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Sold on 11/26/2024
Matthew Pantzlaff of Homestead Realty
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836 E Gorham St, Madison, WI 53703

  • $452,000

    Last sold 11/26/2024 for $459K

  • 5

    bed

  • 2

    bath

  • 2,304

    Sqft ($199/Sqft)

Multi-family not for sale
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About 836 E Gorham St

Property type Multi-family
Neighborhood
Year built 1899
HOA fee $0/month
Lot size 2,962 Sqft
Movoto estimate
Rental estimate
Property description
2-unit apartment building leased thru August 14, 2025!! Investment opportunity on the near east side of Madison. Always rented due to location. Main level apartment has a private entrance, in-unit laundry, and off-street parking! The other apartment is a large 4-bedroom that spans both the 2nd and 3rd floors. Very popular floorplan. 2 of the 3 floors have hardwood flooring. Entire roof was replaced 1 year ago! Building was sprinklered to comply with city of Madison code to authorize 3rd floor use. Total gross annual income is $43,200. Priced at a 11 GIM and BELOW the assessed value! Check public documents for a whole bunch of additional information like income and expenses, building floorplan, and a full updates and features list with dates of replacements for capital improvements.
Listed by
Listing Agent - Matthew Pantzlaff
Listing Office - Homestead Realty
Source: SCWMLS mls logo
MLS#1982216 • last updated 1 year ago
Movoto checked SCWMLS for data 32 minutes ago
Overview
Status Sold
Type Multi Family
SubType 2 Flat-up And Down
Lot Size (Acres) 0.068
Property Tax 8245
Listing Agent Contact Mpantzlaff@totalresolutionsllc.com, 608-239-0367
Listing Office Contact 414-461-4040
Listing Office Homestead Realty
Listing Agent Matthew, Pantzlaff
Interior
Basement Full, Other Foundation
Exterior
Exterior Brick, Stone
# Outdoor Parking 6
# Parking Per Unit 2 Spaces, Outside
Amenities / Utilities
Water/ Waste Municipal Water, Municipal Sewer
Utilities Separate Elec Meters
Miscellaneous Close To Bus Line, Water Softener Owned, Building Sprinkler System, Internet - Cable
Location
Body of Water None
Subdivision Prospect Place
Area MADISON - C E01
County Dane
School District Madison
High School East
Elementary School Lapham/Marquette
Middle School OKeeffe
APN 0709-132-0713-4
Zoning TR-V2
Multifamily Details
Unit 2: Room(s) Family/Rec Rm, Balcony/patio, Range/oven, Refrigerator, Dishwasher, Washer/dryer, Wood Or Sim. Wood Floor
Unit 1: SqFt 901
Unit 2: Parking 2 Space
Unit 2: Lease Expiration Date 08/14/2025
Unit 1: # Full Baths 1
Unit 2: # Full Baths 1
Unit 2: # Beds 4
Unit 1: Room(s) Family/Rec Rm, Balcony/patio, Range/oven, Refrigerator, Dishwasher, Washer/dryer, In-unit Laundry, Wood Or Sim. Wood Floor
Unit 2: Monthly Rent 2200
Unit 1: Monthly Rent 1400
$452K
Range: $379K-$524K
Last 30 days 
Rental est.: $4,380/month
Gross rent multiplier: 8.7 - Good
  • 836 E Gorham St
    $459K
  • Tenney-Lapham
    $475K -1% y/y
  • 53703
    $475K +1% y/y
  • Madison
    $450K +5% y/y
No chart available
Statistics calculated by Movoto

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N/A
Lapham Elementary School
public Grades PK, K-2
Madison Metropolitan School District
6/10
O'keeffe Middle School
public Grades 6-8
Madison Metropolitan School District
6/10
East High School
public Grades 9-12
Madison Metropolitan School District
Source: GreatSchools.org © 2026. All rights reserved.

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