902-904 E Gorham St
Madison, WI 53703
Tenney-Lapham- 3 Beds
- 2 Baths
- 2,000 sqft
3 Beds
2 Baths
2,000 sqft
Local Information
-- mins to
Description
Downtown Madison 2-unit investment opportunity! Main level: 1BR/1Bth, spacious kitchen & large living room. 2nd floor: 2BR/1Bth, newly remodeled bathroom, generous living room, eat-in kitchen. Shared laundry in basement, 3 parking spots in rear - not common in this area! Directly on bus route w/ shelter, perfect for public transit users. Rents include all utilities, significantly below market - serious upside to increase rents or bill back utilities. Exterior needs some TLC, but prime location & parking have always ensured quick rentals. Huge unfinished walk-up attic offers expansion potential. Ideal for investors to grow portfolio, start in downtown Madison, or owner-occupy one unit & rent the other.
902-904 E Gorham St, Madison, WI 53703 is a 3 bedroom, 2 bathroom, 2,000 sqft multi-family in Tenney-Lapham, built in 1914. It last sold for $420,000 on Jun 12, 2025 (5% below the $439,900 asking price). It is currently off market. The Trulia Estimate is $433,600, with a rent estimate of $2,365/month.
Home Highlights
Parking
3 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
29 days ago
Home Details for 902-904 E Gorham St
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 2000 Square Feet |
Appliances & Utilities Utilities: Internet - CableAppliances: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Water Softener OwnedLaundry: Common Area |
Heating & Cooling Heating: Natural Gas,Radiant,Individual Heat Control (Unit 1),Individual Heat Control (Unit 2)Has HeatingHeating Fuel: Natural Gas |
Windows, Doors, Floors & Walls Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2) |
Levels, Entrance, & Accessibility Levels: TwoFloors: Wood Or Simulated Wood Unit 1, Wood Or Simulated Wood Unit 2 |
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Parking & Garage Other Parking: OutsideNo CarportParking Spaces: 3Parking: 2 spaces,Outside |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1914 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: ApartmentStructure Type: 2 flat-up and downArchitecture: 2 flat-up and down |
Building Construction Materials: Wood Siding |
Property Information Parcel Number: 070913203108 |
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Price List Price: $439,900 |
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MLS Status: Sold |
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Direction & Address City: Madison |
School Information Elementary School: Lapham/MarquetteElementary School District: MadisonJr High / Middle School: OKeeffeJr High / Middle School District: MadisonHigh School: EastHigh School District: Madison |
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Building Area Building Area: 2000 Square Feet |
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Lot Area: 3484.8 sqft |
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Listing Terms: Arms Length |
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Are Units Furnished: NoneOwner Pays: Heat (Unit 1), Electricity (Unit 1), Water/Sewer (Unit 1), Water/Sewer (Unit 2), Heat (Unit 2), Electricity (Unit 2) |
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BasementMls Number: 1999651 |
Last check for updates: about 6 hours ago
Listed by Joshua Pelletter
Rockwood Realty Group
Bought with: Jennifer A Geils, Stark Company, REALTORS
Source: SCWMLS, MLS#1999651
Price History for 902-904 E Gorham St
| Date | Price | Event | Source |
|---|---|---|---|
| 06/12/2025 | $420,000 | Sold | SCWMLS #1999651 |
| 05/15/2025 | $439,900 | Contingent | WIREX MLS #1999651 |
| 05/13/2025 | $439,900 | Listed For Sale | WIREX MLS #1999651 |
| 12/15/2017 | $255,000 | Sold | SCWMLS #1817338 |
Market trends in Madison
Last updated May 2026
Avg. sale price
$415K
$8.83KMoM
Sale-to-List Price
101.7%
1.3%MoM
Price per sq ft
$250
$8MoM
Available listings
661
102MoM
Comparable Sales for 902-904 E Gorham St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Multi-Family Home | $415,000 | 04/17/26 | 3 | 2 | 1,415 | |
0.21 | Multi-Family Home | $539,900 | 12/19/25 | 5 | 2 | 2,538 | |
0.26 | Multi-Family Home | $700,000 | 04/09/26 | 2 | 2 | 1,200 | |
0.57 | Multi-Family Home | $337,500 | 09/02/25 | 3 | 2 | 1,750 | |
0.24 | Multi-Family Home | $510,000 | 07/22/25 | 7 | 4 | 2,620 | |
0.85 | Multi-Family Home | $342,000 | 11/14/25 | 4 | 2 | 1,401 | |
0.67 | Multi-Family Home | $1,070,000 | 11/06/25 | 3 | 4 | 1,995 | |
0.58 | Multi-Family Home | $610,000 | 04/06/26 | 5 | 3 | 2,336 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 902-904 E Gorham St.
What Locals Say about Tenney-Lapham
At least 45 Trulia users voted on each feature.
95 % Say it's walkable to restaurants
94 % Say there are sidewalks
92 % Say it's dog friendly
89 % Say it's walkable to grocery stores
77 % Say streets are well-lit
70 % Say people would walk alone at night
69 % Say parking is easy
58 % Say there's holiday spirit
58 % Say they plan to stay for at least 5 years
51 % Say neighbors are friendly
48 % Say car is needed
40 % Say there are community events
39 % Say yards are well-kept
38 % Say kids play outside
37 % Say there's wildlife
36 % Say it's quiet
Sourced by Trulia users. Learn more about our methodology.
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