833 Midland St Madison, WI 53715
Bay Creek NeighborhoodEstimated payment $7,450/month
About This Home
All brick, 6 unit, in an outstanding location! Surrounded by hospitals and easy access to the beltline and downtown Madison make this an ideal home for a wide range of tenants. Hardwood floors & original woodwork throughout. Ample parking & a private patio/backyard make this a unique downtown property. Updated electric (2023). Current two bedroom rents range from $1530-1580. Current one bedroom rent is $1200. All utilities are currently included in rent, but electric has the opportunity to be separately metered as soon as backordered equipment is delivered.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,786
Year Built
- Built in 1936
Home Design
- Brick Exterior Construction
- Poured Concrete
Parking
- 6 Open Parking Spaces
- Outside Parking
Schools
- Franklin/Randall Elementary School
- Hamilton Middle School
- West High School
Additional Features
- Basement Fills Entire Space Under The House
- 7,998 Sq Ft Lot
- Heating System Uses Steam
Community Details
- 6 Units
- Net Operating Income $71,546
Listing and Financial Details
- Assessor Parcel Number 070926209094
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 | $17,571 | $501,000 | $91,000 | $410,000 |
| 2023 | $8,229 | $455,000 | $83,000 | $372,000 |
| 2021 | $7,611 | $358,000 | $68,000 | $290,000 |
| 2020 | $7,223 | $325,000 | $68,000 | $257,000 |
| 2019 | $6,896 | $309,200 | $67,900 | $241,300 |
| 2018 | $6,548 | $294,200 | $67,900 | $226,300 |
| 2017 | $6,785 | $294,200 | $67,900 | $226,300 |
| 2016 | $6,325 | $267,200 | $61,900 | $205,300 |
| 2015 | $6,392 | $267,200 | $61,900 | $205,300 |
| 2014 | $6,396 | $267,200 | $61,900 | $205,300 |
| 2013 | $6,079 | $267,200 | $61,900 | $205,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | For Sale | $1,227,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $231,000 | New Conventional | |
| Open | $680,000 | New Conventional |
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 2003008
APN: 0709-262-0909-4
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