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Property profile & analytics
OFF-MARKET
Apartment buildings
1517 Martin St Madison, WI 53713-1155
Individually Owned
Free & Clear
Property ID
US92-0171549
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2008
Lot
0.37 ac (16,117 SF)
Zoning code
TR-V2
APN
0709-341-1203-1
UPID
US92-0171549
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Speeddate.love Speed Dating Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Russell Buth
Russell Buth
since 2025
Last sale
$256,000
5 recorded transactions
Zoning & alternative use
TR-V2 · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$17,571
Tax year 2022
Assessed value
$882,300
Assessed 2023
Previous assessed
$882,300
+0.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$92,500
Assessed improvement
$789,800
Applied tax rate
3,269.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2008
Units
8
Lot
0.37 ac (16,117 SF)
Zoning code
TR-V2
APN
0709-341-1203-1
UPID
US92-0171549
Jurisdiction
DANE
Zoning & alternative use
TR-V2 · Madison, WI
Zoning TR-V2 · permitted uses
TR-V2 · Madison, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Units
8
Lot
0.37 ac
Current owner
From public records · entity-resolved
Russell Buth
Individual
Free & Clear · 0 yrs held
Mailing address
3 PARK LN, MADISON, NJ 07940-2714
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2025
—
Martin 15 LLC
—
Deed
related
$700,000 · Landmark Cu
Aug 26, 2025
$256,000
Russell Buth
Martin 15 LLC
Corporation Deed
—
Jul 18, 2025
$255,000
Rudradutt Gurudatt Thaker
Martin 15 LLC
Corporation Deed
$204,000 · University Of Wisconsin Cu
Jul 24, 2024
—
Martin 15 LLC
—
Deed
related
$550,000 · Landmark Cu
Apr 29, 2024
$1,550,000
Martin 15 LLC
Hef Martin Street LLC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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