Courtesy: Realty Executives Cooper Spransy
608-661-7900
Show 6/26-6/28. Unique townhouse style multifamily with lots of updates and a convenient location near downtown and bus routes. Each unit is 3 floors with its own basement. 1 unit is currently empty if a buyer would like to owner-occupy, or the seller will fill. All units except 43 have been updated at some point. Newer siding, soffits, fascia, driveway, and AC.
Courtesy: Realty Executives Cooper Spransy
608-661-7900
Your investment portfolio starts here, in the beautiful Tenney-Lapham neighborhood. This two-flat property is the heart of Madison, and beautifully showcases turn-of-the-20th-century details you can't pay for today: original woodworking, hardwood flooring, large bay windows, and pocket doors. The main floor is a lovely 2-bed/1-bath unit, and the remodeled upper unit is the 2nd & 3rd floor of the property, boasting 2 beds/1 bath w/a 3rd non conforming bed or Flex space. This property is the ideal opportunity to capitalize on the ease of established tenants or owner-occupancy. One block from Giddings Park with incredible sunset views, and walkable to Madison favorites like James Madison Park (w/ year-round activities), Tenney Park (w/ boat launch), Johnson Street shopping and dining, and just two miles from the Capitol Square. Don't miss seeing this one in person! NOTE: A new roof (insurance claim) and partial siding replacement will be completed prior to closing.
Courtesy: Madison Property Management, Inc.
608-251-8777
3 Unit apartment located just one block from Atwood Ave at the intersection of E. Main St. and Second St. Unit #1 is 825 sq.ft., 1 bed, 1 full bath. Unit #2 is 825 sq.ft., 1 bed, 1 full bath and leased out until 7/31/2027. Unit #3 is a studio with 1 full bath and leased out until 7/31/2027. There is a detached 2 car garage and additional city side street parking. Only 2 miles from downtown Madison and walking distance to many local restaurants.
Courtesy: Madison Property Management, Inc.
608-251-8777
Beautiful Victorian style 5-unit apartment complex located just 2 blocks off Williamson St. and 1 block from Lake Monona. Units #1, #3 & #5 are one bedroom and one bath. Unit #2 is two bedrooms and one bath. Unit #3 is three bedrooms and one bath. Shared laundry in basement, large gorgeous front porch, shared driveway access, 4 parking spaces behind property, walking distance to many local restaurants and only 1 mile from downtown Madison. Fully leased, easy to rent and an excellent location. Zoned: TR-V1, HIST-TL: Third Lake Ridge Historic District.
Courtesy: Madison Property Management, Inc.
608-251-8777
4 unit apartment complex located just 2 blocks off Williamson St. and 1 block from Lake Monona. Unit# 1 is 2 bed + 1 bath, unit #2 is a studio + 1 bath, unit #2 is 1 bed + bath and unit #4 is 1 bed + den with 1 bath. Shared laundry in basement, front porch, shared driveway access, 4 parking spaces behind property, walking distance to many local restaurants and only 1 mile from downtown Madison. Fully leased, easy to rent and an excellent location. Current rents listed are for 2025-2026. Zoned: TR-V1, HIST-TL: Third Lake Ridge Historic District
Courtesy: Patriot Properties
608-849-6500
Freedom Park Apartments presents an attractive multifamily investment opportunity on Madison?s growing east side. The property benefits from a highly desirable location just minutes from major retail, dining, and employment amenities, including Aldi, Target, East Towne Mall, Subway, Wendy?s, and numerous other neighborhood conveniences. Each unit features a functional 2-bedroom, 1-bathroom layout. The property's proximity to shopping, services, and major transportation corridors positions it well for continued occupancy and long-term income stability. With a combination of practical unit features and a convenient location in one of Madison's established residential corridors, Freedom Park Apartments offers investors a compelling opportunity to acquire a well-located asset with broad tenant appeal.
