For Sale

$680,000

For sale

14 N••••• Franklin St (Sign up for 50 free credits to unlock)Madison, WI 53703

9Beds

3Baths

-Sq Ft Living

3,267Sq Ft Lot

1912Year Built

Property Description

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 lakefront. Whether you're looking to expand your investment portfolio or own a prime income-producing property in one of Madison's most desirable neighborhoods, this is an exceptional opportunity you won't want to miss.

Property Facts & Features

Property Type: Multi Family
Status: For Sale
Listed: Jul 14, 2026
ZIP Code: 53703
Full Baths: 3
Stories: 3
Parking: Per Unit: Outside, Street Only
Heating: Radiant
Property Tax (2025): $12,083/yr
Assessed Value: $652,600
Last Sold: $507,500 · Jan 26, 2020
Neighborhood: Isthmus
County: Dane
School District: Madison Metropolitan School District

Estimated Value

$855,000Range $644,280 to $966,420

Automated estimate. Not an appraisal.

Features & Amenities

Bedrooms

Bedrooms: 9

Bathrooms

Full Bathrooms: 3

Land Info

Lot Size Acres: 0.075
Lot Size Square Feet: 3267

Utilities

Municipal water
Municipal sewer

Appliances

Other Rooms

Basement Description: Full,Poured concrete foundatn

Rental Info

Gross Income: 66000

Multi-Unit Info

Number of Units: 3
Number of 3 Bedroom Units: 3
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Unit-1 Square Feet: 1176
Unit-2 Square Feet: 1176
Unit-3 Square Feet: 840
Unit 1 Total Actual Rent: 2000
Unit 2 Total Actual Rent: 1850
Unit 3 Total Actual Rent: 1650

Garage and Parking

Parking Features: Per Unit: Outside, Street only

School Information

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

Heating and Cooling

Heating Features: Radiant
Heating Fuel: Natural Gas
Water Heaters: 1

Other Property Info

Shared laundry,Close to bus line,Water Softener Owned
Annual Tax Amount: 12084
Source Listing Status: Offer Show
County: Dane
Directions: On Franklin St between E. Washington and E Mifflin Street
Tax Year: 2025
Inclusions: 3 Range/Oven, 3 Refrigerators, 1 Dishwasher, Washer, Dryer, Water Softener
Area: MADISON - C E01
Source Neighborhood: MADISON - C E01
Parcel Number: 070913320118
Postal City: Madison
Zoning: DR1
Property Subtype: 3 story

Building and Construction

Year Built: 1912
Building Exterior Type: Vinyl
Property Age: 114

Price & Event History

Date	Event	Price	$/Sq Ft
Aug 27, 2026	Price Changed	$680,000	-
Aug 20, 2026	Price Changed	$695,000	-
Jul 14, 2026	Listed	$710,000	-
Jan 26, 2020	Sold	$507,500	$159

Property Tax History

Year	Tax	Assessed	Land	Building	Market
2025	$12,083	$652,600	$116,600	$536,000	$669,814
2023	$10,138	$559,500	$116,600	$442,900	$562,651
2022	$10,474	$532,900	$111,000	$421,900	$556,496
2021	$10,824	$507,500	$111,000	$396,500	$511,200
2020	$7,953	$357,500	$107,800	$249,700	$382,000
2019	$7,659	$340,500	$89,000	$251,500	$360,800
2018	$7,650	$340,500	$89,000	$251,500	$354,800
2017	$7,926	$340,500	$89,000	$251,500	$346,600
2016	$7,758	$324,300	$80,900	$243,400	$334,000
2015	$7,466	$308,900	$80,900	$228,000	$318,900
2014	$7,127	$294,200	$80,900	$213,300	$304,400
2013	$10,008	$395,000	$76,300	$318,700	-

Nearby Schools

NR
Lapham Elementary School
Public · Elementary · Grades K-2
0.7 mi
8/10
O'keeffe Middle School
Public · Middle · Grades 6-8
1.3 mi
8/10
East High School
Public · High · Grades 9-12
1.9 mi
NR
K12 International Academy
Private · Elementary, Middle, High · Grades K-12
0.2 mi
NR
The Keystone School
Private · Middle, High · Grades 6-12
0.2 mi