Listed by Krista Potter • First Weber Inc (HomeInfo@firstweber.com).
Contingent
$660,000
Est. $4,599/mo —
6
bd
•
5 ba
•
—
sq ft
2954 Milwaukee St, Madison, WI 53704
About this home
Public Remarks: Investor Alert or Owner-Occupant Special! Prime Near East Madison 4-unit multifamily opportunity delivering high-yield cash flow! This 3,200 sq ft property combines historic charm with major capital updates: new roof (2022), new furnace (2024), new flooring, a brand-new renovated bathroom in Unit 1, and upgraded ventilation in all bathrooms. Features two 2-bedroom and two 1-bedroom sun-drenched apartments. Tenant perks: free non-coin laundry (W/ D <2 yrs) and dedicated basement storage. Turnkey, clean, and ready for instant leasing or owner-occupancy. Unbeatable location close to downtown Madison, dining, shopping, parks, bike paths, and transit lines. Tour today!
Starkweather-Yahara, located between East Washington Avenue and Lake Monona, is a lakeside and industrial-heritage Madison neighborhood with a riverfront greenway and a working-waterfront feel. The neighborhood’s character concentrates around the Yahara River corridor by the Starkweather Creek Path, where paddlers, cyclists, and warehouse-era buildings share the scene. The Barrymore Theatre anchors the calendar with live shows in a classic marquee setting. Olbrich Botanical Gardens adds a cultivated, lakeside counterpoint with gardens and a conservatory. Streets mix compact bungalows and mid-century houses with newer infill near the water. Parks and boat launches keep daily life oriented to the Yahara and Monona shoreline.
Provided by Walk Score and Local Logic
Offer insights
2954 Milwaukee St · $660,000
$660K and above
75% chance or better to win
Why $660K+ is a strong offer
DAYS ON MARKET
72 days
The average home goes pending in 52 days.
SALE-TO-LIST
97.0%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Water softener
Bedrooms
6 bedrooms across 4 units
Bathrooms
5 full bathrooms across 4 units
Heating & cooling
Radiant/electric heating
Natural gas
Exterior features
Fenced yard
Home design
Multi-family apartment building
Two stories
Parking
Outside parking
Construction
Vinyl exterior
Utilities
Municipal water
Municipal sewer
Separate electric meters
Electricity and solar
View estimated energy costs and solar savings for this home
The TR-C Districts are established to stabilize, protect and encourage throughout the City the essential characteristics of the residential areas typically located on the Isthmus, near East and near West portions of the City, and to promote and encourage a suitable environment for family life while accommodating a full range of life-cycle housing. The districts are also intended to: Promote the preservation, development and redevelopment of traditional residential neighborhoods in a manner consistent with their distinct form and residential character; Ensure that new buildings and additions to existing buildings are designed with sensitivity to their context in terms of building placement, facade width, height and proportions, garage and driveway placement, landscaping, and similar design features; Maintain and improve the viability of existing housing of all types, while providing for updating of older housing in a context-sensitive manner; Maintain or increase compatibility between residential and other allowed uses, and between different housing types, where permitted, by maintaining consistent building orientation and parking placement and screening; Facilitate the preservation, development or redevelopment goals of the comprehensive plan and of adopted neighborhood, corridor or special area plans.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Retail-Grocery
Housing-Group
Housing-Single unit
Public service
Fire house
Police station
Communications tower
Park & open space
Oct 19, 2021 • Final
Repair or replace building
Replace a window.
Remodel
Feb 3, 2006 • Final
New commercial construction
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 100° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Madison, WI • 53704
Average low and high temperatures (°F)
26
11
35
18
51
31
60
41
70
48
81
62
85
67
78
62
76
57
64
47
47
34
31
18
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2954 Milwaukee St
$649,591
$10K under list price of $660K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $570K to $725K.