234 houses for sale in Monona Bay

Lakefront living on Monona Bay takes center stage at this fully remodeled and meticulously maintained home with 40 feet of frontage, a private dock and captivating Capitol views. Inside, warm hardwood floors and a stunning stone fireplace bring character to the inviting living spaces, while the layout is designed to make the most of its exceptional setting. The main level opens naturally to a deck for outdoor dining and lakefront relaxation, while an extra-large second-floor screen porch extends the living space into the open air. The entire upper level is dedicated to a private primary suite, complete with a walk-in closet and en suite bath, creating a peaceful retreat above it all. Thoughtful updates provide peace of mind, including a new roof (2023), furnace (2023), air conditioner (2024) and more. Just minutes from downtown Madison, this is a rare opportunity to enjoy direct access to the water with the city skyline and Capitol as your backdrop

This home is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank

Showings start Saturday, 10/11. Gracious, well-kept, light filled home on Madison's beloved Rowley Avenue. Updated chef's kitchen with soapstone counters, quality maple cabinetry and cork floors. Large, sunny living room with built in bookcases and woodburning fireplace. Open foyer, large dining room filled with windows, three good size bedrooms and full bath up. Hot water heat and central air. Larger than average backyard. Close to university, hospitals, bus line, bike path, Trader Joes. Feeds into Franklin/Randall, Hamilton and West schools. Convenient kitchen garden in front, lawn and play area in back yard. Fully fenced back yard, single car detached garage, shared driveway

Showings start Saturday, 10/11. Gracious, well-kept, light filled home on Madison's beloved Rowley Avenue. Updated chef's kitchen with soapstone counters, quality maple cabinetry and cork floors. Large, sunny living room with built in bookcases and woodburning fireplace. Open foyer, large dining room filled with windows, three good size bedrooms and full bath up. Hot water heat and central air. Larger than average backyard. Close to university, hospitals, bus line, bike path, Trader Joes. Feeds into Franklin/Randall, Hamilton and West schools. Convenient kitchen garden in front, lawn and play area in back yard. Fully fenced back yard, single car detached garage, shared driveway

Tudor-style charm meets thoughtful updates in this beautifully renovated home, complete with a rare 2-car garage. Sun-filled living and dining spaces feature hardwood floors, timeless details and a welcoming fireplace, while the updated kitchen offers crisp cabinetry, generous counter space, open shelving and stainless appliances. The main and second floors have been extensively renovated, with a new deck and fence adding even more appeal. Steps from Stevens Park and within walking or biking distance of UW Hospital, the VA Hospital and UWâMadison campus, plus convenient access to restaurants, bike paths and nearby amenities

Income properties this close to downtown Madison rarely pencil this well. Just around the corner from James Madison Park, this 5-bed, 2-bath rental is consistently easy to lease thanks to its unbeatable location near campus, downtown restaurants, nightlife, and the lake. Currently rented at $4,295/month with projected rents up to $4,750/month, thereâs immediate upside for the next owner. The property has been well maintained with mostly vinyl windows, 2 parking spaces plus a moped spot, and very little yard maintenance. Tenants cover all expenses, making this an attractive low-maintenance investment opportunity with strong returns. Also available as part of the 120â126 N Franklin portfolio, offering a rare opportunity to acquire a side-by-side 27-bedroom investment property with significant long-term upside and future redevelopment potential

Timeless 1924 Craftsman beautifully blends historic character with exceptional modern updates just two blocks from Tenney Park and only one mile to the Capitol. This stunning 5-bedroom home features gorgeous original woodwork, hardwood floors, glass transom windows, and a cozy gas fireplace. The chef's kitchen is equipped with quartz countertops, a GE Cafà Series range, Bosch refrigerator, and thoughtful design for everyday living and entertaining. Enjoy movie nights in the home theater, then step outside to your private backyard retreat with terraced landscaping, patio, fire pit, new hot tub, and detached 2-car garage. Every update has been tastefully completed while preserving the home's original charm, creating the perfect balance of craftsmanship, comfort, and an unbeatable isthmus location. Brand new roof and recently painted exterior!

