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    Madison, WI Multifamily Properties for Sale

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    Four-Unit Property with Garage
    Updated: Aug 12
    Four-Unit Property with Garage

    426 RUSHMORE Lane, Madison, WI 53711

    $900,000
    0.25 AC lot
    Four residential units, each measuring 950 sqft
    Detached 4‑car garage plus two additional outdoor spaces
    One unit leased through 10/1/2026; three units vacant
    0.25‑acre parcel zoned SR‑V1
    Lower‑level storage units, yard, and newer appliances
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    Duplex with Garage Parking
    Updated: Aug 28
    Duplex with Garage Parking

    806 - 808 N Gammon Road, Madison, WI 53717

    $850,000
    0.24 AC lot
    Two‑unit duplex with 3 bedrooms per side
    806 side includes 2 1/2 baths and an attached 2‑car garage
    808 side features 3 1/2 baths, a 1‑car garage, and a finished lower level
    Washer and dryer included in both units
    Built in 1989 on 0.2415 acres
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    Updated Duplex with Garages
    Updated Duplex with Garages

    2309/2311 McKenna Boulevard, Madison, WI 53711

    $670,000
    0.27 AC lot

    One residence includes new flooring, cabinetry, fixtures, and a furnace, with forced-air heating throughout the property.

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    Four-Unit Quadplex with Updated Unit
    Four-Unit Quadplex with Updated Unit

    4706-4712 Jenewein Road, Madison, WI 53711

    $850,000
    4,480 sqft

    Well-maintained 4-unit quadplex with three-bedroom, 1.5-bath units, including one updated vacant unit and tenant-paid utilities.

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    Two-Unit Duplex with Fenced Yard
    Two-Unit Duplex with Fenced Yard

    173/175 Division Street, Madison, WI 53704

    $545,000
    0.11 AC lot

    Well-maintained income property with porches, hardwood floors, and off-street parking.

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    Five-Parcel Multifamily Property
    Five-Parcel Multifamily Property

    534,536,538,540 Mifflin & 535 W Dayton Street, Madison, WI 53703

    $5,725,000
    0.48 AC lot

    Five contiguous parcels include multi-unit buildings, rear parking areas, and driveway access from two streets.

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    Four-Unit Quadplex with Garages
    Four-Unit Quadplex with Garages

    4706 Jenewein Road, Madison, WI 53711

    $850,000
    0.22 AC lot

    A Madison income property with one renovated vacant unit and tenant-paid utilities.

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    Well-Maintained Four-Unit Multifamily
    Well-Maintained Four-Unit Multifamily

    4706 Jenewein Road, Madison, WI 53711

    $850,000
    4,480 sqft

    Four-unit property with updated vacant unit, private 1-car garages, and recent exterior improvements for manageable ownership.

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    Townhouse-Style Quadplex
    Townhouse-Style Quadplex

    41-47 Sunfish Court, Madison, WI 53713

    $1,095,000
    0.47 AC lot

    Three-story unit layouts include private basements, while garage parking supports the property’s residential configuration.

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    Two-Unit Duplex with Shared Garage
    Two-Unit Duplex with Shared Garage

    637 W Lakeside Street, Madison, WI 53715

    $600,000
    0.12 AC lot

    1931 property offers separate heating and water systems, off-street parking, and basement storage.

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    7-Unit Apartment Building with Townhome Unit
    7-Unit Apartment Building with Townhome Unit

    3712-3724 Lien Rd, Madison, WI 53704

    $1,099,900
    900 sqft

    Seven-unit property includes a townhome-style residence with private laundry and unfinished basement space.

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    Two-Unit Duplex with Garage
    Two-Unit Duplex with Garage

    58-60 S Bryan Street, Madison, WI 53714

    $600,000
    0.11 AC lot

    Residential income property with hardwood floors, on-site laundry, storage, and access to a nearby bike path.

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    32-Unit Apartment Building
    32-Unit Apartment Building

    7502 Westward Way, Madison, WI 53717

    $3,500,000
    0.83 AC lot

    West-side apartment property with individual PTAC systems, basement storage, surface parking, and on-site laundry.

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    Duplex With Attached Two-Car Garage
    Duplex With Attached Two-Car Garage

    58-60 S Bryan St, Madison, WI 53714

    $600,000
    1,126 sqft

    Two-unit property with hardwood floors, onsite laundry, storage, and a new furnace and central A/C in Unit 1.

