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$420,000
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Property Description
Downtown Madison 2-unit investment opportunity! Main level: 1BR/1Bth, spacious kitchen & large living room. 2nd floor: 2BR/1Bth, newly remodeled bathroom, generous living room, eat-in kitchen. Shared laundry in basement, 3 parking spots in rear - not common in this area! Directly on bus route w/ shelter, perfect for public transit users. Rents include all utilities, significantly below market - serious upside to increase rents or bill back utilities. Exterior needs some TLC, but prime location & parking have always ensured quick rentals. Huge unfinished walk-up attic offers expansion potential. Ideal for investors to grow portfolio, start in downtown Madison, or owner-occupy one unit & rent the other.
Full Property Details
Full Property Details for 902-904 E Gorham St
General
- Sold For: $420,000
- Taxes: $6,693 (2023)
- Status: Closed
- Type: Multi-Family
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 1999651
- Added to Site: 326 day(s) ago
Interior
- Interior Features: Water Softener, High-Speed Internet
Parking
- Parking Features: 2 Spaces, Outside
Location
- Municipality: Madison
- County: Dane
- Driving Directions: Corner of E. Gorham and N. Paterson 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: 2 Stories, 2 Flat Up and Down
- Exterior Const.: Wood
- Basement Desc.: Full
- Year Built: 1914
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 1000
- Bedrooms: 1
Unit 2
- Square Feet: 1000
- Bedrooms: 2
- Primary Bedroom: Main Level, 10 x 11
- Bedroom 2: Main Level, 10 x 11
- Living Room: Main Level, 10 x 18,
- Kitchen: Main Level, 12 x 13,
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: TR-C4
Financial Considerations
- Tax Amount: $6,693
- Tax Year: 2023
Listed by Rockwood Realty Group
Sold by Stark Company, REALTORS
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Price & Sales History for 902-904 E Gorham St
Date
Details
Price
Change
Source
6/12/2025
Sold
$420,000
-4.52%
MLS
5/13/2025
Listed
$439,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
902-904 E Gorham Street, Madison, WI 53703 (MLS# 1999651) is a Multi-Family property that was sold at $420,000 on June 12, 2025. Want to learn more about 902-904 E Gorham Street? 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.

