Three-Unit Residential Income Property

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 built in 1909 near the intersection of E. Main St. and Second St.
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.

We can help!

Listing Contact

Jim Stopple

For Sale

$459,000

MULTI_FAMILY - Madison, WI

Lot size:

0.09 Acres

Added:: Jun 22, 2026
Days on Market:: 1
Last Refresh:: Jun 22 at 6:06 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 2, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 1
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!

Listing Contact

Jim Stopple

Listing agent Jim Stopple License #WI 90-12003

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

Listing date Jun 22, 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 built in 1909 near the intersection of E. Main St. and Second St.
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.

Overview

This is a three-unit residential income property in a simple, investor-friendly layout with Unit #1 being a 1-bedroom, 1-bath apartment that is currently vacant. Units #2 and #3 are also 1-bath units, with Unit #2 featuring 1 bedroom and Unit #3 operating as a studio. The property includes a detached 2-car garage, along with additional city side street parking.

The building is located about one block from Atwood Avenue, at the intersection of E. Main Street and Second Street. The remarks indicate the area offers walking access to local restaurants, and the property is approximately 2 miles from downtown Madison.

For tenants or buyers, the current setup provides a mix of flexibility and stability: Unit #1 can support an owner-occupancy plan, while Units #2 and #3 are leased out through 7/31/2027. The combination of a detached garage and on-street parking can help support everyday convenience for residents, while the three separate units offer a straightforward path for operating a small multifamily property.

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
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 separate units include two leased through 2027 and one vacant for potential owner-occupancy.

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 built in 1909 near the intersection of E. Main St. and Second St.; 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

Flex Industrial Office Building

Free-Standing Restaurant Building with Basement

Turn-Key Restaurant with Finished Basement

Restaurant and Retail Building

Historic Office Building with Remodeled Basement

Office-Flex Warehouse with Double-High Garage

Mixed-Use Building with Underground Parking

Corner Mixed-Use Triplex Property

6626 Watts Rd, Madison, WI

Four-Unit Residential Income Property

Updated Duplex Investment Property

Corner Retail and Apartment Building

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