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Brick Apartment Building Near Campus

219 N Frances St, Madison, WI 53703

For Sale
New
$6,250,000

A remodeled studio and one-bedroom mix is fully leased through Fall 2027, with dedicated off-street parking.

Property SizeContact for details
Days on Market4

Property Features for 219 N Frances St

General Information

Standard status Active
Total Parking Spaces 10
Property subtype Multi-Family
Occupancy 100%

Site & Location

Neighborhood Capitol Neighborhoods

Additional Details

Multifamily Units 30
Tenant in Place Yes

Building Details

Year Built 1972
Buildings 1
Construction brick
Listed By: Briggs Realty Group
Source: Thebriggsrealtygroup
Added: Nov 8 Last Checked: Nov 10 at 8:38AM

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 Briggs Realty Group

Rey
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Investment Insights

Based on property information with market context.

Courtside Apartments is a 30-unit brick apartment building at 219 N Frances St in Madison. The unit mix consists of studios and one-bedroom apartments, supported by 10 dedicated off-street parking spaces. Interior units have been remodeled, the exterior has been updated, and the building has new electrical service. The roof is approximately seven years old; the property was built in 1972.

The building is fully leased through Fall 2027. Witte Hall and the Kohl Center are nearby, and the property is walkable to campus and downtown Madison.

Key Highlights

  • 30‑unit brick apartment building built in 1972
  • Studios and one‑bedroom apartments
  • 10 dedicated off‑street parking spaces

Property Analytics

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Lease Details

30
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

4,875
Businesses Nearby

Demographics for 53703, WI

38,512
Population
21,025
Households
1.8
Avg Household Size
27
Median Age
69%
College-Educated
98%
High-School Grad
1.8 sq mi
ZIP Area
21,396
Density / Sq Mi
$46,618
Median Household Income
$27,923
Median Earnings
$1,445
Median Rent
$472,000
Median Home Value
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Market

Properties on Market for Apartment buildings in Madison

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A remodeled studio and one-bedroom mix is fully leased through Fall 2027, with dedicated off-street parking.
Where is this apartment building located?
The property is located at 219 N Frances St Madison, WI.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: 30‑unit brick apartment building built in 1972; Studios and one‑bedroom apartments; 10 dedicated off‑street parking spaces
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