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$5,700,000

  • For Sale
  • Active
  • Multi-Family
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Rare Downtown Madison Investment Portfolio: 205, 207 & 207.5 North Frances Street, An exceptional opportunity awaits in the heart of downtown Madison. Three adjoining properties - 205, 207, and 207.5 North Frances Street - are being offered together as one package deal. Directly across from the Kohl Center, steps from State Street, the UW Madison campus, Lake Mendota, and the Capitol Square, this portfolio provides unmatched potential for a high-rise, commercial property for both investors and developers. Package Deal: Three contiguous properties offered together, creating a rare and highly valuable footprint. Development Value: Combined parcels provide an excellent redevelopment opportunity in one of Madison?s tightest and most desirable markets. THREE parcels included in sale.

Full Property Details for 207/207 5/205 N Frances St

General

  • Price: $5,700,000
  • Taxes: $22,038 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
  • MLS ID: 2011064
  • Updated: 10/20/2025
  • Added to Site: 90 day(s) ago

Parking

  • Parking Features: 2 Spaces

Location

  • Municipality: Madison
  • County: Dane
  • Driving Directions: Between the Kohl Center and Nitty Gritty on North Frances

School Information

  • School District: Madison
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West

Heating & Cooling

  • Heating Fuel: Natural Gas
  • Heating/Cooling: Other

Utilities

  • Water/Sewer: Municipal Water, Municipal Sewer
  • Utility Description: Separate Electric Meters, Separate Gas Meters, Separate Water Meters

Structural Information

  • Exterior Const.: Vinyl, Other
  • Basement Desc.: Full

Unit Information

  • Units in Building: 3

Unit 1

  • Square Feet: 2260
  • Bedrooms: 7

Unit 2

  • Square Feet: 1578
  • Bedrooms: 5
  • Primary Bedroom: Main Level, 10 x 8
  • Bedroom 2: Upper Level, 11 x 15
  • Bedroom 3: Upper Level, 15 x 9
  • Living Room: Main Level, 16 x 12,
  • Kitchen: Main Level, 11 x 8,
  • Dining Room: 15 x 11,

Unit 3

  • Bedrooms: 3

Lot Features

  • Lot Size Source: Owner
  • Zoning: UMX

Financial Considerations

  • Tax Amount: $22,038
  • Tax Year: 2024

Disclosures and Reports

  • Exclusions: Seller's and Tenant's personal items, window A/Cs
  • Inclusions: 4 Refrigerators, 4 Range/Ovens, 4 Dishwashers, 2 Forced Air Furnaces, 1 Boiler, 3 Washers, 3 Dryers, 2 water softeners

Listed by The McGrady Group, LLC

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Listing agents

— 207/207 5/205 N Frances St —

  • The McGrady Group, LLC

  • The McGrady Group, LLC

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NMLS#: 1598647

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NMLS#: 1598647

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Price & Sales History for 207/207 5/205 N Frances St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/20/2025
Listed
$5,700,000
1778.09%
MLS
3/26/2007
Sold
$303,500
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 207/207 5/205 N Frances St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,808
3%
$435,400
7%
2022
$7,574
4%
$406,900
8%
2021
$7,278
3%
$376,800
10%
2021
$7,045
—
$342,500
8%
2020
$7,045
-3%
$317,100
—
2019
$7,278
5%
$317,100
5%
2018
$6,932
-3%
$302,000
—
2017
$7,180
2%
$302,000
5%
2016
$7,032
-1%
$287,600
—
2015
$7,107
7%
$287,600
5%
2014
$6,636
-5%
$273,900
—
2013
$6,968
—
$273,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by The McGrady Group, LLC

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207/207.5/205 N Frances Street, Madison, WI 53703 (MLS# 2011064) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 207/207.5/205 N Frances Street is currently listed for $5,700,000 and was received on October 20, 2025. Want to learn more about 207/207.5/205 N Frances 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.

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