Active

$624,500

4405 Dwight Dr, Madison, WI 53704

8beds

4,000sqft

$5,157/mo

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Apartment

Built in 1977

-- sqft lot

$-- Zestimate^®

$156/sqft

$-- HOA

What's special

A compelling investment opportunity on Madison's east side! This four-unit property combines established rental income, spacious layouts and a convenient location. Each unit includes 2 bedrooms, 1 full bath and approximately 1,000 square feet of living space, creating comfortable, functional homes for tenants. Additional highlights include individual electric meters, air conditioning in all four units, garage and off-street parking, plus a finished basement with exposed windows. Conveniently located near public transportation, shopping, dining and the East Washington Avenue corridor, the property provides easy access to everyday amenities. An appealing opportunity to expand your investment portfolio with a well-positioned multifamily property in an established Madison neighborhood.

--: on Zillow
152: views
11: saves

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Natural Gas, Radiant

Appliances

Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Range/Oven (Unit 4), Refrigerator (Unit 4)

Features

Basement: Full size windows/Exposed,Finished

Interior area

Total structure area: 4,000
Total interior livable area: 4,000 sqft

Property

Parking

Total spaces: 5
Parking features: 1 space, Outside, Off Street
Details: Outside

Lot

Size: 9,583 Square Feet
Features: Near Public Transit

Details

Parcel number: 081028401066
Zoning: R4

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Aluminum Siding

Condition

Year built: 1977

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Separate elec meters

Community & HOA

Location

Region: Madison

Financial & listing details

Price per square foot: $156/sqft
Tax assessed value: $523,200
Annual tax amount: $9,670
Date on market: 9/15/2026
Inclusions: 4 Ranges/ovens, 4 Refrigerators
Exclusions: Seller/Tenant's Personal Property
Total actual rent: 57480

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/26/2026	Listed for sale	$624,500+180%$156/sqft
Source: SCWMLS #2032720 Report a problem
3/27/2019	Listing removed	$910
Source: Birwood LLC Report a problem
3/6/2019	Listed for rent	$910
Source: Birwood LLC Report a problem
10/2/2012	Sold	$223,000-8.9%$56/sqft
Source: Public Record Report a problem
10/27/2011	Price change	$244,900-1.6%$61/sqft
Source: Restaino & Associates, Inc. #1617689 Report a problem
7/16/2011	Price change	$249,000-3.9%$62/sqft
Source: Restaino & Associates, Inc. #1617689 Report a problem
3/5/2011	Listed for sale	$259,000$65/sqft
Source: Restaino & Associates, Inc. #1617689 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,670 +2.9%	$523,200 +9%
2024	$9,396 +8.5%	$480,000 +11.6%
2023	$8,664	$430,000 +15.9%
2022	--	$371,000 +14.9%
2021	--	$323,000 +8%
2020	--	$299,000 +4.9%
2019	$5,800	$285,000 +9.2%
2018	$5,800 +4.2%	$261,000 +7.9%
2017	$5,567 +1.4%	$242,000
2016	$5,491 -0.1%	$242,000 +5.2%
2014	$5,494 -10.3%	$230,000 +3.1%
2013	$6,123 +6.8%	$223,000 -7.1%
2012	$5,732 -6.4%	$240,000 -10.8%
2011	$6,123 +3.6%	$269,100
2010	$5,911 -2.8%	$269,100 -10%
2009	$6,080 +5.1%	$299,100
2008	$5,785 -1.6%	$299,100
2007	$5,876 +0.7%	$299,100 +1%
2006	$5,834 +1.4%	$296,100 +7%
2005	$5,751 +2.8%	$276,700 +10%
2004	$5,595 +0.8%	$251,500
2003	$5,552 +3.7%	$251,500 +10.3%
2002	$5,351 -4.6%	$228,100
2001	$5,607 +0%	$228,100 +3%
2000	$5,605	$221,500