101-105.5 State St Madison, WI 53703
Downtown Madison NeighborhoodEstimated payment $28,044/month
About This Home
This Beautifully preserved 4 story landmark building offers an exceptional investment opportunity, located just steps away from the state capital. Featuring 3 bustling storefronts and one office space on the ground floor, this property is a hub of activity. Above you'll find 8 fully occupied residential apartment, providing consistent rental income from long term tenants. With its prime location, historical charm, and fully occupied, this property is a solid addition to any investment portfolio. Whether you're seeking a reliable source of income or a piece of local history, this building offers both. Contact for more details or to schedule a viewing.
Property Details
Property Type
- Other
Est. Annual Taxes
- $27,542
Lot Details
- 2,178 Sq Ft Lot
Home Design
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 8,903 Sq Ft Home
- Basement Fills Entire Space Under The House
Listing and Financial Details
- Exclusions: sellers and tenants personal property
- Assessor Parcel Number 070923101011
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $58,936 | $1,405,000 | $130,000 | $1,275,000 |
| 2023 | $27,542 | $1,275,000 | $130,000 | $1,145,000 |
| 2021 | $27,692 | $1,095,000 | $130,000 | $965,000 |
| 2020 | $28,171 | $1,095,000 | $130,000 | $965,000 |
| 2019 | $26,381 | $990,000 | $127,000 | $863,000 |
| 2018 | $26,108 | $990,000 | $127,000 | $863,000 |
| 2017 | $25,804 | $943,000 | $127,000 | $816,000 |
| 2016 | $24,363 | $857,000 | $115,000 | $742,000 |
| 2015 | $20,673 | $816,000 | $115,000 | $701,000 |
| 2014 | $19,691 | $816,000 | $115,000 | $701,000 |
| 2013 | $20,661 | $816,000 | $115,000 | $701,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/30/2025 01/30/25 | For Sale | $4,900,000 | -- | $550 / Sq Ft |
Source: Metro MLS
MLS Number: 1905484
APN: 0709-231-0101-1
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