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    Two-Flat Duplex with Bay Windows
    Two-Flat Duplex with Bay Windows

    1010 E Gorham Street, Madison, WI 53703

    $625,000
    0.08 AC lot

    Historic Madison property with two residential units and a remodeled upper-level residence.

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    7-Unit Apartment Building
    7-Unit Apartment Building

    3712-3724 Lien Road, Madison, WI 53704

    $1,099,900
    0.37 AC lot

    Radiant-heated property with shared basement laundry and a townhome-style unit with private laundry.

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    Two-Unit Duplex with Bay Windows
    Two-Unit Duplex with Bay Windows

    1010 E Gorham St, Madison, WI 53703

    $625,000
    1,298 sqft

    Two residences include a remodeled upper unit and preserved turn-of-the-century architectural features.

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    Four-Unit Apartment Property
    Four-Unit Apartment Property

    928 Spaight Street, Madison, WI 53703

    $795,000
    0.10 AC lot

    Fully leased apartment property with shared laundry, a front porch, and on-site parking.

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    Updated Townhouse-Style Multifamily Property
    Updated Townhouse-Style Multifamily Property

    41-47 Sunfish Ct, Madison, WI 53713

    $1,095,000
    1,088 sqft

    Three-level units with private basements, recent exterior improvements, and proximity to downtown Madison and bus routes.

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    Duplex With Updated Kitchens
    Duplex With Updated Kitchens

    1002-1004 Severson Drive, Madison, WI 53718

    $949,900
    0.51 AC lot

    Each residence includes a second lower-level living room and access to a private deck.

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    Historic Two-Unit Duplex
    Historic Two-Unit Duplex

    1227 Spaight St, Madison, WI 53719

    $530,000
    375 sqft

    Flexible residential property with a three-bedroom unit, separate efficiency, and potential to return to single-family use.

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    14-Bedroom Triplex Property
    14-Bedroom Triplex Property

    120-122 N Franklin Street, Madison, WI 53703

    $1,670,000
    0.08 AC lot

    Three separate apartments with large layouts, outdoor porches, parking, and a newer boiler in Madison’s rental market.

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    Four-Plex Residential Income Property
    Four-Plex Residential Income Property

    58 Sunfish Ct, Madison, WI 53713

    $799,000
    890 sqft

    Four well-maintained units built in 1987, featuring in-unit laundry and attached single-car garages for every unit.

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    Eight-Bedroom Duplex with Parking
    Eight-Bedroom Duplex with Parking

    124 N Franklin Street, Madison, WI 53703

    $900,000
    0.08 AC lot

    Two oversized residential units include off-street parking and a newer boiler.

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    Madison, WI Multifamily Properties Market Trends and Statistics

    Explore 143 multifamily properties for sale in Madison, WI, showcased through 143 active listings on our real estate platform. These investment opportunities span a total of 243,509 square feet of properties for sale, with an estimated market value of $103,192,400.

    Sale prices for multifamily properties in Madison, WI start at $314,900, averaging $964,414, and reaching up to $5,725,000 — 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

    Commercial property segments ranked by active listings on the market

    Duplexes 72
    Apartment buildings 27
    Quadplexes 23
    Triplexes 11
    Short term rental properties 1

    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 average listing prices of real estate assets

    Neighborhood Average Price
    53713 $567K
    53714 $576K
    53704 $630.3K
    53719 $653.3K
    53715 $789.1K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Dane County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Dane County

    Office

    Property Size Breakdown

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

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    Browse Multifamily properties for Sale Near Madison, WI

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    Most Searched ZIP Codes in Madison, WI

    • 53703
    • 53704
    • 53711
    • 53713
    • 53715
    • 53719
    • 53717
    • 53718
    • 53714
    • 53705

    Featured Madison Real Estate Agencies

    Realmo connects you with licensed Madison CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Sprinkman Real Estate
    613 Williamson St #202 Madison, WI 53703
    Phone: 16082201453
    www.sprinkmanrealestate.com
    Realty Executives Cooper Spransy
    5940 Seminole Centre Court, Suite 310 Madison, WI 53711
    Phone: 16086617901
    www.RealtyExecutivesCS.com

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