Listing provided courtesy of The McGrady Group, LLC- MLS# 2023491MLS Provider

5318-5320 Manitowoc ParkwayMadison, WI 53705

Multi-Family · 0.28 Acres
$809,000 Active

5318-5320 Manitowoc Parkway Overview

Time on Site:
44 days
Visits:
6

Near west side well maintained duplex in A+ location in the charming and very quiet Hillfarm neighborhood and historic district! PERFECT FOR OWNER OCCUPANT OR INVESTOR! Huge 0.27-acre lot with private backyard which is next to and backing to single family houses. Spacious and open floor plan. Each unit has been updated (~1700 & 1730 sq ft) and features the same floor plan with 3 bedrooms (master bedroom has walk in closet), 1 ½ baths, den/office/play room, attached 1 stall garage w/ opener, laundry room, deck, central air and heat, and separate utility meters. Renters responsible for utilities, maintaining yard and shoveling snow. Very strong rental history. Duplex is only 5 minutes to Hillfarm/Hilldale, UW hospital/campus, west town, beltline, and easy drive to downtown. Located in the best combination of schools in Madison - Van Hise elementary, Williams middle and West High. Gardner Park is only 2 blocks. Bus lines 1 block away at intersection of Mineral Point Road and Whitney.

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5318-5320 Manitowoc Parkway Facts & Features

  • Type Multi-Family
  • Lot 0.28 Acres

Details

General

School Information

  • Elementary School: Van Hise
  • Middle Or Junior School: Hamilton
  • High School: West

Income/Expenses

  • Net Operating Income: 34000

Building Information

  • Water/Waste: Municipal sewer, Municipal water
  • Year Built: 1977

Location/Region

  • County Or Parish: Dane
  • Location: MADISON - C W13
  • Postal City: Madison
  • Subdivision Name: UNIVERSITY HILL FARMS

Rent/Lease Information

  • Unit 2 Monthly Rent: $2,050.00

Tax Information

  • Tax Annual Amount: $11,886.00
  • Tax Assessed Value: $715,800.00
  • Tax Year: 2025

General Information

  • Exclusions: Sellers and Tenants personal items.
  • Inclusions: Refrigerator (2), Range/Oven (2), Dishwasher (2), Washer/Dryer (1), Microwave (2), Garbage Disposal (2)
  • Miscellaneous: Close to bus line
  • Parcel Number: 0709-194-1128-4
  • Property Type: Multi Family
  • Sub-Type: Duplex-side by side, 2 story
  • Zoning: SR-C3

Unit Information

  • Unit 1: Family/Rec rm, Dining room, Eat-in kitchen, Balcony/patio, Air conditioning, Range/oven, Refrigerator, Dishwasher, Washer/dryer, Individual heat control, In-unit laundry, Pantry, Private basement
  • Unit 2: Family/Rec rm, Dining room, Eat-in kitchen, Balcony/patio, Air conditioning, Range/oven, Refrigerator, Dishwasher, Washer/dryer, Individual heat control, In-unit laundry, Private basement

Interior

Building Information

  • # Furnaces: 2
  • Heating Fuel: Natural Gas

Parking Information

  • Total Full Garage Stalls: 2025

Beds/Baths

  • Number of 2 Bedrooms: 0

Building Interior

  • # Stoves: 2
  • # Water Heaters: 2

General Information

  • Basement: Full, Partially finished, Poured concrete foundatn

Unit Information

  • Unit 1 Monthly Rent: $2,600.00
  • Unit 2 Parking: 1 Car Garage
  • Unit 1 Parking: 1 Car Garage
  • Unit 1 # Bedrooms: 3
  • Unit 2 # Bedrooms: 3
  • Unit 1 Full Baths: 1
  • Unit 1 Half Baths: 1
  • Unit 2 Full Baths: 1
  • Unit 2 Half Baths: 1
  • Unit 1 Primary Bedroom Level: U
  • Unit 1 Primary Bedroom Dimension: 12x12
  • Unit 1 Bedroom 2 Level: L
  • Unit 1 Bedroom 2 Dimension: 11x10
  • Unit 1 Bedroom 3 Level: U
  • Unit 1 Bedroom 3 Dimension: 9x12
  • Unit 1 Dining Area Level: M
  • Unit 1 Dining Area Dimension: 14x6
  • Unit 1 Kitchen Level: M
  • Unit 1 Kitchen Dimension: 12x11
  • Unit 1 Living/Great Room Level: M
  • Unit 1 Living/Great Room Dimension: 15x11
  • Unit 2 Primary Bedroom Level: U
  • Unit 2 Primary Bedroom Dimension: 12x13
  • Unit 2 Bedroom 2 Level: U
  • Unit 2 Bedroom 2 Dimension: 11x9
  • Unit 2 Bedroom 3 Level: U
  • Unit 2 Bedroom 3 Dimension: 10x15
  • Unit 2 Dining Area Level: M
  • Unit 2 Dining Area Dimension: 11x9
  • Unit 2 Kitchen Level: M
  • Unit 2 Kitchen Dimension: 11x11
  • Unit 2 Living/Great Room Level: M
  • Unit 2 Living/Great Room Dimension: 20x15

Exterior

Parking Information

  • Parking Stalls Inside: 1

Lot Information

  • Lot Size Acres: 0.28

Building Exterior/Construction

  • Construction Materials: Vinyl, Brick, Stucco

General Information

  • Number Of Units Total: 2
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

5318-5320 Manitowoc Parkway Neighborhood

Community

53705 (Madison) Demographics

37
Median Age
3,826
Population Density (per sq. mile)
80%
College Educated
$71,818
Estimated Median Income
5,819
Estimated Total Home Owners
6,205
Estimated Total Renters
48% / 52%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5318-5320 Manitowoc Parkway Market Data

Based on the last 30 days in this zip code

$737,889
Average List Price
$381
Average Price per Square Foot
30
Properties Sold
64
Average Days on Market
64
Properties for Sale
Calculations provided by Reliance Network

5318-5320 Manitowoc Parkway History

Date Event Value Agent
6/17/2026Source: South Central Wisconsin MLS Price Reduction
$809,000 -2.4%
6/2/2026Source: South Central Wisconsin MLS Price Reduction
$829,000 -2.9%
5/28/2026Source: South Central Wisconsin MLS Price Reduction
$854,000 -2.8%
5/18/2026Source: South Central Wisconsin MLS Status Change
Active
5/16/2026Source: South Central Wisconsin MLS Added to Database
May 16, 2026