510-516 S Park Street Madison, WI $ 1,199,000
510-516 S Park Street
$ 1,199,000
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510-516 S Park Street

Madison, WI, 53715
$ 1,199,000
Bedrooms3 Baths2.3 Sq 4,286

Monthly Estimate*

$ 7,480

Listed by The Hub Realty
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Multi-Family Home for sale in Madison, WI

for $1,199,000 with 3 bedrooms and 2 full baths, 3 half baths. This 4,286 square foot home was built in 1922 on a lot size of 0.169.

Rare opportunity to own 2 buildings, 2 commercial spaces, 4 apartments, oversized two car garage with ample parking on the booming S Park St corridor! This property is adjacent to Vilas/Greenbush neighborhood and walkable to everything downtown! The commercial tenants include Cordial Bar, where the motto is, "Outside's a Dive, Inside's a Vibe". They have been in business for 4 years and have an initial 10 year lease term. The adjacent commercial tenant has been there for years, as a well established business, Spike-O-Matic Tattoo. There are 2 large apartments above the commercial spaces. There is an additional 2 flat included, just North of the primary building. With well established commercial tenants, renovated apartments and an outstanding location, the options are endless!

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Multi-Family Contingent

Price

$ 1,199,000

Bedrooms

3

Full Bath

2

Half Bath

3

Property Type

Multi-Family

Taxes

$ 14,043

Style

Lot Size

0.169

Year Built

1922

Town/City

Madison

County/Region

Dane

MLS | Web ID

2008494

Features
Interior
Heating Type Forced air
Basement Full Poured concrete foundatn
Total Number of Units 6
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General
Total Expenses 42331
Heating Natural Gas
Utilities Separate elec meters Separate gas meters
Zoning TSS
School District Madison
County Dane
Miscellaneous Close to bus line Internet -Fiber Available Water Softener Owned
Class Multi Family
Net Income 66080
Tax Year 2024
Status Offer-Show
Status Detail 4
Year Built 1922
Directions Right on S Park
High School West
City Madison
Elementary School Franklin/Randall
Middle School Hamilton
DOM 84
Virtual Tour https://my.matterport.com/show/?m=YEMMgvaEspH&brand=0&mls=1&
County Qtr Section West Metro Madison
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Exterior
Exterior Brick Wood
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* Excluded Features
List By
The Hub Realty

Broker

(608) 345-0150

Phone

ryan@thehubrealty.com

Email

Affordability Calculator

$8,650
Per Month
86%
14%
0%
Monthly Principal & Interest
$7,480
Monthly Property Taxes
$1,170
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1568611 Elementary School
1568270 Middle School
West High School High School
Pricing History
DatePricePrice ChangeDescription
9/11/2025$1,199,000 Listed Price

Map


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510-516 S Park Street, Madison, WI, 53715 is a Multi-Family Home for sale at $1,199,000 with 4,286 sqft and a lot size of 0.169. 510-516 S Park Street has 3 bedrooms, 2.3 baths, and was built in 1922. The property's zip code is 53715 which is in Madison, WI