116-118 Proudfit St

Madison, WI 53715

$695,000
Price
5
Beds
2,186 Sq. Ft.
$318 / Sq. Ft.
2,186
Sq. Ft.
$318
per Sq. Ft.
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Offer - No Show
Offer - No Show

Description

Rare opportunity to own a well-maintained two-flat in one of downtown Madison’s most desirable rental locations. Just minutes from the Capitol Square, UW–Madison, Brittingham Park, and Lake Monona, this property offers strong investment appeal in a consistently high-demand area. The spacious upper unit features 3 bedrooms, while the oversized lower 2-bedroom unit offers excellent layout flexibility and potential for a future 3-bedroom conversion. Both units have seen thoughtful updates over time,...Rare opportunity to own a well-maintained two-flat in one of downtown Madison’s most desirable rental locations. Just minutes from the Capitol Square, UW–Madison, Brittingham Park, and Lake Monona, this property offers strong investment appeal in a consistently high-demand area. The spacious upper unit features 3 bedrooms, while the oversized lower 2-bedroom unit offers excellent layout flexibility and potential for a future 3-bedroom conversion. Both units have seen thoughtful updates over time, including newer windows, refreshed kitchen finishes, and the addition of a dishwasher. Rear parking is a major bonus, highlighted by two covered garage spaces. Seller would prefer to sell in conjunction with neighboring property, see 112-114 Proudfit listing.
  1. Listed by Matt Lindholm • Bruner Realty & Management • Pref: 608-333-5301

Property Details for 116-118 Proudfit Street

Zoning
TR-C4
LISTING UPDATED: 05/18/2026 08:50 AM

Property Details for 116-118 Proudfit Street

StatusOffer - No Show
MLS #2023081
Days on Market3
Taxes$10,262 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / 2 story
Year Built1925
Lot Size0.13 AC / 5,445 SF
CountyDane County
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Location

Listing Courtesy of Bruner Realty & Management
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Building Information for 116-118 Proudfit Street

Stories-Residences2Year Built1925Building Size-Lot Size0.13 AC / 5,445 SF

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$4,318 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,463

Property Taxes

$855

HOA Dues

$0

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Property Information for 116-118 Proudfit Street

Summary
Location and General Information
  • C/T/V: City
  • County: Dane
  • County Qtr Section: West Metro Madison
  • Directions: Just East of Regent Street / W. Washington intersection, property on your right
  • Location: MADISON - C W01
  • Mailing City: Madison
  • Municipality: Madison
  • State: WI
  • Zip: 53715
Parking
  • Park/Unit: 2 stall garage, Detached
  • Parking Spaces Outside: 2
  • Parking Stalls Inside: 2
School Information
  • Elementary: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison
Taxes and HOA Information
  • Net Taxes: $10,262.00
  • Parcel ID: 070923408483
  • Tax Year: 2025
Property
Property and Assessments
  • Class: Multi Family
  • Improvements: 397600
  • Land Assess: $185,200.00
  • Legal Documents: Lease(s) on file
  • Miscellaneous: Shared laundry, Close to bus line
  • Total Assess: $582,800.00
  • Total Assess Year: 2026
  • Type: 2 story, 2 flat-up and down
  • Year Built: 1925
Lot Information
  • Estimated Total Acres: 0.125
  • Source of Est. Acres: Assessor
  • Source of Year Built: Assessor
Utilities
  • Utilities: Separate elec meters, Separate gas meters
  • Water/Waste: Municipal water, Municipal sewer
Interior and Exterior Features
Exterior Features
  • Exterior: Wood
Interior Features
  • Items Included: All appliances
  • Items Excluded: Tenant personal items
  • Number of Dish Washers: 2
  • Number of Dryers: 1
  • Number of Furnaces: 2
  • Number of Stoves: 2
  • Number of Refrigerators: 2
  • Number of Washers: 1
  • Number of Water Heaters: 2
  • Number of Water Softeners: 0
  • Basement: Full, Laundry facilities, Unfinished
  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Number of Efficiencies: 0
Room Information
Bedrooms
  • Number of 1 Bedrooms: 0
  • Number of 2 Bedrooms: 1
  • Number of 3+ Bedrooms: 1
Multi Family
Unit Information
  • Number of Units w/AC: 0
  • Number of Units: 2
Income & Expenses Information
  • Total Income: $56,580
Unit 1
  • U1 Landlord Pays Heat: No
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Water/Sewer: Yes
  • Unit 1: Family/Rec rm,Dining room,Balcony/patio,Range/oven,Refrigerator,Dishwasher,Washer/dryer,Individual heat control,Wood or sim. wood floor,Shared basement
  • U1 Parking: 1 Car Garage
  • U1 Number of Bedrooms: 2
  • U1 Full Baths: 1
  • U1 Half Baths: 0
  • U1 SqFt: 1093
  • Unit 1 Living/Great Room Level: M
  • Unit 1 Primary BedRoom Level: M
  • Unit 1 Kitchen Dimensions: 1x1
  • Unit 1 Living/Great Room Dimensions: 1x1
  • Unit 1 Primary BedRoom Dimensions: 1x1
Unit 2
  • U2 Landlord Pays Heat: No
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Water/Sewer: Yes
  • Unit 2: Family/Rec rm,Dining room,Balcony/patio,Range/oven,Refrigerator,Dishwasher,Washer/dryer,Wood or sim. wood floor,Individual heat control,Shared basement
  • U2 Parking: 1 Car Garage
  • U2 Number of Bedrooms: 3
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 SqFt: 1093

Property History for 116-118 Proudfit Street

DateEvent & SourcePriceAppreciation
May 15, 2026

Pending

SCWMLS #2023081

—
May 12, 2026

Listed (Active)

SCWMLS #2023081

$695,000—
Apr 5, 2024

Sold

SCWMLS #1971905

—
DateEvent & SourcePrice
05/15/2026

Pending

SCWMLS #2023081

—
05/12/2026

Listed (Active)

SCWMLS #2023081

$695,000
04/05/2024

Sold

SCWMLS #1971905

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 116-118 Proudfit Street

This home is within Madison Metropolitan School District.
Rating
School
Type
Grades
Distance
Franklin Elementary School
Public - PK to 2
Hamilton Middle School
Public - 6 to 8
West High School
Public - 9 to 12
Jefferson Middle School
Public - 6 to 8
Rating
School
Distance
Franklin Elementary School
PublicPK to 2

Hamilton Middle School
Public6 to 8

West High School
Public9 to 12

Jefferson Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bruner Realty & Management

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 05/18/2026 08:50 AM Listing presented by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. Compass · Tel: 212-913-9058 · New York, NY Information is supplied by seller and other third parties and has not been verified. Copyright 2026 – WiREx. – All Rights Reserved