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Updated 22 hours ago

Sherman Terrace

VERIFIED

Madison, WI

2 Bed
•
1 Bath

600 Sq. Ft.

Available Now
2 Beds • 1 Bath
3D Tour
$1,190
600 ft2
1 Available
33-3
$1,190
3D Tour
Available Now
View
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
24-hour Maintenance
Court Yard
Bike Parking
Range / Oven
Near Grocery Store
Near Fire Department
Sewer Included
Virtual Walkthrough
Vintage Building
Bath Tub
Cable-ready
Double Pane / Storm Windows
Heat: Forced Air
Yard
Dining Room
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 22 hours ago
Contact Number: (608) 420-6084
Property manager information
Waypoint Property Management 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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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.
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:
$42,800
per year
Rent report

Sherman Terrace Rent vs. Madison Average

 Sherman Terrace      Madison Average
2BR
$1,190
$2,120
$0
$700
$1,400
$2,100
$2,800

Sherman Terrace is asking 44% less than the average 2 bedroom apartment in Madison.

If you upsized to an average priced Madison 3 bedroom apartment, you would pay 17% more per month.

If you downsized to an average priced Madison 1 bedroom apartment, you would pay 33% less per month.

Sherman Terrace provides 40% less square footage than the average Madison 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Sherman Terrace
2BR $1,190 $2.00 $3,570
Madison Average
Studio $1,275 $3.10 $3,824
1BR $1,598 $2.40 $4,795
2BR $2,120 $2.10 $6,359
3BR $2,568 $2.00 $7,704
4BR $2,885 $2.10 $8,654

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 2,339 2BR units on the market in Madison. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
14% 32% 41% 9% 3%
Available Units in Madison
Studio 820
1BR 1,829
2BR 2,339
3BR 513
4BR 158
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 now.
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 $1,190.
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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