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Madison Isthmus Portfolio Opportunity
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820-828 E Dayton Street, Madison, WI 53703

Rare 7-unit portfolio in Madison's core Isthmus.

Property SizeContact for details
Days on Market166

Property Features for 820-828 E Dayton Street

General Information

Standard status Active
Total Parking Spaces 14
Property subtype Multifamily
Zoning TR-V1
Net Operating Income $119,351

Building Details

Year Built 1897
Units 7
Listing Agency: Conrad Development
Listed By: William Butcher · License #WI
Source: Crexi
Added: Mar 18 Changed: Aug 8 Last Checked: Jul 15 at 5:02PM

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 Conrad Development

Investment Insights

Based on property information with market context.

This offering presents a rare opportunity to acquire a 4-parcel, 7-unit portfolio located in Madison’s core Isthmus, the city’s most walkable and in-demand location. The property combines a true neighborhood feel with immediate access to downtown, restaurants, grocery stores, entertainment venues, parks, major employers, and the Capitol, which is situated 8 blocks away. The portfolio includes properties at 820, 822, 824, and 828 E Dayton St. It offers a compelling opportunity for investors seeking current income with upside potential, multifamily developers pursuing scarce assemblage scale, and smaller owners desiring control of a rarely available Isthmus footprint. Opportunities to acquire this kind of assembly in this location are infrequent, enhancing the value proposition. The current gross revenue is $165,000, with a net operating income (NOI) of $119,500. The parcel numbers are 0709-132-1011-1, 0709-132-1012-9, 0709-132-1013-7, and 0709-132-1014-5. The property can be held, renovated, repositioned, or redeveloped.

Key Highlights

  • Rare 4‑parcel, 7‑unit portfolio in Madison’s core Isthmus.
  • Highly desirable location: walkable, close to downtown, restaurants, grocery, entertainment, parks, major employers, and the Capitol.
  • Significant investment upside: current income with potential for increased rents.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Home Appliance Store Electrical Service

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

Location Intelligence

Trade Area within ½ mile

2,001
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?
Apartment building - Rare 7-unit portfolio in Madison's core Isthmus.
Where is this apartment building located?
The property is located at 820-828 E Dayton Street Madison, WI.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Rare 4‑parcel, 7‑unit portfolio in Madison’s core Isthmus.; Highly desirable location: walkable, close to downtown, restaurants, grocery, entertainment, parks, major employers, and the Capitol.; Significant investment upside: current income with potential for increased rents.
More about this property
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