The Best Value Properties in Madison, WI
• • ☕️ 3 min read • By Noah Blumberg •
The best place to live in the entire U.S. is Madison, Wisconsin, according to livability. Madison gets good marks in most any category you can think of --infrastructure, economy, recreation, education, healthcare, etc. In addition, it's only about an hour to Milwaukee and about two hours to Chicago, if you want access to larger metropolitan areas. Given that "since March 2020, more than 42% of the U.S. population has either moved or considered moving", you may already be looking at Madison as a destination.
The Properties
One of the first things people think of when they think of Madison, WI is the University of Wisconsin. For an investor, a university means a steady stream of renters which can cut down on the risk of vacancy in your rental. There are some great choices for multi-family real estate properties which dominate the top of our list. Our #1 property in Madison is a duplex with great rental potential. 4 bedrooms in each unit could make for an efficient income-generating property. The price is only a smidge above the median price for Madison.
For a great value in a single-family property take a look at the #22 property. The $275,000 price is very reasonable for the area, especially for a 3-bedroom home. Some updating is probably in order, but with some smart and creative choices, it could be a great investment or just a nicely priced home.
A Bit More About Madison
U.S. News and World Report also listed Madison among their best places to live. Business Insider does a fine job of breaking down the reasons. A vibrant culture, strong community, natural beauty, little poverty, great biking, downtown housing, and environmental friendliness all make the list. Basically it comes down to quality of life.
Here are the top 50 properties. To see them all or get a list for another city, order a custom list!Median List Price | Median Sqft | Median Lot Size(SqFt) | Median HOA Fee |
---|---|---|---|
$388,950 | 1,702 | 3,703 | $318 |
Score** | Property | ZipX** | Type | Beds | SqFt | Lot Size(sqft) | Price |
---|---|---|---|---|---|---|---|
30.46 | 2-4 Obrien Ct | 1.11 | multi family | 8 | 4136 | 15,246 | $460,000 |
24.18 | 6402-6404 Maywick Dr | 1.09 | multi family | 8 | 4186 | 14,375 | $589,900 |
22.98 | 3709 E Karstens Dr | 1.04 | multi family | 8 | 3080 | 12,632 | $445,000 |
20.88 | 113-115 Georgiana Cir | 1.07 | multi family | 6 | 2470 | 20,038 | $374,900 |
19.90 | 2 S Mills St | 1.15 | multi family | 11 | 3936 | 6,098 | $875,000 |
19.14 | 30 Turnwood Cir | 1.23 | single family | 4 | 11709 | 64,904 | $1,976,000 |
17.97 | 6817-6819 Park Ridge Dr | 1.11 | multi family | 6 | 2388 | 12,632 | $440,000 |
17.87 | 2346 Allied Dr Unit 2 | 1.16 | condo | 2 | 708 | 1 | $107,000 |
17.49 | 9309 Winter Frost Pl | 1.23 | single family | 5 | 4157 | 7,841 | $674,900 |
16.72 | 4312 Melody Ln Apt 208 | 1.04 | condo | 2 | 1064 | 1 | $139,900 |
16.64 | 2346 Allied Dr Unit 4 | 1.16 | condo | 2 | 708 | 1 | $105,000 |
