$949,000

420 S Franklin St Whitewater, WI 53190

$10,000
Closing credit¹
0.9 acres
Multi-Family

Property details

About 420 S Franklin St

Unique investment opportunity offering at over an 8.0 Cap Rate and $96,420 in annual income, with room to increase further by raising under rented units to market rents. The four units include (1) a newly constructed/renovated duplex with two four bed two bath units, (2) a five bed, two bath single family, and (3) a three bed two bath single family. All units share central parking. The property also includes a garage used for owner storage.

Highlights

Home typeMulti Family
HeatingHot Water, Steam
StatusActive
CoolingCentral Air
BasementYes
Lot size0.86 Acres
Year built2024
ParkingOutdoor Space,Inside Parking,Outside
MLS #1904302

Summary

  • MLS Number: 1904302
  • MLS Name: WIREX_METRO
  • Office Name: Keystone Real Estate Services, LLC
  • Office Phone: (262) 473-7300
  • Office Email: matt@keystoneres.net
  • Listing Agent: Matthew Kuehl

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of side of property

$949,000

420 S Franklin St

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
May 21, 2008
Home Sold
$226,900

Tax history

YearAssessmentProperty Tax
2023$282,500$4,570
2022$264,000$4,731
2021$253,800$5,155
2020$236,800$4,836
2019$226,300$4,671
2018$226,300$4,659
2017$223,600$4,460

History based on county public records data.

Nearby schools

2

Lincoln Elementary School

Public District PK-5

0.5 mi

242 S Prince St

7

Washington Elementary School

Public District PK-5

0.9 mi

506 E Main St

4

Lakeview Elementary School

Public District PK-5

5.1 mi

W8363 R and W Townline Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,400. The majority of Whitewater, WI residents have income less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

51%
<35k
44%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

56%
Single, No Kids
10%
Single, with Kids
21%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
38%
18-34 yrs old
26%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • College FootballCollege Football

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • KmartKmart
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans
  • SonicSonic

What do the neighbors drive?

  • FordFord
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • New CountryNew Country
  • OldiesOldies
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 420 S Franklin St in Whitewater, WI and zip code 53190. Features: 0 bathroom. It has been listed on Rocket Homes since January 17, 2025 and is currently priced at $949,000.

While more than 4 listings in Whitewater, WI in February 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 3 were sold below. Between January and February 2025, Whitewater, WI real estate market has seen decrease in the number of listings by 10%.

From Rocket Homes Real Estate and based on county public records data.

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