Rare opportunity to own 2 buildings, 2 commercial spaces, 4 apartments, oversized two car garage with ample parking on the booming S Park St corridor! This property is adjacent to Vilas/Greenbush neighborhood and walkable to everything downtown! The commercial tenants include Cordial Bar, where the motto is, "Outside's a Dive, Inside's a Vibe". They have been in business for 4 years and have an initial 10 year lease term. The adjacent commercial tenant has been there for years, as a well established business, Spike-O-Matic Tattoo. There are 2 large apartments above the commercial spaces. There is an additional 2 flat included, just North of the primary building. With well established commercial tenants, renovated apartments and an outstanding location, the options are endless!
Sold for $1,020,000
$1,020,000
510-516 S Park St, Madison, WI 53715
3beds
4,286sqft
Apartment
Built in 1922
-- sqft lot
$1,035,200 Zestimate®
$238/sqft
$2,492 Estimated rent
Home value
$1,035,200
$973,000 - $1.10M
$2,492/mo
Zestimate® history
Owner options
List your home for rent
$2,492/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,492/mo
Rent Zestimate®
Refinance and save
$6,721/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$6,721/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
The Hub Team,
The Hub Realty
Bought with:
The Hub Team
The Hub Realty
Source: SCWMLS,MLS#: 2008494
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
- Full bathrooms: 2
- 1/2 bathrooms: 3
Heating
- Natural Gas, Forced Air
Cooling
- Air Conditioning (Unit 1), Air Conditioning (Unit 2)
Appliances
- Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Washer/Dryer (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Washer/Dryer (Unit 2), Water Softener Owned
- Laundry: In Unit (Unit 1), In Unit (Unit 2)
Features
- Internet -Fiber Available, Den/Office (Unit 1), Dining Room (Unit 1), Family/Rec Room (Unit 1), Shared basement, Dining Room (Unit 2), Family/Rec Room (Unit 2)
- Basement: Full
Interior area
- Total structure area: 4,286
- Total interior livable area: 4,286 sqft
Property
Parking
- Total spaces: 9
- Parking features: 2 stall garage, Detached, Outside
- Garage spaces: 2
- Details: Outside
Features
- Levels: Two
Lot
- Size: 7,361 Square Feet
- Features: Near Public Transit
Details
- Parcel number: 070923315216
- Zoning: TSS
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick, Wood Siding
- Foundation: Poured concrete foundatn
Condition
- Year built: 1922
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: $238/sqft
- Tax assessed value: $877,800
- Annual tax amount: $14,043
- Date on market: 1/31/2026
- Listing terms: Arms Length
- Inclusions: All, seller owned, on site appliances, HVAC, water heater(s), water softener(s), used for the daily operations of the property.
- Exclusions: Tenant's personal property, including appliances and equipment in the commercial spaces.
- Total actual rent: 55488
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2026 | Sold | $1,020,000-14.9%$238/sqft |
Source: SCWMLS #2008494 Report a problem | ||
| 11/6/2025 | Contingent | $1,199,000$280/sqft |
Source:  WIREX MLS #2008494 Report a problem | ||
| 9/11/2025 | Listed for sale | $1,199,000$280/sqft |
Source: WIREX MLS #2008494 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Greenbush
Nearby homes
- $1,020,000-- bd-- ba2.3k sqft512 S Park St, Madison, WI 53715Sold
- $--1 bd1 ba670 sqft510 S Park St #2, Madison, WI 53715Off Market
- $--1 bd1 ba670 sqft510 S Park St #1, Madison, WI 53715Off Market
- $--3 bd1 ba1.1k sqft522 S Park St #202, Madison, WI 53715Off Market
- $--3 bd1 ba1.1k sqft522 S Park St #201, Madison, WI 53715Off Market
- $847,0002 bd1 ba1.1k sqft520 S Park St, Madison, WI 53715Off Market
- $1,161,8003 bd1 ba1.1k sqft520 S Park St #2S, Madison, WI 53715Off Market
- $--3 bd1 ba1.1k sqft520 S Park St #2N, Madison, WI 53715Off Market
Nearby schools
GreatSchools rating
- NAFranklin Elementary SchoolGrades: PK-2Distance: 0.8 mi
- 8/10Hamilton Middle SchoolGrades: 6-8Distance: 2.9 mi
- 9/10West High SchoolGrades: 9-12Distance: 1.4 mi
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.
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
$1,035,200
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
$1,035,200
- Wisconsin
- Dane County
- Madison
- 53715
- Greenbush
- 510-516 S Park St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Madison Topics
