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$815,000
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Property Description
Solid two-flat investment property in the heart of campus housing! This classic multi-unit property has a flexible layout and is currently rented as a single house with one lease at $4,570 per month. Two parking spots are currently leased at $135 each per month. The 2026/27 lease is signed for $4,800 per month with one parking spot at $135 per month. Tenants pay their own gas, electrical and water utilities. The home features original wood floors and trim, and a new roof in 2022. Rented through 8/14/27. Driveway easement agreement on file.
Full Property Details
Full Property Details for 508 W Mifflin St
General
- Price: $815,000
- Taxes: $8,935 (2024)
- Status: Active
- Type: Multi-Family
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2018184
- Updated: 5/20/2026
- Added to Site: 73 day(s) ago
Parking
- Parking Features: 1 Space
Location
- Municipality: Madison
- County: Dane
- Driving Directions: W Washington to N Bedford to Mifflin
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
Structural Information
- Description/Design: 2 Flat Up and Down
- Exterior Const.: Vinyl
- Basement Desc.: Full
- Year Built: 1905
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 1158
- Bedrooms: 3
Unit 2
- Square Feet: 1158
- Bedrooms: 3
- Living Room: Upper Level, 14 x 13,
- Kitchen: 12 x 10,
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: Res
Financial Considerations
- Tax Amount: $8,935
- Tax Year: 2024
Disclosures and Reports
- Exclusions: window A/C units
- Inclusions: 2 refrigerators, 2 ranges, 2 dishwashers, washer & dryer
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Schools
Schools serving 508 W Mifflin St
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Franklin Elementary School, Madison, WI 305 West Lakeside Street, Madison, WI 53715 | PK-2 | 1.1 mi |
Randall Elementary School 1802 Regent Street, Madison, WI 53726 | 3-5 | 1.3 mi |
Hamilton Middle School, Madison, WI 4801 Waukesha Street, Madison, WI 53705 | 6-8 | 3.4 mi |
West High School, Madison, WI 30 Ash Street, Madison, WI 53726 | 9-12 | 1.7 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 508 W Mifflin St
Date
Details
Price
Change
Source
4/28/2026
Price Reduced
$815,000
-4.12%
MLS
3/27/2026
Price Reduced
$850,000
-5.56%
MLS
3/11/2026
Listed
$900,000
—
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 508 W Mifflin St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,935
3%
$505,600
7%
2022
$8,654
2%
$472,500
8%
2021
$8,464
3%
$437,500
10%
2021
$8,194
—
$397,700
8%
2020
$8,194
—
$368,200
—
2019
$8,226
5%
$368,200
5%
2018
$7,820
-4%
$350,700
—
2017
$8,163
2%
$350,700
6%
2016
$7,969
-1%
$331,000
—
2015
$8,022
5%
$331,000
5%
2014
$7,636
1%
$315,200
4%
2013
$7,557
—
$303,100
—
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 508 W Mifflin St
508-510 W Mifflin Street, Madison, WI 53703 (MLS# 2018184) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 508-510 W Mifflin Street is currently listed for $815,000 and was received on March 11, 2026. Want to learn more about 508-510 W Mifflin 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.

