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Investment - Homes for Sale in Madison, WI

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  • /32

    $314,900

    $24K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 860 Sq Ft

    5513 Old Middleton Rd, Madison, WI 53705

    Possible 2.5% Assumable VA Mortgage! Ask for details. Single-family home in Madison for about the price of many condos — without the HOA. The perfect place to start building equity for a first time home buyer or a great option for an investment property! The remodeled kitchen opens to a comfortable living space, including a cozy fireplace with a newer insert. A true highlight is the 3-season room

    Agent Photo

    Marissa Pruitt

    First Weber Inc

    5513 Old Middleton Rd, Madison, WI 53705
  • /31

    $194,900

    $20K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 995 Sq Ft

    2850 Cimarron Trail Unit 1, Madison, WI 53719

    No breed restrictions for your furbabies! HOA allows units to be rented as long as they comply with HOA regulations! Free common laundry. Welcome home to this move-in-ready first-floor condo in Madison's desirable west side! Offering 2 bedrooms, 1 bathroom, and 945 square feet of comfortable living space, this inviting home features fresh paint, updated flooring in the spacious living room, and

    Agent Photo

    Kayleigh Chrostowski

    Rock Realty

    2850 Cimarron Trail Unit 1, Madison, WI 53719
  • /18

    $159,900

    • 2 Beds
    • 1 Bath
    • 665 Sq Ft

    5351 Garden View Ct, Madison, WI 53713

    Live Your Best Life: Condo Near Lake Monona Why compromise? This turn-key 2-bedroom condo offers the perfect blend of modern updates and an unbeatable location. Enjoy a bright and open layout with a seamless flow from the eat-in kitchen to the main living area. Recent major investments, including new windows (2019) with a transferable warranty and a new roof (2018), protect your investment for

    Agent Photo

    Lisa Avila

    Home Pros

    5351 Garden View Ct, Madison, WI 53713
  • /27

    $530,000

    $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,376 Sq Ft

    1227 Spaight St, Madison, WI 53703

    Historic charm meets incredible flexibility at 1227 Spaight Street! This inviting home is currently configured as a 2-unit property, featuring a spacious 3-bedroom unit plus a separate efficiency, ideal for rental income, owner-occupancy, guests, or a home office. Prefer single-family living? The property can be restored to its original single-family configuration, offering exceptional

    Agent Photo

    Tiffany Malone

    Compass Real Estate Wisconsin

    1227 Spaight St, Madison, WI 53703
  • /46

    $630,000

    $90K PRICE DROP
    • 2,808 Sq Ft

    2309 Mckenna Blvd, Madison, WI 53711

    Back on the market after recent updating! One side of this duplex now has new flooring, cabinets, fixtures and furnace. With a fresh lease in place of $2660, the combined rents now bring in over $5000 per month. 3 Bedrooms, 1.5 baths each side with 2 car garages. Great investment property for starting out or adding to a portfolio.

    Agent Photo

    Eric Olson

    Bunbury & Assoc, REALTORS

    2309 Mckenna Blvd, Madison, WI 53711
  • /36

    $439,000

    • 3 Beds
    • 2.5 Baths
    • 2,122 Sq Ft

    5306 Camilla Rd, Madison, WI 53716

    Show 9/17. Gorgeous ranch with huge conditioned sunroom looking out on to more than 1/4 acre fenced yard. Fresh finishes and updates abound. Seller's just bought this lovely home 1.87 years ago and now jobs require a move. In that time they have made significant investment. New rear yard patio, brand new fencing, all new HVAC, new flooring, new fridge, stove, microwave, dryer, the water heater

    Ben Anton Lauer Realty Group, Inc.