Fabulous location near UW Madison, UW Hospital, and Monroe St, this 3 bedroom, 2 bath Victorian home features all original hardwood floors, original solid doors and door hardware, crown moulding, dining room built-ins, and light fixtures. The first floor features a generous living room with wood burning fireplace and built in shelving, curved entry to the formal dining room, kitchen with updated cabinets and stainless steel appliances, office, full bath and one bedroom. Upper level has 2 full baths, also with original hardwood floors, and a full bath. Unfinished basement has lots of storage, with normal height ceilings. The one car attached garage enters from the basement. Cute private backyard

Great location for this solid, 2-flat income property or convert to owner occupied residence. (See MLS #2032-). Two, 2-BR, 1 BA units, conveniently located to Tenney-Park, bus, schools, shopping. First-floor unit with newer refinished wood floors in main living areas. Large welcoming open front porch. Double entry with original front door. Large master bedroom with one walk-in and a second wardrobe closet. Eat-in kitchen. Upper unit includes large, eat-in kitchen; 3-season porch with lots of windows. New roof and gutter guards (2026); Newer vinyl windows, vinyl siding, front porch steps, boiler, sewer lateral and concrete replacement on driveway apron and sidewalk; hardwood floors on main level refinished (2022); new flooring and toilet upper bath (2022); Ultimate UHP. Both units are currently vacant and ready for some updates. Great location for either a rental or purchase as owner occupied. New 50-gal water heater installed 9/24/26

First time on the market in 30 years! Great investment opportunity in popular Madison location. 3 total units, (2) two bedroom/ 1 bath units and (1) one bedroom/ 1 bath unit. Detached garage currently used for storage, huge backyard. Unit 2 & 3 are currently being left vacant for possible owner occupied purchase

Classic downtown 3-unit in an unbeatable location! New roof. Just blocks from the Capitol Square and James Madison Park, this well-maintained property offers the perfect combination of historic charm and investment potential. Residents will love the inviting front and back decks, ideal for relaxing or entertaining, while enjoying easy access to downtown dining, shopping, entertainment, and the lakefront. Whether you're looking to expand your investment portfolio or own a prime income-producing property in one of Madison's most desirable neighborhoods, this is an exceptional opportunity you won't want to miss

Rare opportunity to own a 4-unit investment property in Madison's highly desirable Mansion Hill neighborhood. Excellent location near the Capitol, UW-Madison campus, State Street and downtown amenities. Property features a desirable unit mix consisting of one 3-bedroom, one 2-bedroom and two 1-bedroom apartments, plus a 2-car garage and 2 additional surface parking spaces. Proforma gross annual income of $81,422 with leases in place through August 14, 2027. Historic 1882 property features hardwood floors and ornate woodwork along with recent improvements including exterior painting (2026), new furnace (2025), EPDM roof and railing above garage (2024), partial roof shingle replacements and coin-operated dryer. Legacy property held by current ownership for 18 years

1904 Dutch Colonial in Madisonâs historic Vilas neighborhood. Set in a quiet residential pocket known for beautiful historic homes, mature trees, exceptional walkability and easy access to some of Madisonâs best-loved destinations. This 3-bedroom home offers a wonderful opportunity to thoughtfully restore and update a piece of Madison history while making it your own, with renovation loan options available to help bring your vision to life. Original details include natural woodwork, built-ins, oak hardwood floors beneath the carpeting on the main level and maple floors upstairs. Enjoy the large screened front porch, spacious yard and walk-up attic with potential for future finished living space. Driveway access from Madison St, alley access and room to add a garage offer flexibility. Just one block from Monroe St, with easy access to Vilas Park, the zoo, Lake Wingra, Wingra Beach, the Arboretum, UWâMadison, bike paths, bus service, shops and restaurants!

Well-built home used as a 2-flat for many years. (See MLS #2032-). Great potential for converting to an owner occupied residence Newer refinished wood floors on main level. Large welcoming covered front porch, double entry with original front door. Formal dining room on main formerly used as primary BR. New roof and gutter guards ('26). Newer vinyl windows and siding, newer boiler. Large 3-season porch with many windows on upper, as well as large kitchen on upper which could be converted to a 4th BR. New toilet and flooring in upper bath ('22). Sewer lateral and concrete replacement on driveway apron and sidewalk. Great location near Tenney Park, buses, schools, shopping. Ultimate UHP Warranty. (Room names and locations can vary if converted to an owner occupied residence). Currently vacant and ready for some updates. Purchase for a rental or as owner occupied. New 50-gallon water heater installed 9/24/26

West Lawn Two Story boasts an idyllic locale, original character, sun filled spaces, & a versatile floor plan that offers options for work from home & guest space. Classic features; hardwood floors, living room w/original built-ins & wood burning fireplace, formal dining w/built in hutch, a south facing sunroom, & a main floor 1/2 bath. Kitchen offers an induction range, solid surface counter-tops, SS appliances & a breakfast bar and opens into the family room w/new LVP flooring. 2nd floor offers 3 bdrms w/spacious primary, a large bathroom w/new vanity & separate tub and walk-in shower (potential to divide to create two baths). 3rd floor offers vaulted ceilings, skylights, new carpet & two distinct spaces for a bedroom and den. Great outdoor space w/a deck off the family room, gardens, raspberries and a rare 2 1/2 car garage. Updates: Added HVAC to sun room, fresh interior paint, refinished wood floors, A/C, H20 Heater & more!

