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$143,900 Just Listed
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Property Description
INVESTOR & FLIPPER OPPORTUNITY! Bring your vision and renovation expertise to this 2-bedroom, 1-bath Sherman Terrace condo in a desirable Madison location! Conveniently situated near Lake Mendota, Tenney Park, downtown Madison, shopping, dining, and major commuter routes. This vacant unit offers an opportunity for investors, contractors, or experienced renovators looking to restore and add value. Considerable mold remediation, repairs, and updating are needed throughout. Property is being sold strictly AS IS, with seller making no repairs. Cash buyers and renovation investors encouraged. Excellent opportunity to transform this diamond in the rough into an attractive residence in an established neighborhood. Bring your contractor and explore the potential!
Full Property Details
Full Property Details for 4 Sherman Terrace #6
General
- Price: $143,900
- HOA FEE: $360
- Taxes: $3,213 (2025)
- Status: Active
- Type: Condo
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1985273
- Updated: 10/17/2026
- Added to Site: 5 day(s) ago
Interior
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom: At least one Bathtub, Off Master Bedroom
Bedrooms
- Total Bedrooms: 2
- Bedroom 1: 12 x 10
- Bedroom 2: 11 x 10
Other Rooms
- Living Room: 12 x 16
- Kitchen: 11 x 9
Additional Information
- Shared Amenities: Common Green Space, Near Public Transit
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: Surface
Location
- County: Dane
- Condo Project Name: Sherman Terrace
- Driving Directions: Sherman Ave. to Sherman Terrace
School Information
- School District: Madison Metropolitan
- Elementary School: Emerson
- Middle School: Sherman
- High School: East
Community
- Assoc. Fees Include: Common Area Insurance, Common Area Maintenance, Lawn Maintenance, Parking, Replacement Reserve, Sewer, Snow Removal, Trash Collection, Water
Heating & Cooling
- Heating/Cooling: Forced Air
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: Mid-Rise: 3 to 5 Stories
- Exterior Const.: Brick
- Basement Desc.: None
- Square Feet: 852
- Year Built: 1949
Unit Information
- Units in Building: 6
- Units in Complex: 217
- Unit Floor in Bldg.: 3
- Unit Type: 1 Story
Lot Features
- Zoning: RES
Financial Considerations
- Association Fee: $360
- Tax Amount: $3,213
- Tax Year: 2025
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Schools
Schools serving 4 Sherman Terrace #6
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Emerson Elementary School, Madison, WI 2421 East Johnson Street, Madison, WI 53704 | PK-5 | 0.8 mi |
Sherman Middle School 1610 Ruskin Street, Madison, WI 53704 | 6-8 | 1.5 mi |
East High School, Madison, WI 2222 East Washington Avenue, Madison, WI 53704 | 9-12 | 0.6 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 4 Sherman Terrace #6
Date
Details
Price
Change
Source
10/17/2026
Listed
$143,900
—
MLS
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 4 Sherman Terrace #6
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,767
12%
$161,000
10%
2022
$2,460
5%
$146,400
14%
2021
$2,335
-1%
$128,400
14%
2021
$2,354
—
$112,600
4%
2020
$2,354
-5%
$108,300
8%
2019
$2,491
12%
$100,300
14%
2018
$2,226
16%
$88,000
23%
2017
$1,922
9%
$71,400
14%
2016
$1,769
6%
$62,600
9%
2015
$1,664
22%
$57,400
2%
2014
$1,364
-20%
$56,300
—
2013
$1,704
—
$56,300
—
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 4 Sherman Terrace #6
4 Sherman Ter #6, Madison, WI 53704 (MLS# 1985273) is a Condo property with 2 bedrooms and 1 full bathroom. 4 Sherman Ter #6 is currently listed for $143,900 and was received on October 17, 2026. Want to learn more about 4 Sherman Ter #6? Do you have questions about finding other Condo real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

