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Sold on 11/05/2021
Alise Wasserburger of Realty Executives Cooper Spransy
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854 E Gorham St, Madison, WI 53703

  • $607,000

    Last sold 11/05/2021 for $460K

  • 2

    bed

  • 2

    bath

  • 2,233

    Sqft ($206/Sqft)

Multi-family not for sale
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About 854 E Gorham St

Property type Multi-family
Neighborhood
Year built 1902
HOA fee $0/month
Lot size 2,614 Sqft
Movoto estimate
Rental estimate
Property description
Meticulously maintained 2-unit property with spacious floor plans, large windows, hardwood floors, high ceilings, and original woodwork. Walking distance to the lake, many local restaurants, coffee shops, a grocery store, and parks. Short jaunt by bus or bike to downtown and UW. Attracts tenants year-round, grossing $33,600 in annual income. Upgrades: interior paint (‘21), landscaping (‘21), unit 1 new range (‘21), roof/gutters/downspouts (‘18), unit 1 water heater (‘20), washer/dryer (‘18), unit 2 windows & storms (‘17/‘18). Allow 30 hour notice for showings.
Listed by
Listing Agent - Alise Wasserburger
Listing Agent Contact: Alise@roostinmadison.com
Listing Office - Realty Executives Cooper Spransy
Source: SCWMLS mls logo
MLS#1917889 • last updated 4 years ago
Movoto checked SCWMLS for data 6 minutes ago
Overview
Status Sold
Virtual Tour N/A
Type Multi Family
SubType 2 Flat-up And Down
Lot Size (Acres) 0.06
Property Tax 10200
Listing Agent Contact Alise@roostinmadison.com, 608-438-4689
Listing Office Contact 608-661-7900, Officecs@realtyexecutives.com
Listing Office Realty Executives Cooper Spransy
Listing Agent Alise, Wasserburger
Interior
Basement Full, Other Foundation
Exterior
Exterior Vinyl
# Parking Per Unit None
Amenities / Utilities
Water/ Waste Municipal Sewer, Municipal Water
Utilities Separate Elec Meters, Separate Gas Meters
Miscellaneous Shared Laundry, Close To Bus Line, Water Softener Owned
Location
Subdivision Prospect Place
Area MADISON - C E01
County Dane
School District Madison
High School East
Elementary School Lapham/Marquette
Middle School OKeeffe
APN 0709-132-0723-3
Zoning TR-C4
Multifamily Details
Unit 2: Room(s) Family/Rec Rm, Dining Room, Eat-in Kitchen, Den/office, Balcony/patio, Range/oven, Refrigerator, Wood Or Sim. Wood Floor, Shared Basement, Three-Season, Den/Office
Unit 1: SqFt 916
Unit 2: Parking Street
Unit 2: Lease Expiration Date 7/31/2022
Unit 1: # Full Baths 1
Unit 2: # Full Baths 1
Unit 2: # Beds 1
Unit 1: Room(s) Family/Rec Rm, Dining Room, Eat-in Kitchen, Balcony/patio, Range/oven, Refrigerator, Wood Or Sim. Wood Floor, Shared Basement, Three-Season
Unit 2: Monthly Rent 1600
Unit 1: Monthly Rent 1200
$607K
Range: $546K-$667K
Last 30 days 
Rental est.: $1,185/month
Gross rent multiplier: 32.3
  • 854 E Gorham St
    $460K
  • Tenney-Lapham
    $435K -9% y/y
  • 53703
    $540K +14% 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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