$495,000

6 Beds 2 Baths 2,200 Sqft

828 E Dayton Street, Madison, WI 53703

Property Type: Multi-Family
Building Type: 2 Story,2 Flat Up and Down
Time on Market: 1 days
Price per Sqft: $225
Total Taxes: $8,791
Est. Age: 21+ Years

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.

Unit Breakdown

Unit Beds Full Baths Half Baths Sq Ft
Unit 1 3 1 0 1100
Unit 2 3 1 0 1100

Property Details

Interior

Basement:
  • Full
Baths:
  • Full Baths: 2
Heating/Cooling:
  • Forced Air
Heat Fuel:
  • Natural Gas
Sqft:
  • Total Sqft: 2,200

Exterior

Acreage:
  • Source: Assessor/Public Record
Exterior:
  • Vinyl
Parking:
  • Details: 2 Space, Outside
Water:
Water/Waste:
  • Municipal Water, Municipal Sewer

Misc.

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

Map

Listing Agent-Provided Directions:
  • 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.

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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 8/6/2026

This Property
Madison Multi Family Home Avg
Dane County Multi Family Home Avg
List Price
$495,000
$922,508
$824,042
Median Price
—
$754,900
$650,000
Price / Sq Ft
$225
$0
$267
Days on Market
1 days
58 days
64 days
Total Listings
—
50
84

Listing Information

  • Time on Market: 1 days
  • Place Perfect Last Updated: 2026-08-04 10:00:43
  • MLS Number: 2029613
  • Subsystem Locale: WIREX_SCW
  • Listing Office: Conrad Development LLC
  • Listing Agent: William Butcher

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