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$610,000
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Property Description
Marquette investment property boasts a fabulous location, tucked on a quiet street, close to BB Clark Beach, Willy Street eateries and cafes and walkable to downtown! Extensive renovations since 2016, including 3 new boilers, improvement of the 2nd floor floorplan & bathroom and kitchen updates. 1st floor offers 2 bdrms, LVP flrs in living, maple hardwood in bdrms, kitchen w/dishwasher & private 3 season room. 2nd floor offers 2 bdrms, maple hardwoods and private deck. 3rd floor offers 1bdrm, hardwood flrs, updated kitchen w/dishwasher. Building offers new roof '24, water heater '14, 3 new boilers '17 (tenants pay heat) , 3 100 amp electrical panels (Unit 2 & 3 tenants pay electric, unit 1 also serves shared spaces, so paid by owner) & insulated vinyl windows. Easy turn key rental w/small lot, so not a lot of exterior upkeep. Highly desirable rental market makes this the perfect investment.
Full Property Details
Full Property Details for 411 Paterson St
General
- Sold For: $610,000
- Taxes: $9,313 (2024)
- Status: Closed
- Type: Apartment
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2014529
- Added to Site: 109 day(s) ago
Interior
- Interior Features: Water Softener
Parking
- Parking Features: No Parking
Location
- Municipality: Madison
- County: Dane
- Subdivision: Marquette
- Driving Directions: Williamson St to S Paterson St.
School Information
- School District: Madison
- Elementary School: Lapham/Marquette
- Middle School: Okeeffe
- High School: East
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Heat Pump
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
- Utility Description: Separate Electric Meters, Separate Gas Meters
Structural Information
- Description/Design: Apartment Building, 2 Stories
- Exterior Const.: Aluminum/Steel
- Basement Desc.: Full
- Year Built: 1898
Unit Information
- Units in Building: 3
Unit 1
- Square Feet: 868
- Bedrooms: 2
Unit 2
- Square Feet: 892
- Bedrooms: 2
Unit 3
- Bedrooms: 1
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: HIS-TL
Financial Considerations
- Tax Amount: $9,313
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Tenant's And Seller's Personal Property
- Inclusions: See Addendum R in MLS documents for inclusions
Listed by Lauer Realty Group, Inc.
Sold by EXP Realty, LLC
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Schools
Schools serving 411 Paterson St
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Lapham Elementary School 1045 East Dayton Street, Madison, WI 53703 | PK-2 | 0.5 mi |
Marquette Elementary School, Madison, WI 1501 Jenifer Street, Madison, WI 53703 | 3-5 | 0.7 mi |
O'keeffe Middle School 510 South Thornton Avenue, Madison, WI 53703 | 6-8 | 0.8 mi |
East High School, Madison, WI 2222 East Washington Avenue, Madison, WI 53704 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 411 Paterson St
Date
Details
Price
Change
Source
4/03/2026
Sold
$610,000
-3.86%
MLS
1/13/2026
Listed
$634,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
411 Paterson Street, Madison, WI 53703 (MLS# 2014529) is a Apartment property that was sold at $610,000 on April 03, 2026. Want to learn more about 411 Paterson Street? 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.

