
Mad City Dream Homes Realty Executives
Listed by Mad City Dream Homes Realty Executives
$659,900
1010 E Gorham Street
Details
APN 0709-132-0214-2
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
NOI $1,416
Year Built 1900
Acreage 0.080
Zoning TR-C4
Parking Spaces 2 spaces
Multifamily | 2 Units
Marketing description
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!
Listing Contacts

Mad City Dream Homes Realty Executives
Listed by Mad City Dream Homes Realty Executives
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,416.00
$118.00/mo
Valuation Metrics
0
DSCR
0.21%
Cap Rate
0.21%
ROI
Map
Zoning
TR-C4 ResidentialTwo FamilyTraditional Residential Consistent District 4
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View all 94 uses Last updated Apr 24, 2026 For deeper zoning details, reports are available at Zoneomics
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