Madison, WI Triplexes for Sale

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Updated: Oct 13

Brick Three-Unit Triplex

614 Spruce Street, Madison, WI 53715

$675,000

0.24 AC lot

Three‑unit brick property built in 1942
Two two‑bedroom apartments and one lower‑level one‑bedroom unit with full‑size windows
Hardwood floors, original woodwork, faux fireplaces, formal dining rooms, and private porches in the two larger units
Detached two‑car garage and private backyard on a 0.24‑acre lot
TR‑C2 zoning

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Updated: Oct 12

Triplex with Tenant Garden Space

714 Emerson Street, Madison, WI 53715

$657,000

0.18 AC lot

Three residential units; fully leased
0.18‑acre lot zoned TR‑C2
Built in 1942
Main‑floor unit has two bedrooms, formal living and dining rooms, and a three‑season porch
Upper‑level deck and tenant yard and garden space

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3-Unit Triplex with Balcony

2069 Winnebago Street, Madison, WI 53704

$600,000

0.10 AC lot

Separate electric meters and rented coin-operated laundry add practical operating features.

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Downtown 3-Unit Triplex

110 S Bassett St, Madison, WI 53703

$774,900

846 sqft

Triplex with a new 2025 roof, newer furnace, and separately metered utilities, fully rented through August 2027.

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Three-Unit Residential Triplex

1013 Colby Street, Madison, WI 53715

$480,000

0.21 AC lot

A detached garage, large backyard, and flexible vacancy in two units add practical features to this Madison property.

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3-Unit Triplex with Front Porches

110 S Bassett Street, Madison, WI 53703

$774,900

0.08 AC lot

Separate electrical meters serve the property's three residential units.

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3-Unit Apartment Building

24 S 2nd Street, Madison, WI 53704

$444,000

0.09 AC lot

A detached garage and city side-street parking serve this residential property.

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High-Performing 3-Flat Investment Property

120-122 N Franklin St, Madison, WI 53703

$1,670,000

2,500 sqft

Rare 14-bedroom investment property in a desirable Madison location.

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Three-Unit Residential Property

2837 Coolidge Street, Madison, WI 53704

$459,900

0.14 AC lot

Three two-bedroom apartments share a lower-level laundry area and common space, with private off-street parking.

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3-Unit Triplex with Decks

554 W Mifflin Street, Madison, WI 53703

$1,080,000

0.05 AC lot

Each residence has a full kitchen, three bedrooms, a bathroom, and a separate living area.

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Downtown Madison 3-Unit Property

554 W Mifflin St, Madison, WI 53703

$1,080,000

756 sqft

9-bedroom, 3-unit property near campus with leases through 2027.

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Triplex with Outdoor Porches

120-122 N Franklin Street, Madison, WI 53703

$1,670,000

0.08 AC lot

Three apartment units offer substantial bedroom capacity, with parking available.

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Triplex with Detached Garage

24 S 2nd St, Madison, WI 53704

$444,000

500 sqft

Three-unit residential income property with two leased units and parking options near downtown Madison.

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Well-Maintained Three-Unit Rental

2837 Coolidge St, Madison, WI 53704

$459,900

766 sqft

Three 2-bedroom, 1-bath units with shared lower-level laundry and private off-street parking.

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Brick Triplex with Garage

664 Sprague Street, Madison, WI 53711

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Recently refreshed apartments feature hardwood floors, private parking, and a newly added driveway.

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Three-Unit Apartment Property

2810 Arbor Drive, Madison, WI 53711

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Fully occupied property with upgraded HVAC and central A/C in every apartment.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 16 Active listings in Madison, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Waterfront Triplex

408 W Lake St, Lake Mills, WI 53551

$480,000

2,410 sqft

Three-unit multifamily property with an updated vacant unit and direct water access.

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Income-Generating Triplex with Private Pool

270 Brook St, Oregon, WI 53575

$799,000

1,000 sqft

Well-maintained triplex with income potential and a private pool.

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Triplex with Private Pool

270 Brook Street, Oregon, WI 53575

$799,000

348.00 AC lot

Three residential units, radiant heating, and on-site parking provide a straightforward multifamily configuration.

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Waterfront Triplex

408 W Lake Street, Lake Mills, WI 53551

$480,000

0.58 AC lot

Three residential units sit on a parcel bordering Mill Pond, with direct access to Rock Lake.

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Madison, WI Triplexes Market Trends and Statistics

Explore 16 triplexes for sale in Madison, WI, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 5,368 square feet of properties for sale, with an estimated market value of $11,269,600.

Sale prices for three-family homes in Madison, WI start at $444,000, averaging $804,971, and reaching up to $1,670,000 — 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

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
53715	$480K
53704	$481.6K
53703	$1.2M

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.

How Realmo verifies these figures

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