$675,000

1046 E Gorham St Unit 2 Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated payment $4,432/month

Total Views 5,448
-- Bed
-- Bath
2,565 Sq Ft
$263 Price per Sq Ft

Highlights

  • Wood Flooring
  • Property is near a bus stop
  • Dining Room
  • Balcony
  • Forced Air Heating System
  • 4-minute walk to Giddings Park

About This Home

Don’t miss this rare opportunity to own a well-maintained two-flat in one of Madison’s most desirable Isthmus neighborhoods. This versatile property features a spacious 2-bedroom, 1-bath lower unit and a bright and airy 3-bedroom, 1-bath upper unit-ideal for owner-occupants, investors, multi-generational living, or convert back to single-family home. The lower unit boasts a great layout with hardwood floors, large windows and a large primary bedroom. The upper unit offers three generous bedrooms, cozy living area, and charming architectural details and woodwork throughout. Ample off-street parking. Located just minutes from Capitol, UW-Madison and walking distance to parks, lakes, grocery store, Breese Stevens Field, The Sylvee, local shops, and restaurants, this property offers it all!

Listing Agent

Victoria LaBrosse

The Frugal Broker LLC Brokerage Email: scottwgad@gmail.com License #60215-90 Listed on: 07/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,049

Year Built

  • Built in 1899

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Dining Room
  • Wood Flooring
  • Oven or Range
  • Washer and Dryer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Shared Basement
  • Basement Windows

Parking

  • 4 Open Parking Spaces
  • Outside Parking

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Internet Available

Additional Features

  • Balcony
  • 3,920 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0709-132-0226-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,049

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Active
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down, SingleFam zoned MultiFam
  • Items Excluded: Any personal property of Seller.
  • Items Included: Refrigerator (2), Stoves (2), Washer (1), Dryer (1), Microwave (1)
  • Miscellaneous: Shared laundry, Close to bus line, Internet -Fiber Available
  • Year Built: 1899
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Full size windows/Exposed, Walkout to yard
  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Washers: 1
  • Number Water Heaters: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • School District: Madison
  • Elementary School: Lapham/Marquette
  • Middle School: OKeeffe
  • High School: East
  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.09
  • Zoning: TR-C4
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 97800
  • Improvements: 369700
  • Total Assessment: 467500
  • Assessment year: 2024
  • Net Taxes: 9049
  • Tax Year: 2024
  • Assessor Parcel Number: 0709-132-0226-7

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18,100 $467,500 $97,800 $369,700
2023 $8,727 $436,900 $97,800 $339,100
2021 $8,669 $385,200 $90,600 $294,600
2020 $7,742 $356,700 $84,700 $272,000
2019 $7,153 $330,300 $77,000 $253,300
2018 $6,819 $314,600 $74,000 $240,600
2017 $6,668 $286,000 $74,000 $212,000
2016 $6,153 $260,000 $68,500 $191,500
2015 $5,663 $237,100 $58,700 $178,400
2014 $5,666 $237,100 $58,700 $178,400
2013 $5,076 $228,000 $56,400 $171,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 For Sale $675,000 +159.6% $263 / Sq Ft
09/25/2015 09/25/15 Sold $260,000 +4.0% $101 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $249,900 -- $97 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $260,000 Attorney
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $291,750 New Conventional
Previous Owner $255,290 FHA
Previous Owner $180,000 Unknown
Source: Public Records

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Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2005320

South Central Wisconsin Multiple Listing Service

APN: 0709-132-0226-7