New Listing
1140 E Johnson Street, Madison
$875,000
MLS® # 1997056, 3 days, Active
1342 Rutledge Street, Madison
$975,000
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
Don't miss this investment opportunity in the desirable Marquette neighborhood to build your Madison portfolio. This 3-flat home (ea unit 2 bed, 1 bath) is full of old world charm & has been well-maintained by the sellers & tenants. You'll immediately notice the stunning curb appeal & handsome brickwork! Inside, the original hardwood flooring, arched doorways, & crown molding create a warm & classy aesthetic. Bonus: a 4-car garage & new balconies on ea floor help renters enjoy outdoor space, too. Plus, 3 new furnaces! What's more, you're just one block from Lake Monona, two blocks from Orton Park- home to many summer festivals and family fun, and two blocks from Willy Street shopping & dining. Rents increase on 8/15/25- $1860 (#2); $1780 (#3), #1 possible owner occupy.
Realty Executives Cooper Spransy, shelley@madcitydreamhomes.com.
Essential Information
Status Active
Detailed Status Active
Days on Market 8
MLS® # 1997126
Price $975,000
Year Built 1932
Type Multi Family
Assessed Value $830,000
Year Assesed 2024
Net Taxes $14,610
Tax Year 2024
Utilities Separate elec meters, Separate gas meters
Parking Per Unit 552
Exterior Stone, Brick/Stone
Community Information
Address 1342 Rutledge Street
MLS® Area MADISON - C E01
City Madison
County Dane
State WI
Zip Code 53703
School Information
Property Overview
2 Bedroom Units 3
Total Units 3
# of Water Heaters 3
# of Water Softeners 1
Heat Fuel Natural Gas
# of Stoves 3
# of Refrigerators 3
# of Dishwashers 3
Units with AC 3
# of Washers 3
# of Dryers 3
Unit 1 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 8/14/2025
Monthly Rent $1,615
Square Feet 1,331
Parking 1 Car Garage
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 8/14/2026
Monthly Rent $1,650
Square Feet 1,331
Parking 1 Car Garage
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 8/14/2026
Monthly Rent $1,700
Square Feet 994
Parking 1 Car Garage
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 4 Details
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning TR-V1
Short Sale No
REO / Bank Owned No
Map Views
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Data provided by the South Central Wisconsin MLS as of 04/23/2025.
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