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About the Listing 8951 - 80031
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.
Listing Highlights
Status
Active
Days on Site
25
Property Type
Multi-Family
MLS ®
2019012
Year Built
1897
Total Square Footage
45,649
Lot/Acreage
0.45
County
Dane
Area
MADISON - C E01
HOA Dues
3
School District
Madison
Elementary School
Lapham/Marquette
Middle School
OKeeffe
High School
East
Interior Details
- Bedrooms: 7
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 45649
- Below Ground Sq Ft: n/a
- Basement: Full
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Zoning: TR-V1
- Roof:
- Others: Wood
- Sewer: Municipal sewer, Municipal water
Financial Details
- Tax Amount: $35,550
- Taxes w/Assessments: N/A
- Tax/Property ID: Multiple
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
820-828 E Dayton St Madison, WI 53703
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