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516 S Park St
Madison, WI 53715
Multifamily Property For Sale · 6 Units

Investment Highlights

  • Walkable to Downtown & UW Campus
  • Near Bike Paths, Coffee Shops, Restaurants, Bars
  • Easy Access to Beltline

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Apartments
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 3,797 SF
No. Stories 2
Year Built/Renovated 1922/2020
Parking Ratio 1.5/1,000 SF
Zoning TSS - TSS - Traditional Shopping Street

Amenities

  • Smoke Detector

Unit Amenities

  • Balcony
  • Cable Ready
  • Dishwasher
  • Washer/Dryer
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Wi-Fi
  • Deck
  • Family Room
  • Vinyl Flooring
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • On-Site Retail
  • Storage Space
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $1,700 850
1+1 3 $1,365 550
Studios 2 $1,725 826 - 2,060

Property Taxes

Property Taxes

Parcel Number
0709-233-1521-6
Land Assessment
$85,000
Improvements Assessment
$713,000
Total Assessment
$798,000
  • Listing ID: 37961119

  • Date on Market: 10/6/2025

  • Last Updated:

  • Address: 516 S Park St, Madison, WI 53715

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