OFF MARKET

Listed by Tim Flores • LPT Realty. Bought with Weichert, Realtors- Lakepoint.

Off market nov 2025 for $1M

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Est. refi paymentEst. refi $6,593/mo

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•

— ba

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sq ft

515 N Pinckney St, Madison, WI 53703

About this home

Public Remarks: Exceptional investment opportunity in Madison?s coveted Mansion Hill. This 7-unit apartment building features original hardwood floors, balconies, and thoughtfully designed layouts. Located steps from UW-Madison, the State Capitol, and Lake Mendota, it offers strong tenant demand and low vacancies in a high-growth rental market. Current below-market rents offer immediate cash flow with significant upside through strategic adjustments. Further value-add potential includes monetizing the detached garage for parking/storage. With robust 10% annual rent growth and limited supply of historic properties, this asset promises stable returns and long-term appreciation. Fully leased through July 2026 with $112k annual gross income.

Multi-familyProperty Type

1914Year Built

4,356 sq ftLot Size

1 car garageParking

Listed by Tim Flores • LPT Realty

Listed by Chris Martinez • LPT Realty

Bought with Jeffrey Cullen • Weichert, Realtors- Lakepoint

Redfin checked: 3 minutes ago

•Source:SCWMLS as distributed by WIREX #2008173

Redfin Estimate

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

Market trends in 53703, WI

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

98.7%

1.0% MoM

Median sale price

$460K

$103K MoM

Avg. days on market

56d

8 days MoM

Recently sold homes

12 MoM

New listings for sale

3D WALKTHROUGH
$6,250,000
— beds— baths— sq ft
219 N Frances St, Madison, WI 53703
Ryan Schmitz • The Hub Realty
$1,800,000
— beds— baths— sq ft
933 Spaight St, Madison, WI 53703
Ryan Schmitz • The Hub Realty
$585,000
3 beds1.5 baths1,609 sq ft
733 E Gorham St, Madison, WI 53703
Chris Barreau • MHB Real Estate
OPEN TODAY, 1PM TO 2:30PM
$499,900
2 beds1 bath1,259 sq ft
213 S Baldwin St, Madison, WI 53703
Lauren Stark • Sprinkman Real Estate
$329,900
2 beds1 bath976 sq ft
1128 E Dayton St, Madison, WI 53703
Alejandra Torres • Lauer Realty Group, Inc.
See all

Provided by Redfin

Sale history for 515 N Pinckney St

Year

Property tax

Land + Additions

Assessment*

2025

$17,065 (+5.6%)

$191,000 + $727,000

$918,000

2024

$16,168 (+37.1%)

$191,000 + $727,000

$918,000

2023

$11,793 (−12.4%)

$174,000 + $476,000

$650,000

2022

$13,469 (−3.2%)

$158,000 + $526,000

$684,000

2021

$13,910 (+5.2%)

$144,000 + $507,000

$651,000

2020

$13,224 (+4.6%)

$143,800 + $448,300

$592,100

2019

$12,645 (+5.2%)

$143,800 + $420,300

$564,100

2018

$12,018 (−3.5%)

$143,800 + $393,300

$537,100

2017

$12,451 (−1.5%)

$143,800 + $393,300

$537,100

2016

$12,641 (+12.4%)

$130,800 + $380,300

$511,100

2014

$11,243 (−3.5%)

$130,800 + $333,300

$464,100

2013

$11,656

$130,800 + $319,300

$450,100

Tax history for 515 N Pinckney St

Year

Property tax

Land + Additions

Assessment*

2025

$17,065 (+5.6%)

$191,000 + $727,000

$918,000

2024

$16,168 (+37.1%)

$191,000 + $727,000

$918,000

2023

$11,793 (−12.4%)

$174,000 + $476,000

$650,000

2022

$13,469 (−3.2%)

$158,000 + $526,000

$684,000

2021

$13,910 (+5.2%)

$144,000 + $507,000

$651,000

2020

$13,224 (+4.6%)

$143,800 + $448,300

$592,100

2019

$12,645 (+5.2%)

$143,800 + $420,300

$564,100

2018

$12,018 (−3.5%)

$143,800 + $393,300

$537,100

2017

$12,451 (−1.5%)

$143,800 + $393,300

$537,100

2016

$12,641 (+12.4%)

$130,800 + $380,300

$511,100

2014

$11,243 (−3.5%)

$130,800 + $333,300

$464,100

2013

$11,656

$130,800 + $319,300

$450,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

2.5

Lot width

41 ft.

