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5-Unit Apartment Building
New
For Sale
$350,000

1-N8120 Franklin Road, Plymouth, WI 53073

Well-maintained apartment property with a varied unit mix and recent building-system improvements.

Property SizeContact for details
Days on Market7

Property Features for 1-N8120 Franklin Road

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 1 x 2BR, 3 x 1BR, 1 x Studio
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $3,550
Listing Agency: Greystone Asset, LLC
Listed By: Sara Meyer
Source: Exprealty
Added: Sep 12 Changed: Sep 17 Last Checked: Sep 16 at 9:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Greystone Asset, LLC

Investment Insights

Based on property information with market context.

This 5-unit apartment property at 1-N8120 Franklin Road includes one 2-bedroom apartment, three 1-bedroom apartments, and one studio. The building has been maintained with several recent updates, including a newer roof, back deck and steps, gutters, downspouts, furnace, and water heater.

The property is in a country setting near Lakeland College and Howards Grove, providing a residential location for a compact multifamily operation. Its combination of unit sizes and updated exterior and mechanical components supports a range of occupancy needs within one building.

Key Highlights

  • 5‑unit apartment property with one 2‑bedroom unit, three 1‑bedroom units, and one studio
  • Recent updates include a newer roof, back deck and steps, gutters, and downspouts
  • Updated furnace and water heater

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Grocery & Convenience Store Hair Salon Building Supply (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

228
Businesses Nearby

Demographics for 53073, WI

16,286
Population
6,591
Households
2.5
Avg Household Size
43
Median Age
25%
College-Educated
94%
High-School Grad
84.6 sq mi
ZIP Area
193
Density / Sq Mi
$76,100
Median Household Income
$43,023
Median Earnings
$867
Median Rent
$237,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained apartment property with a varied unit mix and recent building-system improvements.
Where is this apartment building located?
The property is located at 1-N8120 Franklin Road Plymouth, WI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 5‑unit apartment property with one 2‑bedroom unit, three 1‑bedroom units, and one studio; Recent updates include a newer roof, back deck and steps, gutters, and downspouts; Updated furnace and water heater
More about this property
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