Home / Madison / Sherman Terrace
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Updated over 1 month ago
Contact property manager for current availability

Sherman Terrace


Madison, WI

2 Bed
•
1 Bath

600 Sq. Ft.

Available starting Apr. 15th
2 Beds • 1 Bath
$1,200
600 ft2
1 Available

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-
$1,200
Available Apr 15th, 2024
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
52
Somewhat Walkable
Transit Score®
45
Some Transit
Bike Score®
93
Biker's Paradise
Amenities
In-unit Laundry
On-site Laundry
Storage
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Controlled Access
On Bus Line
Water Included
Bike Parking
Vintage Building
Court Yard
24-hour Maintenance
Dining Room
Near Grocery Store
Near Fire Department
Sewer Included
Bath Tub
Cable-ready
Double Pane / Storm Windows
Heat: Forced Air
Yard
Range / Oven
Living Room
Carpet
Balcony, Deck, Patio
Fees & leasing info
Pets
Cats Ok
Breed Restrictions:

Cat-Friendly

Size Restrictions:

None

Pet Deposit:

None

Parking
Surface Parking
Guest Parking
Off-street Parking
More Info:

Parking Lot

Lease & Fees
Application Fee: None
Late Fee: 4%
Security Deposit: One Month Rent
Property details
Description

There are lots of windows and a built in wardrobe. Cool retro kitchen. The separate dining area means no eating at the couch. Across the street from Tenney Park Beach, near Lake Mendota. Cat-friendly. Parking included. Laundry on-site. Available August 1. Call us today to schedule a showing.

Additional Details
Storage: small
Year Built: 1949
Total Unit Count: 1
Last Updated: Updated over 1 month ago
Contact Number: (608) 765-5540
Property manager information
Oakland Property Services
122 E. Olin Ave., Suite 195
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Office Hours
Monday: By Appointment
Tuesday: By Appointment
Wednesday: By Appointment
Thursday: By Appointment
Friday: By Appointment
Open House
Monday: By Appointment
Tuesday: By Appointment
Wednesday: By Appointment
Thursday: By Appointment
Friday: By Appointment
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Desired Number of Bedrooms
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Photos Floor Plans Amenities
About
Welcome to Sherman Terrace, a charming apartment community managed by Oakland Property Services. Conveniently located in Madison, Wisconsin, this property offers a selection of 2 bedroom floor plans to suit your needs. Built in 1949, Sherman Terrace boasts a retro charm that is sure to delight.

Each unit at Sherman Terrace offers a minimum of 600 square feet of living space, providing ample room for your belongings. Inside, you'll find lots of windows that flood the space with natural light, creating a warm and inviting atmosphere. The built-in wardrobe adds convenience and enhances the overall functionality of the apartment.

One of the highlights of Sherman Terrace is its separate dining area, which allows for a dedicated space to enjoy your meals and entertain guests. No more eating at the couch! Additionally, the property offers a range of amenities to enhance your living experience. These include surface parking, in-unit laundry, a balcony, deck, patio, and storage space.

Sherman Terrace is situated in close proximity to several vibrant neighborhoods, including Miffland, Emerson East, and Tenney-Lapham. Residents can take advantage of the beautiful Tenney Park Beach, located just across the street, offering picturesque views of Lake Mendota.

Cat lovers will be pleased to know that Sherman Terrace is a cat-friendly community, allowing your furry friend to join you in your new home. On-site laundry facilities add convenience to your daily routine, and water is included in your rental package.

Don't miss out on the opportunity to call Sherman Terrace home. With an available unit starting on August 1st, reach out to Oakland Property Services today to schedule a showing and see all that this lovely community has to offer.
Schools
Data provided by GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Sherman Terrace by bedroom type below.
2 Bedroom
Suggested income:
$43,200
per year
Rent report

Sherman Terrace Rent vs. Madison Average

 Sherman Terrace      Madison Average
2BR
$1,200
$2,012
$0
$700
$1,400
$2,100
$2,800

Sherman Terrace is asking 40% less than the average 2 bedroom apartment in Madison.

If you upsized to an average priced Madison 3 bedroom apartment, you would pay 9% more per month.

If you downsized to an average priced Madison 1 bedroom apartment, you would pay 30% less per month.

Sherman Terrace provides 42% less square footage than the average Madison 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Sherman Terrace
2BR $1,200 $2.00 $3,600
Madison Average
Studio $1,283 $3.00 $3,848
1BR $1,548 $2.20 $4,643
2BR $2,012 $1.90 $6,035
3BR $2,199 $1.60 $6,598
4BR $2,299 $1.50 $6,896

Availability in Madison

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,815 2BR units on the market in Madison. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
15% 30% 40% 12% 3%
Available Units in Madison
Studio 678
1BR 1,353
2BR 1,815
3BR 521
4BR 117
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Select Specialty Hospital Madison 2.68 mi.
Unitypoint Health Meriter 2.79 mi.
Mendota Mental Hlth Institute 3.08 mi.
Nearby Fire Stations
Name Distance
Marquette Volunteer Fire Department 0.42 mi.
Truax Field/Dane County Regional Airport Fire Department 0.99 mi.
Madison Fire Department 1.93 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on April 15, 2024.
What's the square footage of the available units?
It's 600 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Sherman Terrace has a 2 bedroom unit starting at $1,200.
Where is this property located?
This property is at Sherman Terrace in Madison, WI. It's 2.0 miles northeast from the center of Madison.
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