Courtesy: Devout Real Estate Group, LLC
920-397-7244
Prime Near East Side 3-unit investment opportunity just steps from Schenk's Corners. Full of character, this well-maintained property features hardwood floors, formal dining rooms in the first and second-floor units, inviting porches, a private third-floor balcony, and three off-street parking spaces. Recent improvements include major electrical updates, vinyl siding, ceiling repairs, deck and porch refinishing, a newer furnace, and updated water heaters. Rented coin-operated laundry provides additional income potential beyond current rents. With strong rental history, desirable unit layouts, and a location tenants love, this is an excellent opportunity to add a turnkey Madison investment property to your portfolio. Separate electric meters, front and rear stairways, and easy access to dining, shopping, parks, and downtown Madison complete the package. Ideal for both investors and owner-occupants looking to offset their mortgage with rental income.
Courtesy: Better Homes and Gardens Real Estate Dream Partners
608-480-8599
Looking for a 7-bed multi-home property in Madison under $700K? Two homes, one incredible opportunity! Nestled on a wooded 2-acre lot, this unique Madison property includes a 4-bedroom, 1.5-bath home & a 3-bedroom, 2.5-bath home? each with its own deck for enjoying the peaceful surroundings. Consider multi-generational living, extended family nearby, or with one house currently rented, you can move in and generate income from day one. Just minutes from Token Creek County Park, major highways, and all the conveniences of Madison?s east side, this property gives you city proximity with investment appeal. See Documents section for individual sheets on each house.
Courtesy: Compass Real Estate Wisconsin
608-336-3311
Live in one half, let your tenant cover the rest! New Roof and Updated mechanicals throughout. Located in one of the west side's most convenient and sought-after corridors, just minutes from Middleton's vibrant dining and shopping scene and Madison's west side amenities. Parks, trails, on bus line and top-rated schools anchor a neighborhood tenants actively seek out making this a true long-term rental performer where the location does the leasing work for you. The property: a duplex with two spacious townhouse-style units, each offering 3 bed/2 bath, main-level laundry, and a 2-car garage. Hard-surface floors on the first floor of both units, FP, stainless appliances, and an exposed lower level give each unit a quality feel tenants love. Charming outdoor space with a cherry tree, grapevines, and rhubarb ? a rare touch that sets it apart. Units are month-to-month and ready for an owner-occupant, seasoned investor, or anyone looking to live in one and rent the other. UHP included.
Courtesy: Haven Real Estate Partners
608-213-8242
Excellent opportunity to own a well-maintained 4-unit property in one of the strongest multifamily markets in the country. This property offers a rare and preferred 3 Bedroom, 1.5 Bath Units with a proven rental history, stable occupancy, and room to increase rents providing both immediate cash flow and future upside. Tenants love having a private 1 car garage and the convenient location. One unit is currently vacant, an ideal opportunity for an owner-occupant or an investor seeking additional rental income. The vacant unit has been updated and is in excellent condition. Major improvements have already been completed, including newer roof and gutters, newer driveway, and recent retaining wall work. Tenants pay all their own utilities, helping keep operating expenses low. A true turnkey, low-maintenance investment with no major capital expenditures anticipated, ready for its next owner.
Courtesy: EXP Realty, LLC
866-848-6990
Stabilized 7-unit in Madison with a brand-new roof, completed June 22. Long-term tenants anchor the rent roll. Two units leased July 1 at $1,250 and $1,350, with three accepted renewals at $1,250 starting August 1. Six units are similar in size and share laundry in the basement. Unit 3724 is the standout, a townhome-style layout with bedrooms upstairs and its own private unfinished basement with dedicated laundry. Solid in-place income, real upside, and the big capital item is already done.
Courtesy: Real Broker LLC
608-957-2683
Quality 4-plex's in Madison are virtually nonexistent, making this Madison opportunity one you won't want to overlook. Three units are currently leased with a fourth vacant and move-in ready, ideal for an owner-occupant or immediate lease-up. Pro-forma rents of $1,500 to $1,600 per unit put projected gross annual income near $75,000 with strong upside potential. Built in 1987 and thoughtfully maintained, the property features a new roof (2025), fresh paint, some new flooring, and some kitchen and bathroom updates throughout. Slab foundation construction keeps maintenance simple and costs predictable. A standout feature rarely seen on multi-family properties: every unit includes its own attached private single-car garage, in-unit laundry, dishwasher, A/C, and a private patio or deck. Located off Fish Hatchery Rd with easy access to the Beltline, downtown Madison, and bike trails. A turnkey asset in a proven rental corridor and a compelling addition to any serious investment portfolio.
