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$695,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 2 Car Garage
  • Updated 3 days ago
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Rare opportunity to own a well-maintained two-flat in one of downtown Madison?s most desirable rental locations. Just minutes from the Capitol Square, UW?Madison, Brittingham Park, and Lake Monona, this property offers strong investment appeal in a consistently high-demand area. The spacious upper unit features 3 bedrooms, while the oversized lower 2-bedroom unit offers excellent layout flexibility and potential for a future 3-bedroom conversion. Both units have seen thoughtful updates over time, including newer windows, refreshed kitchen finishes, and the addition of a dishwasher. Rear parking is a major bonus, highlighted by two covered garage spaces. Seller would prefer to sell in conjunction with neighboring property, see 112-114 Proudfit listing.

Full Property Details for 116-118 Proudfit St

General

  • Price: $695,000
  • Taxes: $10,262 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
  • MLS ID: 2023081
  • Updated: 5/12/2026
  • Added to Site: 3 day(s) ago

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Garage Description: 2 Car, Detached

Location

  • Municipality: Madison
  • County: Dane
  • Driving Directions: Just East of Regent Street / W. Washington intersection, property on your right

School Information

  • School District: Madison
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West

Heating & Cooling

  • Heating Fuel: Natural Gas
  • Heating/Cooling: Forced Air

Utilities

  • Water/Sewer: Municipal Water, Municipal Sewer
  • Utility Description: Separate Electric Meters, Separate Gas Meters

Structural Information

  • Description/Design: 2 Stories, 2 Flat Up and Down
  • Exterior Const.: Wood
  • Basement Desc.: Full
  • Year Built: 1925

Unit Information

  • Units in Building: 2

Unit 1

  • Square Feet: 1093
  • Bedrooms: 2

Unit 2

  • Square Feet: 1093
  • Bedrooms: 3

Lot Features

  • Lot Size Source: Assessor/Public Record
  • Zoning: TR-C4

Financial Considerations

  • Tax Amount: $10,262
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Tenant personal items
  • Inclusions: All appliances

Listed by Bruner Realty & Management

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— 116-118 Proudfit St —

  • Bruner Realty & Management

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NMLS#: 1598647

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Price & Sales History for 116-118 Proudfit St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/12/2026
Listed
$695,000
178%
MLS
8/30/2013
Sold
$250,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 116-118 Proudfit St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,286
3%
$472,800
7%
2022
$8,052
4%
$441,900
8%
2021
$7,770
3%
$409,200
12%
2021
$7,522
—
$365,400
8%
2020
$7,522
—
$338,300
—
2019
$7,552
—
$338,300
—
2018
$7,541
6%
$338,300
10%
2017
$7,095
14%
$307,500
17%
2016
$6,213
-1%
$262,500
—
2015
$6,278
4%
$262,500
5%
2014
$6,057
42%
$250,000
44%
2013
$4,253
—
$174,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Bruner Realty & Management

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116-118 Proudfit Street, Madison, WI 53715 (MLS# 2023081) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 116-118 Proudfit Street is currently listed for $695,000 and was received on May 12, 2026. Want to learn more about 116-118 Proudfit Street? Do you have questions about finding other Multi-Family real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

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