Back to Search

Three-Unit Apartment Building

24 S 2nd Street, Madison, WI 53704

View on Map

For Sale

$459,000

MULTI_FAMILY - Madison, WI

Lot size:

0.09 Acres

HighLights

3‑unit apartment building with 1‑bed units (825 SF each) plus a studio
Unit #2: 825 SF, 1 bed, 1 full bath; currently leased until 7/31/2027
Unit #3: studio with 1 full bath; currently leased until 7/31/2027
Unit #1: 825 SF, 1 bed, 1 full bath
Detached 2‑car garage plus additional city street parking
Built in 1909; located at E. Main St and Second St, one block from Atwood Ave

We can help!

Contact an agent

Jim Stopple

For Sale

$459,000

MULTI_FAMILY - Madison, WI

Lot size:

0.09 Acres

Added:: Jul 1, 2026
Days on Market:: 8
Last Refresh:: Jul 8 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 1, Bathroom 3, Bedroom 1, Bedroom 2, 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 Jul 1, 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 with 1‑bed units (825 SF each) plus a studio
Unit #2: 825 SF, 1 bed, 1 full bath; currently leased until 7/31/2027
Unit #3: studio with 1 full bath; currently leased until 7/31/2027
Unit #1: 825 SF, 1 bed, 1 full bath
Detached 2‑car garage plus additional city street parking
Built in 1909; located at E. Main St and Second St, one block from Atwood Ave

Overview

This three-unit apartment building offers a straightforward residential income setup with Unit #1 and two additional leased units. Unit #1 is a 1-bedroom, 1-bath apartment of approximately 825 square feet. Unit #2 is also a 1-bedroom, 1-bath apartment of approximately 825 square feet and is leased through 7/31/2027. Unit #3 is a studio with 1 full bath, 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 two-car garage supports off-street parking, and there is additional city side street parking.

For buyers seeking a small, manageable multifamily asset, this configuration provides a mix of unit sizes and lease status. Two of the three units have in-place leases extending to 7/31/2027, while Unit #1 is separately identified, allowing for tenant-by-tenant planning. Zoning is listed as TR-V1, supporting its use as a residential income 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

Nearby Similar for Sale

$169,900

2,300 SF

Turnkey Restaurant With Bar Seating

Turnkey restaurant for sale with 70-plus seats, bar, and an open kitchen layout in a busy corner setting.

605 E Washington Ave, Madison, WI 53703

View Details
$995,000

5,880 SF

6626 Watts Rd, Madison, WI

6626 Watts Rd, Madison, WI 53719

View Details
$850,000

Well-Maintained 4-Unit Multifamily

Updated vacant unit and tenant-paid utilities support a turn-key 4-unit rental property with private 1-car garages.

4706 Jenewein Road, Madison, WI 53711

View Details
$690,000

Updated Duplex Investment

Duplex with one updated unit, recent improvements, and current leasing producing over $5,000 monthly in combined rents.

2309/2311 McKenna Boulevard, Madison, WI 53711

View Details
$1,099,900

Stabilized 7-Unit Multifamily with New Roof

Stabilized 7-unit in Madison with brand-new roof and basement laundry, anchored by long-term tenants on the rent roll.

3712-3724 Lien Road, Madison, WI 53704

View Details
$825,000

Townhouse-Style Duplex with Two Garages

Well-kept duplex offers two separate 3-bedroom, 2.5-bath units with private entrances, attached two-car garages, and finished lower levels.

7002-7004 Longmeadow Road, Madison, WI 53717

View Details
$1,095,000

Townhouse-Style Quadplex

Townhouse-style multifamily with each unit spanning three floors plus a private basement for flexible occupancy.

41-47 Sunfish Court, Madison, WI 53713

View Details
$949,900

Spacious Duplex with Private Decks

Well-maintained Madison duplex offers two 4-bedroom units with private decks, walkout lower levels, and updated finishes.

1002-1004 Severson Drive, Madison, WI 53718

View Details
$999,000

Victorian Five-Unit Apartment Building

Victorian-style five-unit property with shared basement laundry, porch, and off-street parking in a historic district setting.

932 Spaight Street, Madison, WI 53703

View Details
$795,000

Four-Unit Apartment Building

Four fully leased apartments with basement laundry, front porch, and off-street parking near Madison’s lake and dining.

928 Spaight Street, Madison, WI 53703

View Details
$1,200,000

Historic Triplex with Detached Garage

Brick and stucco triplex with three off-street parking spaces and shared laundry in the basement.

926 Spaight Street, Madison, WI 53703-4555

View Details
$675,000

Multifamily Building with Mixed Units

Multifamily building offering 1-, 2-bedroom, and efficiency units, with documented updates to major building systems.

736 E Johnson Street, Madison, WI 53703

View Details

For sale
Triplexes
WI
Madison
53704
24 S 2nd Street

What type of property is this?

Triplex - Three-unit Madison income property with garage parking and two units leased through July 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 with 1‑bed units (825 SF each) plus a studio; Unit #2: 825 SF, 1 bed, 1 full bath; currently leased until 7/31/2027; Unit #3: studio with 1 full bath; currently leased until 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

Turnkey Restaurant With Bar Seating

6626 Watts Rd, Madison, WI

Well-Maintained 4-Unit Multifamily

Updated Duplex Investment

Stabilized 7-Unit Multifamily with New Roof

Townhouse-Style Duplex with Two Garages

Townhouse-Style Quadplex

Spacious Duplex with Private Decks

Victorian Five-Unit Apartment Building

Four-Unit Apartment Building

Historic Triplex with Detached Garage

Multifamily Building with Mixed Units

FAQs