A+ location for this campus investment property! This two-flat is in the heart of downtown Madison. It has two apartments, each with 4 bedrooms and 1 bath and a huge back parking lot. The tenants pay their own electricity and there is substantial income from the separately leased parking spots. 5,615 in rent, $80 in laundry income, and $405 in parking yields a gross annual income of $73,200. This is a solid investment in prime real estate

Excellent investment opportunity near UWâMadison campus! This 5-bedroom, 2-bath home offers a strong rental setup with convenient access to campus, amenities, and everything Madison has to offer. Recent updates include new LVP flooring and all new windows in 2023, a new furnace in 2025, AC updated in 2019 and water heater in 2026. The property is currently leased through 8/14/27 at $3,250/month, providing an established rental arrangement for the next owner. 2-3 parking spaces available for use as well! A great opportunity to add a well-located, updated property to your investment portfolio!

This incredible Colonial Revival home sits pretty in a dreamy location and its on the market for the first time in 37 years. Lovingly cared for w/timeless character throughout including hardwood floors, tall ceilings, classic baths & kitchen w/all the original charm. Great sunlight throughout w/spacious rooms, extra deep closets w/organizers, generous room dimensions & a lovely sunroom that's easily used all year long. An upper rooftop deck overlooking the adorable backyard is a great spot to relax in the treetops. This home lives large w/over 1600 square feet, 3 beds, 1.5 baths and 1 car garage stall. Well maintained w/updated electrical and heat pipe insulation. Highly desirable location: Just steps away, youâll find the Harrison St Pedestrian Bridge that sends you straight to Trader Joeâs & all the Monroe St shops and excellent dining. Just below you'll find the Southwest Commuter Bike Path sending you to all the fun things Madison has to offer

Two flat in great near-west location is an amazing opportunity for an owner-occupant or add to your income property portfolio. Upper unit currently being held vacant, but could be quickly filled in this high demand neighborhood. Just a block from St. Mary's or the Arboretum; a few blocks from the zoo, Monona Bay, Meriter, Park Street eating and entertainment locations; quick bike to campus or the Square. Features include hardwood floors, formal dining, yard space for gardening or possibly a future garage, individual laundry hookups. First showing only Unit 2. Unit 1 has a slightly smaller living room (because of hallway placement), otherwise identical layout. Property in an Estate; no RECR and limited income/expense history available

Beautifully maintained home in the heart of Tenney-Lapham awaits a new owner! This lovingly cared for 3 bed/1.5 bath home blends original character with thoughtful updates throughout. Hardwood floors flow through the home, while the updated kitchen with breakfast bar opens nicely to the dining room. The freshly renovated four season sunroom provides a bright, inviting space to relax year round. Outside, the massive 2-car garage is a rare find, with a finished studio above featuring updated electrical, heating, and views over the home and yard. This detached studio is perfect for an office, creative space, or hangout. New roof and gutters ('26), H2O heater ('26), and other updates provide added peace of mind. Close to Tenney Park, Lake Mendota, schools, the bustling E Johnson corridor, and everything downtown Madison has to offer. A truly special home in one of Madison's most sought after neighborhoods!

An exceptional opportunity in downtown Madison, WI, this 3-unit, 9-bedroom is the closest house on Mifflin to campus with great southern light, full front decks, and rear exit decks. Each unit in this turn-key property is leased thru 08/2027 and offers a spacious and practical layout, including a full kitchen, three bedrooms, one bathroom, and a comfortable living area. Tenants appreciate the updated basement with storage and laundry. Additional income is generated through four on-site parking spaces. Tenants are responsible for electricity, garbage/recycling, cleaning, and snow removal. With gross income of $108,900 for 2026/2027 and several rents below market, a new buyer has the potential to earn an even greater return on their investment through future lease adjustments. Cap rate of 8.36% per seller

Ultra-rare opportunity to purchase five contiguous parcels on the 500 block of West Mifflin and West Dayton Streets! Each of these five parcels has a multi-unit property earning solid rents and large back parking lots for additional income. The four Mifflin properties make a rectangle of approximately 130 x 120 feet. The abutting Dayton Street parcel makes this a unique opportunity for redevelopment with driveway access to both streets. Most of the parcels have 4 parking stalls and that income is not included in the rent data above. This is a once-in-a-generation opportunity to get this much land in a top-tier campus housing location. 535 W Dayton rent is $5,615 and has 7 bedrooms. Five parcels: 534 W Mifflin St. 070923124-, 536 W Mifflin St. 070923124-, 538 W Mifflin St. 070923124-, 540 W Mifflin St. 070923124-, 535 W Dayton St. 070923124

Great downtown 3-unit in an unbeatable location! New roof in 2025, newer furnace and updated electrical which are separately metered. Just blocks from the Capitol Square, James Madison Park & Kohl Center. Residents will love the inviting front porches ideal for entertaining, with easy access to downtown dining, shopping, entertainment, and the lakefront. Fully rented until August of 2027. This is a wonderful opportunity for investors to add to their portfolio or new investors just getting started to own in a wonderful neighborhood

