1901 Madison Street

Madison, WI 53711

This well-crafted grand old home was converted to a two-unit many years ago. Property is grandfathered to allow eight unrelated occupants. It's been rented both as one house and other times as two units. There are 2 bdrm, 1 full bath on 1st floor. LL has 2 bdrms with egress windows, a 3/4 bath, and laundry. 2nd floor has 3 bdrm, 1 full bath. Partially finished walk-up attic has potential for an 8th bdrm. Refinished hardwood floors, gas fireplace, large windows, remodeled 1st floor kitchen, newer 200 amp electrical, newer boiler furnace, newer hot water heater. Currently occupied by Seller's family – hence the low rents. Seller estimates a market rent of $750 per person, or $6000 per month which is $72,000 per year. Currently, room to park 3 cars in the back. Room for a garage or a 4th parking space. Electric is separately metered. Gas and water are not. An inviting open porch in the front and two screened porches in the back. Nice brick patio in back yard.

Listing courtesy of Mark Shulman of Vilas Realty



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Last checked: 2026-03-06 01:03 AM UTC