#2002935, Seth Pfaehler, Listing office: The McGrady Group, LLC
Property details
About 4650 Hayes Rd
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.
Highlights
HeatingRadiant, Electric, Electric
StatusActive
Lot size0.28 Acres
Year built1986
Parking1 Car,Attached,Opener Included, 1 Space
MLS #2002933
Attached garage1 space
Summary
- Basement: No
- Interior: Water Softener, High Speed Internet
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: 1 Car,Attached,Opener Included, 1 Space
- Heating: Radiant, Electric, Electric
- List Price: $700,000
- Annual Tax Amount: $8,713
- Tax Year: 2023
- Directions: I-39N/I-90W. Continue on I-39N/I-90W to Madison. Turn right onto Service Ln, Turn right onto E Wash Ave Frontage Rd, Continue onto Hayes Rd
- Year Built: 1986
- Municipality: Madison
- Lot Size: 0.28 Acres
- MLS Number: 2002933
- MLS Name: WIREX_SCW
- Office Name: The McGrady Group, LLC
- Office Phone: (608) 772-3640
- Listing Agent: Seth Pfaehler
© 2025 WIREX - All Rights Reserved.
Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 4:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $515,000 | $8,713 |
| 2022 | $444,000 | $8,599 |
History based on county public records data.
Nearby schools
2
Sandburg Elementary School
Public District PK-5
0.6 mi
•4114 Donald Dr
3
Hawthorne Elementary School
Public District PK-5
2.4 mi
•3344 Concord Ave
3
Lake View Elementary School
Public District KG-5
2.9 mi
•1802 Tennyson Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $56,667. The majority of Madison, WI residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
26%
<35k
61%
35k-100k
11%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
56%
Single, No Kids
10%
Single, with Kids
21%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
4%
12-17 yrs old
40%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
College Football
Figure Skating
Where do the neighbors shop?
Family Dollar
Express/Express For Men
Kmart
Where do the neighbors go to eat?
Dominos Pizza
Sonic
Bob Evans
What do the neighbors drive?
Ford
Kia
Buick
What do the neighbors listen to?
New Country
Oldies
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Madison, WI
Madison's transport infrastructure is designed to accommodate a variety of transit options. Public transportation is available, with bus services connecting different parts of the city. The community is also bike-friendly, with numerous bike paths and lanes encouraging cycling as a mode of transport. Major roads and highways facilitate commuting in and out of the city, and ongoing projects aim to improve traffic flow and reduce congestion. While ride-sharing services are operational, the city also promotes alternative transportation methods to enhance sustainability.
The community is served by a comprehensive educational system, including a significant number of public and private schools that cater to various educational needs. Madison is home to several higher education institutions, which contribute to the city's dynamic atmosphere. Healthcare services are well-established, with multiple hospitals and clinics offering a range of specialized care. The city also boasts a network of public libraries and community centers that provide valuable resources to residents. Retail and dining options are plentiful, with an emphasis on local businesses that showcase the city's unique culture.
Madison is celebrated for its vibrant community spirit and picturesque setting between two lakes. The city prides itself on being a hub of education and culture, with numerous festivals and events throughout the year that reflect its diverse and inclusive population. The community's character is further enriched by its commitment to sustainability and a strong local food movement, which is evident in the numerous farmers' markets and community gardens scattered throughout the city.
Madison's housing market showcases a diverse array of options, with single-family homes being a significant presence. Architectural styles vary, offering modern, craftsman, and colonial homes that cater to a range of aesthetic preferences. The city's housing stock also includes a mix of apartments and condominiums, providing alternatives for those seeking a more urban living experience. While the majority of homes reflect construction booms in the late 20th century, new developments continue to add to the city's housing landscape. The homeownership rate in Madison is robust, with a healthy balance between owners and renters.
About 4650 Hayes Rd
The listing price of 4650 Hayes Rd property is $700,000.
The property 4650 Hayes Rd is a house located in Madison, Wisconsin, 53704.
Active Listing: 4650 Hayes Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4650 Hayes Rd are: Sandburg Elementary School (GreatSchools Rating 2/10), Hawthorne Elementary School (GreatSchools Rating 3/10), Lake View Elementary School (GreatSchools Rating 3/10), Black Hawk Middle School (GreatSchools Rating 2/10), Sherman Middle School (GreatSchools Rating 3/10), Annie Greencrow Whitehorse Middle School (GreatSchools Rating 3/10), Isthmus Montessori Academy Public (GreatSchools Rating 5/10), Shabazz-City High School (GreatSchools Rating 3/10), East High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $8,713 (source: MLS/based on county public records data).
The property at 4650 Hayes Rd has 0 bathroom.
The year of construction for 4650 Hayes Rd is 1986.
This home is located at 4650 Hayes Rd in Madison, WI and zip code 53704. Features: 0 bathroom. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $700,000.
In June 2025 more than 134 listings in Madison, WI were sold above the asking price. During the same period more than 49 listings were sold at asking price, while more than 72 were sold below. Between May and June 2025, Madison, WI real estate market has seen increase in the number of listings by 8.1%.
From Rocket Homes Real Estate and based on county public records data.