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$278,500
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Property Description
Investor alert! This vacant 2-flat in Madison features a flexible layout with a 2-bedroom main level unit and a 1-bedroom upper unit?perfect for an owner-occupant to live upstairs while renovating the main floor. With some updates and creativity, this property could be transformed into a charming duplex or easily converted into a single-family home. The house backs up to Starkweather Creek, offering a serene backyard setting, while still being conveniently located near parks, bike trails, and public transit. Seller has never lived in the property and is being sold "as is" condition.
Full Property Details
Full Property Details for 514 McCormick Ave
General
- Sold For: $278,500
- Taxes: $4,114 (2023)
- Status: Closed
- Type: Multi-Family
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2001040
- Added to Site: 234 day(s) ago
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: 2 Spaces
- Garage Description: 1 Car
Location
- Municipality: Madison
- County: Dane
- Driving Directions: East Washington Ave to N on McCormick Ave., Or Commercial Ave to S on McCormick Ave.
School Information
- School District: Madison
- Elementary School: Emerson
- Middle School: Sherman
- High School: East
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: 2 Flat Up and Down
- Exterior Const.: Aluminum/Steel
- Basement Desc.: Full, Block
- Year Built: 1927
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 764
- Bedrooms: 2
Unit 2
- Square Feet: 499
- Bedrooms: 1
- Primary Bedroom: Upper Level, 10 x 10
- Living Room: Upper Level, 14 x 11,
- Kitchen: Main Level, 11 x 9,
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: Res
Water Features
- Water Front Name: Starkweather Creek
- Water Front Desc.: Water Frontage on Lot
Financial Considerations
- Tax Amount: $4,114
- Tax Year: 2023
Disclosures and Reports
- Inclusions: refrigerator and window coverings
Listed by Stauter Homes LLC
Sold by Keller Williams Realty
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Schools
Schools serving 514 McCormick Ave
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Emerson Elementary School, Madison, WI 2421 East Johnson Street, Madison, WI 53704 | PK-5 | 0.7 mi |
Sherman Middle School 1610 Ruskin Street, Madison, WI 53704 | 6-8 | 1.3 mi |
East High School, Madison, WI 2222 East Washington Avenue, Madison, WI 53704 | 9-12 | 0.9 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 514 McCormick Ave
Date
Details
Price
Change
Source
7/15/2025
Sold
$278,500
-7.14%
MLS
5/30/2025
Listed
$299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
514 McCormick Avenue, Madison, WI 53704 (MLS# 2001040) is a Multi-Family property that was sold at $278,500 on July 15, 2025. Want to learn more about 514 McCormick Avenue? 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.

