Multifamily

Madison, WI Multifamily Properties for Sale

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109 properties
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Two-Unit Duplex with Attached Garages
Updated: Oct 15
Two-Unit Duplex with Attached Garages

1302-1304 S Thompson Drive, Madison, WI 53716

$525,000
0.26 AC lot
Two‑unit duplex on a 0.26‑acre lot
Unit 1302: 1,528 square feet, three bedrooms, two bathrooms, den, and attached one‑car garage
Unit 1304: 1,094 square feet, two bedrooms, two bathrooms, and one‑car garage
Both residences are leased to long‑term tenants; tenants pay all utilities
Built in 1985 with forced‑air heating
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Four-Unit Apartment Building
Updated: Oct 15
Four-Unit Apartment Building

1006 W Badger Road, Madison, WI 53713

$625,000
0.21 AC lot
Four one‑bedroom apartments, each with a full bath, living room, kitchen, and dining area
Fully leased building with on‑site parking
Newer boiler
0.21‑acre parcel zoned SR‑V1
Built in 1959
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4-Unit Apartment Building
4-Unit Apartment Building

1105 W Badger Road, Madison, WI 53713

$550,000
0.28 AC lot

Each residence offers a bedroom, full bath, and individual garage parking.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Updated Duplex With Large Yard
Updated Duplex With Large Yard

6506-6508 Tottenham Rd, Madison, WI 53711

$549,900
909 sqft 0.29 AC lot

Two residences offer distinct bedroom and bathroom configurations with recent interior and exterior improvements.

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6-Unit Apartment Building
6-Unit Apartment Building

1029 W Badger Road, Madison, WI 53713

$899,000
0.28 AC lot

Each apartment has a one-bedroom layout, a full bath, kitchen, and washer-dryer combination.

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Renovated Duplex with Fenced Yard
Renovated Duplex with Fenced Yard

2109-2111 Adderbury Circle, Madison, WI 53711

$575,000
0.34 AC lot

Two residential units sit on a 0.34-acre parcel with garage and open parking.

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Four-Unit Apartment Building
Four-Unit Apartment Building

421 W Doty Street, Madison, WI 53703

$1,298,160
0.10 AC lot

Four apartments offer three-bedroom layouts, with loft dens in two units and balconies throughout.

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Two-Unit Duplex with Balconies
Two-Unit Duplex with Balconies

1631 Jefferson St, Madison, WI 53711

$725,000
672 sqft

Separate utility meters and coin-operated laundry support the property’s two-unit configuration.

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Brick Triplex
Brick Triplex

614 Spruce Street, Madison, WI 53715

$675,000
0.24 AC lot

Three apartments include two two-bedroom homes and a lower-level one-bedroom unit with full-size windows.

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Updated 4-Unit Quadplex
Updated 4-Unit Quadplex

5830 Balsam Road, Madison, WI 53711

$690,000
0.28 AC lot

All four apartments are occupied, with separate electric meters and shared basement laundry.

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High-Performance Duplex with Solar
High-Performance Duplex with Solar

157 Jackson St, Madison, WI 53704

$649,900
580 sqft

Renovated two-unit property with a primary residence, private upper apartment, finished lower level, and detached two-car garage.

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

914 High Street, Madison, WI 53715

$656,000
0.23 AC lot

Two matching residences offer hardwood floors, formal dining areas, and individual laundry hookups.

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Quadplex with Detached Garage
Quadplex with Detached Garage

426 RUSHMORE Lane, Madison, WI 53711

$900,000
0.25 AC lot

One apartment is leased through October 1, 2026, while the other three units are vacant.

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Brick 2-Unit Duplex
Brick 2-Unit Duplex

2029 Jenifer St, Madison, WI 53704

$699,000
1,053 sqft

Each residence has its own front porch and rear deck, with shared laundry and storage in the basement.

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2-Unit Brick Duplex
2-Unit Brick Duplex

2029 Jenifer Street, Madison, WI 53704

$699,000
0.09 AC lot

Each residence has a private porch and rear deck, with laundry and storage in the basement.

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Triplex with Garden Space
Triplex with Garden Space

714 Emerson Street, Madison, WI 53715

$657,000
0.18 AC lot

All three residences are leased, with a two-bedroom main-floor unit and outdoor areas.

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Duplex with Fenced Yard
Duplex with Fenced Yard

173 /175 Division St, Madison, WI 53704

$545,000
876 sqft

Two-flat residence with hardwood floors, porches, rear decks, and a private enclosed yard.

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Triplex with Private Balcony
Triplex with Private Balcony

2069 Winnebago Street, Madison, WI 53704

$600,000
0.10 AC lot

Three separate electric meters, coin-operated laundry, and off-street parking support the property's rental configuration.

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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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Duplex with Finished Lower Level
Duplex with Finished Lower Level

806 - 808 N Gammon Road, Madison, WI 53717

$850,000
0.24 AC lot

Both residences provide three bedrooms and in-unit washer and dryer appliances.

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

914 High St, Madison, WI 53715

$656,000
900 sqft

Both residences have formal dining rooms, hardwood floors, and individual laundry hookups.

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Duplex with Attached Garages
Duplex with Attached Garages

2309/2311 McKenna Boulevard, Madison, WI 53711

$630,000
0.27 AC lot

Both residences offer three bedrooms, one and a half bathrooms, and a two-car garage.

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3-Bedroom Duplex with Private Laundry
3-Bedroom Duplex with Private Laundry

806 - 808 N Gammon Rd, Madison, WI 53717

$850,000
1,736 sqft

Each residence provides three bedrooms, two-and-a-half bathrooms, and its own washer and dryer.

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4-Unit Quadplex with Garages
4-Unit Quadplex with Garages

4706 Jenewein Road, Madison, WI 53711

$850,000
0.22 AC lot

One updated residence is vacant, and occupants pay their own utility costs.

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Madison, WI Multifamily Properties Market Trends and Statistics

Explore 109 multifamily properties for sale in Madison, WI, showcased through 109 active listings on our real estate platform. These investment opportunities span a total of 91,052 square feet of properties for sale, with an estimated market value of $89,368,420.

Sale prices for multifamily properties in Madison, WI start at $250,000, averaging $902,711, 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 53
Quadplexes 18
Triplexes 17
Apartment buildings 15

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
53719 $527.5K
53714 $550.4K
53704 $562.3K
53713 $571.3K
53715 $758.9K

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)

Property Size Breakdown

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

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