OFF MARKET

Listed by Carlos Alvarado • The Alvarado Group, Inc. Bought with Plato Commercial Real Estate, LLC.

Off Market Jul 2023 for $890K

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•

— ba

•

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sq ft

505 Cottage Grove Rd, Madison, WI 53716

About this home

Public Remarks: This is a great opportunity to start an income property portfolio with these 4 residential two bedrooms and 2 commercial units. Located on the East side of Madison near Monona with easy access to main roads. Recently renovated, each residential unit has two bedrooms, one bathroom, and a combined dining and living room. Sellers installed new laminate floors, kitchen, and bathroom cabinets in all the units in 2021. The roof was replaced in 2021. Plenty of parking. The property generates great income and is easy to rent. The financials spreadsheet is available upon request.

Multi-familyProperty Type

1973Year Built

10,454 sq ftLot Size

Listed by Carlos Alvarado • The Alvarado Group, Inc

Bought with Kent Yan • Plato Commercial Real Estate, LLC

Redfin checked: a minute ago

•Source:SCWMLS as distributed by WIREX #1945836

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 53716, WI

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.8%

1.1% MoM

Median sale price

$426K

$5K MoM

Avg. days on market

46d

7 days MoM

Recently sold homes

11 MoM

New listings for sale

NEW 29 HRS AGO
$449,900
3 beds3 baths2,664 sq ft
1816 Dondee Rd, Madison, WI 53716
Chris Alexander • NextHome Midwest
$500,000
3 beds2 baths1,638 sq ft
414 Woody Ln, Monona, WI 53716
The Lavik Home Team • EXP Realty, LLC
$429,900
3 beds1.5 baths1,917 sq ft
14 Eldon Ct, Madison, WI 53716
John Hamner • Hamner Real Estate Group
See all

Provided by Redfin

Sale history for 505 Cottage Grove Rd

This is a new listing, so no sales records exist yet. As the MLS and public records start to fill up, we'll list the details here.

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

10,454

Year renovated

2024

Sq. Ft.

—

Year built

1973

Style

Multi-Family (5+ Unit)

County

Dane County

APN

071009301187

Parking Spaces

—

Basement

Accessible

HOA Dues

—

Garage

Features

—

Last updated by owner on Aug 7, 2026.

CC-T

TOD

Commercial Corridor - Transitional District

The CC-T District is established to recognize the many commercial corridors within the City that remain largely auto-oriented, and to encourage their transformation into mixed-use corridors that are equally conducive to pedestrian, bicycle, transit and motor vehicle activity. The district is also intended to: Improve the quality of landscaping, site design and urban design along these corridors; Maintain the viability of existing residential uses located along predominantly commercial corridors; Encourage appropriate transitions between higher-intensity uses along commercial corridors and adjacent lower-density residential districts; Facilitate preservation development or redevelopment consistent with the adopted goals, objectives, policies, and recommendations of the Comprehensive Plan and of adopted neighborhood, corridor or special area plans; Structured parking is encouraged.

Zone overlays

Transit Oriented Development Overlay District

Permitted uses

Include but are not limited to:

Laundromat
General retail
Restaurant
Tavern/ bar/ nightclub/ micro-Brewery
Housing-Multiple units
Hotel / motel
Mixed use
Office
Post office
Veterinary clinic

Property details

Parking

Parking Information
Parking: Outside

Interior

Interior Features
Water Softener, High Speed Internet

Room Information
None/Slab

Multi-Unit Information
# of Units: 6

Unit 1 Information
Sq. Ft.: 771
# of Baths (1/2): 0
# of Baths (Full): 1
# of Bedrooms: 2

Unit 2 Information
Sq. Ft.: 771
# of Baths (1/2): 0
# of Baths (Full): 1
# of Bedrooms: 2
Master Bedroom Dimensions: 12 x 11
Bedroom 2 Dimensions: 12 x 12
Living/Great Room Dimensions: 12 x 12
Kitchen Dimensions: 12 x 10
Dining Room Dimensions: 12 x 18

Unit 3 Information
# of Baths (Full): 1
# of Bedrooms: 2

Unit 4 Information
# of Bedrooms: 2
# of Baths (1/2): 0
# of Baths (Full): 1

Exterior

Building Information
Building Type: Apartment Building

Exterior
Exterior: Vinyl, Wood, Brick, Stucco

Property Information
Multi-Family
Information Source Year Built: Assessor/Public Record

Lot Information
Lot Acreage: 0.24
Zoning: CC-T

Financial

Tax Information
Total Taxes: $14,791
Tax Year: 2021

Utilities

Utility Information
Municipal Water, Municipal Sewer
Heating/Cooling: Forced Air
Natural Gas

Location

Neighborhood Information
Municipality: MADISON
Municipality Type: City

School Information
School District: Madison
Elementary School: Allis
Middle School: Sennett
High School: Lafollette

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Parking Spaces: —
Basement: No
Accessible: No
Lot Size: 10,454 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1973
Year Renovated: 2024
County: Dane County
APN: 071009301187
HOA Dues: —
Garage: No
Features: —

Home facts updated by owner on Aug 7, 2026

Other

Listing Information
SaleType: Arms Length
Inclusions: 4 refrigerators, 4 range/stoves, 4 disposals, 4 microwaves, 4 dishwashers, water softener, coin operated washer & dryer
Exclusions: tenants' and sellers' personal property. Main floor washer & dryer.

Around this home

Schools

Southside Elementary School

Public PreK-5 • Assigned • 4.3mi

4/10

Sennett Middle School

Public 6-8 • Assigned • 1.4mi

5/10

Lafollette High School

Public 9-12 • Assigned • 1.4mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Madison, WI • 53716

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

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.

9.8 hrs

3.5 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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New listings for sale in 53716

NEW 29 HRS AGO

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Home values near 505 Cottage Grove Rd

Data from public records.

Address	Redfin Estimate
401 Cottage Grove Road #4, Madison, WI 8 Beds \| 4 Baths \| - Sq. Ft.	$632,927
409 Cottage Grove Road, Madison, WI 8 Beds \| 4 Baths \| - Sq. Ft.	$675,781

Address	Redfin Estimate
401 Cottage Grove Road, Madison, WI 8 Beds \| 4 Baths \| 3600 Sq. Ft.	$696,304
508 Davidson Street, Madison, WI 3 Beds \| 2.5 Baths \| 2877 Sq. Ft.	$581,334

Address	Redfin Estimate
405 Cottage Grove Road, Madison, WI 8 Beds \| 4 Baths \| 3600 Sq. Ft.	$687,902
514 Davidson Street, Madison, WI 3 Beds \| 1 Baths \| 1590 Sq. Ft.	$410,930

Property information provided by SCWMLS as distributed by WIREX when last listed in 2022. This data may not show owner updates. Learn more.

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