405-413 S Park St

Madison, WI 53715

$1,200,000
Price
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Beds
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Baths
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Sq. Ft.
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per Sq. Ft.

Description

14,262 sq.ft. 3 parcel mixed use lot zoned TSS. 845 Vilas Ave was a prior city water well building with driveway access from Vilas Ave. 405 S. Park St. is a free standing commercial building with onsite site parking and additional income from the billboard with Adams Outdoor Advertising. 413 S. Park St. is currently leased out as a 5 bedroom apartment. This would be a great redevelopment site with great views of Lake Monona, any redevelopment would be subject to the city’s approval. This is an excellent...14,262 sq.ft. 3 parcel mixed use lot zoned TSS. 845 Vilas Ave was a prior city water well building with driveway access from Vilas Ave. 405 S. Park St. is a free standing commercial building with onsite site parking and additional income from the billboard with Adams Outdoor Advertising. 413 S. Park St. is currently leased out as a 5 bedroom apartment. This would be a great redevelopment site with great views of Lake Monona, any redevelopment would be subject to the city’s approval. This is an excellent location just 1 mile from downtown and the UW Campus.

Property Details for 405-413 South Park Street

Zoning
TSS
LISTING UPDATED: 10/03/2025 02:18 PM

Property Details for 405-413 South Park Street

StatusActive
MLS #2007778
Days on Market128
Taxes$19,263 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeBusiness/Comm / Apartment building
Year Built999
Lot Size0.33 AC / 14,244 SF
CountyDane County

Location

Listing Courtesy of Madison Property Management, Inc.
Add your commute

Building Information for 405-413 South Park Street

Stories-Residences-Year Built999Lot Size0.33 AC / 14,244 SF

Payment Calculator

$7,454 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,849

Property Taxes

$1,605

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 405-413 South Park Street

Summary
Location and General Information
  • C/T/V: City
  • County: Dane
  • County Qtr Section: West Metro Madison
  • Directions: Corner of W. Washington Ave. & S. Park St.
  • Location: Free standing, Residential area
  • Mailing City: Madison
  • Municipality: Madison
  • State: WI
  • Zip: 53715
Taxes and HOA Information
  • Net Taxes: $19,263.00
  • Parcel ID: 070923313020
  • Tax Year: 2024
Property
Property and Assessments
  • Class: Business/Comm
  • Improvements: 784800.0
  • Land Assess: $389,200.00
  • Total Assess: $1,174,000.00
  • Total Assess Year: 2025
  • Type: Apartment building
  • Year Built: 999
Lot Information
  • Estimated Total Acres: 0.327
  • Source of Est. Acres: Assessor
  • Source of Year Built: Assessor
Utilities
  • Fuel: Natural gas
  • Water/Waste: Municipal water, Municipal sewer
Interior and Exterior Features
Exterior Features
  • Exterior: Other
Interior Features
  • Items Included: 2 furnaces, 2 water heaters, 1 fridge, 1 stove
  • Items Excluded: tenants personal property
  • Basement: Other foundation
  • Heating/Cooling: Forced air
Multi Family
Income & Expenses Information
  • Net Operating Income: $0

Property History for 405-413 South Park Street

DateEvent & SourcePriceAppreciation
Sep 2, 2025

Price Change

SCWMLS #2007778

$1,300,000—
Sep 2, 2025

Listed (Active)

SCWMLS #2007778

$1,200,000—
DateEvent & SourcePrice
09/02/2025

Price Change

SCWMLS #2007778

$1,300,000
09/02/2025

Listed (Active)

SCWMLS #2007778

$1,200,000

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

Schools near 405-413 South Park 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
James Wright 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

James Wright 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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More information about 405-413 South Park Street, Madison, WI 53715

405-413 South Park Street is for sale in Madison, WI 53715. This property was listed for sale on September 2, 2025 by Madison Property Management, Inc., it's currently listed at $1,200,000. This listing's school district is Madison Metropolitan School District. Nearby schools include Franklin Elementary School, Hamilton Middle School and West High School. 405-413 South Park Street is a 0-bed, 0-bath, built in 999.

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 Madison Property Management, Inc.

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 10/03/2025 02:18 PM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2026 – WiREx. – All Rights Reserved