516 E Madison Ave, Milton, WI 53563
Property image
Property image
OFF MARKET

516 E Madison Ave
Milton, WI 53563

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

$253,200

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,655/mo*
Refinance Your Home

$253,200

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,655/mo*
Refinance Your Home
4 Beds
2 Baths
2,072 sqft
(on 0.48 acres)

Home Value

Trulia Estimate
$253K
Since last month
Decreased$8K (-3%)
Since last year
Increased$22K (+9.7%)
Since last sale
Increased$113K (+80.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +197% in the last 10 years
MonthEstimated value
2026
August 2026$253K
July 2026$249K
June 2026$261K
May 2026$253K
April 2026$257K
March 2026$251K
February 2026$248K
January 2026$243K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
881 Parkview Dr, Milton, WI
0.72
Multi-Family Home
$537,000
07/09/26
6
3
3,694
926 Parkview Dr, Milton, WI
0.83
Multi-Family Home
$260,000
03/03/26
4
2
-
1124-1126 Brown Dr, Milton, WI
0.95
Multi-Family Home
$412,500
09/12/25
6
3
2,400
2921 Randolph Rd, Janesville, WI
5.39
Multi-Family Home
$375,000
04/20/26
5
2
2,375
1835 & 1839 Roxbury Rd, Janesville, WI
5.80
Multi-Family Home
$250,000
02/06/26
4
2
1,836
1802-1806 Randolph Rd, Janesville, WI
5.77
Multi-Family Home
$320,000
07/01/26
4
2
1,994
2415-2419 Mount Zion Ave, Janesville, WI
5.94
Multi-Family Home
$289,000
03/30/26
4
2
1,768
1236-1238 Somerset Ct, Janesville, WI
5.85
Multi-Family Home
$418,000
12/10/25
4
2.5
2,334
1503-1505 Greenwich Ln, Janesville, WI
6.04
Multi-Family Home
$320,000
03/13/26
4
2
2,736
955 Newman St, Janesville, WI
6.34
Multi-Family Home
$260,000
03/03/26
7
2
1,920

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
602 E Madison #46, Milton, WI 53563
0.05
$322,700
2
2
1,239
Off Market
602 E Madison #23, Milton, WI 53563
0.07
$307,300
1
2
2,440
Off Market
602 E Madison #3, Milton, WI 53563
0.07
$336,400
2
2
1,967
Off Market
602 E Madison Ave #12, Milton, WI 53563
0.07
$332,200
2
2
1,360
Off Market
602 East Madison AVENUE #7, Milton, WI 53563
0.07
$277,400
2
2
1,921
Off Market
602 East Madison AVENUE #17, Milton, WI 53563
0.07
$294,200
2
2
2,203
Off Market
528 E Madison Ave, Milton, WI 53563
0.03
$340,000
3
1.5
1,672
Recently Sold
422 E Madison Ave, Milton, WI 53563
0.08
$289,600
3
1.5
1,116
Off Market
439 E Madison Ave, Milton, WI 53563
0.07
$332,200
2
2.5
1,101
Off Market
602 E Madison Ave #35, Milton, WI 53563
0.10
$439,900
3
3
2,440
For Sale
602 W Madison Ave #19, Milton, WI 53563
0.10
$250,000
2
2
2,388
Recently Sold
602 E Madison Ave #34, Milton, WI 53563
0.10
$345,000
2
2
1,360
Recently Sold

Local Information

  • Map ViewExplore the area around 516 E Madison Ave.
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1880
Lot Size
0.48 acres
Living Area
2,072 sqft
Price/Sqft
$122

About this House

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.
516 E Madison Ave, Milton, WI 53563 is a 4 bedroom, 2 bathroom, 2,072 sqft multi-family built in 1880. It last sold for $140,000 on Sep 27, 2021. It is currently off market. The Trulia Estimate is $253,200, with a rent estimate of $1,220/month.

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 and Tax history

DateEventPrice
Sep 27, 2021
Source: N/A
Sold
$140,000
Aug 26, 2021
Source: WIREX MLS #1917177
Pending
$159,500
Aug 10, 2021
Source: WIREX MLS #1916201
PriceChange
$159,500
Price decreased by 3%
Aug 2, 2021
Source: WIREX MLS #1916201
Listed For Sale
$164,500
Mar 12, 2019
Source: SCWMLS #1843894
Sold
$122,500

Market trends in Milton

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
40
10MoM
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Around this home

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

Sourced by Trulia users. 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. "
    0
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  • 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. "
    0
    Flag
  • Shanteel
    "Small town good feel not much for entertainment or restaurants but Janesville is really close not any public transportation "
    0
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  • 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. "
    0
    Flag

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Apartments for Rent

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Homes for sale near 516 E Madison Ave

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Off Market Homes Near 516 E Madison Ave

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Frequently asked questions about 516 E Madison Ave

  • What is 516 E Madison Ave estimated to be worth?
    Trulia's estimated value for 516 E Madison Ave in Milton, WI is $253,200.
  • What is the price history for 516 E Madison Ave?
    516 E Madison Ave in Milton, WI last sold for $140,000 in September 2021.
  • Is Milton a buyer's or seller's market?
    Milton is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Milton?
    Residents describe Milton, WI as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Milton, WI.
  • Does 516 E Madison Ave have parking?
    Yes, 516 E Madison Ave in Milton, WI has on-site parking.