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Sold on 05/21/2021
Matthew Pantzlaff of Homestead Realty
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947 E Johnson St, Madison, WI 53703

  • $803,000

    Last sold 05/21/2021 for $650K

  • 9

    bed

  • 3

    bath

  • 3,504

    Sqft ($186/Sqft)

Multi-family not for sale
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About 947 E Johnson St

Property type Multi-family
Neighborhood
Year built 1914
HOA fee $0/month
Lot size 4,356 Sqft
Movoto estimate
Property description
Classic 3-FLAT. A dream investment in Downtown Madison! Fully occupied thru 2022! All the major capital expenditures are completed (100% new electrical in 2014, all new plumbing 2014, added central air conditioning 2014, siding scraped and painted 2015, new concrete driveway 2016, half roof replaced in 2017, new furnace 2017, gravel parking lot 2020, and more!). Meticulous Broker Owned and well-organized property management. Old world charming built-ins, additional trim, unique woodwork, and custom shelving. Ask your buyer's agent to look up the sale comp 2 blocks away @ MLS: #1895084 and also lookup MLS: 1896412. Possibility to increase revenue by charging for parking. Also continue to raise rents as some long-term residents are under market. Coin-op laundry owned in basement.
Listed by
Listing Agent - Matthew Pantzlaff
Listing Office - Homestead Realty
Source: SCWMLS mls logo
MLS#1902218 • last updated 5 years ago
Movoto checked SCWMLS for data 8 minutes ago
Overview
Status Sold
Virtual Tour N/A
Type Multi Family
SubType Apartment Building, 3 Story
Lot Size (Acres) 0.1
Property Tax 9059
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
Exterior
Exterior Wood
# Outdoor Parking 3
# Parking Per Unit 1 Space, Outside
Amenities / Utilities
Water/ Waste Municipal Sewer, Municipal Water
Utilities Separate Elec Meters
Miscellaneous Shared Laundry, Close To Bus Line, Internet - Cable
Location
Subdivision Original Plat
Area MADISON - C E01
County Dane
School District Madison
High School East
Elementary School Lapham/Marquette
Middle School OKeeffe
APN 0709-132-0523-7
Zoning TR-V1
Multifamily Details
Unit 1: SqFt 1168
Unit 3: Lease Expiration Date 7/31/2022
Unit 3: Room(s) #3
Unit 2: Parking 1 Space
Unit 2: Lease Expiration Date 1/31/2022
Unit 3: # Beds 3
Unit 3: Parking 1 Space
Unit 1: # Full Baths 1
Unit 2: # Full Baths 1
Unit 2: # Beds 3
Unit 3: # Full Baths 1
Unit 3: SqFt 1168
Unit 1: Room(s) Balcony/patio, Air Conditioning, Range/oven, Refrigerator, Wood Or Sim. Wood Floor, Pantry, Shared Basement, Mud Room
Unit 3: Monthly Rent 1555
Unit 2: Monthly Rent 1350
Unit 1: Monthly Rent 1445
Net Operating Income 31524
Total Expenses 24074
$803K
Range: $690K-$915K
Last 30 days 
  • 947 E Johnson St
    $650K
  • Tenney-Lapham
    $595K +23% y/y
  • 53703
    $524K +11% 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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