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Duplex with Separate Rental Unit
For Sale
$225,000

509 East Franklin Street Unit 511, Sparta, WI 54656

Two-unit property pairs a four-bedroom main residence with a one-bedroom apartment, basement storage, garage access, and fenced outdoor space.

Property Size9,583 SF
Price / SF$23.48
Days on Market230

Property Features for 509 East Franklin Street Unit 511

General Information

Standard status Active
Size 9,583 SF
Property subtype Multi-Family / Multi-Family

Units

Unit Mix 1 x 4BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Amenities

fenced backyard
garage
basement storage
Partial, Yes
Vinyl

Building Details

Year Built 1886
Buildings 1
Listing Agency: NextHome Prime Real Estate
Listed By: Tamra Nururdin · License #72852-94
Source: Compass
Added: Jan 12 Changed: Aug 30 Last Checked: Aug 30 at 11:16AM

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 NextHome Prime Real Estate

Investment Insights

Based on property information with market context.

This duplex at 509 East Franklin Street in Sparta, Wisconsin, includes a primary residence with four bedrooms, a full bathroom, an open dining and living area, laundry space, and a basement for storage. The second unit has one bedroom, one bathroom, and a private porch, creating a distinct layout for owner occupancy and separate residential use.

Exterior features include a fenced backyard, garage access, and additional storage potential. Built in 1886, the property combines two residential units with practical indoor and outdoor spaces, including a main-level arrangement suited to everyday living and a separate apartment configuration.

Key Highlights

  • Main residence includes 4 bedrooms, a full bathroom, dining and living areas, laundry space, and basement storage
  • Separate 1‑bedroom, 1‑bath unit with its own porch
  • Fenced backyard for outdoor use

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Kitchen & Bath Showroom Parking Lot & Garage Skin Care Clinic

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

523
Businesses Nearby

Demographics for 54656, WI

18,411
Population
7,630
Households
2.4
Avg Household Size
40
Median Age
20%
College-Educated
93%
High-School Grad
282.3 sq mi
ZIP Area
65
Density / Sq Mi
$70,605
Median Household Income
$41,357
Median Earnings
$924
Median Rent
$201,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two-unit property pairs a four-bedroom main residence with a one-bedroom apartment, basement storage, garage access, and fenced outdoor space.
Where is this duplex located?
The property is located at 509 East Franklin Street Unit 511 Sparta, WI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Main residence includes 4 bedrooms, a full bathroom, dining and living areas, laundry space, and basement storage; Separate 1‑bedroom, 1‑bath unit with its own porch; Fenced backyard for outdoor use
More about this property
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