Three-Unit Apartment with Detached Garage

24 S 2nd Street, Madison, WI 53704

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New

For Sale

$459,000

MULTI_FAMILY - Madison, WI

Lot size:

0.09 Acres

HighLights

3‑unit apartment building (Unit #1, #2, and #3) built in 1909
Unit #1: 825 SF, 1 bed, 1 full bath, currently vacant
Unit #2: 825 SF, 1 bed, 1 full bath, leased through 7/31/2027
Unit #3: studio with 1 full bath, leased through 7/31/2027
Detached 2‑car garage plus additional city side street parking
Located one block from Atwood Ave at E. Main St & Second St (about 2 miles from downtown Madison)

We can help!

Contact an agent

Jim Stopple

For Sale

$459,000

MULTI_FAMILY - Madison, WI

Lot size:

0.09 Acres

Added:: Jun 26, 2026
Days on Market:: 2
Last Refresh:: Jun 27 at 1:06 pm

Property Features for 24 S 2nd Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: TR-V1
Bedrooms: 2
Bathrooms: 3
Rooms: Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Appliances: 3
Standard status: Active
APN: 0710-063-1240-0
Lot size: 0.09 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 7914

Building Details

Year built: 1909
Floors in Building: 2
Number of units: 3

We can help!

Contact an agent

Jim Stopple

Listing agent Jim Stopple License #WI 90-12003

Listing office Madison Property Management, Inc. 1202 Regent St, Madison, WI

Listing date Jun 26, 2026

MLS# 2026408 Listing URL

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

3‑unit apartment building (Unit #1, #2, and #3) built in 1909
Unit #1: 825 SF, 1 bed, 1 full bath, currently vacant
Unit #2: 825 SF, 1 bed, 1 full bath, leased through 7/31/2027
Unit #3: studio with 1 full bath, leased through 7/31/2027
Detached 2‑car garage plus additional city side street parking
Located one block from Atwood Ave at E. Main St & Second St (about 2 miles from downtown Madison)

Overview

This three-unit apartment building offers separate living spaces with three 1-bath units. Unit #1 is a 1-bedroom, 1-bath layout totaling 825 sq. ft. and is currently vacant, providing flexibility for an owner-occupant. Unit #2 is also a 1-bedroom, 1-bath unit at 825 sq. ft. and is leased through 7/31/2027. Unit #3 is a studio with 1 full bath and is also leased through 7/31/2027.

The property is located just one block from Atwood Ave at the intersection of E. Main St. and Second St. A detached 2-car garage is included, along with additional city side street parking. Downtown Madison is about 2 miles away, and the area provides walkable access to local restaurants.

For buyers and operators, the mix of a vacant unit alongside two units with in-place leases can support multiple strategies, including owner-occupancy while retaining leased income from the remaining apartments. The detached garage and on-street parking can also help accommodate tenant needs in day-to-day living.

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

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Local Demand

City: Madison
County: Dane
State: Wisconsin
Longitude: -89.356396
Latitude: 43.093289

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For sale
Triplexes
WI
Madison
53704
24 S 2nd Street

What type of property is this?

Triplex - Three-unit property with a currently vacant 1-bedroom unit and two leased units through 7/31/2027.

Where is this triplex located?

The property is located at 24 S 2nd Street Madison, WI.

What is the asking price?

The asking price for this property is $459,000.

What are key features of this property?

This property features: 3‑unit apartment building (Unit #1, #2, and #3) built in 1909; Unit #1: 825 SF, 1 bed, 1 full bath, currently vacant; Unit #2: 825 SF, 1 bed, 1 full bath, leased through 7/31/2027

24 S 2nd Street, Madison, WI 53704

MULTI_FAMILY - Madison, WI

Property Features for 24 S 2nd Street

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

6626 Watts Rd, Madison, WI

Four-Unit Multifamily with Garages

Duplex with Updated Unit

Stabilized 7-Unit Multifamily Property

Townhouse-Style Quadplex Property

Duplex with Attached Two-Car Garages

Duplex Property with Private Decks

Victorian 5-Unit Apartment Building

Four-Unit Apartment Building

Multifamily Building with Mixed Units

Turnkey Triplex with Multiple Decks

Two-Flat Residential Income Property

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