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508-510 W Mifflin Street Madison, WI 53703 Multi Unit - Multiple Active

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Description

Solid two-flat investment property in the heart of campus housing! This classic multi-unit property has a flexible layout and is currently rented as a single house with one lease at $4,570 per month. Two parking spots are currently leased at $135 each per month. The 2026/27 lease is signed for $4,800 per month with one parking spot at $135 per month. Tenants pay their own gas, electrical and water utilities. The home features original wood floors and trim, and a new roof in 2022. Rented through 8/14/26. Driveway easement agreement on file.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Dane
High School: West
Listed By:
Madcityhomes.Com caleb@madcityhomes.com
SCWMLS

Units

Unit 1:
Bedrooms: 3
Full Baths: 1
Parking Description: 1 Space
Square Feet: 1158
Unit 2:
Bedrooms: 3
Full Baths: 1
Parking Description: 1 Space
Square Feet: 1158
$900,000
Est. $5,716/mo

Listing Courtesy of: Madcityhomes.Com
Agency Contact: caleb@madcityhomes.com
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New to the Market Active
BEDS0 BATHS MLS#2018184
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMadison

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508-510 W Mifflin Street, Madison, WI 53703.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $900,000$900,000$900,000
Down Payment $180,000$31,500$225,000
Monthly Mortgage Amount $4,202$5,227$5,471
Taxes $1253$1253$1253
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$540$0
Monthly Estimated Total $5,716$7,281$6,985

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