Listing Courtesy of: Stark Company, REALTORS
Listing Agent: Chris Stark
Pref: 608-443-4824
Exceptional multi-family investment opportunity on Madison's west side. Westward Manor features 32 units - 24 efficiencies and 8 one-bedroom layout options - totaling 21,108 gross sq. ft. Built in 1984, high occupancy (96.9%) and potential for rent improvement. Roof replacement in 2017. Each unit is equipped with individual PTAC Heating & Cooling units, dedicated basement storage and off-street surface parking. On-site coin-operated laundry facilities add convenience. Prime location near Research Park, Madison Area Technical College and local transit. A turnkey multi-family asset ready for your portfolio.
| Mls #: | 2031155 |
|---|---|
| List Price: | $3,500,000 |
| Class: | Multi Family |
| Status: | Active |
| Net Taxes: | $49,534 |
| Est. Total Acres: | 0.83 |
| Waterfront Y/N: | No |
| Municipality: | Madison |
| County: | Dane |
| ZIP: | 53717 |
| Year Built: | 1984 |
| Number Of Units: | 32 |
| Location: | Madison-C W07 |
| State: | WI |
| C/T/V: | City |
| U1 Landlord Pays Heat: | No |
| U1 Landlord Pays Electric: | No |
| U1 Landlord Pays Wtr/Sew: | Yes |
| U2 Landlord Pays Heat: | No |
| U2 Landlord Pays Electric: | No |
| U2 Landlord Pays Wtr/Sew: | Yes |
| Heating Type: | Other |
| Zoning: | commercial |
| High School: | Memorial |
| Middle School: | Jefferson |
| Elementary: | Muir |
| Heating Fuel: | Electric |
| Unit 1: | 101 |
| U1 Lease Expiration Date: | 07/31/2027 |
| U1 Parking: | 1 Space |
| Unit 2: | 102 |
| U2 Lease Expiration Date: | 7/31/2027 |
| U2 Parking: | 1 Space |
| Unit 3: | 103 |
| U3 Lease Expiration Date: | 11/30/2026 |
| U3 Parking: | 1 Space |
| # Water Heaters: | 2 |
| # Water Softeners: | 0 |
| # Stoves: | 32 |
| # Refrigerators: | 32 |
| # Dish Washers: | 32 |
| # Washers: | 0 |
| # Dryers: | 0 |
| # Units W/Ac: | 32 |
| U1 # Bedrooms: | 1 |
| U1 Full Baths: | 1 |
| U1 Half Baths: | 0 |
| U2 # Bedrooms: | 1 |
| U2 Full Baths: | 1 |
| U2 Half Baths: | 0 |
| U3 # Bedrooms: | 0 |
| Total Assess Year: | 2025 |
| Tax Year: | 2025 |
| Number Of Efficiencies: | 24 |
| Number Of 1 Bedrooms: | 8 |
| Number Of 2 Bedrooms: | 0 |
| Parking Stalls Inside: | 0 |
| # Furnaces: | 0 |
| U1 Sq Ft: | 696 |
| Number Of 3+ Bedrooms: | 0 |
| U2 Sq Ft: | 696 |
| U3 Full Baths: | 1 |
| U3 Half Baths: | 0 |
| Parking Spaces Outside: | 32 |
| U3 Sq Ft: | 418 |
| Land Assess: | $319,000 |
| Improvements: | $2,341,000 |
| Total Assess: | $2,660,000 |
| Total Income: | $364,020 |
| U3 Landlord Pays Heat: | No |
| U3 Landlord Pays Electric: | No |
| U3 Landlord Pays Wtr/Sew: | Yes |
| Unit 1 Dining Area Lvl: | M |
| Unit 1 Kitchen Lvl: | M |
| Unit 1 Living/Great Rm Lvl: | M |
| Unit 1 Master Bed Rm Lvl: | M |
| Unit 2 Dining Area Lvl: | M |
| Unit 2 Kitchen Lvl: | M |
| Unit 2 Living/Great Rm Lvl: | M |
| Unit 2 Master Bed Rm Lvl: | M |
| Source Of Est. Acres: | Assessor |
| Source Of Year Built: | Assessor |
| Unit 1 Dining Area Dim: | 11x9 |
| Unit 1 Kitchen Dim: | 7x8 |
| Unit 1 Living/Great Rm Dim: | 14x11 |
| Unit 1 Master Bed Rm Dim: | 14x11 |
| Unit 2 Dining Area Dim: | 11x9 |
| Unit 2 Kitchen Dim: | 7x8 |
| Unit 2 Living/Great Rm Dim: | 14x11 |
| Unit 2 Master Bed Rm Dim: | 14x11 |
| County Qtr Section: | West Metro Madison |
| School District: | Madison |
| Parcel Id: | 0708-233-0201-6 |
| U1 Mo Rent: | $965 |
| U2 Mo Rent: | $925 |
| U3 Mo Rent: | $910 |
| Type: | Apartment building |
| Exterior: | Wood, Brick |
| Basement: | Full, Poured concrete foundatn, Laundry facilities, Unfinished |
| Water/Waste: | Municipal water, Municipal sewer |
| Utilities: | Separate elec meters, Sewer Included, Water Included |
| Unit 1: | Air conditioning, Range/oven, Refrigerator, Dishwasher, Individual heat control, Separate Storage Unit Inc, Shared basement |
| Unit 2: | Air conditioning, Range/oven, Refrigerator, Dishwasher, Separate Storage Unit Inc, Individual heat control, Shared basement |
| Unit 3: | Eat-in kitchen, Air conditioning, Range/oven, Refrigerator, Separate Storage Unit Inc, Individual heat control, Shared basement |
| Miscellaneous: | Shared laundry, Close to bus line, Water Softener Owned |
| Directions: | West Beltline head east on Mineral Point, left or North on Randolph Drive and west on Westward Way |
| Items Included: | 32 stoves, 32 refrigerators, 32 dishwashers, 32 wall heat/air conditioners(PTAC units - controls heat and a/c in units) |
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South Central Wisconsin Multiple Listing Service data last updated on October 08, 2026 04:31 PM - CT.
Property Last Updated: October 08, 2026 04:31 PM - CT
