3505 Graceland Avenue

Madison, WI 53704

$514,900
Price
4
Beds
2
Baths
2,040 Sq. Ft.
$252 / Sq. Ft.
2,040
Sq. Ft.
$252
per Sq. Ft.

Description

Completed in 2022, this mint condition 2-unit home is turnkey and checks all the boxes! The 2nd floor 'Owner's Suite' has been occupied by the builder since completion, and is now vacant and ready for move-in. Your mortgage payments will be offset by the 1st floor tenant, who has also lived at the property since it was first built and is leased through August of 2025. Built to last and easy to maintain - with a steel roof, tile and LVP floors, a fenced in yard and a thoughtful layout. It is easy...Completed in 2022, this mint condition 2-unit home is turnkey and checks all the boxes! The 2nd floor 'Owner's Suite' has been occupied by the builder since completion, and is now vacant and ready for move-in. Your mortgage payments will be offset by the 1st floor tenant, who has also lived at the property since it was first built and is leased through August of 2025. Built to last and easy to maintain - with a steel roof, tile and LVP floors, a fenced in yard and a thoughtful layout. It is easy to rent and located in an increasingly walkable pocket of the East Side.
  1. Listed by Leslie Boyea • Quorum Enterprises, Inc

Property Details for 3505 Graceland Avenue

Subdivision
Clyde A Gallagher
Zoning
TR-V1
LISTING UPDATED: 10/23/2024 03:45 PM

Property Details for 3505 Graceland Avenue

StatusActive
MLS #1986645
Days on Market44
Taxes$6,933 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2 story
Year Built2022
Lot Size0.11 AC / 4,791 SF
CountyDane County

Building Information for 3505 Graceland Avenue

Stories-Residences2Year Built2022Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 3505 Graceland Avenue

Summary
Location and General Information
  • C/T/V: City
  • County: Dane
  • County Qtr Section: East Metro Madison
  • Directions: Southwest on East Washington Ave, RT at Rowland Ave, LT on Graceland, house on left
  • Location: MADISON - C E08
  • Mailing City: Madison
  • Municipality: Madison
  • State: WI
  • Zip: 53704
Parking
  • Park/Unit: 2 spaces, Outside
  • Parking Spaces Outside: 4
  • Parking Stalls Inside: 0
School Information
  • Elementary: Hawthorne
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison
Taxes and HOA Information
  • Net Taxes: $6,933.00
  • Parcel ID: 0810-321-0321-0
  • Tax Year: 2023
Property
Property and Assessments
  • Class: Multi Family
  • Improvements: 362300
  • Land Assess: $44,800.00
  • Legal Documents: Condition report on file
  • Miscellaneous: Close to bus line, Water Softener Owned, Fenced yard, Internet - Cable
  • Total Assess: $407,100.00
  • Total Assess Year: 2024
  • Type: 2 story, 2 flat-up and down
  • Year Built: 2022
Lot Information
  • Estimated Total Acres: 0.11
  • Source of Est. Acres: Seller
  • Source of Year Built: Builder
Utilities
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters
  • Water/Waste: Municipal water, Municipal sewer
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl, Aluminum/Steel, Wood
Interior Features
  • Items Included: 2 fridges, 2 ranges, 2 microwaves, 2 washers, 2 dryers combos, 2 water heaters, 2 dishwashers, 2 water softners
  • Items Excluded: sellers and tenants personal property
  • Number of Dish Washers: 2
  • Number of Dryers: 2
  • Number of Furnaces: 2
  • Number of Stoves: 2
  • Number of Refrigerators: 2
  • Number of Washers: 2
  • Number of Water Heaters: 2
  • Number of Water Softeners: 2
  • Basement: Crawl space, Sump pump
  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Number of Efficiencies: 0
Room Information
Bedrooms
  • Number of 1 Bedrooms: 0
  • Number of 2 Bedrooms: 2
  • Number of 3+ Bedrooms: 0
Multi Family
Unit Information
  • Number of Units w/AC: 0
  • Number of Units: 2
Income & Expenses Information
  • Net Operating Income Year: 2023
  • Total Income: $34,500
Unit 1
  • U1 Landlord Pays Heat: No
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Water/Sewer: No
  • Unit 1: Family/Rec rm,Eat-in kitchen,Balcony/patio,Range/oven,Refrigerator,Dishwasher,Washer/dryer,Individual heat control,In-unit laundry
  • U1 Parking: 2 Space
  • U1 Number of Bedrooms: 2
  • U1 Full Baths: 1
  • U1 Half Baths: 0
  • U1 SqFt: 1020
  • Unit 1 Kitchen Level: U
  • Unit 1 Living/Great Room Level: U
  • Unit 1 Primary BedRoom Level: U
  • Unit 1 Bedroom 2 Level: U
  • Unit 1 Bedroom 2 Dimensions: 12x13
  • Unit 1 Kitchen Dimensions: 8x17
  • Unit 1 Living/Great Room Dimensions: 14x17
  • Unit 1 Primary BedRoom Dimensions: 12x14
Unit 2
  • U2 Landlord Pays Heat: No
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Water/Sewer: No
  • Unit 2: Family/Rec rm,Eat-in kitchen,Range/oven,Refrigerator,Dishwasher,Washer/dryer,Separate Storage Unit Inc,Individual heat control,In-unit laundry,Private basement
  • U2 Parking: 2 Space
  • Unit 2 Bedroom 2 Level: L
  • Unit 2 Kitchen Level: L
  • Unit 2 Living/Great Rm Level: L
  • Unit 2 Primary BedRm Level: L
  • Unit 2 Bedroom 2 Dimensions: 12x13
  • Unit 2 Kitchen Dimensions: 8x17
  • Unit 2 Living/Great Rm Dimensions: 14x17
  • Unit 2 Primary BedRm Dimensions: 12x14
  • U2 Number of Bedrooms: 2
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 SqFt: 1020

Property History for 3505 Graceland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3505 Graceland Avenue

Taxable ValueLand$42,300Additions$341,800Total$384,100
Tax Record2022$7,039 ($587 / month)
Home Facts
Total Finished SqFt2,040 SqFtAbove Grade Finished SqFt2,040 SqFtStories2Lot Size4,800 SqFtStyleDuplexYear Built2021ZoningTR-V1CountyDANEAPN0810-321-0321-0

Schools near 3505 Graceland Avenue

This home is within Madison Metropolitan School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Hawthorne Elementary School
PublicPK to 5

O'keeffe Middle School
Public6 to 8

East High School
Public9 to 12

Shabazz-City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3505 Graceland Avenue is a multi-family home for sale in Madison, WI 53704. This property was listed for sale on September 26, 2024 by Quorum Enterprises, Inc, it's currently listed at $514,900. It has been on the market for a total of 44 days and was last sold on October 25, 2019. This listing's school district is Madison Metropolitan School District. Nearby schools include Hawthorne Elementary School, O'keeffe Middle School and East High School. 3505 Graceland Avenue is a 4-bed, 2-bath, 2,040 sqft multi-family home built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Quorum Enterprises, Inc

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 10/23/2024 03:45 PM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2024 – WiREx. – All Rights Reserved