16.64 | 2350 Allied Dr Unit 4 | 1.16 | condo | 2 | 708 | 1 | $105,000 |
16.56 | 4506 Jenewein Rd | 1.16 | condo | 3 | 1652 | 1 | $204,999 |
16.29 | 4603 Buckeye Rd | 1.07 | multi family | 3 | 1910 | 5,663 | $275,000 |
16.26 | 2346 Allied Dr Unit 1 | 1.16 | condo | 2 | 708 | 1 | $107,000 |
16.02 | 2418 Independence Ln Unit 201 | 1.04 | condo | 2 | 1064 | 1 | $139,900 |
15.90 | 2333 Carling Dr Unit 4 | 1.16 | condo | 2 | 718 | 1 | $110,000 |
14.88 | 1336 Jenifer St | 1.21 | multi family | 4 | 2388 | 4,356 | $424,900 |
14.71 | 2730 E Johnson St | 1.04 | single family | 2 | 1365 | 3,485 | $190,000 |
14.71 | 1417 Williamson St | 1.21 | single family | 5 | 2088 | 5,227 | $450,000 |
14.71 | 1417 Williamson St | 1.21 | multi family | 5 | 2088 | 5,227 | $450,000 |
14.35 | 8806 Nelson Xing | 1.23 | single family | 4 | 6386 | 21,780 | $1,250,000 |
14.32 | 4922 Marvin Ave | 1.16 | single family | 3 | 1776 | 9,148 | $275,000 |
14.30 | 209 N Spooner St | 1.44 | single family | 5 | 3112 | 6,098 | $800,000 |
13.89 | 1001 Kedzie St | 1.04 | single family | 4 | 1774 | 5,227 | $320,000 |
13.68 | 1909 Sherman Ave Apt 11 | 1.04 | condo | 3 | 860 | 1 | $150,000 |
13.39 | 215 Blooming Leaf Way | 1.23 | single family | 3 | 3016 | 4,356 | $500,000 |
13.27 | 2902 Rockwood Dr | 1.00 | single family | 3 | 1773 | 11,326 | $259,000 |
13.02 | 23 Mountain Ash Trl | 1.17 | single family | 3 | 2156 | 1 | $364,950 |
12.92 | 2725 E Johnson St | 1.04 | multi family | 2 | 2497 | 3,485 | $395,000 |
12.87 | 3138 Silverton Trl | 1.11 | single family | 2 | 1819 | 7,841 | $259,900 |
12.79 | 4906 Fond Du Lac Trl | 1.21 | single family | 5 | 2607 | 17,424 | $624,900 |
12.67 | 3321 Clove Dr | 1.04 | single family | 4 | 2110 | 8,276 | $350,000 |
12.50 | 9424 Ancient Oak Ln | 1.23 | single family | 5 | 2411 | 7,405 | $565,000 |
12.46 | 505 East Bluff | 1.04 | condo | 3 | 998 | 1 | $172,000 |
12.28 | 1233 Sherman Ave | 1.21 | condo | 4 | 1967 | 2,178 | $449,900 |
11.99 | 524 Burnt Sienna Dr | 1.24 | single family | 3 | 2882 | 9,583 | $580,000 |
11.97 | 2518 Dunwoody Dr | 1.00 | single family | 3 | 1696 | 10,454 | $285,000 |
11.84 | 102 Pine Ridge Trl | 1.17 | single family | 2 | 1976 | 1 | $335,000 |
11.80 | 3915 Maple Grove Dr | 1.11 | condo | 3 | 1441 | 1 | $259,000 |
11.67 | 33 Golf Course Rd Unit C | 1.04 | condo | 2 | 1103 | 1 | $159,900 |
11.63 | 502-504 Jacobson Ave | 1.11 | multi family | 4 | 1240 | 13,199 | $299,500 |
10.93 | 6403 Bridge Rd Unit 201 | 1.00 | condo | 2 | 1320 | 1 | $199,900 |
10.87 | 1027 Drake St | 1.15 | multi family | 3 | 2200 | 5,968 | $475,500 |
10.86 | 206 Knutson Dr | 1.04 | single family | 3 | 2412 | 13,504 | $449,900 |
10.75 | 5305 Felland Rd | 1.09 | single family | 4 | 1344 | 10,890 | $284,900 |
10.70 | 321 Glenthistle Ct | 1.21 | condo | 2 | 1983 | 1 | $399,900 |
10.68 | 1402 Wheeler Rd Unit A | 1.04 | condo | 2 | 1424 | 1 | $224,900 |
10.62 | 205 N Marquette St | 1.04 | single family | 2 | 1024 | 3,920 | $200,000 |
10.51 | 7422 Whitacre Rd Unit 4 | 1.17 | condo | 2 | 942 | 1 | $175,000 |