4650 Hayes Road, Madison, WI 53704
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes



Listed by:seth pfaehler
Office:the mcgrady group, llc.
MLS#:2002933
Source:Metro MLS
4650 Hayes Road,Madison, WI 53704
$700,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Price summary
- Price:$700,000
About this home
This fully leased 4-unit apartment building offers steady cash flow and well-maintained living spaces. Built in 1986, each of the four 2-bedroom, 1-bath units features a private 1-car garage and separate utility metering. The property is subject to an affordability covenant requiring all units be rented to low- to moderate-income households at or below 80% of area income limits, based on HUD?s Small Area Fair Market Rent (SAFMR) guidelines for Dane County, effective through October 2025. Roof replaced ? 2011, Energy efficiency improvements ? October 2022: Blower door test, Attic air sealing & additional insulation, Bathroom vent fans replaced.
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Home facts
- Year built:1986
- Listing Id #:2002933
- Added:50 day(s) ago
- Updated:August 14, 2025 at 03:14 PM
Heating and cooling
- Heating:Electric, Radiant/Electric
Structure and exterior
- Year built:1986
- Lot area:0.28 Acres
Schools
- High school:East
- Middle school:Sherman
- Elementary school:Sandburg
Utilities
- Water:Municipal Water
- Sewer:Municipal Sewer
Finances and disclosures
- Price:$700,000
- Tax amount:$9,325 (2023)
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