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$3,500,000 Just Listed
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Property Description
Show 8/26. Exceptional multi-family investment opportunity on Madison's west side. Westward Manor features 32 units - 24 efficiencies and 8 one-bedroom layout options - totaling 21,108 gross sq. ft. Built in 1984, high occupancy (96.9%) and potential for rent improvement. Roof replacement in 2017. Each unit is equipped with individual PTAC Heating & Cooling units, dedicated basement storage and off-street surface parking. On-site coin-operated laundry facilities add convenience. Prime location near Research Park, Madison Area Technical College and local transit. A turnkey multi-family asset ready for your portfolio.
Full Property Details
Full Property Details for 7502 Westward Way
General
- Price: $3,500,000
- Taxes: $49,534 (2025)
- Status: Active
- Type: Apartment
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2031155
- Updated: 8/24/2026
- Added to Site: Today
Interior
- Interior Features: Water Softener
Parking
- Parking Features: Outside
Location
- Municipality: Madison
- County: Dane
- Driving Directions: West Beltline head east on Mineral Point, left or North on Randolph Drive and west on Westward Way
School Information
- School District: Madison
- Elementary School: Muir
- Middle School: Jefferson
- High School: Memorial
Heating & Cooling
- Heating Fuel: Electric
- Heating/Cooling: Other
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
- Utility Description: Separate Electric Meters
Structural Information
- Description/Design: Apartment Building
- Exterior Const.: Wood, Brick
- Basement Desc.: Full, Poured Concrete
- Year Built: 1984
Unit Information
- Units in Building: 32
Unit 1
- Square Feet: 696
- Bedrooms: 1
Unit 2
- Square Feet: 696
- Bedrooms: 1
- Primary Bedroom: Main Level, 14 x 11
- Living Room: Main Level, 14 x 11,
- Kitchen: Main Level, 7 x 8,
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: commercial
Financial Considerations
- Tax Amount: $49,534
- Tax Year: 2025
Disclosures and Reports
- Inclusions: 32 stoves, 32 refrigerators, 32 dishwashers, 32 wall heat/air conditioners(PTAC units - controls heat and a/c in units)
Listed by Stark Company, REALTORS
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Schools
Schools serving 7502 Westward Way
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Muir Elementary School, Madison, WI 6602 Inner Drive, Madison, WI 53705 | K-5 | 1.1 mi |
Jefferson Middle School, Madison, WI 101 S Gammon Rd, Madison, WI 53717 | 6-8 | 0.7 mi |
Memorial High School, Madison, WI 201 South Gammon Road, Madison, WI 53717 | 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 7502 Westward Way
Date
Details
Price
Change
Source
8/24/2026
Listed
$3,500,000
—
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 7502 Westward Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$43,926
21%
$2,486,000
15%
2022
$36,217
6%
$2,162,000
18%
2021
$34,161
—
$1,832,000
15%
2021
$34,004
—
$1,593,000
5%
2020
$34,004
7%
$1,517,000
7%
2019
$31,906
5%
$1,418,000
5%
2018
$30,324
6%
$1,350,000
10%
2017
$28,593
-3%
$1,229,000
—
2016
$29,382
4%
$1,229,000
5%
2015
$28,253
5%
$1,170,000
5%
2014
$26,988
-2%
$1,114,000
—
2013
$27,637
—
$1,114,000
—
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 7502 Westward Way
7502 Westward Way, Madison, WI 53717 (MLS# 2031155) is a Apartment property with 0 bedrooms and 0 full bathrooms. 7502 Westward Way is currently listed for $3,500,000 and was received on August 24, 2026. Want to learn more about 7502 Westward Way? 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.

