Date
Details
Price
Change
Source
2/25/2026
Listed
$700,000
—
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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$700,000 Just Listed
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Property Description
This great investment opportunity is a rare find in Watertown. This 4 family apartment complex offers an all brick low maintenance exterior, with all brick garages. Each unit has 2 bedrooms and 1 full bath as well as in-unit laundry. Upper units have a balcony, lower units have an outside access. Each unit has a 1.5 car garage with electric door opener. Units 1 and 4 are vacant and move-in ready with new flooring and fresh paint. Units 2 and 3 are occupied and can be shown on a second showing request. Tenants pay electric, gas and water. Owner pays a small common area electric bill. Per Seller, roof on building is 15 yrs old, roof on garage is 14 yrs old.
Full Property Details
Full Property Details for 400 Franklin St #1-4
General
- Price: $700,000
- Taxes: $6,032 (2025)
- Status: Active
- Type: Apartment
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1951487
- Updated: 2/25/2026
- Added to Site: 2 day(s) ago
Parking
- Covered Spaces: 4
- Uncovered Spaces: 4
- Parking Features: Indoor Space
Location
- County: Jefferson
- Driving Directions: 9th St to Franklin, west to 400 Franklin Street, Watertown, WI 53094.
School Information
- School District: Watertown Unified
- Middle School: Riverside
- High School: Watertown
Heating & Cooling
- Heating/Cooling: Central Air Conditioning, Forced Air, Individual Heating Units, Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: Apartment Building
- Exterior Const.: Brick
- Basement Desc.: None
- Stories Description: 1 to 2 Stories
- Year Built: 1984
Unit Information
Unit 1
- Number of Units: 1
- Unit Description: 1 Bath, 2 Bedrooms, Air Conditioning, Dining Room, Disposal, Family Room, Living Room, Washer/Dryer
- Square Feet: 750 or Les
Unit 2
- Number of Units: 1
- Unit Description: 1 Bath, 2 Bedrooms, Air Conditioning, Dining Room, Disposal, Living Room, Range/Oven, Refrigerator, Washer/Dryer
- Square Feet: 750 or Les
Unit 3
- Number of Units: 1
- Unit Description: 1 Bath, 2 Bedrooms, Air Conditioning, Balcony/Patio, Dining Room, Disposal, Living Room, Range/Oven, Refrigerator, Washer/Dryer
- Square Feet: 750 or Les
Unit 4
- Number of Units: 1
- Unit Description: 1 Bath, 2 Bedrooms, Air Conditioning, Balcony/Patio, Dining Room, Disposal, Living Room, Range/Oven, Refrigerator, Washer/Dryer
- Square Feet: 750 or Les
Lot Features
- Lot Size (Acres): 0.11
- Zoning: COM
Financial Considerations
- Tax Amount: $6,032.12
- Tax Year: 2025
Listed by Shorewest Realtors, Inc.
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— 400 Franklin St #1-4 —
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NMLS#: 1598647
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Schools
Schools serving 400 Franklin St #1-4
School District:Watertown School District
| Name | Grades | Distance |
|---|---|---|
Schurz Elementary School 1508 Neenah Street, Watertown, WI 53094 | PK-5 | 0.3 mi |
Webster Elementary School, Watertown, WI 634 South 12th Street, Watertown, WI 53094 | PK-5 | 0.7 mi |
Lincoln Elementary School, Watertown, WI 210 North Montgomery Street, Watertown, WI 53094 | PK-2 | 1.4 mi |
Riverside Middle School, Watertown, WI 131 Hall Street, Watertown, WI 53094 | 6-8 | 1.5 mi |
Watertown High School 825 Endeavour Drive, Watertown, WI 53098 | 9-12 | 2.1 mi |
Douglas Elementary School, Watertown, WI 1101 Prospect Street, Watertown, WI 53098 | K-5 | 2 mi |
Lebanon Elementary School, Watertown, WI W4712 County Road O, Watertown, WI 53098 | K-5 | 5.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 400 Franklin St #1-4
Tax History
Tax History for 400 Franklin St #1-4
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,786
10%
$413,500
—
2024
$6,189
5%
$413,500
25%
2023
$5,889
—
$330,800
—
2022
$5,918
-7%
$330,800
32%
2021
$6,357
—
$250,000
—
2020
$6,357
2%
$250,000
—
2019
$6,211
3%
$250,000
—
2018
$6,042
5%
$250,000
—
2017
$5,741
1%
$250,000
—
2016
$5,671
1%
$250,000
—
2015
$5,599
-3%
$250,000
—
2014
$5,784
—
$250,000
—
2013
$5,784
—
$250,000
—
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 400 Franklin St #1-4
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- Single Family
- Active
- Updated 21 hours ago
- 3Beds
- 3Total Baths
- 3,006Sq. Ft.
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- Condo
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 2,187Sq. Ft.
- Single Family
- Active
- Updated 20 hours ago
- 4Beds
- 3Total Baths
- 1,534Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 2,665Sq. Ft.
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400 Franklin St #1-4, Watertown, WI 53094 (MLS# 1951487) is a Apartment property with 0 bedrooms and 0 full bathrooms. 400 Franklin St #1-4 is currently listed for $700,000 and was received on February 25, 2026. Want to learn more about 400 Franklin St #1-4? Do you have questions about finding other Apartment real estate for sale in Watertown? You can browse all Watertown real estate or contact a Coldwell Banker agent to request more information.