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Butler Plaza LLC apartments in Madison, WI

Updated

Butler Plaza LLC

21 N Butler St, Madison, WI 53703, USA

4.2 (92 reviews) Official Website

Live pricing, refreshed

17
Units Listed
$1,525
Starting at
$1,974
Average
$2,625
Highest
$2.74
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Tenney-Lapham rent trends

Beds

Pricing by Bedroom

Studio
$1,525
from $1,525 · 1 units
~450 sqft avg
1 Bed
$1,606
from $1,550 · 7 units
~539 sqft avg
2 Bed
$2,309
from $1,525 · 9 units
~890 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (17)

Largest 8 movers of 17

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$1,655

$20K annual run rate

Modeled estimate

Est. Occupancy

6%

of about 18 units (modeled from leasing activity)

Effective Rent on New Leases

$1,655

vs $1,974 current asking ($319 negotiation gap)

Recent Lease Activity

18 units tracked; 1 assumed leased, 17 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

17

Good availability

0 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

17 units
2 Bed
$1,525/mo
405 ft² · $3.77/ft² · #1
Down $70 since Sep 2 (was $1,595)
Studio
$1,525/mo
450 ft² · $3.39/ft² · #12
Down $25 since Sep 2 (was $1,550)
1 Bed
$1,550/mo
450 ft² · $3.44/ft² · #14
Down $745 since Sep 2 (was $2,295)
1 Bed
$1,550/mo
405 ft² · $3.83/ft² · #4
Down $975 since Sep 2 (was $2,525)
1 Bed
$1,595/mo
405 ft² · $3.94/ft² · #3
Down $800 since Sep 2 (was $2,395)
1 Bed
$1,595/mo
615 ft² · $2.59/ft² · #7
Down $1,030 since Sep 2 (was $2,625)
1 Bed
$1,625/mo
650 ft² · $2.50/ft² · #13
Down $725 since Sep 2 (was $2,350)
1 Bed
$1,655/mo
650 ft² · $2.55/ft² · #17
Down $640 since Sep 2 (was $2,295)
1 Bed
$1,675/mo
600 ft² · $2.79/ft² · #10
Up $150 since Sep 2 (was $1,525)
2 Bed
$2,195/mo
800 ft² · $2.74/ft² · #11
Up $570 since Sep 2 (was $1,625)

Train activity

Trains close by

Freight line 1,596 ft away · 6 trains/day

  • 3 daytime, 3 overnight
  • No road crossing within earshot. Horns unlikely.
  • Operator: WSOR

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Madison, WI notes

No resident notes for this property yet.

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