Listed by Eric Castleberg • Keller Williams Realty. Bought with Keller Williams Realty.
Off market jan 2016 for $540K
$1,038,690
Est. refi paymentEst. refi$2,343/mo
6
bd
•
2 ba
•
3,662
sq ft
151 Lathrop St, Madison, WI 53726
About this home
Public Remarks: Rare opportunity to own this campus rental. Keep as is, or buy and take advantage of the great location around the corner from Camp Randle and the west side of campus. Increase the rental income by taking advantage of the off street parking spaces that have not been rented to the current tenants. There is room to expand into the third floor attic space. It would be a great space to add bedrooms to the second floor unit or make into a beautiful owners unit master suite.
Multi-familyProperty Type
1923Year Built
4,186 sq ftLot Size
$284Est. Price/Sq.Ft.
2 spacesParking
Listed by Eric Castleberg• Keller Williams Realty
Bought with Eric Castleberg• Keller Williams Realty
Source:SCWMLS as distributed by WIREX #1677584
Redfin Estimate
$1,038,690
$499K since sold in January 2016
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 5.5% higher than the average sale price ($984K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
TR-V1
HISTORIC DISTRICT
TOD
Traditional Residential-Varied 1 District
The TR-V Districts are established to stabilize, protect and encourage throughout the City the essential characteristics of mature residential areas and to accommodate a full range of life-cycle housing while encouraging a suitable environment for family life. The districts are also intended to: Promote the preservation, development and redevelopment of traditional residential neighborhoods in a manner consistent with their distinct form and residential character; Ensure that new buildings and additions to existing buildings are designed with sensitivity to their context in terms of building placement, facade width, height and proportions, garage and driveway placement, landscaping, and similar design features; Maintain and improve the viability of existing housing of all types, while providing for updating of older housing in a context-sensitive manner; Maintain or increase compatibility between residential and other allowed uses, and between different housing types, where permitted, by maintaining consistent building orientation and parking placement and screening; Facilitate the preservation, development or redevelopment goals of the comprehensive plan and of adopted neighborhood, corridor or special area plans.
Zone overlays
University Heights
Transit Oriented Development Overlay District
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Retail-Grocery
Housing-Group
Housing-Single unit
Housing-Multiple units
Fire house
Police station
Communications tower
Park & open space
Jan 9, 2020 • Final
Repair or replace plumbing
Remove and replace a water heater.
Plumbing
Water heater
May 1, 2015 • Final
Repair or replace electrical
Perform a remodel of a bedroom.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 1,344
Basement Finish: Finished
Basement Type: Finished
Bathroom Information
# of Full Baths: 2
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Stone
Building Construction Quality: Below Average
Exterior Wall: Aluminum/Vinyl
Roof Covering Type: Asphalt
Roof Shape Type: Asphalt
Building Type: Flat
Property Information
Subdivision Name: MENGES REPLAT/PART/RANDALL PARK
Living Sq. Ft: 3,662
Ground Floor Sq. Ft: 1,344
Building Sq. Ft: 4,412
# of Units: 3
# of Stories: 2.5
Legal Description: MENGES REPLAT OF PART OF RANDALL PARK, BLK 1, LOT 1.
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 260
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 4,186
Legal Lot Number: 1
Legal Block Number: 1
Municipality Name: CITY OF MADISON
Acres: 0.0961
Depth Footage: 104.64
Front Footage: 40
County Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 6
Baths: 2.0
Sq. Ft.: 3,662
Stories: 2.5
Lot Size: 4,186 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1923
Year Renovated: 1923
County: Dane County
APN: 070922222024
Home facts updated by county records on Oct 30, 2026
Around this home
Schools
K - 12
Preschool & daycare
Randall Elementary School
Public 3-5 • Assigned • 0.2mi
9/10
Hamilton Middle School
Public 6-8 • Assigned • 2.3mi
8/10
West High School
Public 9-12 • Assigned • 0.6mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Madison, WI • 53726
Average low and high temperatures (°F)
26°
12°
34°
19°
52°
32°
60°
42°
70°
50°
80°
62°
84°
68°
79°
63°
76°
58°
64°
48°
47°
35°
32°
19°
Jan
Feb
Mar
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Aug
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Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 3.5 hours in December, placing it below the
U.S. average for solar exposure.