512 S Mills Street, Madison

$494,900

4 Beds
2 Baths
1,632 Sqft
.11 Acres
0 Garages

Charming Duplex with Potential for Single-Family Conversion in Vilas Neighborhood located near the intersection of S. Mills St. and Drake St. The first floor features an old stairwell hidden within a closet that previously connected to the second floor. This could be reopened to convert the property back into a single-family home. Unit #512 Size: 1,024 sq. ft. Features: 2 bedrooms + den, 1 full bath, dining area, living room, screened front porch, and basement access with laundry. Lease Details: Rented at $1,695/month until 8/14/2025. Unit #512.5 Size: 608 sq. ft. (Second floor) Features: 2 bedrooms, 1 full bath, living room, and dining area. Lease Details: Rented at $1,625/month until 8/14/2025. New roof on the detached garage in 2024. A buyer could occupy after lease expires.

Madison Property Management, Inc..

Essential Information
Status Sold
Detailed Status Sold 5/2/2025
Days on Market 79
MLS® # 1988267
Price $494,900
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 1,632
Acres 0.11
Year Built 1930
Type Single Family
Style Other
Assessed Value $445,300
Year Assesed 2024
Net Taxes $7,519
Tax Year 2023
Exterior Vinyl, Aluminum
Community Information
Address 512 S Mills Street
MLS® Area MADISON - C W14
City Madison
County Dane
State WI
Zip Code 53715
Interior
Cooling Forced air
Amenities
Garages Detached
Is Waterfront No
Golf Course No
Exterior
Exterior Features Patio
School Information
District Madison
Elementary Franklin/Randall
Middle Hamilton
High West
Room Dimensions
Room      Size        Floor
Living Room      12x13        Main
Kitchen      10x11        Main
Dining Room      9x13        Main
Family Room      8x10        Upper
Master Bedroom      11x11        Upper
Second Bedroom      11x8        Upper
Third Bedroom      11x11        Main
Fourth Bedroom      11x8        Main
Additional Information
Zoning TRC3
Estimated Finished Above Grade Sqft 1,632
Total Finished SqFt 1,632
Terms Tenant occupied
Short Sale No
REO / Bank Owned No
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DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data provided by the South Central Wisconsin MLS as of 07/20/2025.

Copyright 2025 – (South Central Wisconsin MLS) – All Rights Reserved

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