    5306 Camilla Rd, Madison, WI 53716
  • /59

    $375,000

    • 3 Beds
    • 2 Baths
    • 1,042 Sq Ft

    54 S Bryan St, Madison, WI 53714

    Looking for an affordable way into Madison’s East Side? Start here. This 3-bedroom, 2-bath bungalow offers an inviting mix of original character, useful updates, and room to make it your own. Refinished hardwood floors, abundant natural light, a main-level bedroom, and an easy-flowing layout create a comfortable place to call home. Big-ticket improvements include a newer roof, 200-amp electrical

    Anna Trull Stark Company, REALTORS

    54 S Bryan St, Madison, WI 53714
  • /6

    $1,120,000

    • 3,200 Sq Ft

    3802 Lien Rd, Madison, WI 53704

    Located on Madison's thriving east side, Freedom Park Apartments offers investors the opportunity to acquire a well-positioned multifamily asset in a high-demand rental market. Surrounded by established neighborhoods and just minutes from major employers, shopping, restaurants, and everyday conveniences, the property is ideally situated to attract and retain quality tenants. The community

    Chris Gantz Patriot Properties

    3802 Lien Rd, Madison, WI 53704
  • /19

    $999,900

    • 3,200 Sq Ft

    914 N Oak St, Madison, WI 53704

    Excellent investment opportunity! This six-unit apartment building features spacious 2-bedroom, 1-bathroom units, each designed for comfortable living. With all units currently rented, the property generates over $97,000 in annual income. Well-maintained and ideally located, this income-producing property is perfect for both seasoned investors and those looking to start or expand their portfolio.

    Eric Breidel Investment Realty Services LLC

    914 N Oak St, Madison, WI 53704
  • /78

    $2,900,000

    $300K PRICE DROP
    • 6,654 Sq Ft

    120 N Franklin St, Madison, WI 53703

    Rare opportunity to own the 120–126 N. Franklin St portfolio, a 6-unit, 27-bedroom side-by-side investment property in a premier rental location near James Madison Park. This exceptionally well-maintained portfolio offers strong in-place income, consistent tenant demand, and easy leasing year after year. The property currently generates $315,254 in annual income with pro forma projections of

    Imani Jones EXIT Realty HGM

    120 N Franklin St, Madison, WI 53703
  • /41

    $475,000

    • 412 Sq Ft

    135/137 Division St, Madison, WI 53704

    Beautiful home in the Atwood neighborhood. This home was originally a single family home. The current owner has maintained it as an investment property for the last 14 years. The exposed basement was converted into efficiency apartment in 2018. The entrance is very private. The original staircase connecting the basement to the upper house is still intact, simply removing two areas of drywall and

    Kyle Humphrey First Weber, Inc

    135/137 Division St, Madison, WI 53704
  • /21

    $1,171,000

    • 2,246 Sq Ft

    535 W Dayton St, Madison, WI 53703

    A+ location for this campus investment property! This two-flat is in the heart of downtown Madison. It has two apartments, each with 4 bedrooms and 1 bath and a huge back parking lot. The tenants pay their own electricity and there is substantial income from the separately leased parking spots. $5,615 in rent, $80 in laundry income, and $405 in parking yields a gross annual income of $73,200.

    Caleb Payne Madcityhomes.Com

    535 W Dayton St, Madison, WI 53703
  • /24

    $600,000

    $40K PRICE DROP
    • 2,560 Sq Ft

    2069 Winnebago St, Madison, WI 53704

    Prime Near East Side 3-unit investment opportunity just steps from Schenk’s Corners. This well-maintained property offers character, strong rental history, and highly desirable layouts, with hardwood floors, formal dining rooms in the first and second-floor units, inviting porches, a private third-floor balcony, and three off-street parking spaces. Major improvements include electrical updates, a

    Sarah Gabrielse Real Broker LLC

    2069 Winnebago St, Madison, WI 53704
  • /23

    $900,000

    • 2,697 Sq Ft

    124 N Franklin St, Madison, WI 53703

    Rarely do you find a 2-flat with this much size, income, and upside all in one package! Located right next to James Madison Park, this 8-bedroom property is already generating over $7,100/month with potential to push rents beyond $8,200/month. The oversized units, off-street parking, unbeatable location, and classic charm make these apartments incredibly easy to rent year after year. Well

