Active

$480,000

1013 Colby St, Madison, WI 53715

5beds

900sqft

$4,078/mo

Get pre-qualified

Apartment

Built in 1900

-- sqft lot

$466,200 Zestimate^®

$533/sqft

$-- HOA

What's special

First time on the market in 30 years! Great investment opportunity in popular Madison location. 3 total units, (2) two bedroom/ 1 bath units and (1) one bedroom/ 1 bath unit. Detached garage currently used for storage, huge backyard. Unit 2 & 3 are currently being left vacant for possible owner occupied purchase.

--: on Zillow
569: views
37: saves

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Natural Gas, Forced Air

Appliances

Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Dishwasher (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Dishwasher (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Dishwasher (Unit 3)

Features

Flooring: Wood or Simulated Wood (Unit 2)
Basement: Full

Interior area

Total structure area: 900
Total interior livable area: 900 sqft

Property

Parking

Total spaces: 2
Parking features: 1 stall garage, Detached, 2 spaces, Outside, Asphalt
Has garage: Yes
Details: Outside

Features

Levels: Three Or More

Lot

Size: 9,147 Square Feet

Details

Parcel number: 070925206067
Zoning: TR-V1

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Vinyl Siding, Wood Siding
Foundation: Other

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Heat Included, Separate elec meters, Sewer Included, Water Included

Community & HOA

Community

Subdivision: Oak Grove

Location

Region: Madison

Financial & listing details

Price per square foot: $533/sqft
Tax assessed value: $335,000
Annual tax amount: $6,158
Date on market: 9/20/2026
Inclusions: 3 oven/ranges, 3 refrigerators, 3 dishwashers
Exclusions: Tenants & Sellers personal property, washer and dryer are leased
Total actual rent: 13380

Estimated market value

$466,200

$443,000 - $490,000

$2,778/mo

Price history

Date	Event	Price
9/20/2026	Listed for sale	$480,000$533/sqft
Source: SCWMLS #2033061 Report a problem
9/13/2019	Listing removed	$640$1/sqft
Source: Apex Property Management Report a problem
8/30/2019	Listed for rent	$640$1/sqft
Source: Apex Property Management Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$5,961 +3.9%	$304,500 +7%
2023	$5,734	$284,600 +8%
2022	--	$263,500 +20%
2021	--	$219,600
2020	--	$219,600 +4%
2019	$4,246	$211,200 +10%
2018	$4,246 -3.5%	$192,000
2017	$4,400 +19.9%	$192,000
2016	$3,670 +7%	$192,000 +32.6%
2014	$3,430 +6.6%	$144,800 +10%
2013	$3,218 +3.5%	$131,600
2012	$3,109 +5.2%	$131,600
2011	$2,956 +3.6%	$131,600
2010	$2,852 +3.8%	$131,600 -4%
2009	$2,748 +4.4%	$137,100
2008	$2,631 -2.3%	$137,100
2007	$2,693 -0.3%	$137,100
2006	$2,701 -0.5%	$137,100 +5%
2005	$2,714 +0.9%	$130,600 +8%
2004	$2,690 -4%	$120,900
2003	$2,802 +6.8%	$120,900 +8%
2002	$2,625 -0.8%	$111,900 +4%
2001	$2,645 +2%	$107,600 +5%
2000	$2,594	$102,500