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4-Unit Apartment Building
New
For Sale
$1,298,160

421 W Doty St, Madison, WI 53703

Four three-bedroom apartments offer balconies, with shared laundry available on site.

Property Size857 SF
Price / SF$1,514
Days on Market5

Property Features for 421 W Doty St

General Information

Standard status Active
Size 857 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 857 sqft 3BR/1BA, 2 x 1120 sqft 3BR+den/1BA
Multifamily Units 4

Additional Details

Gross Income $109,080

Amenities

shared laundry
balcony

Building Details

Year Built 1982
Listed By: Briggs Realty Group
Source: Thebriggsrealtygroup
Added: Oct 7 Last Checked: Oct 9 at 7:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Briggs Realty Group

Investment Insights

Based on property information with market context.

This four-unit apartment property includes two 857-square-foot residences and two 1,120-square-foot residences. Each apartment has three bedrooms, one full bathroom, a kitchen, a living area, and a balcony. The larger units also include an upper-level loft den reached by a spiral staircase. Shared laundry is located on site.

At 421 W Doty St in Madison, the property is four blocks from the Kohl Center and within walking distance of UW Madison, Lake Monona, bike paths, the Capitol, and local restaurants. All four apartments are leased.

Key Highlights

  • Four apartments, each with three bedrooms and one full bathroom
  • Two units are 857 square feet each; two units are 1,120 square feet each
  • Larger apartments feature an upper loft den and spiral staircase

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Daycare Center Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

4,401
Businesses Nearby

Demographics for 53703, WI

38,512
Population
21,025
Households
1.8
Avg Household Size
27
Median Age
69%
College-Educated
98%
High-School Grad
1.8 sq mi
ZIP Area
21,396
Density / Sq Mi
$46,618
Median Household Income
$27,923
Median Earnings
$1,445
Median Rent
$472,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four three-bedroom apartments offer balconies, with shared laundry available on site.
Where is this quadplex located?
The property is located at 421 W Doty St Madison, WI.
What is the asking price?
The asking price for this property is $1,298,160.
What are key features of this property?
This property features: Four apartments, each with three bedrooms and one full bathroom; Two units are 857 square feet each; two units are 1,120 square feet each; Larger apartments feature an upper loft den and spiral staircase
More about this property
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