    Imani Jones EXIT Realty HGM

    124 N Franklin St, Madison, WI 53703
  • /63

    $719,000

    $31K PRICE DROP
    • 1,730 Sq Ft

    137 Proudfit St, Madison, WI 53715

    Opportunity awaits with this charming 2-unit investment property in a highly desirable Madison location! Featuring a vacant 4-bedroom, 2-bath unit, this property offers excellent flexibility for an owner-occupant or the ability to maximize rental income with a new tenant. The second unit is a cozy 1-bedroom, 1-bath apartment, providing an additional income stream. Full of timeless character and

    Rose Freidel First Weber Inc

    137 Proudfit St, Madison, WI 53715
  • /47

    $239,900

    $10K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,185 Sq Ft

    141 Metro Terrace Unit 203, Madison, WI 53718

    Whether you're buying your first home, looking for low-maintenance living & community, or hoping to offset your mortgage w/ a roommate, Unit 203 at 141 Metro Terrace, conveniently located for your commute & daily needs, is an affordable, natural choice for YOU! This 2 bed, 2 bath, thoughtfully designed condo, w/ newer carpet, light fixtures & windows, in unit laundry, an updated balcony, &

    Tiffany Shields Century 21 Affiliated

    141 Metro Terrace Unit 203, Madison, WI 53718
  • /41

    $850,000

    • 4,480 Sq Ft

    4706 Jenewein Rd, Madison, WI 53711

    Excellent opportunity to own a well-maintained 4-unit property in one of the strongest multifamily markets in the country. This property offers a rare and preferred 3 Bedroom, 1.5 Bath Units with a proven rental history, stable occupancy, and room to increase rents providing both immediate cash flow and future upside. Tenants love having a private 1 car garage and the convenient location. One

    Jon Poletti Haven Real Estate Partners

    4706 Jenewein Rd, Madison, WI 53711
  • /11

    $350,000

    $50K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,248 Sq Ft

    846 Dane St, Madison, WI 53713

    Great opportunity in a prime Madison location on Dane Street! This well-situated property offers excellent potential for investors or owner-occupants. The upper unit is currently rented, providing immediate rental income, while the property still offers flexibility for future use. Located near downtown, parks, restaurants, and major amenities, this property combines strong location value with

    Michael Conigliaro Expert Realty

    846 Dane St, Madison, WI 53713
  • /8

    $114,000

    • 1 Bed
    • 1 Bath
    • 584 Sq Ft

    2329 Carling Dr Unit 2, Madison, WI 53711

    Affordable Madison condo offering a great investment opportunity. Currently rented at $965/month through 4/30/2027, providing immediate rental income for the next owner. The unit features an updated bathroom vanity and sink and two off-street parking stalls. Monthly condo fees include heat, water/sewer, common area cleaning, snow removal, and lawn care. Convenient South Side location with easy

    Justin May Realty Executives Cooper Spransy

    2329 Carling Dr Unit 2, Madison, WI 53711
  • /68

    $900,000

    • 3,800 Sq Ft

    426 Rushmore Ln, Madison, WI 53711

    Fantastic opportunity for investors to secure a cash-flowing multi-family property on Madison’s West side, close to parks, schools, and the bus line. One unit is currently leased through 10/1/2026, providing immediate income, and the other three are vacant and ready to be rented. Median market rent is $1600/month granting you a stable cash flow each month. Each unit offers 950 sqft and a smart,

    Dan Chin Homes Team Real Broker LLC

    426 Rushmore Ln, Madison, WI 53711
  • /36

    $3,500,000

    • 1,810 Sq Ft

    7502 Westward Way, Madison, WI 53717

    Exceptional multi-family investment opportunity on Madison's west side. Westward Manor features 32 units - 24 efficiencies and 8 one-bedroom layout options - totaling 21,108 gross sq. ft. Built in 1984, high occupancy (96.9%) and potential for rent improvement. Roof replacement in 2017. Each unit is equipped with individual PTAC Heating & Cooling units, dedicated basement storage and off-street

