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$629,900 Just Listed
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Property Description
Turn-key cash-flow on Madison?s East Side! This all-brick 4-unit building offers immediate rental income and low-maintenance upkeep. 3 of 4 units are already leased through mid-2027, providing rock-solid stability from day one. The final unit is vacant and open for immediate viewing?perfect for a house-hack or placing a new tenant at current market rates. Every unit features durable, turnover-friendly hard-surface flooring throughout (no carpet to replace!). Conveniently located near parks, dining, and transit. A rare, high-performing addition to your portfolio! **Boiler Heat.
Full Property Details
Full Property Details for 701 Pinecrest Dr
General
- Price: $629,900
- Taxes: $8,692 (2025)
- Status: Active
- Type: Apartment
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2027442
- Updated: 7/6/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Water Softener
Parking
- Parking Features: Outside
Location
- Municipality: Madison
- County: Dane
- Driving Directions: North on Fair Oaks, west on Burke. Located on corner of Burke & Pinecrest.
School Information
- School District: Madison
- Elementary School: Hawthorne
- Middle School: Okeeffe
- High School: East
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Other
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
- Utility Description: Separate Electric Meters
Structural Information
- Description/Design: Apartment Building, 2 Stories
- Exterior Const.: Brick, Stone
- Basement Desc.: Full
- Year Built: 1957
Unit Information
- Units in Building: 4
Unit 1
- Square Feet: 850
- Bedrooms: 2
Unit 2
- Square Feet: 650
- Bedrooms: 1
- Primary Bedroom: Main Level, 0 x 0
- Kitchen: Main Level, 0 x 0,
Unit 3
- Bedrooms: 2
Unit 4
- Bedrooms: 1
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: TR-V1
Financial Considerations
- Tax Amount: $8,692
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Seller/Tenant Personal Property
- Inclusions: 4 stoves, 4 refrigerators, 4 garbage disposals, 1 washer, 1 dryer
Listed by Design Realty LLC
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Schools
Schools serving 701 Pinecrest Dr
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Hawthorne Elementary School, Madison, WI 3344 Concord Avenue, Madison, WI 53714 | PK-5 | 0.4 mi |
O'keeffe Middle School 510 South Thornton Avenue, Madison, WI 53703 | 6-8 | 1.9 mi |
East High School, Madison, WI 2222 East Washington Avenue, Madison, WI 53704 | 9-12 | 1.3 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 701 Pinecrest Dr
Date
Details
Price
Change
Source
7/06/2026
Listed
$629,900
179.21%
MLS
7/24/2017
Sold
$225,600
—
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 701 Pinecrest Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,251
41%
$470,800
43%
2022
$5,860
-10%
$330,000
10%
2021
$6,493
1%
$300,000
-2%
2021
$6,459
—
$306,000
5%
2020
$6,459
5%
$291,000
5%
2019
$6,169
—
$277,000
—
2018
$6,165
4%
$277,200
10%
2017
$5,955
-16%
$252,200
5%
2016
$7,050
—
$240,200
5%
2015
$7,070
35%
$229,200
6%
2014
$5,238
-15%
$216,200
—
2013
$6,174
—
$216,200
—
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 701 Pinecrest Dr
701 Pinecrest Drive, Madison, WI 53714 (MLS# 2027442) is a Apartment property with 0 bedrooms and 0 full bathrooms. 701 Pinecrest Drive is currently listed for $629,900 and was received on July 06, 2026. Want to learn more about 701 Pinecrest Drive? 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.

