1010 E Gorham Street, Madison

$659,900

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Your investment portfolio starts here, in the beautiful Tenney-Lapham neighborhood. This two-flat property is the heart of Madison, and beautifully showcases turn-of-the-20th-century details you can't pay for today: original woodworking, hardwood flooring, large bay windows, and pocket doors. The main floor is a lovely 2-bed/1-bath unit, and the remodeled upper unit is the 2nd & 3rd floor of the property, boasting 2 beds/1 bath w/a 3rd non conforming bed or Flex space. This property is the ideal opportunity to capitalize on the ease of established tenants or owner-occupancy. One block from Giddings Park with incredible sunset views, and walkable to Madison favorites like James Madison Park (w/ year-round activities), Tenney Park (w/ boat launch), Johnson Street shopping and dining, and just two miles from the Capitol Square. Don't miss seeing this one in person!

Realty Executives Cooper Spransy, lane@dreamlanere.com.

Essential Information
Status Active
Detailed Status Active
Days on Market 21
MLS® # 2022385
Price $659,900
Year Built 1900
Type Multi Family
Assessed Value $556,800
Year Assesed 2026
Net Taxes $9,528
Tax Year 2025
Total Income $16,200
Total Expenses $14,784
Net OP Income $1,416
Parking Per Unit 2 spaces, Outside
Exterior Vinyl
Community Information
Address 1010 E Gorham Street
MLS® Area MADISON - C E01
City Madison
County Dane
State WI
Zip Code 53703
School Information
District Madison
Elementary Lapham/Marquette
Middle OKeeffe
High East
Property Overview
2 Bedroom Units 1
3 Bedroom Units 1
Total Units 2
# of Water Heaters 2
Heat Fuel Natural Gas
# of Stoves 2
# of Refrigerators 2
# of Dishwashers 1
# of Washers 1
# of Dryers 1
Unit 1 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 08/31/27
Monthly Rent $1,350
Square Feet 1,146
Parking 1 Space
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires owner
Square Feet 1,298
Parking 1 Space
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Additional Information
Zoning TR-C4
Short Sale No
REO / Bank Owned No
Property History
Status Changed from Delayed to Active
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DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data provided by the South Central Wisconsin MLS as of 07/12/2026.

Copyright 2026 – (South Central Wisconsin MLS) – All Rights Reserved

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