701 Pinecrest Dr, Madison, WI 53714
Property image
Property image
FOR SALE

$614,900

Original price: $629,900
  • 6 Beds
  • 4 Baths
  • 3,000 sqft

701 Pinecrest Dr, Madison, WI 53714

Carpenter-Ridgeway
Est. Mortgage $4,122/mo*
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Home Highlights

Multi-Family
Built in 1957
$205/sqft
8 Parking Spaces

Local Information

  • Map ViewExplore the area around 701 Pinecrest Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Boiler heat
FULLY Occupied! Turn-key cash-flow on Madison’s East Side! This all-brick 4-unit building offers immediate rental income and low-maintenance upkeep. All four units are already leased through mid-2027, providing rock-solid stability from day one. Every unit features durable, turnover-friendly hard-surface flooring throughout (no carpet to replace!). Conveniently located near parks, dining, and transit. A rare, high-performing addition to your portfolio! **Boiler Heat.
Last check for updates: about 13 hours ago
Listing courtesy of Jessica Janssen
Design Realty LLC
Source: SCWMLS, MLS#2027442

Home Details for 701 Pinecrest Dr

Interior Features

Interior Details
Basement: Full
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 3000 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), Range/Oven (Unit 4), Refrigerator (Unit 4), Water Softener OwnedLaundry: Common Area
Heating & Cooling
Heating: Natural Gas,OtherHas CoolingAir Conditioning: Air Conditioning (Unit 1),Air Conditioning (Unit 2),Air Conditioning (Unit 3),Air Conditioning (Unit 4)Has HeatingHeating Fuel: Natural Gas
Windows, Doors, Floors & Walls
Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2), Wood or Simulated Wood (Unit 3), Wood or Simulated Wood (Unit 4)
Levels, Entrance, & Accessibility
Levels: TwoFloors: Wood Or Simulated Wood Unit 1, Wood Or Simulated Wood Unit 2, Wood Or Simulated Wood Unit 3, Wood Or Simulated Wood Unit 4

Exterior Features

Exterior Home Features
Patio / Porch: Balcony/Patio (Unit 3), Balcony/Patio (Unit 4)
Parking & Garage
Other Parking: OutsideNo CarportParking Spaces: 8Parking: Outside,Parking Lot,Paved
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1957
Property Type / Style
Property Type: Residential IncomeProperty Subtype: ApartmentStructure Type: Apartment buildingArchitecture: Apartment building
Building
Construction Materials: Brick, Stone
Property Information
Not Included in Sale: Seller/Tenant Personal PropertyIncluded in Sale: 4 stoves, 4 refrigerators, 4 garbage disposals, 1 washer, 1 dryerParcel Number: 081032421076

Price & Status

Price
List Price: $614,900Price Per Sqft: $205

Active Status

MLS Status: Active

Location

Direction & Address
City: Madison
School Information
Elementary School: HawthorneElementary School District: MadisonJr High / Middle School: OKeeffeJr High / Middle School District: MadisonHigh School: EastHigh School District: Madison

Agent Information

Listing Agent
Listing ID: 2027442

Building

Building Area
Building Area: 3000 Square Feet

Lot Information

Lot Area: 8712 sqft

Rental Terms, Policies & Fees

Are Units Furnished: NoneOwner Pays: Heat (Unit 1), Water/Sewer (Unit 1), Water/Sewer (Unit 2), Water/Sewer (Unit 3), Heat (Unit 4), Heat (Unit 2), Heat (Unit 3), Water/Sewer (Unit 4)

Miscellaneous

BasementMls Number: 2027442

Around this home

Neighborhood Overview

Carpenter-Ridgeway
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Carpenter-Ridgeway

At least 13 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 100 % Say it's dog friendly

  • 93 % Say people would walk alone at night

  • 92 % Say there are sidewalks

  • 75 % Say kids play outside

  • 75 % Say yards are well-kept

  • 73 % Say it's walkable to restaurants

  • 62 % Say they plan to stay for at least 5 years

  • 61 % Say car is needed

  • 56 % Say neighbors are friendly

  • 53 % Say there's wildlife

  • 53 % Say streets are well-lit

  • 50 % Say it's quiet

  • 47 % Say there's holiday spirit

  • 37 % Say it's walkable to grocery stores

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Walking distance to both an elementary and middle school. Middle school is also a polling location. Close to bike path, grocery store, library, drug store, several parks, etc"
    0
    Flag
  • Phish1007
    "Beautiful mature oak trees line the streets. Expansive yard for Madison! Friendly neighborhood association. Short commute to downtown and shopping by car. Peaceful walking/bike trails a block away, takes you all the way to heart of Madison."
    1
    Flag

Market trends in Madison

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$429K
$2.5KMoM
Sale-to-List Price
101.6%
0.9%MoM
Price per sq ft
$259
$7MoM
Available listings
551
5MoM

