and a three-season porch. A deck serves the upper level, while outdoor space includes a yard and garden area. The one-car garage has been converted to secured storage and could be changed back to garage use.

The property is in Madison’s near-west area, with access by bike to campus, downtown, and the Arboretum. St. Mary’s, Park Street businesses, Goodman Pool, and Monona Bay are identified as nearby destinations. The three units are fully leased.

Key Highlights

  • Three residential units; fully leased
  • 0.18‑acre lot zoned TR‑C2
  • Built in 1942

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Bakery Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,685
Businesses Nearby

Demographics for 53715, WI

16,517
Population
5,640
Households
2.9
Avg Household Size
24
Median Age
66%
College-Educated
95%
High-School Grad
1.3 sq mi
ZIP Area
12,705
Density / Sq Mi
$37,598
Median Household Income
$8,819
Median Earnings
$1,533
Median Rent
$436,100
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
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Frequently Asked Questions

What type of property is this?
Triplex - Built in 1942, the property is fully leased and includes a main-floor residence with two bedrooms and formal living and dining rooms.
Where is this triplex located?
The property is located at 714 Emerson Street Madison, WI.
What is the asking price?
The asking price for this property is $657,000.
What are key features of this property?
This property features: Three residential units; fully leased; 0.18‑acre lot zoned TR‑C2; Built in 1942
More about this property
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