828 E Dayton St Unit 1 Madison, WI 53703
Tenney-Lapham NeighborhoodEstimated payment $3,451/month
Highlights
- Forced Air Heating System
- Marquette Elementary Rated A-
- 2-minute walk to Reynolds Park
About This Home
Fully leased two-unit investment property in Tenney-Lapham, one of Madison's most walkable near-east neighborhoods. Both units are spacious 3-bedroom, 1-bath layouts of roughly 1,100 square feet. Current leases run through May 31, 2027 at $2,100 and $2,200 per month - $51,600 in annual gross income with no near-term turnover. Two new furnaces (2025) and a rebuilt front porch (2021) put the major capital items behind you. Tenants pay their own gas and electric; owner covers water and sewer. Steps to Reynolds Park; James Madison Park and the Lake Mendota shoreline are three blocks north, with groceries, the Capitol Square, and the E Washington corridor an easy walk or bike ride away. Lapham/Marquette, O'Keeffe and East schools. A durable, low-maintenance hold in a rental market that stays tight.
Listing Agent
Conrad Development LLC Brokerage Email: info@conraddevelopment.com License #57861-94 Listed on: 08/03/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,791
Year Built
- Built in 1918
Lot Details
- 4,792 Sq Ft Lot
Home Design
- Duplex
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
Parking
- 2 Open Parking Spaces
- Driveway
- Outside Parking
Schools
- Lapham/Marquette Elementary School
- Okeeffe Middle School
- East High School
Utilities
- Forced Air Heating System
- Separate Meters
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 0709-132-1014-5
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,791 | $476,100 | $106,600 | $369,500 |
| 2024 | $15,298 | $436,800 | $106,600 | $330,200 |
| 2023 | $7,373 | $408,200 | $106,600 | $301,600 |
| 2022 | $14,811 | $378,000 | $98,700 | $279,300 |
| 2021 | $7,654 | $360,000 | $98,700 | $261,300 |
| 2020 | $8,326 | $372,100 | $92,200 | $279,900 |
| 2019 | $7,692 | $344,500 | $83,800 | $260,700 |
| 2018 | $7,311 | $328,100 | $80,600 | $247,500 |
| 2017 | $6,341 | $275,200 | $80,600 | $194,600 |
| 2016 | $5,947 | $250,200 | $74,600 | $175,600 |
| 2015 | $5,636 | $236,000 | $64,000 | $172,000 |
| 2014 | $5,640 | $236,000 | $64,000 | $172,000 |
| 2013 | $5,151 | $226,900 | $61,500 | $165,400 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/03/2026 08/03/26 | For Sale | $495,000 | -- | $225 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $247,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $262,500 | Commercial | |
| Open | $495,000 | Commercial |
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 2029613
APN: 0709-132-1014-5
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