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$725,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 7 days ago
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2-unit duplex (3BR/1BA and 1BR/1BA) minutes from UW-Madison, UW Hospitals, Camp Randall, Henry Vilas Zoo, and Monroe Street. Currently rented as a single house for $5,250/mo, with the option to split back into two units ? each already separately metered for electric, gas, and water. Eat-in kitchens, wood-style floors, and a balconies in each unit. Furnaces replaced in 2014 and 2020, water heater replaced in 2020. The back yard has room for an ADU ? a third income stream if you want to pursue it (check with the City on zoning/permitting). On-site coin laundry, 4 parking spaces (Great for gameday parking), and a walkable location near campus, hospitals, and Monroe Street's shops and restaurants make this a strong hold for tenant demand. See attached docs for potential ADU project. See City of Madison Website for updated ADU rules.

Full Property Details for 1631 Jefferson St

General

  • Price: $725,000
  • Taxes: $9,836 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
  • MLS ID: 2032754
  • Updated: 9/29/2026
  • Added to Site: 7 day(s) ago

Interior

  • Interior Features: Water Softener, High-Speed Internet

Parking

  • Parking Features: Outside

Location

  • Municipality: Madison
  • County: Dane
  • Driving Directions: From John Nolan, head west on E. Olin Ave, North on Park St, West on Drake St, North on Grant St, East on Jefferson. Property is on the left.

School Information

  • School District: Madison
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West

Heating & Cooling

  • Heating Fuel: Natural Gas
  • Heating/Cooling: Forced Air

Utilities

  • Water/Sewer: Municipal Water, Municipal Sewer
  • Utility Description: Separate Electric Meters, Separate Gas Meters, Separate Water Meters

Structural Information

  • Description/Design: 2 Stories
  • Exterior Const.: Vinyl, Brick
  • Basement Desc.: Full, Poured Concrete
  • Year Built: 1949

Unit Information

  • Units in Building: 2

Unit 1

  • Square Feet: 1057
  • Bedrooms: 3

Unit 2

  • Square Feet: 672
  • Bedrooms: 2
  • Primary Bedroom: Upper Level, 12 x 11
  • Living Room: Upper Level, 16 x 12,
  • Kitchen: Upper Level, 14 x 9,

Lot Features

  • Lot Size Source: Assessor/Public Record
  • Zoning: TR-C4

Financial Considerations

  • Tax Amount: $9,836
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Seller and tenants personal property
  • Inclusions: 2 refrigerators, 2 stoves, 2 dishwashers, 1 washer, 1 dryer, 1 microwave (upper level), 1 water softener, window coverings

Listed by @properties-elleven Christie's International

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Listing agent

— 1631 Jefferson St —

  • @properties-elleven Christie's International

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 1631 Jefferson St

School District:Madison Metropolitan School District
NameGradesDistance
Randall Elementary School
1802 Regent Street, Madison, WI 53726
3-50.3 mi
Franklin Elementary School, Madison, WI
305 West Lakeside Street, Madison, WI 53715
PK-21.4 mi
Hamilton Middle School, Madison, WI
4801 Waukesha Street, Madison, WI 53705
6-82.3 mi
West High School, Madison, WI
30 Ash Street, Madison, WI 53726
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1631 Jefferson St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/29/2026
Listed
$725,000
33.52%
MLS
10/01/2024
Sold
$543,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1631 Jefferson St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,836
31%
$532,100
24%
2024
$7,493
-1%
$428,000
7%
2022
$7,552
3%
$400,000
4%
2021
$7,312
3%
$385,400
12%
2021
$7,079
—
$344,100
8%
2020
$7,079
3%
$318,600
3%
2019
$6,898
5%
$309,300
5%
2018
$6,557
6%
$294,600
10%
2017
$6,169
2%
$267,800
5%
2016
$6,033
3%
$255,000
4%
2015
$5,859
-4%
$245,200
-2%
2014
$6,081
-1%
$251,000
—
2013
$6,168
—
$251,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by @properties-elleven Christie's International

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1631 Jefferson Street, Madison, WI 53711 (MLS# 2032754) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 1631 Jefferson Street is currently listed for $725,000 and was received on September 29, 2026. Want to learn more about 1631 Jefferson Street? Do you have questions about finding other Multi-Family real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

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