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Sold on 07/24/2014
Stuart Meland of Madcityhomes.Com
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516 E Mifflin St, Madison, WI 53703

  • $788,000

    Last sold 07/24/2014 for $370K

  • 8

    bed

  • 4

    bath

  • 3,350

    Sqft ($110/Sqft)

Multi-family not for sale
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About 516 E Mifflin St

Property type Multi-family
Neighborhood
Year built 1919
HOA fee $0/month
Lot size 3,049 Sqft
Movoto estimate
Property description
4 unit apartment building downtown. Excellent rental history. (never a vacancy in over 10 years) Most all units have nice re-finished hardwood flooring. No maintenance vinyl siding & windows & newer appliances. Brand new Boiler was installed in 2008. All units have been remodeled recently & show excellent. 2013 Gross Rental Income was $44,108.81. Total Expenses were $15,876.96 which included Real Estate Taxes of $8,604.46 & property insurance of $1,221. Net Income after all expenses was $28,231.85.
Listed by
Listing Agent - Stuart Meland
Listing Agent Contact: Stuart@madcityhomes.com
Listing Office - Madcityhomes.Com
Source: SCWMLS mls logo
MLS#1711090 • last updated 12 years ago
Movoto checked SCWMLS for data 3 hours ago
Overview
Status Sold
Type Multi Family
SubType Apartment Building, 2 Story
Lot Size (Acres) 0.07
Property Tax 8605
Listing Agent Contact Stuart@madcityhomes.com, 608-438-3150
Listing Office Contact 608-438-3150
Listing Office Madcityhomes.Com
Listing Agent Stuart, Meland
Interior
Basement Full
Exterior
Exterior Vinyl
# Parking Per Unit None
Amenities / Utilities
Water/ Waste Municipal Sewer, Municipal Water
Utilities Separate Elec Meters
Miscellaneous Shared Laundry, Close To Bus Line
Location
Area MADISON - C E01
County Dane
School District Madison
High School East
Elementary School Lapham/Marquette
Middle School OKeeffe
APN 0709-133-1433-5
Zoning DR1
Multifamily Details
Unit 2: Room(s) Family/Rec Rm, Eat-in Kitchen, Balcony/patio, Range/oven, Refrigerator
Unit 4: SqFt 800
Unit 1: SqFt 875
Unit 3: Lease Expiration Date 08/14/15
Unit 3: Room(s) 3, Family/Rec Rm, Eat-in Kitchen, Balcony/patio, Range/oven, Refrigerator
Unit 2: Parking None
Unit 2: Lease Expiration Date 08/14/15
Unit 3: # Beds 2
Unit 3: Parking None
Unit 4: Room(s) 4, Family/Rec Rm, Eat-in Kitchen, Balcony/patio, Range/oven, Refrigerator
Unit 4: Lease Expiration Date 08/14/15
Unit 4: Parking None
Unit 1: # Full Baths 1
Unit 2: # Full Baths 1
Unit 2: # Beds 2
Unit 3: # Full Baths 1
Unit 4: # Beds 2
Unit 3: SqFt 850
Unit 1: Room(s) Family/Rec Rm, Eat-in Kitchen, Balcony/patio, Range/oven, Refrigerator
Unit 4: # Full Baths 1
Unit 4: Monthly Rent 825
Unit 3: Monthly Rent 825
Unit 2: Monthly Rent 825
Unit 1: Monthly Rent 825
Net Operating Income 28232
Total Expenses 15876
$788K
Range: $646K-$929K
Last 30 days 
  • 516 E Mifflin St
    $370K
  • Downtown Madison
    $474K +1% y/y
  • 53703
    $499K +6% y/y
  • Madison
    $442K +4% y/y
No chart available
Statistics calculated by Movoto

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Lapham Elementary School
public Grades PK, K-2
Madison Metropolitan School District
6/10
O'keeffe Middle School
public Grades 6-8
Madison Metropolitan School District
6/10
East High School
public Grades 9-12
Madison Metropolitan School District
Source: GreatSchools.org © 2026. All rights reserved.

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