1938 E Washington Ave
Madison, WI 53704
Emerson East- 1 Bed
- 3 Baths
- 1,260 sqft
1 Bed
3 Baths
1,260 sqft
Local Information
-- mins to
Description
East side 3-Unit at unbelievable price. Easy to manage, well maintained rental. Tons of recent mechanical updates including roof, electrical services, water heater and furnace. Plenty of fresh paved parking. Simple but well laid out. Spacious clean, common basement with laundry and storage. This property is under rented to longer term tenants. Plenty more upside when leases renew or with modest updating.
1938 E Washington Ave, Madison, WI 53704 is a 1 bedroom, 3 bathroom, 1,260 sqft multi-family in Emerson East, built in 1941. It last sold for $381,000 on Jul 2, 2024 (12% above the $341,000 asking price). It is currently off market. The Trulia Estimate is $422,000, with a rent estimate of $1,981/month.
Home Highlights
Parking
3 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
38 days ago
Home Details for 1938 E Washington Ave
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 1260 Square Feet |
Appliances & Utilities Utilities: Separate elec metersAppliances: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Water Softener OwnedLaundry: Common Area |
Heating & Cooling Heating: Natural Gas,Forced AirHas HeatingHeating Fuel: Natural Gas |
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Exterior Home Features Foundation: Poured concrete foundatn |
Parking & Garage Other Parking: OutsideNo CarportParking Spaces: 3Parking: 1 space,Outside |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1941 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: ApartmentStructure Type: Apartment building, OtherArchitecture: Apartment building,Other |
Building Construction Materials: Aluminum Siding, Vinyl Siding |
Property Information Not Included in Sale: Seller's and or tenant's personal property.Included in Sale: 3 Ranges/Ovens, 3 Refrigerators, 3 Window AC Units, Washer/Dryer, Water Softener, FurnaceParcel Number: 071006311238 |
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Price List Price: $341,000 |
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MLS Status: Sold |
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Direction & Address City: MadisonCommunity: Emerson East |
School Information Elementary School: EmersonElementary School District: MadisonJr High / Middle School: ShermanJr High / Middle School District: MadisonHigh School: EastHigh School District: Madison |
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Building Area Building Area: 1260 Square Feet |
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Lot Area: 5662.8 sqft |
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Listing Terms: Arms Length |
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Are Units Furnished: NoneOwner Pays: Heat (Unit 1), Water/Sewer (Unit 1), Water/Sewer (Unit 2), Water/Sewer (Unit 3), Heat (Unit 2), Heat (Unit 3) |
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BasementMls Number: 1978876 |
Last check for updates: about 9 hours ago
Listed by Ben Anton
Lauer Realty Group, Inc.
Bought with: Monika Ramsey, First Weber Inc
Source: SCWMLS, MLS#1978876
Price History for 1938 E Washington Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 07/02/2024 | $381,000 | Sold | N/A |
| 06/11/2024 | $341,000 | Pending | WIREX MLS #1978876 |
| 06/06/2024 | $341,000 | Listed For Sale | WIREX MLS #1978876 |
| 09/21/2015 | $138,000 | Sold | N/A |
| 07/25/2007 | $155,000 | Sold | N/A |
Market trends in Madison
Last updated June 2026
Avg. sale price
$423K
$7.67KMoM
Sale-to-List Price
102.8%
1.0%MoM
Price per sq ft
$260
$10MoM
Available listings
704
43MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $6,342 |
| Assessment | $324,000 |
Home facts updated by county records
Comparable Sales for 1938 E Washington Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.01 | Multi-Family Home | $600,000 | 06/18/26 | 4 | 3 | 2,750 | |
0.12 | Multi-Family Home | $599,900 | 11/19/25 | 4 | 2 | 2,050 | |
0.43 | Multi-Family Home | $350,000 | 09/26/25 | 3 | 2 | 1,279 | |
0.55 | Multi-Family Home | $365,000 | 07/01/26 | 3 | 3 | 1,099 | |
0.36 | Multi-Family Home | $405,000 | 03/24/26 | 3 | 1.5 | 2,052 | |
0.09 | Multi-Family Home | $837,900 | 12/15/25 | 5 | 4 | 2,600 | |
0.33 | Multi-Family Home | $555,000 | 06/25/26 | 4 | 2 | 2,346 | |
0.29 | Multi-Family Home | $555,000 | 03/27/26 | 4 | 2 | 2,235 | |
0.51 | Multi-Family Home | $342,000 | 11/14/25 | 4 | 2 | 1,401 | |
0.40 | Multi-Family Home | $380,000 | 07/22/25 | 4 | 2 | 1,906 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1938 E Washington Ave.
What Locals Say about Emerson East
At least 28 Trulia users voted on each feature.
100 % Say there are sidewalks
92 % Say it's walkable to restaurants
91 % Say it's dog friendly
79 % Say parking is easy
72 % Say streets are well-lit
69 % Say there's holiday spirit
69 % Say yards are well-kept
69 % Say kids play outside
67 % Say they plan to stay for at least 5 years
65 % Say neighbors are friendly
63 % Say people would walk alone at night
61 % Say there's wildlife
58 % Say there are community events
52 % Say it's quiet
47 % Say it's walkable to grocery stores
36 % Say car is needed
Sourced by Trulia users. Learn more about our methodology.
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