Excellent 2-flat investment opportunity in the heart of Stoughton. Kitchen and bath in Upper unit have been updated, as well as new flooring throughout. Both units are spacious and each feature large kitchens and living areas. Heat/AC in upper level are in-room mini-split ductless systems. Forced-air furnace serves main level. Large level back yard with patio and shed. Driveway and street parking for tenants. Roof replaced in 2018. Interior photos are for upper unit prior to tenants occupying the space.
Sold for $400,000
$400,000
532 S Monroe St, Stoughton, WI 53589
5beds
2,316sqft
Multi Family
Built in 1920
-- sqft lot
$406,600 Zestimate®
$173/sqft
$1,681 Estimated rent
Home value
$406,600
$382,000 - $431,000
$1,681/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jason Holtman,
RE/MAX Preferred
Bought with:
Jason Holtman, 79368-94
RE/MAX Preferred
Source: SCWMLS,MLS#: 2003870
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2)
Cooling
- Air Conditioning (Unit 2)
Appliances
- Included: Dishwasher (Unit 1), Range/Oven (Unit 1), Refrigerator (Unit 1), Dishwasher (Unit 2), Range/Oven (Unit 2), Refrigerator (Unit 2), Washer/Dryer (Unit 2)
- Laundry: In Unit (Unit 1)
Features
- Eat In Kitchen (Unit 1), Shared basement, Eat In Kitchen (Unit 2)
- Basement: Full
Interior area
- Total structure area: 2,316
- Total interior livable area: 2,316 sqft
Property
Parking
- Total spaces: 2
- Parking features: Outside
- Details: Outside
Features
- Levels: Two
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: 051108245319
- Zoning: RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Other
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate gas meters
Community & HOA
Location
- Region: Stoughton
Financial & listing details
- Price per square foot: $173/sqft
- Tax assessed value: $231,700
- Annual tax amount: $3,895
- Date on market: 7/9/2025
- Listing terms: Arms Length
- Inclusions: Refrigerators (2), Range/oven (2), Dishwasher (2), Washer (2), Dryer (2)
- Exclusions: Seller/Tenant personal property
- Total actual rent: 35400
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Sold | $400,000+6.7%$173/sqft |
Source: SCWMLS #2003870 Report a problem | ||
| 9/9/2025 | Pending sale | $375,000$162/sqft |
Source:  WIREX MLS #2003870 Report a problem | ||
| 8/20/2025 | Price change | $375,000-6.2%$162/sqft |
Source: WIREX MLS #2003870 Report a problem | ||
| 7/9/2025 | Listed for sale | $399,900+148.4%$173/sqft |
Source: WIREX MLS #2003870 Report a problem | ||
| 10/12/2021 | Sold | $161,000$70/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,895 +1.7% | $213,300 +11.1% |
| 2023 | $3,831 +23.5% | $192,000 +19.3% |
| 2022 | $3,101 -22.9% | $161,000 -16.5% |
| 2021 | $4,020 -15.2% | $192,800 +4.7% |
| 2020 | $4,743 +18.9% | $184,200 +3.5% |
| 2019 | $3,989 0% | $178,000 +3.6% |
| 2018 | $3,989 -1.8% | $171,800 |
| 2017 | $4,063 -0.2% | $171,800 |
| 2016 | $4,071 +3.6% | $171,800 +5.5% |
| 2015 | $3,930 +4.1% | $162,900 +4.1% |
| 2014 | $3,775 +1.6% | $156,500 +3.1% |
| 2013 | $3,717 -1.8% | $151,800 -0.8% |
| 2012 | $3,784 +4% | $153,000 -4.4% |
| 2011 | $3,638 | $160,000 -4.2% |
| 2010 | $3,638 +6.2% | $167,100 -1.4% |
| 2009 | $3,425 +2% | $169,400 -3% |
| 2008 | $3,359 -0.8% | $174,700 -5.1% |
| 2007 | $3,387 +7.7% | $184,100 +9.5% |
| 2006 | $3,144 +0.1% | $168,100 +3.6% |
| 2005 | $3,140 | $162,200 +6.1% |
| 2004 | $3,140 +5.3% | $152,900 +6.7% |
| 2003 | $2,982 +5.2% | $143,300 +7.7% |
| 2002 | $2,835 +6.8% | $133,000 +6.4% |
| 2001 | $2,655 +5.6% | $125,000 +7.6% |
| 2000 | $2,514 | $116,200 |
Find assessor info on the county website
Neighborhood: 53589
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Nearby schools
GreatSchools rating
- 9/10Fox Prairie Elementary SchoolGrades: K-5Distance: 0.6 mi
- 4/10River Bluff Middle SchoolGrades: 6-8Distance: 0.7 mi
- 8/10Stoughton High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- High: Stoughton
- District: Stoughton
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
$406,600
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Estimated market value
$406,600
- Wisconsin
- Dane County
- Stoughton
- 53589
- 532 S Monroe St
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