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Five-Parcel Multifamily Property
For Sale
$5,725,000

534 536 538 540 W Mifflin & 535 W Dayton St, Madison, WI 53703

Contiguous multifamily parcels with driveway access from both West Mifflin and West Dayton Streets.

Property Size2,038 SF
Price / SF$2,809
Days on Market18

Property Features for 534 536 538 540 W Mifflin & 535 W Dayton St

General Information

Standard status Active
Size 2,038 SF
Property subtype Multi-Family

Additional Details

Road Access Yes

Building Details

Year Built 1899
Listing Agency: Madcityhomes.Com
Listed By: Caleb Payne · License #9313994
Source: Soldinmadison
Added: Sep 10 Changed: Sep 21 Last Checked: Sep 26 at 11:15AM

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 Madcityhomes.Com

Investment Insights

Based on property information with market context.

This multifamily assemblage includes five contiguous parcels at 534, 536, 538, and 540 W Mifflin St. and 535 W Dayton St. Each parcel contains a multi-unit property, with most parcels offering 4 parking stalls and rear parking areas. The improvements date to 1899.

The four Mifflin Street parcels form an approximately 130-by-120-foot rectangle, while the Dayton Street parcel extends the assemblage to a second street. Driveway access is available from both West Mifflin and West Dayton Streets, creating a connected multi-parcel configuration. The 535 W Dayton St. property includes 7 bedrooms.

Key Highlights

  • Five contiguous parcels at 534, 536, 538, and 540 W Mifflin St. plus 535 W Dayton St.
  • Four Mifflin Street parcels form an approximately 130‑by‑120‑foot rectangle
  • Driveway access from both West Mifflin and West Dayton Streets

Property Analytics

Current Use

Multifamily properties

Suggested Use

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

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,875
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

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?
Multifamily property - Contiguous multifamily parcels with driveway access from both West Mifflin and West Dayton Streets.
Where is this multifamily property located?
The property is located at 534 536 538 540 W Mifflin & 535 W Dayton St Madison, WI.
What is the asking price?
The asking price for this property is $5,725,000.
What are key features of this property?
This property features: Five contiguous parcels at 534, 536, 538, and 540 W Mifflin St. plus 535 W Dayton St.; Four Mifflin Street parcels form an approximately 130‑by‑120‑foot rectangle; Driveway access from both West Mifflin and West Dayton Streets
More about this property
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