Lot depth

103 ft.

Lot size

4,181 Sq. Ft.

Year renovated

1914

Sq. Ft.

3,490

Year built

1914

Style

Multi-Family (5+ Unit)

County

Dane County

APN

070914402072

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 30, 2026.

DR1

HISTORIC DISTRICT

Downtown Residential 1 District

These districts are intended to recognize historic Downtown neighborhoods comprised of predominantly residential uses with some non-residential uses. The districts are also intended to: Facilitate the preservation, development or redevelopment goals of the comprehensive plan and of adopted neighborhood, corridor or special area plans; Promote the preservation and conservation of historic buildings and districts while allowing selective infill and redevelopment based on the recommendations of adopted City plans; Ensure that new buildings and additions to existing buildings are designed with sensitivity to their context in terms of scale and rhythm, building placement, facade width, height and proportions, garage and driveway placement, landscaping and similar design features.

Zone overlays

Mansion Hill

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Fire house
Police station
Communications tower
Park & open space

Property details

Parking

Parking Information
Parking: Outside

Garage Information
# of Garage Parking Spaces (Total): 1
Garage: 1 Car, Detached

Interior

Interior Features
Water Softener

Room Information
Full, Walk Out/Outer Door, Finished, Poured Concrete

Multi-Unit Information
# of Units: 7

Unit 1 Information
Sq. Ft.: 360
# of Baths (1/2): 0
# of Baths (Full): 1
# of Bedrooms: 0

Unit 2 Information
Sq. Ft.: 625
# of Baths (1/2): 0
# of Baths (Full): 1
# of Bedrooms: 1

Unit 3 Information
Sq. Ft.: 675
# of Baths (Full): 1
# of Bedrooms: 1

Unit 4 Information
Sq. Ft.: 335
# of Bedrooms: 1
# of Baths (1/2): 0
# of Baths (Full): 1

Exterior

Building Information
Building Type: Apartment Building, 3+ Story
Stories: 3-4

Exterior
Exterior: Wood, Brick, Stucco

Property Information
Stories: 3-4
Multi-Family
Improvement Value: $727,000
Information Source Year Built: Assessor/Public Record

Property Features
Water Features: Waterview (No Frontage)

Lot Information
Lot Acreage: 0.1
Zoning: DR1 HIS-MH

Financial

Assessment Information
Land Assessment Value: $191,000
Total Assessment: $918,000

Tax Information
Total Taxes: $16,168
Tax Year: 2024

Utilities

Utility Information
Municipal Water, Municipal Sewer
Heating/Cooling: Radiant/Electric
Natural Gas

Location

Neighborhood Information
Municipality: MADISON
Municipality Type: City

School Information
School District: Madison
Elementary School: Lapham/Marquette
Middle School: Okeeffe
High School: East

Public facts

Beds: 4
Baths: 7.0
Sq. Ft.: 3,490
Stories: 2.5
Lot Size: 4,181 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1914
Year Renovated: 1914
County: Dane County
APN: 070914402072

Home facts updated by county records on Oct 30, 2026

Other

Listing Information
SaleType: Arms Length
Inclusions: 7 refrigerators; 7 stoves; 1 washing machine; 1 dryer
Exclusions: Tenants' personal property.

Around this home

Schools

K - 12
Preschool & daycare

Lapham Elementary School

Public PreK-2 • Assigned • 0.9mi

O'keeffe Middle School

Public 6-8 • Assigned • 1.6mi

8/10

East High School

Public 9-12 • Assigned • 2.1mi

8/10

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 100° expected this year, 13 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 • 53703

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?

