918 E Dayton Street, Madison

$1,260,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Showings begin 3/14. Rare investment opportunity: a uniquely charming 5-Unit apartment in the heart of Madison's isthmus. 5 covered parking spots with 5 additional outdoor spots is great for tenants that commute. Spacious 2-bed units with hardwood floors, ample storage, and natural light. Steps away from Breese Stevens Field, James Madison Park, Festival Foods, the Capitol Square, as well as the many restaurants, coffee shops, and other attractions downtown Madison has to offer. Unit 1 features recent bathroom renovation. Many reliable long-term tenants. Basement has private storage units and coin-op laundry. The rent/income potential of this area continues to grow every year. Showings are only during open house times on Fri/Sat 3/14 & 3/15 from 11-1.

Keller Williams Realty.

Essential Information
Status Sold
Detailed Status Sold 4/7/2025
Days on Market 5
MLS® # 1994074
Price $1,260,000
Year Built 1958
Type Multi Family
Assessed Value $1,165,000
Year Assesed 2024
Net Taxes $20,540
Tax Year 2024
Total Income $96,622
Total Expenses $36,739
Net OP Income $59,883
Parking Per Unit 549,553
Exterior Stone, Brick/Stone
Community Information
Address 918 E Dayton Street
MLS® Area MADISON - C E01
City Madison
County Dane
State WI
Zip Code 53703
School Information
District Madison
Elementary Lapham/Marquette
Middle OKeeffe
High East
Property Overview
2 Bedroom Units 5
Total Units 5
# of Water Heaters 6
# of Water Softeners 1
Heat Fuel Natural Gas
# of Stoves 5
# of Refrigerators 5
# of Dishwashers 2
Units with AC 5
# of Washers 2
# of Dryers 2
Unit 1 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 7/31/2025
Monthly Rent $1,350
Square Feet 1,200
Parking Carport
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 7/31/2025
Monthly Rent $1,675
Square Feet 1,200
Parking Carport
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 9/30/2025
Monthly Rent $1,650
Square Feet 1,200
Parking Carport
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 4 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 6/30/2025
Monthly Rent $1,625
Square Feet 1,200
Parking Carport
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning WP-24,TRV1
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 07/14/2025.

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

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