$2,300,000

5 Beds 3 Baths 2,340 Sqft

820-828 E Dayton Street, Madison, WI 53703

Property Type: Multi-Family
Building Type: Apartment Building,2 Flat Up and Down
Time on Market: 31 days
Price per Sqft: $983
Garage: 2 Car
Total Taxes: $35,550
Est. Age: 21+ Years

Description

Rare 4-parcel, 7-unit portfolio in Madison?s core Isthmus - the city?s most walkable, in-demand location. Combines true neighborhood feel w/immediate access to downtown, restaurants, grocery, entertainment, parks, major employers & the Capitol 8 blocks away. Includes 820, 822, 824 & 828 E Dayton St. Compelling opportunity for investors seeking current income+upside, multifamily developers pursuing scarce assemblage scale, & smaller owners wanting control of a rarely available Isthmus footprint. Opportunities to acquire this kind of assembly in this location are few & far between, which is exactly why the value proposition is so compelling. Pricing is competitive, current rents offer upside relative to price per SF, & raw land pricing for development has moved dramatically in recent years. Hold, renovate, reposition, or redevelop. Rare scale, rare location, rare opportunity. $165k gross revenue, $119,500 NOI Parcel #'s: 0709-132-1011-1, 0709-132-1012-9, 0709-132-1013-7, 0709-132-1014-5.

Unit Breakdown

Unit Beds Full Baths Half Baths Sq Ft
Unit 1 1 1 0 720
Unit 2 2 1 0 720
Unit 3 2 1 — 900

Property Details

Interior

Basement:
  • Full
Baths:
  • Full Baths: 3
Heating/Cooling:
  • Radiant/Electric
Heat Fuel:
  • Natural Gas
Sqft:
  • Total Sqft: 2,340

Exterior

Acreage:
  • Source: Assessor/Public Record
Exterior:
  • Wood
Garage:
  • Details: 2 Car, Detached
  • Spaces: 2.0
Parking:
  • Details: 2 Space, Outside
Water:
Water/Waste:
  • Municipal Water, Municipal Sewer

Misc.

New Construction:
  • N
Postal:
  • Code: 53703
Street:
  • Direction Prefix: East
  • Name: Dayton Street
  • Suffix: STREET
Tax Year:
  • 2025
Utilities:
  • Details: Separate Electric Meters,Separate Gas Meters
Zoning:
  • TR-V1

Map

Listing Agent-Provided Directions:
  • E Dayton St between Paterson between Livingston and Paterson.

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Schools and Neighborhood

Elementary School:
  • Lapham/Marquette
Middle School:
  • Okeeffe
High School:
  • East
School District:
  • Madison
Postal City:
  • Madison
Municipality:
  • Name: MADISON
  • Type: City
County:
  • DANE

Market Comparison

How this property compares to local market averages — calculated 4/23/2026

This Property
Madison Multi Family Home Avg
Dane County Multi Family Home Avg
List Price
$2,300,000
$1,042,908
$1,044,166
Median Price
—
$924,950
$750,000
Price / Sq Ft
$983
$313
$313
Days on Market
31 days
99 days
81 days
Total Listings
—
24
53

Listing Information

  • Time on Market: 31 days
  • Place Perfect Last Updated: 2026-03-24 19:11:38
  • MLS Number: 2019012
  • Subsystem Locale: WIREX_SCW
  • Listing Office: Conrad Development LLC
  • Listing Agent: William Butcher

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