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Sold
    • $610,000

    411 S Paterson St, Madison, WI 53703

    5beds
    2,336sqft
    Apartment
    Built in 1898
    -- sqft lot
    $611,700 Zestimate®
    $261/sqft
    $2,301 Estimated rent

    Home value

    $611,700

    $575,000 - $648,000

    $2,301/mo

    Zestimate® history
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    What's special

    Marquette investment property boasts a fabulous location, tucked on a quiet street, close to BB Clark Beach, Willy Street eateries and cafes and walkable to downtown! Extensive renovations since 2016, including 3 new boilers, improvement of the 2nd floor floorplan & bathroom and kitchen updates. 1st floor offers 2 bdrms, LVP flrs in living, maple hardwood in bdrms, kitchen w/dishwasher & private 3 season room. 2nd floor offers 2 bdrms, maple hardwoods and private deck. 3rd floor offers 1bdrm, hardwood flrs, updated kitchen w/dishwasher. Building offers new roof '24, water heater '14, 3 new boilers '17 (tenants pay heat) , 3 100 amp electrical panels (Unit 2 & 3 tenants pay electric, unit 1 also serves shared spaces, so paid by owner) & insulated vinyl windows. Easy turn key rental w/small lot, so not a lot of exterior upkeep. Highly desirable rental market makes this the perfect investment.

    Zillow last checked:

    Listing updated:

    Listed by:

    Liz Lauer,

    Lauer Realty Group, Inc.

    Bought with:

    Ale Broz, 86863-94

    EXP Realty, LLC

    Source: SCWMLS,MLS#: 2014529

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Heat Pump, Individual Heat Control (Unit 1)
    Appliances
    • Included: Dishwasher (Unit 1), Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Dishwasher (Unit 3), Range/Oven (Unit 3), Refrigerator (Unit 3), Water Softener Owned
    • Laundry: Common Area
    Features
    • Shared basement
    • Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2), Wood or Simulated Wood (Unit 3)
    • Windows: Low Emissivity Windows
    • Basement: Full
    Interior area
    • Total structure area: 2,336
    • Total interior livable area: 2,336 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: 1,742 Square Feet
    • Features: Near Public Transit
    Details
    • Parcel number: 070913406190
    • Zoning: HIS-TL

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Aluminum Siding
    • Foundation: Other
    Condition
    • Year built: 1898

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Marquette
    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $261/sqft
    • Tax assessed value: $578,600
    • Annual tax amount: $9,313
    • Date on market: 1/13/2026
    • Listing terms: Arms Length
    • Inclusions: See Addendum R in MLS documents for inclusions
    • Exclusions: Tenant's And Seller's Personal Property
    • Total actual rent: 50400

    Price history

    DateEventPrice
    4/6/2026Sold$610,000-3.9%$261/sqft
    Source: Public Record Report a problem
    2/13/2026Pending sale$634,500$272/sqft
    Source: WIREX MLS #2014529 Report a problem
    1/13/2026Listed for sale$634,500+95.2%$272/sqft
    Source: WIREX MLS #2014529 Report a problem
    9/15/2016Sold$325,000-1.5%$139/sqft
    Source: SCWMLS #1779979 Report a problem
    8/5/2016Price change$329,900-5.7%$141/sqft
    Source: Accord Realty #1779979 Report a problem
    7/13/2016Price change$349,900-6.7%$150/sqft
    Source: Accord Realty #1779979 Report a problem
    6/28/2016Listed for sale$375,000+29.3%$161/sqft
    Source: Accord Realty #1779979 Report a problem
    2/25/2014Sold$290,000+24.7%$124/sqft
    Source: Public Record Report a problem
    8/20/2012Sold$232,600-24.1%$100/sqft
    Source: Public Record Report a problem
    1/11/2007Sold$306,500$131/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$10,390 +3.9%$530,800 +7%
    2023$9,996 $496,100 +5%
    2022-- $472,500 +5%
    2021-- $450,000 +11.9%
    2020-- $402,000 +5%
    2019$8,135 $382,900 +5%
    2018$8,135 +6.3%$364,700 +10%
    2017$7,655 -3.7%$331,500
    2016$7,949 +5%$331,500 +5%
    2014$7,571 +0.6%$315,700 +3%
    2013$7,522 +2.5%$306,500
    2012$7,341 +5.1%$306,500
    2011$6,985 +3.6%$306,500
    2010$6,743 +8.2%$306,500
    2009$6,233 +5.1%$306,500
    2008$5,929 -1.5%$306,500
    2007$6,022 -32.5%$306,500 -32.3%
    2006$8,925 +67%$453,000 +76.2%
    2005$5,344 +2.8%$257,100 +10%
    2004$5,199 +10.4%$233,700
    2003$4,710 +8.7%$233,700 +26.5%
    2002$4,333 +5%$184,700 +10%
    2001$4,127 +6.9%$167,900 +10%
    2000$3,861 $152,600
    Find assessor info on the county website

    Neighborhood: Marquette

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lapham/Marquette
    • Middle: OKeeffe
    • High: East
    • 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
    $611,700
    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
    $611,700

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