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

N8120 Franklin Rd, Plymouth, WI 53073

Historic multifamily property with varied unit layouts and recent roof, mechanical, and exterior improvements.

Property SizeContact for details
Days on Market4

Property Features for N8120 Franklin Rd

General Information

Standard status Active
Property subtype Multi-Family

Units

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

Building Details

Year Built 1867
Listing Agency: Porch Light Property Management & Real Estate
Listed By: Realty Executives Southeast
Source: Therealestatestudiowi
Added: Sep 14 Changed: Sep 17 Last Checked: Sep 16 at 6:24PM

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 Porch Light Property Management & Real Estate

Investment Insights

Based on property information with market context.

Built in 1867, this multifamily property contains five residential units arranged as one two-bedroom, three one-bedroom, and one studio apartment. The building retains historic character while incorporating several recent improvements, including a newer roof, replacement furnace and water heater, updated gutters and downspouts, and a new rear deck with steps.

The property is located at 8120 N Franklin Rd in Herman, Wisconsin, in a country setting near Lakeland College and Howards Grove. Its combination of varied apartment layouts, established construction, and recent building-system and exterior updates supports continued use as a residential income property.

Key Highlights

  • Five units: one 2‑bedroom, three 1‑bedroom, and one studio
  • Built in 1867 with preserved historic character
  • Newer roof, 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 - Historic multifamily property with varied unit layouts and recent roof, mechanical, and exterior improvements.
Where is this apartment building located?
The property is located at N8120 Franklin Rd 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: Five units: one 2‑bedroom, three 1‑bedroom, and one studio; Built in 1867 with preserved historic character; Newer roof, furnace, and water heater
More about this property
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