Prime Investment or Residence: this downtown Madison gem has recently been remodeled top to bottom and is ideal for investment or owner-occupation. Included is one unit with 4-beds, 3 baths and another unit with 2-beds, 2 baths. They are both fully leased through May 31, 2024. Further enhancing the lifestyle of this downtown residence are four parking spots, large balconies and porches, and indoor bike storage. This property has versatile potential; turn key, low maintenance investment, long-term residence, or future development site. Located in a prime area with easy access to cultural, recreational, entertainment, and economic hubs, including Lake Monona, Monona Terrace, and the Capitol and many restaurants.
Closed
$800,000
138-140 South Franklin Street, Madison, WI 53703
6beds
3,596sqft
Multi Family
Built in 1890
-- sqft lot
$834,800 Zestimate®
$222/sqft
$6,084 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 26, 2024 at 09:04am
Listed by:
Conrad Gorman 608-217-5077,
Berkshire Hathaway HomeServices True Realty
Bought with:
Jordan Bishop
Source: WIREX MLS,MLS#: 1966124
Originating MLS: South Central Wisconsin MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas, Forced Air
Appliances
- Included: Water Softener
Features
- Basement: Full,Finished,Concrete
- Has fireplace: No
Interior area
- Total structure area: 3,596
- Total interior livable area: 3,596 sqft
Property
Parking
- Parking features: Outside
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,920 sqft
Details
- Parcel number: 070913318246
- Zoning: PD
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: Separate Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Electric Meters, Separate Gas Meters
Community & neighborhood
Location
- Region: Madison
- Municipality: Madison
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$834,800
2% more+ $16,696
With Zillow Showcase(estimated)
$851,496