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Sold on 08/17/2022
Andy Stebnitz of Restaino & Associates
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908 E Gorham St, Madison, WI 53703

$617,000

Last sold 08/17/2022 for $490K

  • 5

    bed

  • 3

    bath

  • 2,708

    Sqft ($181/Sqft)

Multi-family not for sale
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About 908 E Gorham St

Property type Multi-family
Neighborhood
Year built 1906
HOA fee $0/month
Lot size 3,485 Sqft
Movoto estimate
Rental estimate
Property description
This three-unit rental property is wonderfully located in the heart of the isthmus. Hardwood floors and original woodwork add to the charm and character throughout. 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. Each unit has a nice rear porch. Long term tenants. Market rents in the area are higher. Coin-op washer and dryer included. Ideal to owner occupy or add to your investment portfolio.
Listed by
Listing Agent - Andy Stebnitz
Listing Agent Contact: Pref: 608-692-8866
Listing Office - Restaino & Associates
Source: SCWMLS mls logo
MLS#1932687 • last updated 4 years ago
Movoto checked SCWMLS for data 6 minutes ago
Overview
Status Sold
Type Multi Family
SubType Apartment Building
Virtual Tour N/A
Lot Size (Acres) 0.08
Property Tax 10750
Listing Agent Contact Astebnitz@yahoo.com, 608-692-8866
Listing Office Contact 608-833-7777, Listings@restainohomes.com
Listing Office Restaino & Associates
Listing Agent Andy, Stebnitz
Interior
Basement Full, Walkout To Yard, Other Foundation
Exterior
Exterior Aluminum/Steel, Wood
# Outdoor Parking 1
# Parking Per Unit 1 Space, Outside
Amenities / Utilities
Water/ Waste Municipal Sewer, Municipal Water
Miscellaneous Close To Bus Line, Water Softener Owned
Location
Area MADISON - C E01
County Dane
School District Madison
High School East
Elementary School Lapham/Marquette
Middle School OKeeffe
APN 0709-132-0312-4
Zoning TR-V2
Multifamily Details
Unit 2: Room(s) Family/Rec Rm, Dining Room, Eat-in Kitchen, Balcony/patio, Range/oven, Refrigerator, Wood Or Sim. Wood Floor, Pantry
Unit 1: SqFt 1042
Unit 3: Lease Expiration Date 8/31/2022
Unit 3: Room(s) 3, Family/Rec Rm, Dining Room, Eat-in Kitchen, Range/oven, Refrigerator
Unit 2: Parking Street
Unit 2: Lease Expiration Date 7/31/2023
Unit 3: # Beds 1
Unit 3: Parking Street
Unit 1: # Full Baths 1
Unit 2: # Full Baths 1
Unit 2: # Beds 2
Unit 3: # Full Baths 1
Unit 3: SqFt 686
Unit 1: Room(s) Family/Rec Rm, Dining Room, Eat-in Kitchen, Balcony/patio, Range/oven, Refrigerator, Wood Or Sim. Wood Floor, Pantry
Unit 3: Monthly Rent 970
Unit 2: Monthly Rent 1070
Unit 1: Monthly Rent 1100
$617K
Range: $518K-$715K
Last 30 days 
Rental est.: $2,287/month
Gross rent multiplier: 17.9
  • Year Property taxes Tax assessment
  • 2024
    $9,198 -11.6%
    $524,300 +7.0%
  • 2022
    $10,402 -3.2%
    $490,000 -7.41%
  • 2021
    $10,750 +3.3%
    $529,200 +13.39%
  • 2020
    $10,407 +4.6%
    $466,700 +4.99%
  • 2019
    $9,947 +11.8%
    $444,500 +15.51%
  • 2017
    $8,898 +11.6%
    $384,800
  • 2014
    $7,975
    —
  • 908 E Gorham St
    $490K
  • Tenney-Lapham
    $525K +34% y/y
  • 53703
    $500K +28% y/y
  • Madison
    $450K +8% 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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