516 E  Madison Ave, Milton, WI 53563
OFF MARKET

516 E Madison Ave
Milton, WI 53563

  • 4 Beds
  • 2 Baths
  • 2,072 sqft (on 0.48 acres)

$253,300

Trulia Estimate
as of May 16, 2026
Est. Refi. Payment $1,630/mo*

$253,300

Trulia Estimate
as of May 16, 2026
Est. Refi. Payment $1,630/mo*
4 Beds
2 Baths
2,072 sqft
(on 0.48 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

ATTENTION INVESTORS, Check out this great multi family property!
2~flat duplex situated on a huge lot with plenty of parking and space for future garage. Excellent opportunity for owner occupied or investor. Utilities and water are all on separate meters. Many recent updates. Both units have spacious eat in kitchens plus their own laundry rooms.
Great Milton School district located on East Madison Ave.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
Porch, Patio, Deck
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 516 E Madison Ave

Interior Features

Interior Details
BasementAdditional StorageTypes of Rooms: Walk In ClosetStorage
Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Linoleum Vinyl
Appliances & Utilities
DishwasherRefrigerator

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: VinylLawnPatioPorch
Parking & Garage
Parking Spaces: 6Parking: Off Street

Property Information

Year Built
Year Built: 1880
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 2

Lot Information

Lot Area: 0.48 acres

Mobile R/V

RV Parking
Rv Parking

Price History for 516 E Madison Ave

DatePriceEventSource
09/24/2021$140,000Sold
WIREX MLS #1916201
08/26/2021$159,500PendingWIREX MLS #1917177
08/10/2021$159,500PriceChange
WIREX MLS #1916201
08/02/2021$164,500Listed For SaleWIREX MLS #1916201
03/12/2019$122,500Sold
N/A
01/04/2019$119,500PriceChange
Agent Provided
10/18/2018$125,000Listed For SaleAgent Provided
06/06/2018$119,900ListingRemovedAgent Provided
04/09/2018$119,900PriceChange
Agent Provided
12/06/2017$124,900Listed For SaleAgent Provided
07/03/2006$98,000Sold
N/A
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Property Tax and Assessment

Year2024
Tax$2,493
Assessment$154,000
Home facts updated by county records

Comparable Sales for 516 E Madison Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.60
Multi-Family Home
$300,000
07/11/25
4
2
1,600
0.83
Multi-Family Home
$260,000
03/03/26
4
2
-
0.95
Multi-Family Home
$412,500
09/12/25
6
3
2,400
5.65
Multi-Family Home
$310,000
08/01/25
4
2
1,768
5.80
Multi-Family Home
$250,000
02/06/26
4
2
1,836
5.94
Multi-Family Home
$289,000
03/30/26
4
2
1,768
5.85
Multi-Family Home
$418,000
12/10/25
4
2.5
2,334
6.04
Multi-Family Home
$320,000
03/13/26
4
2
2,736
5.30
Multi-Family Home
$705,000
06/27/25
8
8
5,936
6.34
Multi-Family Home
$260,000
03/03/26
7
2
1,920

Assigned Schools

These are the assigned schools for 516 E Madison Ave.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Milton

At least 36 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 91 % Say car is needed

  • 85 % Say yards are well-kept

  • 84 % Say kids play outside

  • 81 % Say people would walk alone at night

  • 76 % Say it's dog friendly

  • 75 % Say there's holiday spirit

  • 68 % Say it's quiet

  • 61 % Say neighbors are friendly

  • 61 % Say there's wildlife

  • 58 % Say streets are well-lit

  • 53 % Say they plan to stay for at least 5 years

  • 52 % Say there are community events

  • 49 % Say there are sidewalks

  • 40 % Say it's walkable to restaurants

  • 37 % Say it's walkable to grocery stores

Learn more about our methodology.
  • Sally J.
    "Neighbors are very friendly. Most homes are very neat and tidy. Annual chicken bbq in the park. Splash park for kids. New Veterans Memorial and playground. "
  • Stephanyjones25
    "Milton has a huge dog park with two different areas. Owners are always out walking their dogs. Dog are welcome in some but not all places. "
  • Shanteel
    "Small town good feel not much for entertainment or restaurants but Janesville is really close not any public transportation "
  • Lonisheldon
    "I've lived in this same house for over 20 years along with a few good neighbors. Walking distance to all schools, splash pad, lake, parks, grocery store, YMCA and other shops. "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 516 E Madison Ave

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Homes for rent near 516 E Madison Ave

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Off Market Homes Near 516 E Madison Ave

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516 E Madison Ave, Milton, WI 53563 is a 4 bedroom, 2 bathroom, 2,072 sqft multi-family built in 1880. This property is not currently available for sale. 516 E Madison Ave was last sold on Sep 24, 2021 for $140,000. The current Trulia Estimate for 516 E Madison Ave is $253,300.