120-122 N Franklin St is a rare opportunity to own a high-performing 3-flat investment property with an incredible 14 bedrooms in one of Madisonâs most desirable rental locations. Currently generating over $13,500/month in income with potential to exceed $14,500/month, this property offers immediate cash flow and strong upside potential. Located steps from James Madison Park, tenants love the oversized units, available parking, outdoor porches, and classic charm that make these apartments exceptionally easy to rent year after year. The property has been well maintained, including a newer boiler installation, making it an attractive option for investors seeking stability and long-term appreciation. Large unit sizes, premium location, and strong rental demand make this a truly rare Madison investment opportunity. The property is also being offered as part of the 120-126 N Franklin st portfolio. A rare side-by-side 27 bedroom opportunity with significant development potential

Gigantic, mint, 3 unit overlooking Wingra Park & Lake Wingra. Each apartment is in great shape with large living rooms, bedrooms, updated kitchens and bathrooms & substantial front porches overlooking Wingra Park! Walkable to everything on Monroe St. Fully occupied and current revenue is $91K/year. Unit A (1BD/1BA). 1,945, Unit B (1BD/1BA). 1,895, Unit C (3BD/2BA). 3,525. Upgraded HVAC & central A/C in all 3 units

Arboretum arms llc apartments! This spacious, charming, brick building apartments have a large living room, formal dining room. Each unit has one bath with tub and shower. With the exception of the kitchen and bath, there are hardwood floors throughout. An open sun porch overlooks the yard and garden area. It is 1/2 block to the Arboretum and Lake Wingra with boats available for rental. Close proximity to Edgewood College and UW Madison. On Bus Line. Biking and Jogging trails through the Arboretum. Shops and restaurants are within walking distance. Nearby grocery. Two apartments per floor allows each apartment three sides of windows. There are three buildings total

Stunning all-brick home in the heart of Madison! Just across from Tenney Park, a short walk to Breese Stevens Field, Willy Street Co-op, an incredible selection of restaurants, & neighborhood amenities. Thoughtfully renovated down to the studs, the main level features solid walnut floors, a spacious gourmet kitchen with custom walnut cabinetry, Bosch double ovens & dishwasher, induction cooktop + Viking refrigerator. The two great first floor bedrooms utilize the two well appointed bathrooms. Including a five-head Kohler walk-in shower, & an oversized soaking tub. The finished lower level offers two additional bedrooms/offices, a full bath, rec room, & laundry. Recent updates include a brand-new roof in 2026, select new flooring, fresh paint, +more. Detached two-car garage & parking for 3 additional cars complete this exceptional property

Welcome to the Festner House! Gorgeous Italianate in the First Settlement District built in 1862 and listed on the Madison Historic Registry. Meticulously maintained and thoughtfully restored. From the dentil moldings and newer Marvin windows on the exterior, to the original flooring throughout the main floor. Large chef's kitchen complete with hickory flooring, stainless appliances as well as ample storage and space to entertain. Formal dining area with a parlor room off to the side featuring a full remodeled bath. Upstairs you will find a blend of original and hickory hardwoods, fully remodeled bath as well as a spacious primary bedroom. While away on your front porch and watch the neighborhood go by with views of Lake Monona. Delight in the parking area that includes 6 Parking Spaces in the back. Perfect for personal use and rent out to neighborhood businesses. All mechanicals, roof, chimneys and insulation replaced within the last few years

A rare opportunity to own a distinctive single-family home in the heart of Madison's historic Mansion Hill. Designed by noted Madison architect Henry Loeprich, this character-filled home blends historic craftsmanship with thoughtful updates. Beautifully proportioned rooms, original architectural charm, inviting porches, fresh paint throughout, and multiple kitchen improvements = historic appeal + easy to live in. Enjoy 1,864 sq. ft. Of flexible living space, including a versatile loft currently used as a home office. A private garage provides secure parking or space for bikes, scooters, recreational gear or storageâa rare and valuable combination in this part of Madison. Walk to the farmers market (two blocks! ), restaurants, museums, the Capitol, UW and both lakesâall mere steps away

All brick, 3 unit, with new private driveway and 2 car garage! This 3 unit is walkable to all Monroe St restaurants, shops, parks and lake Wingra! All of the units have hardwood floors & have been refreshed/remodeled within the last 18 months. New boiler (2026), new 100A electrical (2025). Unit 1 (2 bed+den). 2,795. Unit 2 (1 bed). 1,625. Unit 3 (1 bed). 1,695. Tenants pay electric. Landlord pays heat, water, internet. Each apartment has at least one off street parking space included. Across the street from Collectivo!