520-524 W Doty Street, Madison

$950,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Introducing a rare opportunity to own Madison Downtown Apartments! Located at 520-524 W. Doty St., Madison, WI 53703, this 2-parcel lot features a total of 4 units just 4 blocks from the Kohl Center and within walking distance to the UW. The property comprises two buildings with 2 units each. The first building at 520 W. Doty St. boasts a 3-bedroom and a 1-bedroom unit, while the second building at 522-524 W. Doty St. offers two 2-bedroom units. With convenient covered parking for 4 vehicles and additional uncovered parking available. Both properties are fully leased for the 2024-2026 rental season with the exception of the 5 parking stalls for the 2025-2026 rental season, which ensures a steady income stream for the new owner. Don't miss your chance to own this prime real estate.

Madison Property Management, Inc..

Essential Information
Status Sold
Detailed Status Sold 2/28/2025
Days on Market 8
MLS® # 1991754
Price $950,000
Type Multi Family
Assessed Value $791,100
Year Assesed 2024
Net Taxes $13,838
Tax Year 2024
Total Income $81,360
Utilities Separate elec meters
Parking Per Unit 552,553,557
Exterior Vinyl, Aluminum
Community Information
Address 520-524 W Doty Street
MLS® Area MADISON - C W01
City Madison
County Dane
State WI
Zip Code 53703
School Information
Property Overview
1 Bedroom Units 1
2 Bedroom Units 2
3 Bedroom Units 1
Total Units 4
# of Furnaces 1
# of Water Heaters 2
Heat Fuel Natural Gas
# of Stoves 4
# of Refrigerators 4
# of Dishwashers 1
# of Washers 1
# of Dryers 1
Unit 1 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires 8/14/2025
Monthly Rent $1,895
Square Feet 914
Parking None
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 1
# of Full Baths 1
Lease Expires 8/14/2025
Monthly Rent $1,095
Square Feet 460
Parking None
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 8/14/2025
Monthly Rent $1,495
Square Feet 721
Parking None
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 4 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 8/14/2025
Monthly Rent $1,495
Square Feet 721
Parking None
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning DR2
Short Sale No
REO / Bank Owned No
Property History
Status Changed from Offer-Show to Sold
Status Changed from Active to Offer-Show
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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 05/24/2025.

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

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