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Two-Unit Duplex with Parking
New
For Sale
$1,171,000

535 W Dayton St, Madison, WI 53703

Residents pay their own electricity, while separately leased parking adds another property-use component.

Property Size1,123 SF
Price / SF$1,042
Days on Market3

Property Features for 535 W Dayton St

General Information

Standard status Active
Size 1,123 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 4BR/1BA
Multifamily Units 2

Additional Details

Gross Income $73,200

Building Details

Year Built 1899
Buildings 1
Listing Agency: Madcityhomes.Com
Listed By: Caleb Payne · License #9313994
Source: Soldinmadison
Added: Sep 16 Changed: Sep 17 Last Checked: Sep 17 at 2:44AM

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.

Built in 1899, this duplex contains two apartments, each configured with 4 bedrooms and 1 bath. The building also includes a substantial rear parking area, with individual parking spaces leased separately from the residential units. Electricity is paid directly by the tenants.

The property is located at 535 W Dayton St in downtown Madison, placing a two-unit residential asset within the city center. Its combination of two four-bedroom apartments, rear parking, and separate parking leases creates a straightforward multifamily configuration with additional parking-related use.

Key Highlights

  • Two apartments, each with 4 bedrooms and 1 bath
  • Built in 1899
  • Substantial rear parking area

Property Analytics

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Current Use

Duplexes

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

2
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Residents pay their own electricity, while separately leased parking adds another property-use component.
Where is this duplex located?
The property is located at 535 W Dayton St Madison, WI.
What is the asking price?
The asking price for this property is $1,171,000.
What are key features of this property?
This property features: Two apartments, each with 4 bedrooms and 1 bath; Built in 1899; Substantial rear parking area
More about this property
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