530 S Franklin St Oconomowoc, WI 53066
Estimated payment $4,325/month
About This Home
Amazing opportunity in the heart of Oconomowoc. This unique multi-purpose property offers three residential units and over 7000 sq ft of commercial space. All residential units (one 2 BR/1.5 BA, one 2 BR/1 BA and one 1 BR/1 BA) have been updated throughout including new windows. Commercial space is currently split between 3 tenants and offers 3 half baths. All tenants are month to month. Secured owner's room for storage and mechanicals. Parking area has been recently paved and offers plenty of parking for all. Roof is approximately 6 yrs old. This is the perfect option to live and work under one roof, and still have additional income potential! Conveniently located with easy access to Hwy 16 & 67 and within walking distance to everything Oconomowoc has to offer!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,087
Lot Details
- 0.75 Acre Lot
Home Design
- Brick Exterior Construction
- Clad Trim
Schools
- Park Lawn Elementary School
- Silver Lake Middle School
- Oconomowoc High School
Listing and Financial Details
- Exclusions: Tenants Personal Property. Mounted heater, mounted machinery, mounted work benches/shelving in builder's commercial area. Window air conditioners.
- The owner pays for sewer, water, electric-tenant
- Assessor Parcel Number OCOC0560254
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,087 | $327,700 | $95,500 | $232,200 |
| 2023 | $4,271 | $327,700 | $95,500 | $232,200 |
| 2022 | $4,555 | $289,000 | $95,500 | $193,500 |
| 2021 | $4,452 | $289,000 | $95,500 | $193,500 |
| 2020 | $5,534 | $291,300 | $95,500 | $195,800 |
| 2019 | $5,908 | $291,300 | $95,500 | $195,800 |
| 2018 | $5,735 | $291,300 | $95,500 | $195,800 |
| 2017 | $5,272 | $291,300 | $95,500 | $195,800 |
| 2016 | $4,724 | $291,300 | $95,500 | $195,800 |
| 2015 | $4,776 | $291,300 | $95,500 | $195,800 |
| 2014 | $5,039 | $291,300 | $95,500 | $195,800 |
| 2013 | $5,039 | $307,700 | $99,900 | $207,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Price Changed | $720,000 | -10.0% | $52 / Sq Ft |
| 04/24/2025 04/24/25 | Price Changed | $800,000 | 0.0% | $58 / Sq Ft |
| 04/24/2025 04/24/25 | For Sale | $800,000 | +6.7% | $58 / Sq Ft |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- |
| 03/28/2025 03/28/25 | For Sale | $750,000 | -- | $55 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $289,000 | Knight Barry Title Inc | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $325,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $254,250 | New Conventional | |
| Previous Owner | $276,500 | Commercial |
Source: Metro MLS
MLS Number: 1911457
APN: OCOC-0560-254
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.
Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.
- 619 S Main St
- 111 Jean St Unit 113
- 833 State St Unit 835
- 860 S Silver Lake St
- 215 E Pleasant St Unit 411
- 215 E Pleasant St Unit 304
- 215 E Pleasant St Unit 201
- 215 E Pleasant St Unit 508
- 739 Elizabeth St
- 578 S Concord Rd
- 318 Frederick Ct
- 333 N Lake Rd Unit 406
- 333 N Lake Rd Unit 507
- 333 N Lake Rd Unit 203
- 503 N Lake Rd Unit 3
- 613 W Labelle Ave
- 81 S Blain St
- 901 W Wisconsin Ave
- N51W34861 W Wisconsin Ave Unit 1120
- 1280 Orchard Cir
- 210 S Main St
- 304 S Silver Lake St
- 233 W Wisconsin Ave
- 115 Silver Lake Plaza
- 215 E Pleasant St
- 623 Summit Ave
- 454 W Wisconsin Ave Unit 3
- 172 Morningside Orchard Dr
- 115-137 Chaffee Rd
- 1033-1095 Lowell Dr
- W379N5686 N Lake Rd
- 1156 Lowell Dr
- 1071 Regent Rd
- 1350 Kari Ct
- 1455 Pabst Rd
- 1200 Prairie Creek Blvd
- N7743 Maple Ridge Rd Unit N7745
- 1550 Valley Rd
- N53w34396-W34396 Rd Q Unit Upper Main
- 4703 Vista Park Ct