For Sale143d on market
816 Melvin Court
Madison, WI, 53704 • Carpenter-Ridgeway • Dane County
$350,000
$206/sqft
Down payment assistance available
4Beds
2Baths
1,700Sqft
0.13 acLot
1955Built
Property DNA
Burke Assessor's Plat No. 1
Carpenter-Ridgeway
2-Car Garage
2 Car · Outside
This home is getting attention
Listed 143 days ago · 2,046 views · 65 saves
Market activity
Demand and pricing signals for this listing
2,046 views
People checking out this listing
65 saves
Buyers have saved this home
143 days on market
Established listing
$206/sqft
Price per square foot
About this home
Multi Family · Built 1955
Tired of staring at those sad, Frankenstein'd old houses turned into multifamily mishmashes? Buckle up, because here's the magic phrase that'll make your real estate heart skip a beat: TWO-FLAT FOR SALE IN MADISON! Whether you're an owner-occupant dreaming of your perfect pad or a savvy investor plotting your empire, this is a great fit. Both units will be delivered vacant. No awkward tenant tango or move-out drama. Yes, this one needs work, and now is the time to roll up your sleeves and build equity the old fashioned way. Don't forget about the large detached garage, which makes this an ideal opportunity for an owner that is stoked to offer a superior product and maximize income. This isn't just a property?it's your ticket to finally get in the game! Grab it before it's gone.
Estimated monthly payment
Based on current rates
$2,197/month
Principal & Interest$1,730
Property Tax$350
Insurance$117
Down payment20% ($70,000)
3%50%
Est. 6.28% rate · 30yr fixed · $280,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1955
HeatingNatural Gas, Radiant/Electric
Parking2 Garage spaces
Days on Zillow143 Days
Price/sqft$206
Property
Home typeMulti Family
Sub-typeMulti Family
Condition21+ Years
Year built1955
Stories2
Systems
HeatingNatural Gas, Radiant/Electric
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
Parking2 Car, Outside
Garage2 spaces
BasementConcrete
Lot5,662 sqft
Location & Tax
NeighborhoodCarpenter-Ridgeway
ZoningSR-V1
Annual tax$5,089
Parcel081032304032
Bathrooms & Fees
Full baths2
Features & details
3 categories of property features
Interior Features
Heating
Natural Gas
Radiant/Electric
Exterior Features
Parking
2 Car
Outside
Construction
Vinyl Siding
Listing insights
Market data and value estimates
StatusFor Sale
Days on market143
Est. value$354,500
Est. rent$1,840/mo
Tax rate1.48%
Price/sqft$206
On marketNov 18, 2025
PostedNov 18, 2025
Last sold$300,000
MLS statusActive
MLS updatedMar 14, 2026
Tour days9
Views2,046
Favorites65
How are the schools in Madison?
3 schools rated nearby
Location
Madison, WI, 53704
Price history
4 events
DateEventPrice$/sqftSource
Mar 14, 2026Listed For Sale$350,000$206WIREX MLS
Jan 21, 2026Contingent$350,000$206WIREX MLS
Nov 18, 2025Listed For Sale$350,000$206WIREX MLS
May 30, 2025Sold$300,000$176Public Record
Listed For Sale$350,000
Mar 14, 2026•$206/sqft•WIREX MLS
Contingent$350,000
Jan 21, 2026•$206/sqft•WIREX MLS
Listed For Sale$350,000
Nov 18, 2025•$206/sqft•WIREX MLS
Sold$300,000
May 30, 2025•$176/sqft•Public Record
Tax history
24 years of records
YearTax paidAssessed value
Apr 10, 2024$5,720$292,200
Apr 10, 2023$5,555$275,700
Apr 10, 2022—$250,600
Apr 10, 2021—$227,800
Apr 10, 2020—$207,100
Apr 10, 2019$4,363$197,200
Apr 10, 2018$4,363$197,200
Apr 10, 2017$4,104$179,300
Apr 10, 2016$3,716$163,000
Apr 10, 2014$4,094$172,200
Apr 10, 2013$3,739$165,600
Apr 10, 2012$3,932$165,600
Apr 10, 2011$3,739$165,600
Apr 10, 2010$3,722$170,700
Apr 10, 2009$3,624$179,700
Apr 10, 2008$3,569$185,300
Apr 10, 2007$3,640$185,300
Apr 10, 2006$3,651$185,300
Apr 10, 2005$3,633$174,800
Apr 10, 2004$3,668$164,900
Apr 10, 2003$3,306$164,900
Apr 10, 2002$3,074$135,000
Apr 10, 2001$2,960$124,200
Apr 10, 2000$2,968$120,600
Nearby homes
Neighborhood details
Local context around this listing
Madison, WI • Dane County
Nearby neighborhoods
CapitolHill Farms, University NeighborhMarquetteMcClellan ParkMidvale Heights CommunityRegentSchenk-AtwoodSouth CampusState-LangdonTenney-Lapham
Nearby cities
Cottage GroveFitchburgMadisonMiddletonMononaOregonSun PrairieVerona
Nearby zip codes
53703537045370553711537135371453716537175371853719
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