4650 Hayes Road, Madison, WI 53704

Local realty services provided by:ERA MyPro Realty
Listed by:seth pfaehler
Office:the mcgrady group, llc.
MLS#:2002933
Source:Metro MLS
4650 Hayes Road,Madison, WI 53704
$700,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$700,000

About this home

This fully leased 4-unit apartment building offers steady cash flow and well-maintained living spaces. Built in 1986, each of the four 2-bedroom, 1-bath units features a private 1-car garage and separate utility metering. The property is subject to an affordability covenant requiring all units be rented to low- to moderate-income households at or below 80% of area income limits, based on HUD?s Small Area Fair Market Rent (SAFMR) guidelines for Dane County, effective through October 2025. Roof replaced ? 2011, Energy efficiency improvements ? October 2022: Blower door test, Attic air sealing & additional insulation, Bathroom vent fans replaced.

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Home facts

  • Year built:1986
  • Listing ID #:2002933
  • Added:92 day(s) ago
  • Updated:August 26, 2025 at 03:08 PM

Heating and cooling

  • Heating:Electric, Radiant/Electric

Structure and exterior

  • Year built:1986
  • Lot area:0.28 Acres

Schools

  • High school:East
  • Middle school:Sherman
  • Elementary school:Sandburg

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$700,000
  • Tax amount:$9,325 (2023)
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