Date
Details
Price
Change
Source
3/24/2026
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,500,000
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Property Description
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.
Full Property Details
Full Property Details for 116 / 122 / 128 E Johnson St
General
- Price: $2,500,000
- Taxes: $28,259 (2025)
- Status: Active
- Type: Multi-Family
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2019155
- Updated: 3/25/2026
- Added to Site: 7 day(s) ago
Parking
- Parking Features: Outside, Parking Fee
Location
- Municipality: Madison
- County: Dane
- Driving Directions: From Capitol, North on Wisconsin Avenue to East on E. Johnson
School Information
- School District: Madison
- Elementary School: Lapham/Marquette
- Middle School: Okeeffe
- High School: East
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: 2 Stories
- Exterior Const.: Vinyl
- Basement Desc.: Full, Partial
Unit Information
- Units in Building: 4
Unit 1
- Square Feet: 1853
- Bedrooms: 5
Unit 2
- Square Feet: 1295
- Bedrooms: 4
- Primary Bedroom: Main Level, 13 x 17
- Bedroom 2: Main Level, 11 x 11
- Bedroom 3: Main Level, 11 x 11
- Living Room: Main Level, 16 x 11,
- Kitchen: Main Level, 11 x 6,
Unit 3
- Bedrooms: 3
Lot Features
- Lot Size Source: Appraiser
- Zoning: DR1 / UOR
Financial Considerations
- Tax Amount: $28,259
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Personal property of owner & tenants
- Inclusions: 3 Stoves, 3 refrigerators, 1 washer, 1 dryer
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— 116 / 122 / 128 E Johnson St —
First Weber Inc
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Schools
Schools serving 116 / 122 / 128 E Johnson St
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Lapham Elementary School 1045 East Dayton Street, Madison, WI 53703 | PK-2 | 0.8 mi |
Marquette Elementary School, Madison, WI 1501 Jenifer Street, Madison, WI 53703 | 3-5 | 1.5 mi |
O'keeffe Middle School 510 South Thornton Avenue, Madison, WI 53703 | 6-8 | 1.5 mi |
East High School, Madison, WI 2222 East Washington Avenue, Madison, WI 53704 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 / 122 / 128 E Johnson St
Tax History
Tax History for 116 / 122 / 128 E Johnson St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,035
2%
$458,600
8%
2022
$7,853
1%
$424,600
6%
2021
$7,744
-2%
$400,600
10%
2021
$7,865
—
$364,200
3%
2020
$7,865
—
$353,600
—
2019
$7,897
20%
$353,600
20%
2018
$6,559
-3%
$294,700
—
2017
$6,796
7%
$294,700
10%
2016
$6,342
-3%
$267,900
—
2015
$6,548
1%
$267,900
—
2014
$6,490
5%
$267,900
6%
2013
$6,210
—
$252,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116 / 122 / 128 E Johnson St
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- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 4Total Baths
- 3,851Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,317Sq. Ft.
- Single Family
- Active
- Updated 12 hours ago
- 4Beds
- 2Total Baths
- 2,152Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 4Total Baths
- 3,650Sq. Ft.
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- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 2,769Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 4Total Baths
- 3,787Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 4Total Baths
- 3,922Sq. Ft.
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116 / 122 / 128 E Johnson Street, Madison, WI 53703 (MLS# 2019155) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 116 / 122 / 128 E Johnson Street is currently listed for $2,500,000 and was received on March 24, 2026. Want to learn more about 116 / 122 / 128 E Johnson Street? Do you have questions about finding other Multi-Family real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.