520-524 West Doty Street

Madison, WI 53703

$999,900
Price
8
Beds
4
Baths
2,816 Sq. Ft.
$355 / Sq. Ft.
2,816
Sq. Ft.
$355
per Sq. Ft.

Description

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...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.
  1. Listed by Jim Stopple • Madison Property Management, Inc.
  2. Listed by Tony Xiong • Madison Property Management, Inc.

Property Details for 520-524 West Doty Street

Zoning
DR2
LISTING UPDATED: 01/14/2025 03:51 PM

Property Details for 520-524 West Doty Street

StatusActive
MLS #1991754
Days on Market1
Taxes$13,838 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2 flat-up and down
Year Built999
Lot Size0.02 AC / 871 SF
CountyDane County

Building Information for 520-524 West Doty Street

Stories-Residences4Year Built999Building Size-Lot Size0.02 AC / 871 SF

Property Information for 520-524 West Doty Street

Summary
Location and General Information
  • C/T/V: City
  • County: Dane
  • County Qtr Section: West Metro Madison
  • Directions: W. Washington Ave., to Bedford., to W. Doty St.
  • Location: MADISON - C W01
  • Mailing City: Madison
  • Municipality: Madison
  • State: WI
  • Zip: 53703
Parking
  • Park/Unit: Detached, Carport, Outside
  • Parking Spaces Outside: 5
  • Parking Stalls Inside: 0
School Information
  • Elementary: Call School District
  • High School: Call School District
  • Middle School: Call School District
  • School District: Madison
Taxes and HOA Information
  • Net Taxes: $13,838.00
  • Parcel ID: 070923132313
  • Tax Year: 2024
Property
Property and Assessments
  • Class: Multi Family
  • Improvements: 512900
  • Land Assess: $278,200.00
  • Legal Documents: Joint driveway agreement, Lease(s) on file
  • Miscellaneous: Close to bus line, Internet - Cable, Internet - DSL
  • Total Assess: $791,100.00
  • Total Assess Year: 2024
  • Type: 2 flat-up and down, Other
  • Year Built: 999
Lot Information
  • Estimated Total Acres: 0.02
  • Source of Est. Acres: Assessor
  • Source of Year Built: Other
Utilities
  • Utilities: Separate elec meters
  • Water/Waste: Municipal sewer, Municipal water
Interior and Exterior Features
Exterior Features
  • Exterior: Aluminum/Steel, Vinyl
Interior Features
  • Items Included: 2 furnaces, 2 water heaters, 4 stoves, 4 fridges, 1 wash & 1 dryer.
  • Items Excluded: tenants personal property
  • Number of Dish Washers: 3
  • Number of Dryers: 1
  • Number of Furnaces: 2
  • Number of Stoves: 4
  • Number of Refrigerators: 4
  • Number of Washers: 1
  • Number of Water Heaters: 2
  • Number of Water Softeners: 0
  • Basement: Full, Partial
  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Number of Efficiencies: 0
Room Information
Bedrooms
  • Number of 1 Bedrooms: 1
  • Number of 2 Bedrooms: 2
  • Number of 3+ Bedrooms: 1
Multi Family
Unit Information
  • Number of Units w/AC: 0
  • Number of Units: 4
Income & Expenses Information
  • Total Income: $81,360
Unit 1
  • U1 Landlord Pays Heat: No
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Water/Sewer: Yes
  • Unit 1: Family/Rec rm,Eat-in kitchen,Range/oven,Refrigerator,Individual heat control
  • U1 Parking: None
  • U1 Number of Bedrooms: 3
  • U1 Full Baths: 1
  • U1 Half Baths: 0
  • U1 SqFt: 914
  • Unit 1 Kitchen Level: M
  • Unit 1 Living/Great Room Level: M
  • Unit 1 Primary BedRoom Level: U
  • Unit 1 Kitchen Dimensions: 11x10
  • Unit 1 Living/Great Room Dimensions: 14x12
  • Unit 1 Primary BedRoom Dimensions: 13x13
Unit 2
  • U2 Landlord Pays Heat: No
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Water/Sewer: Yes
  • Unit 2: Family/Rec rm,Eat-in kitchen,Balcony/patio,Range/oven,Refrigerator,Individual heat control
  • U2 Parking: None
  • U2 Number of Bedrooms: 1
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 SqFt: 460
Unit 3
  • Unit 3: Family/Rec rm,Eat-in kitchen,Range/oven,Refrigerator,Individual heat control
  • U3 Parking: None
  • U3 Number of Bedrooms: 2
  • U3 Full Baths: 1
  • U3 Half Baths: 0
  • U3 SqFt: 721
  • U3 Landlord Pays Heat: No
  • U3 Landlord Pays Electric: No
  • U3 Landlord Pays Water/Sewer: Yes
Unit 4
  • Unit 4: Family/Rec rm,Eat-in kitchen,Range/oven,Refrigerator
  • U4 Half Baths: 0
  • U4 Parking: None
  • U4 Number of Bedrooms: 2
  • U4 Full Baths: 1
  • U4 Landlord Pays Heat: No
  • U4 Landlord Pays Electric: No
  • U4 Landlord Pays Water/Sewer: Yes
  • U4 SqFt: 721

Property History for 520-524 West Doty Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 520-524 West Doty Street

This home is within Madison Metropolitan School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 4 to 12
Rating
School
Distance
Franklin Elementary School
PublicPK to 2

Hamilton Middle School
Public6 to 8

West High School
Public9 to 12

Metro School
Public4 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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520-524 West Doty Street is a multi-family home for sale in Madison, WI 53703. This listing's school district is Madison Metropolitan School District. Nearby schools include Franklin Elementary School, Hamilton Middle School and West High School. 520-524 West Doty Street is a 8-bed, 4-bath, 2,816 sqft multi-family home built in 999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Madison Property Management, Inc.

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 01/14/2025 03:51 PM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2025 – WiREx. – All Rights Reserved