Extremely rare investment/development opportunity in the epicenter of downtown Madison! These three contiguous rental properties are three separate parcels for sale together. 200 Marion St, 202 Marion St, and 542 W Dayton St form a large rectangle of land on the corner of those two streets. All three are fully rented through mid-August 2026. See the attached documents for specific unit rent info. This is a once-in-a-generation opportunity to purchase 3 abutting properties with such incredible proximity to campus. 202 Marion rents 5 parking spaces. Parcel numbers: 070923212181, 070923212199, 070923212173
Sold for $2,450,000
$2,450,000
200-202 Marion St #542-W, Madison, WI 53703
18beds
5,742sqft
Multi Family
Built in 1894
-- sqft lot
$2,522,900 Zestimate®
$427/sqft
$2,153 Estimated rent
Home value
$2,522,900
$2.37M - $2.67M
$2,153/mo
Zestimate® history
Owner options
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$2,153/mo
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$2,153/mo
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$13,379/mo
Est. payment
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$13,379/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Caleb Payne,
Madcityhomes.Com,
Stuart Meland,
Madcityhomes.Com
Bought with:
Caleb Payne, 93139-94
Madcityhomes.Com
Source: SCWMLS,MLS#: 2005615
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Natural Gas, Forced Air
Features
- Basement: Partial
Interior area
- Total structure area: 5,742
- Total interior livable area: 5,742 sqft
Property
Parking
- Total spaces: 6
- Parking features: Outside
- Details: Outside
Lot
- Size: 7,840 Square Feet
Details
- Parcel number: 070923212181
- Zoning: UMX
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other, Vinyl Siding, Wood Siding
- Foundation: Other
Condition
- Year built: 1894
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Madison
Financial & listing details
- Price per square foot: $427/sqft
- Tax assessed value: $1,608,100
- Annual tax amount: $25,807
- Date on market: 7/31/2025
- Listing terms: Arms Length
- Inclusions: 6 refrigerators, 6 ranges, 2 washers, 2 dryers
- Exclusions: window AC units
- Total actual rent: 144828
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2025 | Sold | $2,450,000-3.9%$427/sqft |
Source: SCWMLS #2005615 Report a problem | ||
| 8/10/2025 | Pending sale | $2,550,000$444/sqft |
Source:  WIREX MLS #2005615 Report a problem | ||
| 7/31/2025 | Listed for sale | $2,550,000$444/sqft |
Source: WIREX MLS #2005615 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: State-Langdon
Nearby homes
- $461,5005 bd2 ba1.3k sqft200 Marion St, Madison, WI 53703Sold
- $844,4003 bd1 ba3.1k sqft202 Marion St, Madison, WI 53703Off Market
- $--3 bd1 ba-- sqft202 Marion St #3, Madison, WI 53703Off Market
- $--3 bd1 ba-- sqft202 Marion St #1, Madison, WI 53703Off Market
- $398,6003 bd1 ba1.1k sqft542 W Dayton St, Madison, WI 53703Off Market
- $--3 bd1 ba-- sqft542 W Dayton St #2, Madison, WI 53703Off Market
- $--1 bd1 ba-- sqft542 W Dayton St #1, Madison, WI 53703Off Market
- $927,2005 bd2 ba1.3k sqft206 Marion St, Madison, WI 53703Off Market
Nearby schools
GreatSchools rating
- NAFranklin Elementary SchoolGrades: PK-2Distance: 1.1 mi
- 8/10Hamilton Middle SchoolGrades: 6-8Distance: 3.3 mi
- 9/10West High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- 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
$2,522,900
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
$2,522,900
- Wisconsin
- Dane County
- Madison
- 53703
- State-Langdon
- 200-202 Marion St Unit 542-W
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