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$750,000 Just Listed
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Property Description
This well-crafted grand old home was converted to a two-unit many years ago. Property is grandfathered to allow eight unrelated occupants. It's been rented both as one house and other times as two units. There are 2 bdrm, 1 full bath on 1st floor. LL has 2 bdrms with egress windows, a 3/4 bath, and laundry. 2nd floor has 3 bdrm, 1 full bath. Partially finished walk-up attic has potential for an 8th bdrm. Refinished hardwood floors, gas fireplace, large windows, remodeled 1st floor kitchen, newer 200 amp electrical, newer boiler furnace, newer hot water heater. Currently occupied by Seller's family - hence the low rents. Seller estimates a market rent of $750 per person, or $6000 per month which is $72,000 per year. Currently, room to park 3 cars in the back. Room for a garage or a 4th parking space. Electric is separately metered. Gas and water are not. An inviting open porch in the front and two screened porches in the back. Nice brick patio in back yard.
Full Property Details
Full Property Details for 1901 Madison St
General
- Price: $750,000
- Taxes: $10,491 (2025)
- Status: Active
- Type: Multi-Family
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2017303
- Updated: 2/26/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Water Softener
Parking
- Parking Features: 2 Spaces, Outside
Location
- Municipality: Madison
- County: Dane
- Driving Directions: Monroe St to Harrison St to Madison St. Property at the corner of Madison St and Harrison St.
School Information
- School District: Madison
- Elementary School: Franklin/Randall
- Middle School: Hamilton
- High School: West
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Steam
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
- Utility Description: Separate Electric Meters
Structural Information
- Description/Design: 2 Stories, 2 Flat Up and Down
- Exterior Const.: Wood
- Basement Desc.: Full, Exposed, Full-Size Windows, Finished, Poured Concrete
- Year Built: 1914
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 1547
- Bedrooms: 4
Unit 2
- Square Feet: 970
- Bedrooms: 3
- Primary Bedroom: Upper Level, 13 x 12
- Bedroom 2: Upper Level, 12 x 10
- Bedroom 3: Upper Level, 8 x 10
- Kitchen: Upper Level, 14 x 12,
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: Tr-C4
Financial Considerations
- Tax Amount: $10,491
- Tax Year: 2025
Listed by Vilas Realty
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Schools
Schools serving 1901 Madison St
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Randall Elementary School 1802 Regent Street, Madison, WI 53726 | 3-5 | 0.3 mi |
Franklin Elementary School, Madison, WI 305 West Lakeside Street, Madison, WI 53715 | PK-2 | 1.6 mi |
Hamilton Middle School, Madison, WI 4801 Waukesha Street, Madison, WI 53705 | 6-8 | 2.1 mi |
West High School, Madison, WI 30 Ash Street, Madison, WI 53726 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1901 Madison St
Date
Details
Price
Change
Source
2/26/2026
Listed
$750,000
195.28%
MLS
1/24/2007
Sold
$254,000
—
Public Record
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
Tax History for 1901 Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,044
3%
$515,600
7%
2022
$8,757
3%
$481,900
8%
2021
$8,479
3%
$446,200
12%
2021
$8,209
—
$398,400
8%
2020
$8,209
3%
$368,900
3%
2019
$8,001
5%
$358,200
5%
2018
$7,604
6%
$341,100
10%
2017
$7,155
2%
$310,100
5%
2016
$6,999
3%
$295,300
4%
2015
$6,796
4%
$283,900
5%
2014
$6,551
2%
$270,400
4%
2013
$6,392
—
$260,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1901 Madison St
1901 Madison Street, Madison, WI 53711 (MLS# 2017303) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 1901 Madison Street is currently listed for $750,000 and was received on February 26, 2026. Want to learn more about 1901 Madison 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.