    Christopher Stark Stark Company, REALTORS

    7502 Westward Way, Madison, WI 53717
  • /14

    $975,000

    • 2,970 Sq Ft

    18 W Gilman St, Madison, WI 53703

    Rare opportunity to own a 4-unit investment property in Madison's highly desirable Mansion Hill neighborhood. Excellent location near the Capitol, UW-Madison campus, State Street and downtown amenities. Property features a desirable unit mix consisting of one 3-bedroom, one 2-bedroom and two 1-bedroom apartments, plus a 2-car garage and 2 additional surface parking spaces. Proforma gross annual

    Matt Apter Cresa

    18 W Gilman St, Madison, WI 53703
  • /26

    $949,900

    $150K PRICE DROP
    • 4,320 Sq Ft

    1002 Severson Dr, Madison, WI 53718

    This spacious, well-maintained duplex on Madison’s East Side offers a fantastic opportunity for investors and/or homeowners! Each side features 4 bedrooms and 3 full bathrooms, including a private en-suite with double vanities and walk-in closets in the main bedrooms. The open-concept living and dining areas provide ample space, while a second living room in the lower level adds flexibility. Both

    Jason Berning Realty Executives Cooper Spransy

    1002 Severson Dr, Madison, WI 53718
  • /39

    $309,900

    $20K PRICE DROP
    • 2 Beds
    • 1.5 Baths
    • 1,204 Sq Ft

    3810 E Washington Ave, Madison, WI 53704

    Welcome home to 3810 E. Washington Ave! This well-maintained property offers a perfect blend of character, comfort, and convenience. Inside, you'll find bright, inviting living spaces filled with natural light, a functional layout, and plenty of room to make it your own. Whether you're a first-time buyer, looking to downsize, or searching for an investment opportunity, this home checks all the

    Josh Page Sprinkman Real Estate

    3810 E Washington Ave, Madison, WI 53704
  • /33

    $680,000

    $30K PRICE DROP
    • 3,192 Sq Ft

    14 N Franklin St, Madison, WI 53703

    Classic downtown 3-unit in an unbeatable location! New roof. Just blocks from the Capitol Square and James Madison Park, this well-maintained property offers the perfect combination of historic charm and investment potential. Residents will love the inviting front and back decks, ideal for relaxing or entertaining, while enjoying easy access to downtown dining, shopping, entertainment, and the

    Jeffrey Cullen Weichert, Realtors- Lakepoint

    14 N Franklin St, Madison, WI 53703
  • /65

    $529,500

    • 4 Beds
    • 3.5 Baths
    • 2,284 Sq Ft

    6605 Old Sauk Rd, Madison, WI 53705

    Experience sophisticated Bauhaus-style living in this sleek architectural masterpiece. Spanning 2,284 sq ft, this unique home features 10ft ceilings on the main level w/ an open kitchen, dining, and great room wrapped in massive, glazed windows that blend nature and privacy. Perfect for those seeking high quality yet a simple lifestyle, or for those who are looking for a high-yield Airbnb/Vrbo

    Yishu Jiang Tri-River Realty

    6605 Old Sauk Rd, Madison, WI 53705
  • /12

    $480,000

    • 900 Sq Ft

    1013 Colby St, Madison, WI 53715

    First time on the market in 30 years! Great investment opportunity in popular Madison location. 3 total units, (2) two bedroom/ 1 bath units and (1) one bedroom/ 1 bath unit. Detached garage currently used for storage, huge backyard. Unit 2 & 3 are currently being left vacant for possible owner occupied purchase.

