$2,250,000
SOLD MAY 29, 2026

116 / 122 / 128 E Johnson St Madison, WI 53703

Downtown Madison Neighborhood
-- Bed
-- Bath
6,043 Sq Ft
0.48 Acre Lot

Sale Details

Date Sold: May 29, 2026

$372 Per Sq Ft

10% Below List Price

15 Days on Market

Highlights

  • 0.48 Acre Lot
  • Balcony
  • Forced Air Heating System
  • Den
  • Eat-In Kitchen
  • 2-minute walk to Period Garden Park

About This Home

As of May 2026

Site totals 21,018 sq. ft. (.48 acres) for multi family redevelopment. Dental office building and 2 adjoining apartment buildings for a total of 4 units. Highest and best use is for redevelopment to a 45+ unit apartment provided City of Madison grants all required approvals, but with good cash flow in the meantime. MLS profile identifies 116 E. Johnson as Unit 1, Unit 2 is 128 E. Johnson #1, Unit 3 is 128 E. Johnson #2, and the Dental office as Unit 4.

Last Agent to Sell the Property

David Mays

First Weber Inc Brokerage Email: HomeInfo@firstweber.com License #57206-90 Listed on: 03/24/2026

First Weber Inc

Co-Listed By

Dan Lee

First Weber, Inc Brokerage Email: HomeInfo@firstweber.com License #30413-90 389-9

Last Buyer's Agent

Jim Schuessler

Stark Company, REALTORS License #63398-94

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,259

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Shared Basement

Parking

  • 16 Open Parking Spaces
  • On-Street Parking
  • Outside Parking

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Additional Features

  • Balcony
  • 20,909 Sq Ft Lot
  • Forced Air Heating System

Community Details

Overview

  • 4 Units
  • The community has rules related to parking rules

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,259

Lot Details

0.48 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, SingleFam zoned MultiFam
  • Items Excluded: Personal property of owner & tenants
  • Items Included: 3 Stoves, 3 refrigerators, 1 washer, 1 dryer
  • Miscellaneous: Shared laundry
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partial
  • Number Dryers: 1
  • Number Washers: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 16

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside, Parking fee

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.48
  • Zoning: DR1 / UOR
  • Geo Subdivision: WI

Rental Info

  • Total Income: 197160

Tax Info

  • Net Taxes: 28259
  • Tax Year: 2025
  • Assessor Parcel Number: Multiple

Multi Family

  • Number Of3 Bedrooms: 3
  • Number Of Units: 4
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/29/2026 05/29/26 Sold $2,250,000 -10.0% $372 / Sq Ft
03/24/2026 03/24/26 For Sale $2,500,000 -- $414 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2019155

South Central Wisconsin Multiple Listing Service
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