820-828 E Dayton Street
Madison, WI, 53703 $ 2,300,000
Bedrooms7 Baths4.0 Sq 3,007 Monthly Estimate*
$ 14,161
Listed by Conrad Development LLC
for $2,300,000 with 7 bedrooms and 4 full baths. This 3,007 square foot home was built in 1897 on a lot size of 0.45.
Rare 4-parcel, 7-unit portfolio in Madisonâs core Isthmus - the cityâs most walkable, in-demand location. Combines true neighborhood feel w/immediate access to downtown, restaurants, grocery, entertainment, parks, major employers & the Capitol 8 blocks away. Includes 820, 822, 824 & 828 E Dayton St. Compelling opportunity for investors seeking current income+upside, multifamily developers pursuing scarce assemblage scale, & smaller owners wanting control of a rarely available Isthmus footprint. Opportunities to acquire this kind of assembly in this location are few & far between, which is exactly why the value proposition is so compelling. Pricing is competitive, current rents offer upside relative to price per SF, & raw land pricing for development has moved dramatically in recent years. Hold, renovate, reposition, or redevelop. Rare scale, rare location, rare opportunity. $165k gross revenue, $119,500 NOI Parcel #'s: 0709-132-1011-1, 0709-132-1012-9, 0709-132-1013-7, 0709-132-1014-5.
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FeaturesInteriorHeating Type Radiant
Basement Full
Total Number of Units 7
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GeneralTotal Expenses 45649
Heating Natural Gas
Utilities Separate elec meters Separate gas meters
Zoning TR-V1
School District Madison
County Dane
Class Multi Family
Net Income 119351
Tax Year 2025
Status Active
Status Detail 0
Year Built 1897
Directions E Dayton St between Paterson between Livingston and Paterson.
High School East
City Madison
Elementary School Lapham/Marquette
Middle School OKeeffe
DOM 7
County Qtr Section East Metro Madison
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* Excluded FeaturesList ByConrad Development LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $14,161
- Monthly Property Taxes
- $2,963
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Madison, WI
Average List Price $1,029,193
Percent of Sale Price 55%
About Madison, WI 252,062 Population
21% Since 2002
$ 58,415 Median Income
34.31 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
1832984 Elementary School
1832689 Middle School
East High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/22/2026 | $2,300,000 | | Listed Price |