    Joshua Pelletter Rockwood Realty Group

    1013 Colby St, Madison, WI 53715
  • /37

    $850,000

    • 3,472 Sq Ft

    806 - 808 N Gammon Rd, Madison, WI 53717

    Great opportunity to own a well-maintained duplex in a desirable Madison west-side location! Whether you're looking to owner-occupy with rental income or just a solid investment property, 806-808 N Gammon Rd offers both options. Each side features 3 bedrooms, spacious living accommodations and an attractive layout. Both units include washer & dryer. 806 N Gammon has 2 ½ baths and an attached 2

    Cindy Heberling Lannon Stone Realty LLC

    806 - 808 N Gammon Rd, Madison, WI 53717
  • /24

    $799,000

    $50K PRICE DROP
    • 3,560 Sq Ft

    58 Sunfish Ct, Madison, WI 53713

    Quality 4-plex's in Madison are virtually nonexistent, making this Madison opportunity one you won't want to overlook. Three units are currently leased with a fourth vacant and move-in ready, ideal for an owner-occupant or immediate lease-up. Pro-forma rents of $1,500 to $1,600 per unit put projected gross annual income near $75,000 with strong upside potential. Built in 1987 and thoughtfully

    Brad Chapman Real Broker LLC

    58 Sunfish Ct, Madison, WI 53713
  • /63

    $625,000

    $35K PRICE DROP
    • 2,444 Sq Ft

    1010 E Gorham St, Madison, WI 53703

    Your investment portfolio starts here, in the beautiful Tenney-Lapham neighborhood. This two-flat property is the heart of Madison, and beautifully showcases turn-of-the-20th-century details you can't pay for today: original woodworking, hardwood flooring, large bay windows, and pocket doors. The main floor is a lovely 2-bed/1-bath unit, and the remodeled upper unit is the 2nd & 3rd floor of the

    Lane Manning Realty Executives Cooper Spransy

    1010 E Gorham St, Madison, WI 53703
  • /24

    $985,000

    • 4,932 Sq Ft

    334 W Wilson St, Madison, WI 53703

    Rare downtown Madison investment opportunity just three blocks from the State Capitol. This multifamily residential income property offers immediate rental revenue with exceptional long-term redevelopment potential in one of the city’s most desirable and supply-constrained locations. Ideal for investors or developers seeking a well-positioned asset with multiple paths to create value. Secure a

    Dan Bertelson RE/MAX Preferred

    334 W Wilson St, Madison, WI 53703
  • /32

    $1,670,000

    • 5,544 Sq Ft

    120 N Franklin St, Madison, WI 53703

    120-122 N Franklin St is a rare opportunity to own a high-performing 3-flat investment property with an incredible 14 bedrooms in one of Madison’s most desirable rental locations. Currently generating over $13,500/month in income with potential to exceed $14,500/month, this property offers immediate cash flow and strong upside potential. Located steps from James Madison Park, tenants love the

    Imani Jones EXIT Realty HGM

    120 N Franklin St, Madison, WI 53703
  • /2

    $112,000

    • Land
    • 16.8 Acres
    • $6,667 per Acre

    3528 Old Gate Rd, Madison, WI 53704

    Enjoy over 16 acres of beautiful nature in the City of Madison. No street or vehicular access at this point so not a buildable site. Never say Never to possible future development. Anything can change in time. Was told that it was farmed before. There are some wetland. There are 2 possible walking accesses through city owned lands on Old Gate Road (crossing creek) and Westerfield Lane (thru city

    Koua Vang Koua Vang

    3528 Old Gate Rd, Madison, WI 53704
  • /13

    $650,000

    • 5 Beds
    • 2 Baths
    • 1,742 Sq Ft

    126 N Franklin St, Madison, WI 53703

    Income properties this close to downtown Madison rarely pencil this well. Just around the corner from James Madison Park, this 5-bed, 2-bath rental is consistently easy to lease thanks to its unbeatable location near campus, downtown restaurants, nightlife, and the lake. Currently rented at $4,295/month with projected rents up to $4,750/month, there’s immediate upside for the next owner. The