Courtesy: EXIT Realty HGM
608-563-2272
Rare opportunity to own the 120?126 N. Franklin St portfolio, a 6-unit, 27-bedroom side-by-side investment property in a premier rental location near James Madison Park. This exceptionally well-maintained portfolio offers strong in-place income, consistent tenant demand, and easy leasing year after year. The property currently generates $315,254 in annual income with pro forma projections of approximately $345,410 for the 2027?2028 lease term. Features include 12 off-street parking stalls, attractive unit layouts, and a proven occupancy history in one of Madison?s most competitive rental markets. Opportunities to acquire a congruent, turnkey 27-bedroom portfolio of this size, condition, and location are exceptionally rare. Excellent long-term appreciation, cash flow, and development upside make this a portfolio standout.
Courtesy: EXIT Realty HGM
608-563-2272
120-122 N Franklin St is a rare opportunity to own a high-performing 3-flat investment property with an incredible 14 bedrooms in one of Madison?s most desirable rental locations. Currently generating over $13,500/month in income with potential to exceed $14,500/month, this property offers immediate cash flow and strong upside potential. Located steps from James Madison Park, tenants love the oversized units, available parking, outdoor porches, and classic charm that make these apartments exceptionally easy to rent year after year. The property has been well maintained, including a newer boiler installation, making it an attractive option for investors seeking stability and long-term appreciation. Large unit sizes, premium location, and strong rental demand make this a truly rare Madison investment opportunity. The property is also being offered as part of the 120-126 N Franklin st portfolio. A rare side-by-side 27 bedroom opportunity with significant development potential.
Courtesy: EXIT Realty HGM
608-563-2272
Rarely do you find a 2-flat with this much size, income, and upside all in one package! Located right next to James Madison Park, this 8-bedroom property is already generating over $7,100/month with potential to push rents beyond $8,200/month. The oversized units, off-street parking, unbeatable location, and classic charm make these apartments incredibly easy to rent year after year. Well maintained with a newer boiler already installed, this is the kind of investment property that checks every box! Strong cash flow today with even more room to grow tomorrow. Even better, this property is part of the 120-126 N Franklin st Portfolio. A rare side-by-side 27 bedroom opportunity at an attractive price offering significant development potential.
Courtesy: Madcityhomes.Com
608-438-3150
An exceptional opportunity in downtown Madison, WI, this 3-unit, 9-bedroom is the closest house on Mifflin to campus with great southern light, full front decks, and rear exit decks. Each unit in this turn-key property is leased thru 08/2027 and offers a spacious and practical layout, including a full kitchen, three bedrooms, one bathroom, and a comfortable living area. Tenants appreciate the updated basement with storage and laundry. Additional income is generated through four on-site parking spaces. Tenants are responsible for electricity, garbage/recycling, cleaning, and snow removal. With gross income of $108,900 for 2026/2027 and several rents below market, a new buyer has the potential to earn an even greater return on their investment through future lease adjustments. Cap rate of 8.36% per seller.
Courtesy: Artisan Graham Real Estate
608-416-5664
ARBORETUM ARMS LLC APARTMENTS! This spacious, charming, brick building apartments have a large living room, formal dining room. Each unit has one bath with tub and shower. With the exception of the kitchen and bath, there are hardwood floors throughout. An open sun porch overlooks the yard and garden area. It is 1/2 block to the Arboretum and Lake Wingra with boats available for rental. Close proximity to Edgewood College and UW Madison. On Bus Line. Biking and Jogging trails through the Arboretum. Shops and restaurants are within walking distance. Nearby grocery. Two apartments per floor allows each apartment three sides of windows. There are three buildings total.
Courtesy: Bunbury & Assoc, REALTORS
608-873-3252
Back on the market after recent updating! One side of this duplex now has new flooring, cabinets, fixtures and furnace. With a fresh lease in place of $2660, the combined rents now bring in over $5000 per month. 3 Bedrooms, 1.5 baths each side with 2 car garages. Great investment property for starting out or adding to a portfolio.
