Great opportunity in a prime Madison location on Dane Street! This well-situated property offers excellent potential for investors or owner-occupants. The upper unit is currently rented, providing immediate rental income, while the property still offers flexibility for future use. Located near downtown, parks, restaurants, and major amenities, this property combines strong location value with income potential. Whether you are looking to expand your investment portfolio or live in one unit while generating rental income from the other, this is a fantastic opportunity in a highly desirable area. Live in one side while the upper unit is being rented out for another year for $1,200/month
Burr Oaks, located between Park Street and Fish Hatchery Road, is a residential and industrial Madison neighborhood with compact mid-century blocks and a working-edge streetscape. The neighborhood’s character concentrates around the Park St–W Beltline Frontage Rd area, where auto shops, small storefronts, and steady commuter traffic set a practical tone. The Thirsty Goat, The VFW Post 1318, and the Alliant Energy Center anchor local routines and event nights. Housing trends toward modest ranches and duplexes with mature trees and straightforward yards. Side streets stay quiet while the Beltline and rail corridors shape the soundscape. Green breaks appear at Penn Park and along the Cannonball Path.
Provided by Walk Score and Local Logic
Offer insights
846 Dane St · $350,000
$350K and above
75% chance or better to win
Why $350K+ is a strong offer
DAYS ON MARKET
176 days
The average home goes pending in 54 days.
SALE-TO-LIST
99.8%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Full basement
Bathrooms
2 full bathrooms
Kitchen
Microwave
Oven
Range
Refrigerator
Laundry & utility
Dryer
Heating & cooling
Heat pump
Natural gas heating
Exterior features
Vinyl exterior
Lot under 1/2 acre (0.14 acre)
Residential zoning
Home design
Two-story single-family home
Parking
Detached garage
Utilities
Municipal water
Municipal sewer
Other
Appliances and window treatments included
Electricity and solar
View estimated energy costs and solar savings for this home
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.
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, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Madison, WI • 53713
Average low and high temperatures (°F)
26
12
34
19
51
32
60
42
69
49
79
62
82
67
78
63
77
58
65
48
47
35
32
19
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 846 Dane St
$338,637
$11K under list price of $350K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $250K to $606K.