NOT LISTED FOR SALE

520 W Doty St Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $659,000 - $925,000

4 Beds
3 Baths
2,816 Sq Ft
$282/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2025

Last sale price $950,000 $337 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $4,806 / mo

8 Days on Market

Highlights

  • 0.2 Acre Lot
  • Balcony
  • Eat-In Kitchen
  • Hamilton Middle School Rated A
  • Detached Garage
  • Property is near bus stop

About This Home

As of February 2025

Introducing a rare opportunity to own Madison Downtown Apartments! Located at 520-524 W. Doty St., Madison, WI 53703, this 2-parcel lot features a total of 4 units just 4 blocks from the Kohl Center and within walking distance to the UW. The property comprises two buildings with 2 units each. The first building at 520 W. Doty St. boasts a 3-bedroom and a 1-bedroom unit, while the second building at 522-524 W. Doty St. offers two 2-bedroom units. With convenient covered parking for 4 vehicles and additional uncovered parking available. Both properties are fully leased for the 2024-2026 rental season with the exception of the 5 parking stalls for the 2025-2026 rental season, which ensures a steady income stream for the new owner. Don't miss your chance to own this prime real estate.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 01/14/2025

Co-Listed By

Tony Xiong

Madison Property Management, Inc. License #69875-94

Last Buyer's Agent

Michael Restaino

Restaino & Associates License #57329-90

Restaino & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,838

Lot Details

  • 8,712

Home Design

  • Duplex
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Parking

  • Detached Garage
  • 5 Open Parking Spaces
  • Carport
  • Outside Parking

Schools

  • Call School District Elementary And Middle School
  • Call School District High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Controls for Heating
  • High Speed Internet
  • Internet Available

Additional Features

  • Family Room
  • Balcony
  • 8,712 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 070923132313

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,838

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Items Excluded: tenants personal property
  • Items Included: 2 furnaces, 2 water heaters, 4 stoves, 4 fridges, 1 wash & 1 dryer.
  • Miscellaneous: Close to bus line, Internet - Cable, Internet - DSL
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partial
  • Number Dish Washers: 3
  • Number Dryers: 1
  • Number Washers: 1

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 5

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Detached, Carport, Outside
  • Utilities: Separate elec meters

Schools

  • Elementary School: Call School District
  • High School: Call School District
  • Middle School: Call School District
  • School District: Madison

Lot Info

  • Estimated Aces: 0.2
  • Zoning: DR2

Rental Info

  • Total Income: 81360

Tax Info

  • Net Taxes: 13838
  • Tax Year: 2024
  • Assessor Parcel Number: 070923132313

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 2
  • Number Of3 Bedrooms: 1
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2025
Closed on
Feb 28, 2025
Sold by
520 West Doty Street Llc
Bought by
University Book Store Properties Llc
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Michael Restaino
Restaino & Associates
List Price
$999,900
Sold Price
$950,000
Premium/Discount to List
-$49,900
-4.99%
Views
32
Current Estimated Value
$792,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$157,212
Avg. Annual Appreciation
-14.33%

Purchase Details

Closed on
Dec 18, 2014
Sold by
Gamble William O and Sullivan James W
Bought by
520 West Doty Street Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
University Book Store Properties Llc $950,000 None Listed On Document
520 West Doty Street Llc $500,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $950,000 -5.0% $337 / Sq Ft
01/14/2025 01/14/25 For Sale $999,900 -- $355 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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
2025 $7,582 $411,300 $139,100 $272,200
2024 $13,192 $377,300 $139,100 $238,200
2023 $6,357 $352,600 $139,100 $213,500
2022 $12,770 $326,500 $139,100 $187,400
2021 $6,018 $283,900 $139,100 $144,800
2020 $5,828 $262,900 $135,000 $127,900
2019 $5,851 $262,900 $129,400 $133,500
2018 $5,561 $250,400 $129,400 $121,000
2017 $5,763 $250,400 $129,400 $121,000
2016 $5,637 $238,500 $117,600 $120,900
2015 $5,697 $223,800 $117,600 $106,200
2014 $5,344 $223,800 $117,600 $106,200
2013 $5,056 $215,200 $110,900 $104,300
Source: Public Records

Agents Affiliated with this Home

  • James Stopple

    Seller's Agent in 2025

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    9 in this area

    87 Total Sales

    James Stopple
    Section Image
  • Tony Xiong

    Seller Co-Listing Agent in 2025

    Tony Xiong

    Madison Property Management, Inc.

    (608) 347-7842

    8 in this area

    68 Total Sales

    Tony Xiong
    Section Image
  • Michael Restaino

    Buyer's Agent in 2025

    Michael Restaino

    Restaino & Associates

    (608) 628-0772

    2 in this area

    178 Total Sales

    Michael Restaino
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1991754

South Central Wisconsin Multiple Listing Service

APN: 0709-231-3231-3

Wisconsin Dane County Madison 53703 Downtown Madison

520 W Doty St, Madison, WI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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