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$1,450,000
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Property Description
Solidly built, brick 8 unit now in an established neighborhood. Each unit includes one space in a detached garage, and storage locker. Each building also features basement laundry area for tenant use. This property has been well-maintained but can use some cosmetic updates. Strong rental history with some room for rent increases. Rents listed are for Units in Building 225. Additional unit rents for Building 229: #1 $1260, Great location close to bus line and employers including Trustage and Exact Sciences.#2 $1225, Unit #3 $1265, Unit #4 $1215. All units are similar in floorplan and condition. Only 1 unit will be available for initial showing.
Full Property Details
Full Property Details for 225 Nautilus Dr
General
- Price: $1,450,000
- Taxes: $21,554 (2023)
- Status: Active
- Type: Apartment
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 1984907
- Updated: 6/5/2025
- Added to Site: 503 day(s) ago
Interior
- Interior Features: Water Softener, High-Speed Internet
Parking
- Garage Description: Detached
Location
- Municipality: Madison
- County: Dane
- Driving Directions: From HWY 14, exit onto Mineral Point Rd heading East. Turn left on Nautilus Drive and the property will be on your right.
School Information
- School District: Madison
- Elementary School: Muir
- Middle School: Jefferson
- High School: Memorial
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Radiant/Electric
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
- Utility Description: Separate Electric Meters
Structural Information
- Description/Design: Apartment Building
- Exterior Const.: Brick
- Basement Desc.: Poured Concrete
- Year Built: 1965
Unit Information
- Units in Building: 8
Unit 1
- Square Feet: 812
- Bedrooms: 2
Unit 2
- Square Feet: 812
- Bedrooms: 2
- Primary Bedroom: Main Level, 13 x 10
- Bedroom 2: Main Level, 12 x 10
- Living Room: Main Level, 17 x 13,
- Kitchen: Main Level, 10 x 8,
Unit 3
- Bedrooms: 2
Unit 4
- Bedrooms: 2
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: Commercial
Financial Considerations
- Tax Amount: $21,554
- Tax Year: 2023
Disclosures and Reports
- Exclusions: Seller and tenants' personal property.
- Inclusions: Refrigerator (8), range/oven (8), washer (2), dryer (2).
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Schools
Schools serving 225 Nautilus Dr
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Muir Elementary School, Madison, WI 6602 Inner Drive, Madison, WI 53705 | K-5 | 0.5 mi |
Jefferson Middle School, Madison, WI 101 S Gammon Rd, Madison, WI 53717 | 6-8 | 0.7 mi |
Memorial High School, Madison, WI 201 South Gammon Road, Madison, WI 53717 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 225 Nautilus Dr
Date
Details
Price
Change
Source
6/05/2025
Price Reduced
$1,450,000
-3.33%
MLS
1/09/2025
Price Reduced
$1,500,000
-6.25%
MLS
8/30/2024
Listed
$1,600,000
135.29%
MLS
9/30/2014
Sold
$680,000
—
Public Record
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
Tax History for 225 Nautilus Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$21,921
11%
$1,243,000
5%
2022
$19,810
6%
$1,184,000
18%
2021
$18,682
—
$1,004,000
15%
2021
$18,591
—
$873,000
5%
2020
$18,591
7%
$831,000
7%
2019
$17,447
5%
$777,000
5%
2018
$16,587
5%
$740,000
9%
2017
$15,785
-3%
$680,000
—
2016
$16,221
-1%
$680,000
—
2015
$16,387
32%
$680,000
32%
2014
$12,452
-2%
$514,000
—
2013
$12,711
—
$514,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 225 Nautilus Dr
225 Nautilus Drive, Madison, WI 53705 (MLS# 1984907) is a Apartment property with 0 bedrooms and 0 full bathrooms. 225 Nautilus Drive is currently listed for $1,450,000 and was received on August 30, 2024. Want to learn more about 225 Nautilus Drive? Do you have questions about finding other Apartment real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

