Madison Homes under $400,000

Welcome to Madison, Wisconsin – a vibrant city known for its rich culture, beautiful landscapes, and a strong sense of community. Nestled between the serene shores of Lake Mendota and Lake Monona, Madison is not only the state capital but also a hub of education, innovation, and outdoor recreation. With its picturesque parks, bustling farmers' markets, and lively arts scene, Madison offers a unique blend of urban amenities and natural beauty.

For those seeking to plant roots in this charming city, the real estate market has exciting opportunities, especially for homes priced under $400,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, Madison's diverse neighborhoods cater to a variety of lifestyles. From the historic charm of the Near East Side to the family-friendly atmosphere of the West Side, there’s a perfect home waiting for you.

Within this price range, you can discover cozy bungalows, modern townhomes, and spacious single-family houses, all featuring the quality craftsmanship and character that Madison is known for. With a strong emphasis on community, you’ll find friendly neighbors, access to top-rated schools, and an abundance of parks and recreational activities right at your doorstep.

Madison is not just a place to live; it’s a place to thrive. With its vibrant cultural scene, excellent dining options, and a commitment to sustainability, this city provides an exceptional quality of life. Come explore Madison and find your dream home today – where every day feels like a celebration of life!

Newest Madison Homes under $400,000

$219,900

2 Beds ⋅ 1 Baths

INVESTORS!! Looking for your next investment opportunity? This 2-bedroom, 1-bath home is full of potential and ready for someone with the vision to bring it to life! Whether you're looking to renovate and resell, add to your rental portfolio, or create a home with your own personal touch, this property offers an opportunity to turn your ideas into something special.

150 Walter St, Madison

Listing courtesy of Next Door Realty.

$143,900

2 Beds ⋅ 1 Baths

INVESTOR & FLIPPER OPPORTUNITY! Bring your vision and renovation expertise to this 2-bedroom, 1-bath Sherman Terrace condo in a desirable Madison location! Conveniently situated near Lake Mendota, Tenney Park, downtown Madison, shopping, dining, and major commuter routes. This vacant unit offers an opportunity for investors, contractors, or experienced renovators looking to restore and add value. Considerable mold remediation, repairs, and updating are needed throughout. Property is being sold strictly AS IS, with seller making no repairs. Cash buyers and renovation investors encouraged. Excellent opportunity to transform this diamond in the rough into an attractive residence in an established neighborhood. Bring your contractor and explore the potential!

4 Sherman Ter Unit 6, Madison

Listing courtesy of Lake Country Flat Fee.

$365,000

3 Beds ⋅ 2 Baths

Meticulously maintained by the same owners for 50 years, this inviting 3-bedroom, 2-full-bath home offers comfort, care, and an excellent location. Enjoy hardwood floors in the living room and beneath the bedroom carpets, ready to be uncovered. The eat-in kitchen provides ample cabinet space for storage and everyday convenience. A partially finished lower level offers additional living space in the family room featuring a free standing gas fireplace. An additional garden shed provides convenient storage for tools, lawn equipment, and outdoor essentials. Nestled in the Elvehjem neighborhood offering easy access to commuting routes and everyday amenities, this well-cared-for home is a wonderful opportunity to make it your own!

4701 Ferris Ave, Madison

Listing courtesy of Keller Williams Milwaukee North Shore.

$299,900

3 Beds ⋅ 1 Baths

Ideally situated just off Seminole Hwy, this charming ranch puts you minutes from shopping, dining & entertainment. Step inside to a sun-filled living room with gleaming hardwood floors, flowing into a dining room. The kitchen offers ample cabinet and counter space plus pantry storage with access to the fenced side yard - perfect for indoor-outdoor entertaining and pets. All 3 BDRs have hardwood flooring. Full bath features a classic tub/shower combo, charming wainscoting detail and plenty of natural light. Downstairs, the lower level offers abundant storage plus a dedicated laundry area. Outside, unwind in the newly fenced side yard. Priced to reflect condition -- great opportunity for buyers ready to add their personal touch and equity through updates.

1810 Axel Ave, Madison

Listing courtesy of Compass RE WI-Tosa.

$366,500

3 Beds ⋅ 1 Baths

RATE BUYDOWN OFFERED Updates: Professionally Cleaned. Professionally Landscaped. Professionally Painted. Almost 500 Sq Ft Garage Home Warranty Provided by the Seller. Nearby you'll find the University of Wisconsin Arboretum, Lake Wingra, Wingra Creek Path, Allied Drive Park, and convenient access to Park Street and Verona Road Amenities. Some photos are Digitally Staged

2218 Catalpa Rd, Madison

Listing courtesy of Fathom Realty, LLC.

$165,000

2 Beds ⋅ 1 Baths

As they say, everything happens for a reason... Back on the market (no fault of Seller), and waiting for you! Move in & make this 2 bedroom, 1.5 bath condo yours while building sweat equity at the same time. Private entrance, Private yard, Private basement, Fantastic location! Priced below assessed value, with a little elbow grease you can make this baby shine!

207 East Bluff -, Madison

Listing courtesy of Realty Executives Integrity~Brookfield.

$299,900

1 Beds ⋅ 1 Baths

Sophisticated second-level condo in sought-after Hilldale Row Association! Unbeatable convenience--steps from groceries, shopping, and dining. This modern 1-bed, 1-bath unit features sleek flooring, a contemporary kitchen with stainless appliances, under-cabinet and custom ceiling lighting, plus granite countertops in the kitchen, bath, and study. The versatile living area offers space for a home office or cozy retreat. Spacious bedroom with custom closet. Includes in-unit laundry, one parking spot, and storage. On bus lines, minutes to UW, downtown, and hospitals. Stylish, move-in-ready condo in the heart of it all!

688 N Midvale Blvd Unit 201, Madison

Listing courtesy of Redefined Realty Advisors LLC.

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Madison Homes under $400,000

Newest Madison Homes under $400,000

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