Bought with Madison Property Management, Inc.
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828 E Dayton Street Madison, WI 53703
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Key Details
Sold Price $485,000
Property Type Multi-Family
Sub Type 2 story,2 flat-up and down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $220
MLS Listing ID 2029613
Sold Date 09/25/26
Bedrooms 6
Full Baths 2
Year Built 1918
Annual Tax Amount $8,791
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type 2 story,2 flat-up and down
Property Description
Fully leased two-unit investment property in Tenney-Lapham, one of Madison's most walkable near-east neighborhoods. Both units are spacious 3-bedroom, 1-bath layouts of roughly 1,100 square feet. Current leases run through May 31, 2027 at $2,100 and $2,200 per month - $51,600 in annual gross income with no near-term turnover. Two new furnaces (2025) and a rebuilt front porch (2021) put the major capital items behind you. Tenants pay their own gas and electric; owner covers water and sewer. Steps to Reynolds Park; James Madison Park and the Lake Mendota shoreline are three blocks north, with groceries, the Capitol Square, and the E Washington corridor an easy walk or bike ride away. Lapham/Marquette, O'Keeffe and East schools. A durable, low-maintenance hold in a rental market that stays tight.
Location
State WI
County Dane
Area Madison - C E01
Zoning TR-V1
Direction From E Washington Ave, go north on N Livingston St to E Dayton St, then east. 828 is in the 800 block between N Livingston and N Paterson.
Rooms
Basement Full, Laundry facilities
Interior
Heating Forced air
Heat Source Natural Gas
Exterior
Parking Features 2 spaces, Outside, Driveway Entrance
Utilities Available Separate elec meters, Separate gas meters, Sewer Included, Water Included
Building
Water Municipal sewer, Municipal water
Structure Type Vinyl
Schools
Elementary Schools Lapham/Marquette
Middle Schools Okeeffe
High Schools East
School District Madison
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This information, provided by seller, listing broker, and other parties, may not have been verified.
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