Home Value

Trulia Estimate
$601K
Since last month
Decreased$4K (-0.6%)
Since last year
Increased$74K (+14.1%)
Since last sale
Increased$329K (+121%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +89% in the last 10 years
MonthEstimated value
2026
September 2026$601K
August 2026$605K
July 2026$616K
June 2026$553K
May 2026$539K
April 2026$538K
March 2026$528K
February 2026$523K
January 2026$522K
2025
2024
2020

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
725 Pinecrest Dr, Madison, WI
0.04
Multi-Family Home
$590,000
03/02/26
6
4
3,300
533 Oak St, Madison, WI
0.47
Multi-Family Home
$642,000
08/10/26
8
4
3,600
430 Oak St, Madison, WI
0.54
Multi-Family Home
$550,000
08/07/26
4
4
2,800
809-811 Fairmont Ave, Madison, WI
0.38
Multi-Family Home
$405,000
02/05/26
4
2
1,861
2834 Commercial Ave, Madison, WI
0.52
Multi-Family Home
$486,700
08/18/26
4
2
1,700
24-26 N Fair Oaks Ave, Madison, WI
0.54
Multi-Family Home
$373,000
01/15/26
3
2
1,848
3401 Dawes St, Madison, WI
0.86
Multi-Family Home
$570,000
03/30/26
5
3
2,500
3014-3016 Union St, Madison, WI
0.55
Multi-Family Home
$415,000
03/31/26
4
2
1,574
2678 Hoard St, Madison, WI
0.73
Multi-Family Home
$366,000
10/23/25
4
2
1,862

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
705 Pinecrest Dr, Madison, WI 53714
0.01
$619,000
6
4
3,000
Off Market
706 Powers Ave, Madison, WI 53714
0.03
$375,000
3
1
1,560
Recently Sold
725 Pinecrest Dr, Madison, WI 53714
0.04
$590,000
6
4
3,300
Recently Sold
713 Powers Ave, Madison, WI 53714
0.06
$350,000
2
1
1,352
For Sale
613 Memphis Ave, Madison, WI 53714
0.14
$185,000
2
1.5
864
Recently Sold
717 Gannon Ave, Madison, WI 53714
0.12
$346,400
3
1
1,512
Off Market
609-611 Memphis St, Madison, WI 53714
0.15
$326,700
2
2
1,360
Off Market
813 Powers Ave, Madison, WI 53714
0.13
$338,000
3
2
2,404
For Sale
3210 E Washington Ave, Madison, WI 53704
0.15
$365,400
3
1
1,557
Off Market
611 Powers Ave, Madison, WI 53714
0.16
$722,300
8
4
3,120
Off Market
3214 E Washington Ave, Madison, WI 53704
0.16
$415,000
4
2
1,697
Recently Sold

Price and Tax history

DateEventPrice
Sep 5, 2026
Source: SCWMLS #2027442
PriceChange
$614,900
Price decreased by 2%
Jul 7, 2026
Source: SCWMLS #2027442
Listed For Sale
$629,900
Apr 28, 2017
Source: Agent Provided
ListingRemoved
$800
Mar 3, 2017
Source: Agent Provided
Listed For Rent
$800
Dec 7, 2005
Source: N/A
Sold
$272,000

LGBTQ Local Legal Protections

Jessica Janssen, Design Realty LLC

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Frequently asked questions about 701 Pinecrest Dr

  • What is the estimated monthly payment for 701 Pinecrest Dr?
    Based on a $614,900 list price with 20% down at today's rates, the estimated monthly payment for 701 Pinecrest Dr in Madison, WI is approximately $4,240 (about $3,407 principal & interest, $758 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 701 Pinecrest Dr compare to homes in Madison?
    701 Pinecrest Dr in Madison, WI is listed at $614,900, about 43% above the $429K median sale price in Madison.
  • What do residents say about the Carpenter-Ridgeway neighborhood?
    Residents describe the Carpenter-Ridgeway neighborhood in Madison, WI as easy to park in, dog-friendly, and pedestrian-friendly. See homes for sale in Carpenter-Ridgeway, Madison.
  • What are the closest schools to 701 Pinecrest Dr?
    The closest schools to 701 Pinecrest Dr in Madison, WI are East High School (rated 8/10), Hawthorne Elementary School (Pre-K, rated 4/10), O'keeffe Middle School (rated 8/10).
  • Does 701 Pinecrest Dr have air conditioning?
    Yes, 701 Pinecrest Dr in Madison, WI has air conditioning.
  • Does 701 Pinecrest Dr have laundry facilities?
    Yes, 701 Pinecrest Dr in Madison, WI has laundry facilities.
701 Pinecrest Dr, Madison, WI 53714 is a 6 bedroom, 4 bathroom, 3,000 sqft multi-family built in 1957. 701 Pinecrest Dr is located in Carpenter-Ridgeway, Madison. This property is currently available for sale and was listed by SCWMLS. The MLS # for this home is MLS# 2027442.