Rare 3-bedroom, 2-bath opportunity in Madison! This versatile 2-flat offers flexible living arrangements and can easily be converted into a spacious single-family residence by removing the cabinets and refrigerator in the upstairs kitchen. Nestled along the Starkweather Creek, the backyard offers a peaceful natural setting while still being conveniently located near parks, bike paths, public transit, and shopping. The home needs some TLC, but the potential is undeniable?perfect for an owner-occupant, in vestor, or renovator looking to bring new life to a hard-to-find layout in this area. Please note: Seller has never lived in the property and is being sold in "as is" condition.
Closed
$278,500
514 McCormick Avenue, Madison, WI 53704
3beds
1,283sqft
Single Family Residence
Built in 1927
6,098.4 Square Feet Lot
$287,600 Zestimate®
$217/sqft
$2,328 Estimated rent
Home value
$287,600
$270,000 - $305,000
$2,328/mo
Zestimate® history
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$2,328/mo
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$1,820/mo
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: July 17, 2025 at 08:04pm
Listed by:
Scott Stauter 608-444-4856,
Stauter Homes LLC
Bought with:
Matt Levenson
Source: WIREX MLS,MLS#: 2001041
Originating MLS: South Central Wisconsin MLS
Originating MLS: South Central Wisconsin MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 99
- Dimensions: 11 x 9
Bedroom 2
- Level: Main
- Area: 88
- Dimensions: 11 x 8
Bedroom 3
- Level: Upper
- Area: 100
- Dimensions: 10 x 10
Bathroom
- Features: Master Bedroom Bath: Full, Master Bedroom Bath
Dining room
- Level: Main
- Area: 110
- Dimensions: 11 x 10
Kitchen
- Level: Main
- Area: 99
- Dimensions: 11 x 9
Living room
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Office
- Level: Upper
- Area: 154
- Dimensions: 14 x 11
Heating
- Natural Gas, Forced Air
Features
- Flooring: Wood or Sim.Wood Floors
- Basement: Full,Block
Interior area
- Total structure area: 1,283
- Total interior livable area: 1,283 sqft
- Finished area above ground: 1,283
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: 1 Car, Detached
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Waterfront features: Waterfront, Channel
Lot
- Size: 6,098 sqft
Details
- Parcel number: 071005202040
- Zoning: RES
- Special conditions: Arms Length
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Aluminum/Steel
Condition
- 21+ Years
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Madison
- Municipality: Madison
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2025 | Sold | $278,500-7.1%$217/sqft |
Source:  WIREX MLS #2001041 Report a problem | ||
| 6/5/2025 | Contingent | $299,900$234/sqft |
Source: WIREX MLS #2001041 Report a problem | ||
| 5/31/2025 | Listed for sale | $299,900$234/sqft |
Source: WIREX MLS #2001041 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,144 +4% | $262,800 +7% |
| 2023 | $4,948 | $245,600 +18% |
| 2022 | -- | $208,100 +25% |
Find assessor info on the county website
Neighborhood: Eken Park
Nearby schools
GreatSchools rating
- 6/10Emerson Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 2/10Sherman Middle SchoolGrades: 6-8Distance: 1.4 mi
- 8/10East High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Emerson
- Middle: Sherman
- High: East
- District: Madison
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$287,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$287,600
- Wisconsin
- Dane County
- Madison
- 53704
- Eken Park
- 514 McCormick Avenue