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.
Sold for $610,000
$610,000
411 S Paterson St, Madison, WI 53703
5beds
2,336sqft
Apartment
Built in 1898
-- sqft lot
$616,900 Zestimate®
$261/sqft
$2,461 Estimated rent
Home value
$616,900
$586,000 - $654,000
$2,461/mo
Zestimate® history
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$3,988/mo
Est. payment
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Est. payment
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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 sqft
- 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 & neighborhood
Location
- Region: Madison
- Subdivision: Marquette
HOA & financial
Other financial information
- Total actual rent: 50400
Other
Other facts
- Listing terms: Arms Length
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Sold | $610,000-3.9%$261/sqft |
Source: Public Record Report a problem | ||
| 2/13/2026 | Pending sale | $634,500$272/sqft |
Source:  WIREX MLS #2014529 Report a problem | ||
| 1/13/2026 | Listed for sale | $634,500+95.2%$272/sqft |
Source: WIREX MLS #2014529 Report a problem | ||
| 9/15/2016 | Sold | $325,000-1.5%$139/sqft |
Source: SCWMLS #1779979 Report a problem | ||
| 8/5/2016 | Price change | $329,900-5.7%$141/sqft |
Source: Accord Realty #1779979 Report a problem | ||
| 7/13/2016 | Price change | $349,900-6.7%$150/sqft |
Source: Accord Realty #1779979 Report a problem | ||
| 6/28/2016 | Listed for sale | $375,000+29.3%$161/sqft |
Source: Accord Realty #1779979 Report a problem | ||
| 2/25/2014 | Sold | $290,000+24.7%$124/sqft |
Source: Public Record Report a problem | ||
| 8/20/2012 | Sold | $232,600-24.1%$100/sqft |
Source: Public Record Report a problem | ||
| 1/11/2007 | Sold | $306,500$131/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 schools
GreatSchools rating
- NALapham Elementary SchoolGrades: PK-2Distance: 0.5 mi
- 8/10O'keeffe Middle SchoolGrades: 6-8Distance: 0.8 mi
- 8/10East High SchoolGrades: 9-12Distance: 1.4 mi
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
$616,900
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Estimated market value
$616,900
- Wisconsin
- Dane County
- Madison
- 53703
- Marquette
- 411 S Paterson St
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