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$506,000 Just Listed

  • For Sale
  • Active
  • Apartment
  • Updated 3 hours ago
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Under rented 3 unit just minutes from the Capitol Square. Building includes two 2 beds and one 1 bed. Ample dedicated parking in back. Adjacent property 2027 E Washington (4 unit) is also available for $676,000. On site coin operated laundry. Landlord pays water/sewer. Tenants pay gas/electric directly to MGE. In place annual income is $48,180 + laundry. Seller's preferred closing date is on or before 6/17/2026.

Full Property Details for 2031 Washington Ave

General

  • Price: $506,000
  • Taxes: $7,586 (2025)
  • Status: Active
  • Type: Apartment
  • Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
  • MLS ID: 2021940
  • Updated: Today (4/29/2026)
  • Added to Site: Today

Parking

  • Parking Features: 1 Space, Outside

Location

  • Municipality: Madison
  • County: Dane
  • Driving Directions: E. Washington between N. 2nd and N. 3rd st.

School Information

  • School District: Madison
  • Elementary School: Lapham/Marquette
  • Middle School: Okeeffe
  • High School: East

Heating & Cooling

  • Heating Fuel: Natural Gas
  • Heating/Cooling: Radiant/Electric

Utilities

  • Water/Sewer: Municipal Water, Municipal Sewer

Structural Information

  • Description/Design: Apartment Building
  • Exterior Const.: Aluminum/Steel, Other
  • Basement Desc.: Full
  • Year Built: 1884

Unit Information

  • Units in Building: 3

Unit 1

  • Bedrooms: 2

Unit 2

  • Bedrooms: 2

Unit 3

  • Bedrooms: 1

Lot Features

  • Lot Size Source: Assessor/Public Record
  • Zoning: TR-V1

Financial Considerations

  • Tax Amount: $7,586
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Tenant's personal property
  • Inclusions: Seller owned, on site, appliances, HVAC, water heater(s), water softener(s)

Listed by The Hub Realty

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— 2031 Washington Ave —

  • The Hub Realty

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NMLS#: 1598647

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Schools serving 2031 Washington Ave

School District:Madison Metropolitan School District
NameGradesDistance
Marquette Elementary School, Madison, WI
1501 Jenifer Street, Madison, WI 53703
3-50.6 mi
Lapham Elementary School
1045 East Dayton Street, Madison, WI 53703
PK-21 mi
O'keeffe Middle School
510 South Thornton Avenue, Madison, WI 53703
6-80.6 mi
East High School, Madison, WI
2222 East Washington Avenue, Madison, WI 53704
9-120.2 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 2031 Washington Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/29/2026
Listed
$506,000
-25.59%
MLS
7/28/2022
Sold
$680,000
—
Public Record
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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 2031 Washington Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,586
15%
$411,500
9%
2024
$6,599
-4%
$377,500
25%
2022
$6,900
-3%
$302,000
-14%
2021
$7,131
3%
$352,500
5%
2021
$6,904
—
$335,700
8%
2020
$6,904
5%
$310,800
5%
2019
$6,598
5%
$296,000
5%
2018
$6,271
6%
$281,900
10%
2017
$5,900
4%
$256,300
7%
2016
$5,661
9%
$239,500
10%
2015
$5,193
8%
$217,700
10%
2014
$4,794
—
$197,900
3%
2013
$4,790
—
$192,100
—
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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2031 Washington Avenue, Madison, WI 53704 (MLS# 2021940) is a Apartment property with 0 bedrooms and 0 full bathrooms. 2031 Washington Avenue is currently listed for $506,000 and was received on April 29, 2026. Want to learn more about 2031 Washington Avenue? Do you have questions about finding other Apartment 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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