Opportunity awaits with this charming 2-unit investment property in a highly desirable Madison location! Featuring a vacant 4-bedroom, 2-bath unit, this property offers excellent flexibility for an owner-occupant or the ability to maximize rental income with a new tenant. The second unit is a cozy 1-bedroom, 1-bath apartment, providing an additional income stream. Full of timeless character and original charm, this home offers spacious living and endless potential. Conveniently located just minutes from UW–Madison, Lake Monona, downtown, parks, restaurants, and public transportation, this is an ideal opportunity for investors and homeowners alike. Don't miss your chance to own a versatile property in a prime location!
For sale
Price cut: $31K (7/27)
$719,000
137 Proudfit St, Madison, WI 53715
5beds
1,730sqft
Multi Family
Built in 1874
-- sqft lot
$694,300 Zestimate®
$416/sqft
$-- HOA
What's special
- --
- on Zillow |
- 685
- views |
- 21
- saves |
Zillow last checked:
Listing updated:
Listed by:
Rose Freidel,
First Weber Inc,
Mikayla Elliott,
First Weber Inc
Source: SCWMLS,MLS#: 2027540
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Cooling
- Air Conditioning (Unit 2)
Appliances
- Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Washer/Dryer (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Dishwasher (Unit 2), Washer/Dryer (Unit 2)
- Laundry: In Unit (Unit 1)
Features
- Family/Rec Room (Unit 2)
- Basement: Full
Interior area
- Total structure area: 1,730
- Total interior livable area: 1,730 sqft
Property
Parking
- Total spaces: 3
- Parking features: 1 stall garage, Detached, 2 spaces, Outside, Gravel
- Has garage: Yes
- Details: Outside
Features
- Levels: Two
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 070923407013
- Zoning: DR2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Aluminum Siding
Condition
- Year built: 1874
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Madison
Financial & listing details
- Price per square foot: $416/sqft
- Tax assessed value: $605,000
- Annual tax amount: $9,663
- Date on market: 7/8/2026
- Inclusions: 2 washers, 2 dryers, 2 refrigerators, 2 stove/ovens, 1 dishwasher.
- Exclusions: Renter's personal property.
- Total actual rent: 43200
Estimated market value
$694,300
$660,000 - $729,000
$2,674/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Price change | $719,000-4.1%$416/sqft |
Source: SCWMLS #2027540 Report a problem | ||
| 7/8/2026 | Listed for sale | $750,000+36.4%$434/sqft |
Source: SCWMLS #2027540 Report a problem | ||
| 10/17/2022 | Sold | $550,000$318/sqft |
Source: Public Record Report a problem | ||
| 9/13/2022 | Pending sale | $550,000$318/sqft |
Source:  WIREX MLS #1942572 Report a problem | ||
| 9/8/2022 | Listed for sale | $550,000+41%$318/sqft |
Source: WIREX MLS #1942570 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/4/2018 | Listing removed | $3,000$2/sqft |
Source: Owner Report a problem | ||
| 1/13/2018 | Listed for rent | $3,000$2/sqft |
Source: Owner Report a problem | ||
| 3/30/2017 | Listing removed | $3,000$2/sqft |
Source: Owner Report a problem | ||
| 3/6/2017 | Price change | $3,000-6.3%$2/sqft |
Source: Owner Report a problem | ||
| 2/8/2017 | Price change | $3,200-5.9%$2/sqft |
Source: Owner Report a problem | ||
| 1/19/2017 | Listed for rent | $3,400$2/sqft |
Source: Owner Report a problem | ||
| 8/9/2016 | Sold | $390,000+82.8%$225/sqft |
Source: Public Record Report a problem | ||
| 8/26/2011 | Sold | $213,400$123/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,766 +4.9% | $550,000 +8% |
| 2023 | $10,263 | $509,400 +8% |
| 2022 | -- | $471,700 +12% |
| 2021 | -- | $421,200 +8% |
| 2020 | -- | $390,000 |
| 2019 | $8,705 | $390,000 |
| 2018 | $8,705 -3.5% | $390,000 |
| 2017 | $9,020 +63.7% | $390,000 +69% |
| 2016 | $5,510 +5% | $230,800 +5% |
| 2014 | $5,247 +36.8% | $219,800 +3% |
| 2013 | $3,837 -23% | $213,400 |
| 2012 | $4,982 +29.9% | $213,400 +22.5% |
| 2011 | $3,837 +3.6% | $174,200 |
| 2010 | $3,703 +3.5% | $174,200 -4% |
| 2009 | $3,579 +0.7% | $181,500 -4% |
| 2008 | $3,555 -1.6% | $189,100 |
| 2007 | $3,613 +0.1% | $189,100 |
| 2006 | $3,609 -1% | $189,100 +5% |
| 2005 | $3,645 +3.2% | $180,100 +10% |
| 2004 | $3,531 +5.6% | $163,700 |
| 2003 | $3,343 +5% | $163,700 +17.2% |
| 2002 | $3,184 +15% | $139,700 +20% |
| 2001 | $2,768 +1.7% | $116,400 +5% |
| 2000 | $2,723 | $110,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Capitol
Nearby schools
GreatSchools rating
- NAFranklin Elementary SchoolGrades: PK-2Distance: 0.7 mi
- 8/10Hamilton Middle SchoolGrades: 6-8Distance: 3.4 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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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