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Downtown Madison Multifamily Homes & Duplexes for Sale

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    $1,547,000

    207 S Henry St, Madison, WI 53703

    This is a once in a decade opportunity to own two adjacent properties producing nearly $150K in current gross income just steps from the capitol square. Total of two buildings/parcels, nine units, nine parking spaces!!!! and, for being over 100 years old...in great shape!!!! Many updates throughout. Owner managed and on a block that has been completely transformed over the last 5 years. One

    Ryan Schmitz The Hub Realty

    207 S Henry St, Madison, WI 53703
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    $899,999

    • 1,500 Sq Ft

    304 W Wilson St, Madison, WI 53703

    Discover this exceptional investment opportunity in the heart of downtown! This classic brick exterior is well maintained and ensures durability and timeless curb appeal with a total of 6 units offering a prime location and proven track record of consistent income. The building comprises four efficiency units and two comfortable one bedroom units. All units are currently leased, showing a strong

    Steve Schwartz Restaino & Associates

    304 W Wilson St, Madison, WI 53703

Why Live in Downtown Madison

Downtown Madison, nestled between Lake Mendota and Lake Monona, is the cultural hub of Wisconsin's capital. The neighborhood is in close proximity to the University of Wisconsin-Madison, the state's largest college, making it a vibrant area for students, families, and professionals. The area boasts a diverse mix of shops, restaurants, bars, and live entertainment venues, with many destinations accessible by bike or on foot. State Street, a key retail corridor, features over 300 shopping options, including major retailers and local favorites. Dining options range from Paul’s Pel’meni for Russian dumplings to Sookie’s Veggie Burgers and Rare Steakhouse. Coffee enthusiasts can visit Colectivo Coffee, while cheese lovers can explore Fromagination. Housing in Downtown Madison includes turn-of-the-century homes converted into multi-family units, condo towers, and townhomes, with a significant portion of the population renting. Residents enjoy a variety of live shows at venues like the Orpheum Theater and the Overture Center, and a lively bar scene with spots like Wando’s and Great Dane Pub & Brewing. Outdoor activities are plentiful, with parks such as Alumni Park and James Madison Park offering green spaces and recreational opportunities. The neighborhood is safer than the national average, and transportation is convenient with US-151 and the Metro Transit system. Nearby schools, including Randall Elementary, Hamilton Middle, and West High School, are highly rated. The nearest hospital, UnityPoint Health – Meriter Hospital, is less than 1 mile away, and Dane County Regional Airport is 5 miles northeast.

Home Trends in Downtown Madison, WI

Housing Trends

Median Sale Price
$504,597
Median Single Family Sale Price
$463,500
Median Townhouse Sale Price
$769,900
Median 2 Bedroom Sale Price
$595,000
Median 1 Bedroom Sale Price
$355,000
Average Price Per Sq Ft
$432
Number of Homes for Sale
19
Last 12 months Home Sales
97
Months of Supply
2.40
Median List Price
$492,450
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-5%
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