Rare opportunity to own a well-maintained two-flat in one of downtown Madison’s most desirable rental locations. Just minutes from the Capitol Square, UW–Madison, Brittingham Park, and Lake Monona, this property offers strong investment appeal in a consistently high-demand area. The spacious upper unit features 3 bedrooms, while the oversized lower 2-bedroom unit offers excellent layout flexibility and potential for a future 3-bedroom conversion. Both units have seen thoughtful updates over time, including newer windows, refreshed kitchen finishes, and the addition of a dishwasher. Rear parking is a major bonus, highlighted by two covered garage spaces. Seller would prefer to sell in conjunction with neighboring property, see 112-114 Proudfit listing.
Sold for $630,000
$630,000
116-118 Proudfit St, Madison, WI 53715
5beds
2,186sqft
Apartment
Built in 1925
-- sqft lot
$629,900 Zestimate®
$288/sqft
$2,327 Estimated rent
Home value
$629,900
$598,000 - $661,000
$2,327/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Matt Lindholm,
Bruner Realty & Management
Bought with:
Tony Ritschard, 51680-94
First Weber Inc
Source: SCWMLS,MLS#: 2023081
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2)
Appliances
- Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Dishwasher (Unit 1), Washer/Dryer (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Dishwasher (Unit 2), Washer/Dryer (Unit 2)
- Laundry: Common Area
Features
- Family/Rec Room (Unit 1), Dining Room (Unit 1), Shared basement, Family/Rec Room (Unit 2), Dining Room (Unit 2)
- Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2)
- Basement: Full,Laundry facilities,Unfinished
Interior area
- Total structure area: 2,186
- Total interior livable area: 2,186 sqft
Property
Parking
- Total spaces: 4
- Parking features: 2 stall garage, Detached
- Garage spaces: 2
- Details: Outside
Features
- Levels: Two
- Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2)
Lot
- Size: 5,445 sqft
- Features: Near Public Transit
Details
- Parcel number: 070923408483
- Zoning: TR-C4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Wood Siding
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate elec meters, Separate gas meters
Community & neighborhood
Location
- Region: Madison
HOA & financial
Other financial information
- Total actual rent: 56580
Other
Other facts
- Listing terms: Arms Length
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Sold | $630,000-9.4%$288/sqft |
Source: SCWMLS #2023081 Report a problem | ||
| 6/5/2026 | Contingent | $695,000$318/sqft |
Source: SCWMLS #2023081 Report a problem | ||
| 5/18/2026 | Pending sale | $695,000$318/sqft |
Source:  WIREX MLS #2023081 Report a problem | ||
| 5/12/2026 | Listed for sale | $695,000+25.2%$318/sqft |
Source: WIREX MLS #2023081 Report a problem | ||
| 4/17/2025 | Listing removed | $2,625$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/14/2025 | Listed for rent | $2,625+14.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/7/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/16/2024 | Listed for rent | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/5/2024 | Sold | $555,000+0.9%$254/sqft |
Source: SCWMLS #1971905 Report a problem | ||
| 3/6/2024 | Pending sale | $550,000$252/sqft |
Source: WIREX MLS #1971905 Report a problem | ||
| 3/6/2024 | Contingent | $550,000$252/sqft |
Source: WIREX MLS #1971905 Report a problem | ||
| 3/3/2024 | Listed for sale | $550,000$252/sqft |
Source: WIREX MLS #1971905 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Monona Bay
Nearby schools
GreatSchools rating
- NAFranklin Elementary SchoolGrades: PK-2Distance: 0.8 mi
- 8/10Hamilton Middle SchoolGrades: 6-8Distance: 3.3 mi
- 9/10West High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Franklin/Randall
- Middle: Hamilton
- High: West
- District: Madison
Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$629,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$629,900
- Wisconsin
- Dane County
- Madison
- 53715
- Monona Bay
- 116-118 Proudfit St
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