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Leased Two-Unit Duplex
For Sale
Contact for pricing
Pending

828 E Dayton Street, Madison, WI 53703

Fully leased duplex with updated furnaces and a rebuilt front porch.

Property SizeContact for details
Days on Market9

Property Features for 828 E Dayton Street

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multifamily
Zoning TR-V1
Occupancy 100%

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Additional Details

Gross Income $51,600

Building Details

Year Built 1918
Units 2
Tenancy Multi
Listing Agency: Conrad Development
Listed By: William Butcher · License #WI
Source: Crexi
Added: Aug 3 Changed: Aug 10 Last Checked: Aug 10 at 10:44AM

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 Conrad Development

Investment Insights

Based on property information with market context.

Built in 1918, this duplex contains two three-bedroom, one-bath residences, each measuring roughly 1,100 square feet. Both apartments are leased through May 31, 2027. The property includes two furnaces installed in 2025 and a front porch rebuilt in 2021. Tenants pay gas and electric, while ownership covers water and sewer. The property is zoned TR-V1.

Located at 828 E Dayton Street in Madison’s Tenney-Lapham area, the duplex sits near Reynolds Park, with James Madison Park and the Lake Mendota shoreline three blocks north. Grocery stores, Capitol Square, and the E Washington corridor are accessible on foot or by bicycle. Nearby schools include Lapham/Marquette, O’Keeffe, and East.

Key Highlights

  • Two 3‑bedroom, 1‑bath units of roughly 1,100 square feet each
  • Leases extend through May 31, 2027
  • Two furnaces installed in 2025

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Daycare Center HVAC Service (Bike/Boat/Book/etc) Store Locksmith Storage Facility Home Appliance 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
100%
Occupancy
Multi-tenant
Tenancy

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?
Duplex - Fully leased duplex with updated furnaces and a rebuilt front porch.
Where is this duplex located?
The property is located at 828 E Dayton Street Madison, WI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Two 3‑bedroom, 1‑bath units of roughly 1,100 square feet each; Leases extend through May 31, 2027; Two furnaces installed in 2025
More about this property
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