828 E Dayton Street, Madison, WI 53703

Madison
Local realty services provided by:Better Homes and Gardens Real Estate Power Realty
Listed by: william butcher
Office: conrad development llc.
MLS#:2029613
Source:Metro MLS
828 E Dayton Street,Madison, WI 53703
$495,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$495,000

About this home

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.

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Home facts

  • Year built:1918
  • Listing ID #:2029613
  • Added:1 day(s) ago
  • Updated:August 05, 2026 at 02:59 PM

Rooms and interior

  • Basement Description:Full

Heating and cooling

  • Cooling:Forced Air
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1918
  • Lot area:0.11 Acres
  • Construction Materials:Vinyl
  • Levels:2 Story

Schools

  • High school:East
  • Middle school:Okeeffe
  • Elementary school:Lapham/Marquette

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$495,000
  • Tax amount:$8,791 (2025)

Features and amenities

  • Amenities:Separate Electric Meters, Separate Gas Meters

Parking

  • Parking description:2 Space, Outside
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