1802-1806 LOFTSGORDON Avenue new

Madison,WI 53704

$ 450000

6 Beds

2 Baths

2016 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex-side by side,1 story

Listing Status Active

Purchase Type For Sale

Square Footage 2,016 sqft

Price per Sqft $223

Subdivision Clyde A. Gallagher

MLS Listing ID 2012400

Bedrooms 6

Full Baths 2

Year Built 1953

Annual Tax Amount $6,787

Tax Year 2024

Lot Size 6,098 Sqft

Property Sub-Type Duplex-side by side,1 story

Property Description

Showings begin 11/22. Fantastic opportunity for investors to secure a cash-flowing duplex in North Madison's Clyde A. Gallagher neighborhood, close to parks and Maple Bluff Country Club. Both units are currently leased through mid-2026, providing immediate, stable income (Unit 1802 lease ends 6/20/26 | Unit 1806 lease ends 5/31/26). Median market rent is $1900/month, so opportunity to raise one side $500 per month! Each side offers 1,008 sq ft and an open, renter-friendly layout. A detached 2-car garage and strong location help attract long-term tenants and minimize vacancy. A low-maintenance, high-demand addition to any investment portfolio.

Location

State WI

County Dane

Area Madison - C E04

Zoning TR-C4

Interior

Heating Forced air

Inclusions See Addendum R

Exterior

Parking Features 1 stall garage,2 stall garage,Detached

Utilities Available Separate elec meters,Separate gas meters,Separate water meters

Building

Water Municipal sewer,Municipal water

Structure Type Stucco

Schools

Elementary Schools Mendota

Middle Schools Sherman

High Schools East

School District Madison

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