Active

$1,171,000

535 W Dayton St, Madison, WI 53703

8beds

2,246sqft

$9,481/mo

Get pre-qualified

Apartment

Built in 1899

-- sqft lot

$1,101,000 Zestimate^®

$521/sqft

$-- HOA

What's special

A+ location for this campus investment property! This two-flat is in the heart of downtown Madison. It has two apartments, each with 4 bedrooms and 1 bath and a huge back parking lot. The tenants pay their own electricity and there is substantial income from the separately leased parking spots. $5,615 in rent, $80 in laundry income, and $405 in parking yields a gross annual income of $73,200. This is a solid investment in prime real estate.

--: on Zillow
228: views
6: saves

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas, Forced Air

Appliances

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

Features

Basement: Partial,Stone

Interior area

Total structure area: 2,246
Total interior livable area: 2,246 sqft

Property

Parking

Total spaces: 4
Parking features: 2 spaces, Gravel

Lot

Size: 4,791 Square Feet

Details

Parcel number: 070923124162
Zoning: DR2

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Vinyl Siding
Foundation: Other

Condition

Year built: 1899

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: $521/sqft
Tax assessed value: $674,300
Annual tax amount: $11,890
Date on market: 9/11/2026
Inclusions: 2 refrigerators, 2 ranges, 2 dishwashers
Exclusions: window A/C units
Total actual rent: 67380

Estimated market value

$1,101,000

$1.05M - $1.16M

Not available

Price history

Date	Event	Price
9/11/2026	Listed for sale	$1,171,000+202.7%$521/sqft
Source: SCWMLS #2032490 Report a problem
11/30/2006	Sold	$386,900$172/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$11,533 +3.9%	$589,200 +7%
2023	$11,096	$550,700 +8%
2022	--	$509,900 +10%
2021	--	$463,500 +8%
2020	--	$429,200
2019	$9,129	$429,200 +5%
2018	$9,129 -3.5%	$408,800
2017	$9,458 +1.2%	$408,800 +5%
2016	$9,348 +5%	$389,300 +5%
2014	$8,905 +9.5%	$370,800 +4%
2013	$8,136 -4.9%	$356,500
2012	$8,552 +5.1%	$356,500
2011	$8,136 +3.6%	$356,500
2010	$7,855 +3.8%	$356,500 -4%
2009	$7,568 +1%	$371,400 -4%
2008	$7,494 -1.4%	$386,900
2007	$7,601 +13.6%	$386,900 +13.9%
2006	$6,691 +4.3%	$339,600 +10%
2005	$6,416 +2.8%	$308,700 +10%
2004	$6,242 +5.6%	$280,600
2003	$5,913 +1.8%	$280,600 +13.3%
2002	$5,811 +9.7%	$247,700 +15%
2001	$5,295 +6%	$215,400 +12%
2000	$4,995	$192,300