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    Madison, WI Multifamily Properties for Sale

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    Middleton, WI Waunakee, WI Verona, WI
    46 results
    Side-by-Side Two-Story Duplex
    $720,000
    0.27 Acres

    Side-by-Side Two-Story Duplex

    2309/2311 McKenna Boulevard, Madison, WI 53711

    Updated duplex with a fresh lease on one side and strong combined rental income potential.

    • Duplex built in 1991 with brick construction and forced‑air heating
    • One side recently updated with new flooring, cabinets, fixtures, and furnace
    • New lease in place at $2,600; combined rents bring in over $5,000 per month
    • Basement included
    • Garage parking
    Updated: May 8
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    Stabilized 7-Unit Townhouse Apartment
    $1,099,900
    0.37 Acres

    Stabilized 7-Unit Townhouse Apartment

    3712-3724 Lien Road, Madison, WI 53704

    Well-maintained 7-unit building with long-term tenants, shared basement laundry, and rent upside through targeted repricing.

    • 7‑unit multifamily building in Madison built in 1971 with stabilized long‑term tenancy
    • Current rents range from $1,100 to $1,400, with two active renewal offers accepted at $1,250
    • Six units are similar in size and share laundry in the basement
    • Unit 3724 features a townhome‑style layout with upper‑level bedrooms and a private unfinished basement with dedicated laundry
    • Basement included and laundry setup located in the basement for shared and unit‑specific use
    Updated: Jun 1
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    Two-Unit Duplex in Walkable Neighborhood
    $595,000
    0.05 Acres

    Two-Unit Duplex in Walkable Neighborhood

    Character-rich two-flat with updated kitchens, shared basement laundry, and porches in a highly walkable area.

    307 S Baldwin Street, Madison, WI 53703
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    Side-by-Side Duplex Investment
    $949,900
    0.51 Acres

    Side-by-Side Duplex Investment

    Well-maintained side-by-side duplex with updated kitchens, private decks, and walkout lower levels on an oversized corner lot.

    1002-1004 Severson Drive, Madison, WI 53718
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    Turn-Key 3-Unit Residential Income
    $1,345,000
    0.05 Acres

    Turn-Key 3-Unit Residential Income

    Three leased units with full kitchens, decks, and on-site parking provide an income-focused downtown Madison investment.

    554 W Mifflin Street, Madison, WI 53703
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    Side-by-Side Duplex With Garages
    $649,900
    0.27 Acres

    Side-by-Side Duplex With Garages

    Corner-lot duplex with townhouse-style layouts and two-car garages, offering privacy and flexible living or investment options.

    6934/6938 Chester Drive, Madison, WI 53719
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    Six-Unit Multifamily Investment
    $3,200,000
    0.23 Acres

    Six-Unit Multifamily Investment

    Side-by-side 6-unit property with 27 bedrooms and off-street parking, positioned for reliable rental demand.

    120-126 N Franklin Street, Madison, WI 53703
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    Madison Multifamily Investment Opportunity
    $699,500
    0.10 Acres

    Madison Multifamily Investment Opportunity

    Multifamily property in desirable Madison location near downtown and campus.

    1332 E Dayton Street, Madison, WI 53703
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    Townhouse-Style Quadplex
    $1,600,000
    0.39 Acres

    Townhouse-Style Quadplex

    Built in 2019 with four cash-flowing units, low-maintenance features, and off-street parking to support strong rental appeal.

    6062 Driscoll Drive, Madison, WI 53718
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    Madison Apartment Building For Sale
    $700,000
    0.10 Acres

    Madison Apartment Building For Sale

    Excellent rental property with strong financial and lease history.

    736 E Johnson Street, Madison, WI 53703
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    Madison Investment Property Near Campus
    $815,000
    0.07 Acres

    Madison Investment Property Near Campus

    Two-flat investment property near campus, rented through August 2027.

    508-510 W Mifflin Street, Madison, WI 53703
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    3-Flat Investment Property
    $1,670,000
    0.08 Acres

    3-Flat Investment Property

    Well-maintained Madison 3-flat with oversized units and outdoor porches, offering strong current income and upside.

