Seller's Agent in 2025
James Stopple
Madison Property Management, Inc.
(608) 516-8272
8 in this area
92 Total Sales
522 E Main St Madison, WI 53703
Downtown Madison Neighborhood
--
Bed
--
Bath
--
Sq Ft
8,712
Sq Ft Lot
Highlights
- 0.2 Acre Lot
- Eat-In Kitchen
- Forced Air Heating System
- Den
- Property is near a bus stop
- 5-minute walk to Law Park
About This Home
As of August 2025Downtown 5 unit rental (2 buildings) with 10 parking stalls located just 5 blocks from the Capital on the corner of E. Main St. & S. Blair St. 522 E. Main St. is a 2 flat with 2 units (2 beds & 3 beds + den). 524 E. Main St. is a 3 flat with 3 units (1 bed & two 2 beds). All 10 parking stalls and all 5 units are fully leased with a monthly gross income of $10,004/mo. and as of Sept. 2025 the monthly gross income will increase to $11,040/mo. Residents can enjoy the convenience of being within walking distance from the vibrant downtown scene, including the Capitol Square, farmers market, local eateries, entertainment and Lake Monona. Don't miss out on this exceptional investment opportunity. Zoned DR1, WP-17, HIS-FS
Last Agent to Sell the Property
Madison Property Management, Inc. License #12003-90 Listed on: 06/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,664
Year Built
- Built in 1880
Home Design
- Duplex
- Wood Siding
- Stone Exterior Construction
Interior Spaces
- 3-Story Property
- Family Room
- Den
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Oven or Range
Parking
- 10 Open Parking Spaces
- On-Street Parking
- Outside Parking
Schools
- Lapham/Marquette Elementary School
- Okeeffe Middle School
- East High School
Utilities
- Forced Air Heating System
- Separate Meters
Additional Features
- 8,712 Sq Ft Lot
- Property is near a bus stop
Community Details
- 5 Units
- Laundry Facilities
Listing and Financial Details
- Assessor Parcel Number 0709-133-1607-6
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 2, 2020
Sold by
Connelly Patrick J
Bought by
522 & 524 E Main Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$621,459
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$675,541
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $875,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Sold | $1,283,000 | -11.9% | -- |
| 06/16/2025 06/16/25 | For Sale | $1,457,000 | -- | -- |
Source: South Central Wisconsin Multiple Listing Service
Tax History Compared to Growth
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 | $35,593 | $1,010,000 | $240,000 | $770,000 |
| 2023 | $17,664 | $915,000 | $218,000 | $697,000 |
| 2021 | $18,725 | $875,000 | $180,000 | $695,000 |
| 2020 | $16,435 | $735,000 | $180,000 | $555,000 |
| 2019 | $13,771 | $614,000 | $178,800 | $435,200 |
| 2018 | $13,097 | $585,000 | $178,800 | $406,200 |
| 2017 | $13,569 | $585,000 | $178,800 | $406,200 |
| 2016 | $13,272 | $557,000 | $162,800 | $394,200 |
| 2015 | $12,755 | $505,000 | $162,800 | $342,200 |
| 2014 | $12,157 | $505,000 | $162,800 | $342,200 |
| 2013 | $11,211 | $490,000 | $162,800 | $327,200 |
Source: Public Records
Agents Affiliated with this Home
-
James Stopple
-
Tony Xiong
Seller Co-Listing Agent in 2025
Tony Xiong
Madison Property Management, Inc.
(608) 347-7842
8 in this area
63 Total Sales
-
Mari Slobounov
M
Buyer's Agent in 2025
Mari Slobounov
Keller Williams Realty
(805) 234-4360
16 in this area
478 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 2002204
APN: 0709-133-1607-6
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