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Updated 13 hours ago

424 N. Paterson Street

VERIFIED

424 N Paterson St Madison, WI

2 Bed
•
1 Bath

950 Sq. Ft.

Available starting Aug. 15th
Floor plans
2 Beds • 1 Bath
$1,750
950 ft2
1 Available
Unit 2
$1,750
Available Aug 15th, 2027
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Where you'll live
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424 N. Paterson Street
424 N. Paterson Street
424 N. Paterson Street
Location ratings
Walk Score®
84
Very Walkable
Transit Score®
45
Some Transit
Bike Score®
79
Very Bikeable
Amenities
In-unit Laundry
Refrigerator
Public Transportation
Controlled Access
On Bus Line
Live Tours
Near Fire Department
Near Grocery Store
Accepts Credit Cards
24-hour Maintenance
Vintage Building
Bath Tub
Double Pane / Storm Windows
Ceiling Fans
Heat: Forced Air
Lake
Range / Oven
Sun Room
Dining Room
Living Room
Fees & leasing info
Pets
No Pets Allowed
Parking
On-street Parking
Lease & Fees
Security Deposit:

$1400

Lease Length:

12 months

Late Fee:

$35

Property details
Description

Spacious upstairs 2 bedroom flat near Lake Mendota. Lots of light with large 3 season porch for all your summer plants. Hardwood floors and newer flooring in kitchen, free laundry in unit. Smoke free and pet free! The Sylvee and Festival Foods are just a few blocks away! Available August 15. Please see our website for other housing options at www.oaklandprop.com.

Additional Details
Year Built: 1912
Total Unit Count: 2
Last Updated: Updated 13 hours ago
Contact Number: (608) 820-8246
Property manager information
Waypoint Property Management Services
229 W Beltline Hwy, Madison, WI 53713
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Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Charter Communications 940.0 35.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 12.0 0.512
AT&T Inc. 6.0 0.512
Data from June 2020 provided by the FCC
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Neighborhood
Tenney-Lapham
Compared to its Near-East Madison counterpart the Williamson-Marquette Neighborhood, the Tenney-Lapham Neighborhood is layered with older houses and flats, has less expensive rent (though still relatively high compared to places off the isthmus) and is a little closer to downtown.

In other words, less of the 1960's hangover culture and more focus on parks and quiet, eminently walk-able neighborhoods.

View All Tenney-Lapham Apartments

Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 424 N. Paterson Street by bedroom type below.
2 Bedroom
Suggested income:
$63,000
per year
Rent report

424 N. Paterson Street Rent vs. Madison Average

 424 N. Paterson Street      Madison Average
2BR
$1,750
$2,059
$0
$700
$1,400
$2,100
$2,800

424 N. Paterson Street is asking 15% less than the average 2 bedroom apartment in Madison.

If you upsized to an average priced Madison 3 bedroom apartment, you would pay 11% more per month.

If you downsized to an average priced Madison 1 bedroom apartment, you would pay 28% less per month.

424 N. Paterson Street provides 7% less square footage than the average Madison 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
424 N. Paterson Street
2BR $1,750 $1.80 $5,250
Madison Average
Studio $1,336 $2.70 $4,008
1BR $1,606 $2.30 $4,818
2BR $2,059 $2.00 $6,176
3BR $2,312 $1.70 $6,935
4BR $2,453 $1.60 $7,358

Availability in Madison

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 2,543 2BR units on the market in Madison. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
13% 28% 40% 13% 5%
Available Units in Madison
Studio 844
1BR 1,754
2BR 2,543
3BR 788
4BR 296
Location
Nearby Colleges

University of Wisconsin - Madison

Edgewood College

Madison Area Technical College

FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on August 15, 2027.
What's the square footage of the available units?
It's 950 square feet.
Does this property allow cats or dogs?
Pets are not allowed at this property.
Where is this property located?
This property is at 424 N Paterson St in Madison, WI. It's 1.1 miles northeast from the center of Madison.
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