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Sold
    • $807,500

    401 W Main St, Madison, WI 53703

    9beds
    3,060sqft
    Apartment
    Built in 1899
    -- sqft lot
    $919,900 Zestimate®
    $264/sqft
    $-- Estimated rent

    Home value

    $919,900

    $828,000 - $1.02M

    Not available

    Zestimate® history
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    What's special

    3 unit rental property located downtown on the corner of S. Broom St. & W. Main St. just 3 blocks from the Capitol & Lake Mendota. All three units are 3 bedrooms with 1 full bath and central AC. Fully leased for the 2024-2025 & 2025-2026 rental season (with slight rent increases). New roof in 2017 per city assessor, washer/dryer onsite, all tenants pay gas & electric. Great location, easy to rent, reliable rental history and walking distance to UW.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jim Stopple,

    Madison Property Management, Inc.,

    Tony Xiong,

    Madison Property Management, Inc.

    Bought with:

    Melissa LeGrand, 57439-90

    @properties-elleven Christie's International

    Source: SCWMLS,MLS#: 1988164

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Forced Air, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2), Individual Heat Control (Unit 3)
    Cooling
    • Air Conditioning (Unit 1), Air Conditioning (Unit 2)
    Appliances
    • Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Refrigerator (Unit 2), Dishwasher (Unit 3), Range/Oven (Unit 3), Refrigerator (Unit 3)
    Features
    • Eat In Kitchen (Unit 1), Family/Rec Room (Unit 1), Eat In Kitchen (Unit 2), Family/Rec Room (Unit 2), Eat In Kitchen (Unit 3), Family/Rec Room (Unit 3)
    • Basement: Full,Walk-Out Access
    Interior area
    • Total structure area: 3,060
    • Total interior livable area: 3,060 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Levels: Two
    • Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2), Balcony/Patio (Unit 3)
    Lot
    • Size: 2,178 Square Feet
    • Features: Near Public Transit
    Details
    • Parcel number: 070923126051
    • Zoning: DR2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Aluminum Siding, Vinyl Siding
    Condition
    • Year built: 1899

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Separate elec meters, Separate gas meters

    Community & HOA

    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $264/sqft
    • Tax assessed value: $679,500
    • Annual tax amount: $11,519
    • Date on market: 10/21/2024
    • Listing terms: Arms Length
    • Inclusions: 3 water heaters, 3 furnaces, 1 washer, 1 dryer,
    • Exclusions: seller/tenants personal property
    • Total actual rent: 66900

    Price history

    DateEventPrice
    1/2/2025Sold$807,500-8.1%$264/sqft
    Source: Public Record Report a problem
    11/11/2024Contingent$879,000$287/sqft
    Source: WIREX MLS #1988164 Report a problem
    10/29/2024Price change$879,000-5.4%$287/sqft
    Source: WIREX MLS #1988164 Report a problem
    10/21/2024Listed for sale$929,000+66495%$304/sqft
    Source: WIREX MLS #1988164 Report a problem
    10/25/2022Price change$1,750+14.8%$1/sqft
    Source: Zillow Rental Network_1 Report a problem
    10/9/2022Listed for rent$1,525+17.8%
    Source: Zillow Rental Network_1 Report a problem
    12/11/2019Listing removed$1,295
    Source: 1020 E Johnson St Report a problem
    11/1/2019Listed for rent$1,295+5.7%
    Source: 1020 E Johnson St Report a problem
    3/25/2019Listing removed$1,225
    Source: 1020 E Johnson St Report a problem
    3/24/2019Price change$1,225-5.4%
    Source: 1020 E Johnson St Report a problem
    2/14/2019Price change$1,295-5.1%
    Source: 1020 E Johnson St Report a problem
    1/8/2019Listed for rent$1,365
    Source: 1020 E Johnson St Report a problem
    12/1/2018Listing removed$1,365
    Source: 1020 E Johnson St Report a problem
    11/25/2018Listed for rent$1,365
    Source: 1020 E Johnson St Report a problem
    10/23/2018Listing removed$1,365
    Source: 1020 E Johnson St Report a problem
    10/10/2018Listed for rent$1,365-5.5%
    Source: 1020 E Johnson St Report a problem
    1/3/2014Listing removed$1,445
    Source: Madison Property Management Report a problem
    11/6/2013Listed for rent$1,445
    Source: Madison Property Management Report a problem
    1/13/2010Listing removed$1,395
    Source: Madison Properties #600013 Report a problem
    12/22/2009Listed for sale$1,395-99.7%
    Source: Madison Properties #600013 Report a problem
    7/19/2005Sold$444,500$145/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$13,301 +4%$679,500 +7%
    2023$12,794 $635,000 +5%
    2022-- $604,800 +5%
    2021-- $576,000 +15%
    2020-- $500,900 +5%
    2019$10,664 $477,000
    2018$10,664 -3.5%$477,000
    2017$11,049 +6.3%$477,000 +5%
    2016$10,399 +5%$454,300 +10.2%
    2014$9,906 +8.4%$412,100 +3%
    2013$9,141 -4.9%$400,100
    2012$9,607 +5.1%$400,100
    2011$9,141 +3.6%$400,100
    2010$8,826 -2.6%$400,100 -9.9%
    2009$9,061 +5.3%$444,000
    2008$8,606 -1.3%$444,000
    2007$8,723 -0.3%$444,000
    2006$8,748 +6.9%$444,000 +12.8%
    2005$8,181 +2.8%$393,600 +10%
    2004$7,960 +10.4%$357,800
    2003$7,211 +1.8%$357,800 +18.5%
    2002$7,085 +3.4%$302,000 +8.4%
    2001$6,849 +6.9%$278,600 +10%
    2000$6,409 $253,300
    Find assessor info on the county website

    Neighborhood: Capitol

    Nearby schools

    GreatSchools rating
    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
    $919,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $919,900

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