For sale

Price cut: $24K (6/10)

$825,000

58 Sunfish Ct, Madison, WI 53713

8beds

3,560sqft

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Apartment

Built in 1987

-- sqft lot

$809,600 Zestimate^®

$232/sqft

$-- HOA

What's special

Quality 4-plex's in Madison are virtually nonexistent, making this Madison opportunity one you won't want to overlook. Three units are currently leased with a fourth vacant and move-in ready, ideal for an owner-occupant or immediate lease-up. Pro-forma rents of $1,500 to $1,600 per unit put projected gross annual income near $75,000 with strong upside potential. Built in 1987 and thoughtfully maintained, the property features a new roof (2025), fresh paint, some new flooring, and some kitchen and bathroom updates throughout. Slab foundation construction keeps maintenance simple and costs predictable. A standout feature rarely seen on multi-family properties: every unit includes its own attached private single-car garage, in-unit laundry, dishwasher, A/C, and a private patio or deck. Located off Fish Hatchery Rd with easy access to the Beltline, downtown Madison, and bike trails. A turnkey asset in a proven rental corridor and a compelling addition to any serious investment portfolio.

26 days

388

18

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Natural Gas, Forced Air, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2), Individual Heat Control (Unit 3), Individual Heat Control (Unit 4)

Cooling

Air Conditioning (Unit 1), Air Conditioning (Unit 2), Air Conditioning (Unit 3), Air Conditioning (Unit 4)

Appliances

Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Dishwasher (Unit 1), Washer/Dryer (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Dishwasher (Unit 2), Washer/Dryer (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Dishwasher (Unit 3), Washer/Dryer (Unit 3), Range/Oven (Unit 4), Refrigerator (Unit 4), Dishwasher (Unit 4), Washer/Dryer (Unit 4)
Laundry: In Unit (Unit 1), In Unit (Unit 3), In Unit (Unit 4)

Features

Family/Rec Room (Unit 1), Eat In Kitchen (Unit 1), Family/Rec Room (Unit 2), Eat In Kitchen (Unit 2), Family/Rec Room (Unit 3), Eat In Kitchen (Unit 3), Family/Rec Room (Unit 4), Eat In Kitchen (Unit 4)
Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2), Wood or Simulated Wood (Unit 3), Wood or Simulated Wood (Unit 4)
Basement: None

Interior area

Total structure area: 3,560
Total interior livable area: 3,560 sqft

Property

Parking

Total spaces: 8
Parking features: 1 stall garage, Attached, Garage Door Opener
Attached garage spaces: 4
Details: Outside

Features

Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2), Balcony/Patio (Unit 3)

Lot

Size: 0.29 Acres

Details

Parcel number: 060903207244
Zoning: Res

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Vinyl Siding

Condition

Year built: 1987

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: $232/sqft
Tax assessed value: $648,000
Annual tax amount: $11,102
Date on market: 6/5/2026
Inclusions: 4 Stoves, 4 Refrigerators, 4 Dishwashers, 4 A/C-Heater Combo Units, 4 Washers, 4 Dryers
Exclusions: Seller and tenant personal items
Total actual rent: 51900

Estimated market value

$809,600

$769,000 - $850,000

$1,743/mo

Price history

Date	Event	Price
6/10/2026	Price change	$825,000-2.8%$232/sqft
Source: SCWMLS #2024342 Report a problem
5/28/2026	Listed for sale	$849,000+51.6%$238/sqft
Source: WIREX MLS #2024342 Report a problem
8/9/2022	Listing removed	--
Source: RE/MAX International Report a problem
6/24/2022	Pending sale	$560,000-6.7%$157/sqft
Source: RE/MAX International #1933885 Report a problem
6/23/2022	Sold	$600,000+7.1%$169/sqft
Source: SCWMLS #1933885 Report a problem
5/17/2022	Pending sale	$560,000$157/sqft
Source: RE/MAX International #1933885 Report a problem
5/17/2022	Contingent	$560,000$157/sqft
Source: WIREX MLS #1933885 Report a problem
5/11/2022	Listed for sale	$560,000+92.8%$157/sqft
Source: WIREX MLS #1933885 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
10/7/2019	Sold	$290,400$82/sqft
Source: Public Record Report a problem
10/1/2019	Listing removed	$995
Source: Owner Report a problem
9/10/2019	Listed for rent	$995
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$11,745 -2.8%	$600,000
2023	$12,089	$600,000 +55.8%
2022	--	$385,000 +15.3%
2021	--	$334,000 +15%
2020	--	$290,400 -5.4%
2019	$6,498	$307,000 +5.1%
2018	$6,498 +4.5%	$292,000 +8.1%
2017	$6,220 +6.3%	$270,000 +10.2%
2016	$5,854 -0.1%	$245,000
2014	$5,858 -5.4%	$245,000
2013	$6,190 +5.8%	$245,000
2012	$5,853 -5.4%	$245,000 -9.9%
2011	$6,190 +3.6%	$272,000
2010	$5,975 -2.7%	$272,000 -9.9%
2009	$6,140 -15.9%	$302,000 -19.9%
2008	$7,303 -1.4%	$377,100
2007	$7,409 -0.3%	$377,100
2006	$7,430 +4.3%	$377,100 +10%
2005	$7,125 -1.9%	$342,800 +5%
2004	$7,263 +7.5%	$326,500
2003	$6,757 +0.8%	$326,500 +14.2%
2002	$6,705 +3.1%	$285,800 +8%
2001	$6,505 +1%	$264,600 +4%
2000	$6,437	$254,400

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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