    Imani Jones EXIT Realty HGM

    126 N Franklin St, Madison, WI 53703
  • /36

    $545,000

    • 1,752 Sq Ft

    173/175 Division St, Madison, WI 53704

    Madison East side living at its best in the desirable Schenk/Atwood neighborhood...beautifully maintained two-flat on a quiet street, surrounded by large mature trees with open front and back porches and decks in back overlooking the private fenced in yard. Hardwood floors throughout with a walk up attic for extra storage. Close to a park, bus line, shops...great investment opportunity or owner

    Keith Skeen Real Broker LLC

    173/175 Division St, Madison, WI 53704
  • /19

    $1,200,000

    • 3,200 Sq Ft

    1725 Onsgard Rd, Madison, WI 53704

    Freedom Park Apartments presents an excellent opportunity to acquire an eight-unit multifamily property in one of Madison's established East side neighborhoods. Conveniently located near major employers, shopping, dining, parks, and key transportation routes, the property is well positioned to attract and retain long-term tenants. The community features eight spacious 2-bedroom, 1-bathroom

    Chris Gantz Patriot Properties

    1725 Onsgard Rd, Madison, WI 53704
  • /28

    $199,900

    $10K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,019 Sq Ft

    904 Whispering Pines Way, Fitchburg, WI 53713

    This unit now qualifies for "warranted/conventional" 30 year fixed financing. Bright & clean condo w/ desirable private entrance & in-unit laundry. Home has new vinyl flooring in the kitchen, dining room, bathroom. New carpet in the living room hallway and bedrooms. Spacious floor plan features open living/dining area, private deck with a storage room, kitchen with new appliances. Full bath has

    Eric Castleberg EXP Realty, LLC

    904 Whispering Pines Way, Fitchburg, WI 53713
  • /13

    $249,000

    • 2 Beds
    • 1 Bath
    • 866 Sq Ft

    2051 Allen Blvd Unit 201, Middleton, WI 53562

    Conveniently located near shopping, restaurants, and the bus line, this beautifully updated end-unit condo offers comfort, convenience, and investment potential. Featuring 2 bedrooms, 1 full bath, an open layout, in-unit washer and dryer, and a spacious private balcony, this home is move-in ready. Enjoy the convenience of heated underground parking with one assigned space, elevator access, and

    Donna LaBarge Badger Realty Team

    2051 Allen Blvd Unit 201, Middleton, WI 53562
  • /27

    $199,900

    $10K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,019 Sq Ft

    306 Whispering Pines Way Unit 306, Fitchburg, WI 53713

    This unit now qualifies for "warranted/conventional" 30 year fixed financing. Bright & clean condo w/ desirable private entrance & in-unit laundry. Home has new vinyl flooring in the kitchen, dining room, bathroom. New carpet in the living room hallway and bedrooms. Spacious floor plan features open living/dining area, private deck with a storage room, kitchen with new appliances. Full bath has

    Eric Castleberg EXP Realty, LLC

    306 Whispering Pines Way Unit 306, Fitchburg, WI 53713
  • /32

    $899,000

    $61K PRICE DROP
    • 5,482 Sq Ft

    1214 N High Point Rd, Middleton, WI 53562

    Excellent Investment Opportunity in prime Middleton Location! Well-maintained duplex in the heart of Middleton, minutes from Downtown Middleton and Greenway Station. Property features two spacious units: both 3 bed, 2.5 baths, fully finished basements for additional living space, and sunroom/office that could be used as a 4th bedroom. Units have private entrance, their own 2 car garage, and are

    Michael Weiss MHB Real Estate

    1214 N High Point Rd, Middleton, WI 53562

Home Price Trends

Median Sale Price
$430,000
Median Single Family Sale Price
$474,900
Median Townhouse Sale Price
$490,000
Median 2 Bedroom Sale Price
$307,250
Median 1 Bedroom Sale Price
$280,000
Average Price Per Sq Ft
$281
Number of Homes for Sale
40
Last 12 months Home Sales
2,518
Months of Supply
2.50
Median List Price
$435,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%
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