Track this home’s value and nearby sales activity

Nearby similar homes

3D WALKTHROUGH

$6,250,000

— beds— baths— sq ft

219 N Frances St, Madison, WI 53703

All brick • Updated exterior • Remodeled units

Ryan Schmitz • The Hub Realty

$999,900

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Jim Stopple • Madison Property Management, Inc.

$775,000

4 beds4 baths— sq ft

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Front porch • 4 parking spaces • 4,356 sq ft lot

Jim Stopple • Madison Property Management, Inc.

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4,356 sq ft lot • Built 1924 • Listed 40 days

Dan Bertelson • RE/MAX Preferred

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Block from st mary's • Block from arboretum • Few blocks from zoo

Trent Halverson • Stark Company, REALTORS

New listings for sale in 53703

3D WALKTHROUGH

$6,250,000

— beds— baths— sq ft

219 N Frances St, Madison, WI 53703

All brick • Updated exterior • Remodeled units

Ryan Schmitz • The Hub Realty

$1,800,000

— beds— baths— sq ft

933 Spaight St, Madison, WI 53703

Lake monona • Double deep lot • Important updates

Ryan Schmitz • The Hub Realty

$585,000

3 beds1.5 baths1,609 sq ft

733 E Gorham St, Madison, WI 53703

Lake views • Hardwood floors • Remodeled kitchen

Chris Barreau • MHB Real Estate

OPEN TODAY, 1PM TO 2:30PM

$499,900

2 beds1 bath1,259 sq ft

213 S Baldwin St, Madison, WI 53703

Capitol views • Private yard • Brand new roof

Lauren Stark • Sprinkman Real Estate

$329,900

2 beds1 bath976 sq ft

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2,613 sq ft lot • Built 1901 • Listed 9 days

Alejandra Torres • Lauer Realty Group, Inc.

Home values near 515 N Pinckney St

Data from public records.

Address	Redfin Estimate
519 North Pinckney St Apt A, Madison, WI 1 Beds \| 1 Baths \| 951 Sq. Ft.	$366,759
519 North Pinckney St Apt C, Madison, WI 2 Beds \| 1 Baths \| 1040 Sq. Ft.	$405,341
516 North Pinckney St, Madison, WI 4 Beds \| 3 Baths \| 2558 Sq. Ft.	$758,426
531 North Pinckney St Apt E, Madison, WI 3 Beds \| 3.5 Baths \| 3180 Sq. Ft.	$2,095,170
529 North Pinckney St, Madison, WI - Beds \| - Baths \| 2730 Sq. Ft.	—

Address	Redfin Estimate
519 North Pinckney St Apt B, Madison, WI - Beds \| 1.5 Baths \| 1656 Sq. Ft.	$585,498
531 North Pinckney St Apt D, Madison, WI 3 Beds \| 3.5 Baths \| 3400 Sq. Ft.	$1,636,898
520 North Pinckney St, Madison, WI 7 Beds \| 6.5 Baths \| 4447 Sq. Ft.	—
531 North Pinckney St Apt F, Madison, WI 2 Beds \| 2.5 Baths \| 2672 Sq. Ft.	$1,389,451
111 East Gilman St, Madison, WI 4 Beds \| 3 Baths \| - Sq. Ft.	—

Address	Redfin Estimate
519 North Pinckney St Apt D, Madison, WI 2 Beds \| 1 Baths \| 1243 Sq. Ft.	$405,892
531 North Pinckney St Apt A, Madison, WI 2 Beds \| 3 Baths \| 2234 Sq. Ft.	$1,286,059
519 North Pinckney St Apt E, Madison, WI 2 Beds \| 2 Baths \| 1614 Sq. Ft.	$573,674
423 North Pinckney St, Madison, WI - Beds \| - Baths \| - Sq. Ft.	—
111 East Gilman St Apt 1, Madison, WI 3 Beds \| 3 Baths \| - Sq. Ft.	$700,969

Property information provided by SCWMLS as distributed by WIREX when last listed in 2025. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 53703, WI

Sale history for 515 N Pinckney St

Tax history for 515 N Pinckney St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 53703

Home values near 515 N Pinckney St

More real estate resources