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Duplex with Parking Lot
For Sale
$1,171,000

535 W Dayton Street, Madison, WI 53703

Multi Family, Madison, WI

Property SizeContact for details
Lot Size0.11 Acres
Days on Market34

Property Features for 535 W Dayton Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning DR2
Bedrooms 8
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 7, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 8, Bedroom 3
Appliances 2
Elementary school Franklin/Randall
Middle school Hamilton
High school West
Elementary school district Madison
Middle school district Madison
High school district Madison
Directions West Washington to North Bedford to W Dayton St
Subdivision MADISON - C W01
Standard status Active
APN 0709-231-2416-2
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11890

Utilities

Heating system Forced Air

Building Details

Year built 1899
Number of units 2
Listing Agency: Madcityhomes.Com
Listed By: Caleb Payne · License #9313994
Added: Sep 11 Changed: Oct 7 Last Checked: Oct 14 at 4:06AM
MLS# 2032490

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Madison duplex contains two apartments, each configured with four bedrooms and one bathroom. The property includes a large rear parking area, with individual parking spaces leased separately. Tenants pay their own electricity, and the building has forced-air heating.

At 535 W Dayton Street, the 0.11-acre property is zoned DR2 and dates to 1899. Laundry facilities provide an additional income source.

Key Highlights

  • Two apartments, each with 4 bedrooms and 1 bathroom
  • Large rear parking area with separately leased spaces
  • 0.11‑acre site zoned DR2

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 - Two apartments each have four bedrooms and one bathroom, with additional parking spaces leased separately.
Where is this duplex located?
The property is located at 535 W Dayton Street 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 bathroom; Large rear parking area with separately leased spaces; 0.11‑acre site zoned DR2
More about this property
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