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Tim Flores

[email protected] +1(608) 387-8518

Listed by Conrad Development LLC • [email protected]

$ 495,000

Est. payment | -/mo

6 Beds

2 Baths

2,200 SqFt

Save

$ 495,000

Est. payment | -/mo

Save

6 Beds

2 Baths

2,200 SqFt

Key Details

Property Type Multi-Family

Sub Type 2 story,2 flat-up and down

Listing Status Pending

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $225

MLS Listing ID 2029613

Bedrooms 6

Full Baths 2

Year Built 1918

Annual Tax Amount $8,791

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type 2 story,2 flat-up and down

Property Description

Fully leased two-unit investment property in Tenney-Lapham, one of Madison's most walkable near-east neighborhoods. Both units are spacious 3-bedroom, 1-bath layouts of roughly 1,100 square feet. Current leases run through May 31, 2027 at $2,100 and $2,200 per month - $51,600 in annual gross income with no near-term turnover. Two new furnaces (2025) and a rebuilt front porch (2021) put the major capital items behind you. Tenants pay their own gas and electric; owner covers water and sewer. Steps to Reynolds Park; James Madison Park and the Lake Mendota shoreline are three blocks north, with groceries, the Capitol Square, and the E Washington corridor an easy walk or bike ride away. Lapham/Marquette, O'Keeffe and East schools. A durable, low-maintenance hold in a rental market that stays tight.

Location

State WI

County Dane

Area Madison - C E01

Zoning TR-V1

Direction From E Washington Ave, go north on N Livingston St to E Dayton St, then east. 828 is in the 800 block between N Livingston and N Paterson.

Rooms

Basement Full, Laundry facilities

Interior

Heating Forced air

Inclusions All appliances, including but not limited to refrigerators, ranges/ovens, washers and dryers; all mechanical systems and equipment serving the Property; and all window coverings, including curtains, drapes, blinds, shades and associated hardware.

Heat Source Natural Gas

Exterior

Parking Features 2 spaces, Outside, Driveway Entrance

Utilities Available Separate elec meters, Separate gas meters, Sewer Included, Water Included

Building

Water Municipal sewer, Municipal water

Structure Type Vinyl

Schools

Elementary Schools Lapham/Marquette

Middle Schools Okeeffe

High Schools East

School District Madison

Schools and Properties Nearby

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+1(608) 387-8518

[email protected]

Learn More About LPT Realty

828 E Dayton Street Madison, WI 53703