    120-122 N Franklin Street, Madison, WI 53703
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    Two-Flat Residential Income Property
    $900,000
    0.08 Acres

    Two-Flat Residential Income Property

    Spacious side-by-side two-flat with off-street parking and strong current income potential for long-term investors.

    124 N Franklin Street, Madison, WI 53703
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    Brick Mixed-Use Property with Café
    $1,000,000
    0.09 Acres

    Brick Mixed-Use Property with Café

    Fully leased two-story mixed-use asset with updated ground-floor coffee and wine bar plus a distinctive 2BR+den apartment.

    11 N Allen Street, Madison, WI 53726
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    Mixed-Use Corner Building
    $1,179,900

    Mixed-Use Corner Building

    Two-story mixed-use building with residential units and flexible main-level commercial space on a corner lot.

    702 W Wingra Drive, Madison, WI 53715
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    Two-Story Duplex with Private Entrances
    $395,000
    0.12 Acres

    Two-Story Duplex with Private Entrances

    Flexible two-unit property with separate meters, 2-car garage, and MTM leases for investors or owner-occupants.

    1913 E Washington Avenue, Madison, WI 53704
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    Corner Mixed-Use Building with Retail
    $1,195,000

    Corner Mixed-Use Building with Retail

    Three downstairs retail suites and three apartments upstairs support flexible income while offering basement laundry and storage.

    2350 E Washington Avenue, Madison, WI 53704
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    Well-Maintained Side-by-Side Duplex
    $425,000
    0.63 Acres

    Well-Maintained Side-by-Side Duplex

    A versatile duplex with private entrances, ample parking, and recent major updates for strong rental or owner-occupant use.

    4002-4004 Bruns Avenue, Madison, WI 53714
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    Two-Flat Duplex with Private Yard
    $359,900
    0.09 Acres

    Two-Flat Duplex with Private Yard

    A two-unit duplex offering covered entry, shared basement access, and interior updates suited for investors or owner-occupants.

    217 N 6th Street, Madison, WI 53704
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    Prime Redevelopment Opportunity in Madison
    $10,000,000
    1.53 Acres

    Prime Redevelopment Opportunity in Madison

    1.534 acre lot with city approval for apartments/hotel.

    522 E Wilson Street, Madison, WI 53703
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    Madison Duplex with Rental History
    $439,000
    0.21 Acres

    Madison Duplex with Rental History

    Well-maintained duplex in a desirable location with proven rental history.

    814-816 Acewood Boulevard, Madison, WI 53714
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    Two-Flat Investment with Outdoor Living
    $495,000
    0.13 Acres

    Two-Flat Investment with Outdoor Living

    A two-unit property with quality flooring and eat-in kitchens, ideal for starting a portfolio or owner-occupying in Madison.

    2138 E Johnson Street, Madison, WI 53704
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    West Side Four-Unit Investment
    $550,000
    4,990 SF

    West Side Four-Unit Investment

    Four-unit property with upside potential on Madison's west side.

    5837 Raymond Road, Madison, WI 53711
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    Spacious 2-Flat Near James Madison Park
    $900,000
    2,697 SF

    Spacious 2-Flat Near James Madison Park

    8-bedroom property generating over $7,100/month with upside potential.

    124 North Franklin Street, Madison, WI 53703
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    Madison, WI Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Madison, WI, showcased through 46 active listings on our real estate platform. These investment opportunities span a total of 34,750 square feet of properties for sale, with an estimated market value of $9,894,900.

    Sale prices for multifamily properties in Madison, WI start at $549,900, averaging $1,099,433, and reaching up to $3,580,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Duplexes 25
    Apartment buildings 14
    Triplexes 5
    Quadplexes 3

    Property Size Breakdown

    The majority of commercial real estate listings in Madison fall within the 100,000+ square foot range.

    Demographics Overview

    Population 309K
    Population Growth (5Y) +2.9%
    Median Household Income $76,348
    College Educated 30.0%

    High-Yield Neighborhoods for Investment

    Identify Madison submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    53714 $459.8K
    53704 $591.4K
    53711 $759.2K
    53726 $1M
    53718 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.78%
    Property Tax per SF $25.86 per sq ft
    Average Loan-to-Value 65.0%

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