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3116-3118 Old Gate Rd

Madison, WI 53704

6 bd 6 ba 3,000 sqft Built 1991 Lot 13,939 sqft multi_family
Most recent sale
$465,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2022 Sold $465,000 MLS #1903995
Dec 9, 2016 Sold $275,000 MLS #1788296
Oct 10, 2016 Listed $285,000 MLS #1788296
Aug 22, 2016 Listing removed $285,000 SCWMLS
Mar 28, 2016 Relisted $285,000 MLS #1770167
Mar 25, 2016 Listing removed $285,000 SCWMLS

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1991
Property type
multi_family
Stories
2
Beds
6
Baths
6
Living area
3,000 sqft
Lot size
13,939 sqft
ZIP code
53704
City
Madison
Street
Old Gate Rd
Coordinates
43.13664, -89.32035

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,500
Gross rental yield
11.61%
Implied cap rate
7.55%
Trend-extrapolated value

Frequently asked questions

When did 3116-3118 Old Gate Rd last sell?
3116-3118 Old Gate Rd most recently sold on Apr 22, 2022 for $465,000.
What is the current tax assessment for 3116-3118 Old Gate Rd?
No tax-assessment history is recorded for this parcel.
When was 3116-3118 Old Gate Rd built?
3116-3118 Old Gate Rd was built in 1991.
How does 3116-3118 Old Gate Rd compare to others on Old Gate Rd?
We track 8 other properties on Old Gate Rd. Browse the list under "Other properties on Old Gate Rd" to compare beds, baths, and sale history.
What are the property facts for 3116-3118 Old Gate Rd?
3116-3118 Old Gate Rd is a 6 bed, 6 bath, 3,000 sqft, 13,939 sqft lot multi_family.
Is 3116-3118 Old Gate Rd a flip candidate?
No — 3116-3118 Old Gate Rd does not appear in our flips dataset.
Is 3116-3118 Old Gate Rd a tax-appeal candidate?
No — 3116-3118 Old Gate Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.9%
Implied 1-yr
-11.6%
2026 Q3
$292.7K
2026 Q4
$282.2K
ZIP 53704 — Median Price History + Forecast

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