918 Magnolia Lane, Madison, WI 53713

Madison
Local realty services provided by:ERA MyPro Realty
Listed by: chue xiong
Office: georgeson realty, llc.
MLS#:2035487
Source:Metro MLS
918 Magnolia Lane,Madison, WI 53713
$599,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$599,000

About this home

FULLY Occupied! Located on Madison?s South Side! This building is all-brick 4-unit offering immediate rental income and low-maintenance upkeep. All four units are already leased through 2027 with long term tenants. The entire building was insulated in 2022 with every unit having its own heating (all furnaces updated in 2022), one designated parking stall per unit (on street parking avaliable), tenants pays for their own electrical, 3 of the 4 units had the water heaters replaced in 2026), water lateral was replaced in 2023, and fully remodel unit 2. Don't miss the opportunity to own this gem.

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Home facts

  • Year built:1960
  • Listing ID #:2035487
  • Added:1 day(s) ago
  • Updated:October 28, 2026 at 03:00 PM

Rooms and interior

  • Basement Description:Full

Heating and cooling

  • Cooling:Forced Air
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1960
  • Lot area:0.21 Acres
  • Construction Materials:Brick
  • Foundation Description:Poured Concrete
  • Levels:2 Story

Schools

  • High school:West
  • Middle school:Cherokee
  • Elementary school:Midvale/Lincoln

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$599,000
  • Tax amount:$8,894 (2025)

Features and amenities

  • Amenities:Separate Electric Meters, Separate Gas Meters

Parking

  • Parking description:1 Space, Outside
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