Courtesy: Bunbury & Assoc, REALTORS
608-441-7777
Rare opportunity for owner-occupants and investors alike! This well-maintained 2-unit property offers flexibility, income potential, and a prime Madison location. Each unit features 2 bedrooms, 1 bath, separate utilities, and access to a detached 2-car garage with additional off-street parking. Major improvements anticipated completion end of June, including NEW ROOFS on the house & garage and NEW SIDING on the house, offering added value and peace of mind for the next owner. Unit 2 is expected to be vacant beginning September 1, 2026, creating an excellent opportunity for owner occupancy or the ability to secure market-rate rent. Conveniently located near downtown Madison, the Capitol, Madison Public Market, restaurants, shopping, parks, bike paths, and public transportation. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers exceptional potential in a highly desirable location.
Courtesy: Madcityhomes.Com
608-438-3150
Solid two-flat investment property in the heart of campus housing! This classic multi-unit property has a flexible layout and is currently rented as a single house with one lease at $4,570 per month. Two parking spots are currently leased at $135 each per month. The 2026/27 lease is signed for $4,800 per month with one parking spot at $135 per month. Tenants pay their own gas, electrical and water utilities. The home features original wood floors and trim, and a new roof in 2022. Rented through 8/14/27. Driveway easement agreement on file.
Courtesy: Realty Executives Cooper Spransy
608-661-7900
This spacious, well-maintained duplex on Madison?s East Side offers a fantastic opportunity for investors and/or homeowners! Each side features 4 bedrooms and 3 full bathrooms, including a private en-suite with double vanities and walk-in closets in the main bedrooms. The open-concept living and dining areas provide ample space, while a second living room in the lower level adds flexibility. Both units offer updated kitchens with stainless steel appliances and access to private decks, perfect for outdoor living. The walkout lower levels lead to a large backyard and oversized corner lot, ideal for recreation. Recent updates include newer carpet, wood/laminate flooring, and more. With a rock solid proven rental history, this duplex is a sound investment. Both units are currently occupied, so please allow at least 24 hours notice for showings. Don?t miss this opportunity to own a fantastic income property in a prime location!
Courtesy: Stark Company, REALTORS
608-256-9018
Showings start 4/3 Four Unit Victorian, located just blocks from the state capitol, James Madison Park, State Street and UW Campus. Features large windows and full size eat in kitchens. Convenient and charming.
Courtesy: Investment Realty Services LLC
608-238-8888
Excellent investment opportunity! This six-unit apartment building features spacious 2-bedroom, 1-bathroom units, each designed for comfortable living. With all units currently rented, the property generates over $97,000 in annual income. Well-maintained and ideally located, this income-producing property is perfect for both seasoned investors and those looking to start or expand their portfolio. Don?t miss this chance to own a solid, high-performing asset. Tenants pay for heat and electric. Landlord pays water. Includes Jetz laundry service agreement. Broker owned.
Courtesy: Bruner Realty & Management
608-273-9390
Outstanding 4-unit property in the desirable Vilas Neighborhood blocks from Camp Randall Stadium, UW, and Henry Vilas Zoo! This well-maintained property offers exceptional convenience and strong rental potential. Each unit features updated kitchens, new carpet in bedrooms, and fresh paint throughout, creating a clean, modern feel. The building includes shared washer & dryer and a small office/flex space on the first floor available for rent ideal for additional income. Enjoy the 4-car detached garage with a brand-new party deck above, perfect for entertaining or relaxation. Rents currently below market, there?s opportunity for income growth. Owner occupy Unit 1? Good potential for furnished or mid-term rentals, given its proximity to UW?Madison, hospitals, and downtown. Turn-key investment
 |
| Information is supplied by seller and other third parties and has not been verified. This IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify perspective properties consumers may be interested in purchasing. Copyright 2026 - Wisconsin Real Estate Exchange. All Rights Reserved Information is deemed reliable but is not guaranteed |
Madison is located in Wisconsin. Madison, Wisconsin has a population of 265,447. Madison is less family-centric than the surrounding county with 31.29% of the households containing married families with children. The county average for households married with children is 33%.
The median household income in Madison, Wisconsin is $70,466. The median household income for the surrounding county is $78,452 compared to the national median of $69,021. The median age of people living in Madison is 31.5 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 10.2 degrees. The average rainfall is approximately 36.1 inches per year, with 42.4 inches of snow per year.
