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$634,500 Just Listed
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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
Full Property Details
Full Property Details for 411 S Paterson St
General
- Price: $634,500
- Taxes: $9,313 (2024)
- Status: Active
- Type: Apartment
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2014529
- Updated: 1/13/2026
- Added to Site: 3 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.
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Schools
Schools serving 411 S 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 411 S Paterson St
Date
Details
Price
Change
Source
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.
Tax History
Tax History for 411 S Paterson St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,313
—
$530,800
7%
2022
$9,278
-3%
$496,100
5%
2021
$9,589
7%
$472,500
5%
2021
$8,953
—
$450,000
12%
2020
$8,953
5%
$402,000
5%
2019
$8,558
5%
$382,900
5%
2018
$8,135
6%
$364,700
10%
2017
$7,655
-3%
$331,500
—
2016
$7,867
-1%
$331,500
—
2015
$7,949
4%
$331,500
5%
2014
$7,648
1%
$315,700
3%
2013
$7,549
—
$306,500
—
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 411 S Paterson St
411 S Paterson Street, Madison, WI 53703 (MLS# 2014529) is a Apartment property with 0 bedrooms and 0 full bathrooms. 411 S Paterson Street is currently listed for $634,500 and was received on January 13, 2026. Want to learn more about 411 S 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.

