1116 E Mifflin St Madison, WI 53703
Tenney-Lapham NeighborhoodEstimated payment $9,940/month
Highlights
- 0.29 Acre Lot
- Property is near a bus stop
- Family Room
- Eat-In Kitchen
- Forced Air Heating and Cooling System
About This Home
8 unit apartment complex located just 5 mins from downtown Madison off E Washington Ave and N. Ingersoll St. All units are 574 sq.ft with 1 bedroom, 1 full bath, eat in kitchen and a living room area. Shared laundry room onsite, storage units for tenants in basement along with a large room for landlord storage and 10 outdoor parking stalls. Walking distance to Festival Foods and many other local restaurants and entertainment. Some updates to the units and common areas. Annual gross income of $124,380
Listing Agent
Madison Property Management, Inc. License #12003-90 Listed on: 05/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,577
Year Built
- Built in 1964
Home Design
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Family Room
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Oven or Range
- Dishwasher
Parking
- 10 Open Parking Spaces
- Outside Parking
Schools
- Lapham/Marquette Elementary School
- Okeeffe Middle School
- East High School
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
- Individual Controls for Heating
Additional Features
- 0.29 Acre Lot
- Property is near a bus stop
Community Details
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 0709-131-0910-8
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 | $43,736 | $1,240,000 | $155,000 | $1,085,000 |
| 2023 | $22,577 | $1,240,000 | $155,000 | $1,085,000 |
| 2021 | $15,393 | $720,000 | $155,000 | $565,000 |
| 2020 | $15,311 | $685,000 | $154,000 | $531,000 |
| 2019 | $14,605 | $651,000 | $140,000 | $511,000 |
| 2018 | $13,885 | $620,000 | $140,000 | $480,000 |
| 2017 | $13,312 | $574,000 | $140,000 | $434,000 |
| 2016 | $13,033 | $547,000 | $127,000 | $420,000 |
| 2015 | $12,537 | $496,000 | $127,000 | $369,000 |
| 2014 | $11,939 | $496,000 | $127,000 | $369,000 |
| 2013 | $10,313 | $496,000 | $127,000 | $369,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2025 05/07/25 | For Sale | $1,479,000 | +19.3% | $644 / Sq Ft |
| 05/17/2021 05/17/21 | Sold | $1,240,000 | +12.7% | $521 / Sq Ft |
| 04/20/2021 04/20/21 | Pending | -- | -- | -- |
| 04/13/2021 04/13/21 | For Sale | $1,100,000 | -- | $462 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $1,090,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $435,438 | New Conventional | |
| Previous Owner | $10,000 | New Conventional | |
| Previous Owner | $347,360 | New Conventional | |
| Previous Owner | $301,022 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $586,000 | Unknown | |
| Previous Owner | $40,000 | Credit Line Revolving | |
| Previous Owner | $100,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $66,667 | Future Advance Clause Open End Mortgage |
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1999181
APN: 0709-131-0910-8
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