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$800,000

530 S Franklin St Oconomowoc, WI 53066

0.8 acres
Multi-Family

Property details

About 530 S Franklin St

Amazing opportunity in the heart of Oconomowoc. This unique multi-purpose property offers three residential units and over 7000 sq ft of commercial space. All residential units (one 2 BR/1.5 BA, one 2 BR/1 BA and one 1 BR/1 BA) have been updated throughout including new windows. Commercial space is currently split between 3 tenants and offers 3 half baths. All tenants are month to month. Secured owner's room for storage and mechanicals. Parking area has been recently paved and offers plenty of parking for all. Roof is approximately 6 yrs old. This is the perfect option to live and work under one roof, and still have additional income potential! Conveniently located with easy access to Hwy 16 & 67 and within walking distance to everything Oconomowoc has to offer!

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
Lot size0.75 Acres
Year built1951
ParkingOutdoor Space,Inside Parking,Outside
MLS #1911457

Summary

  • Basement: No
  • Parking: Outdoor Space,Inside Parking,Outside
  • Architectural Style: Other
  • Heating: Forced Air, Natural Gas
  • List Price: $800,000
  • Annual Tax Amount: $4,270
  • Tax Year: 2023
  • Year Built: 1951
  • Municipality: Oconomowoc
  • Lot Size: 0.75 Acres
  • MLS Number: 1911457
  • MLS Name: WIREX_METRO
  • Office Name: First Weber Inc - Delafield
  • Office Phone: (262) 646-6800
  • Office Email: jaime.kristof@firstweber.com
  • Listing Agent: J Tweeden & Associates Team*

© 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: 7/12/2025, 6:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jul 10, 2020
Home Sold
$289,000

Tax history

YearAssessmentProperty Tax
2023$327,700$4,270
2022$289,000$4,409
2021$289,000$4,414
2020$291,300$5,616
2019$291,300$5,908
2018$291,300$5,734
2017$291,300$5,113

History based on county public records data.

Nearby schools

10

Park Lawn Elementary School

Public District PK-4

0.3 mi

300 Parklawn St

8

Greenland Elementary School

Public District PK-4

1.0 mi

440 Coolidge St

8

Meadow View Elementary School

Public District PK-4

2.8 mi

1500 Whalen Dr

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 $58,333. The most common annual income of people living in Oconomowoc, WI is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

36%
<35k
39%
35k-100k
24%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

49%
Single, No Kids
12%
Single, with Kids
23%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
5%
12-17 yrs old
24%
18-34 yrs old
33%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Family DollarFamily Dollar
  • KmartKmart

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans

What do the neighbors drive?

  • ChevroletChevrolet
  • FordFord
  • BuickBuick

What do the neighbors listen to?

  • CountryCountry
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 530 S Franklin St

The listing price of 530 S Franklin St property is $800,000.

The property 530 S Franklin St is a multi located in Oconomowoc, Wisconsin, 53066.

Active Listing: 530 S Franklin St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 530 S Franklin St are: Park Lawn Elementary School (GreatSchools Rating 10/10), Greenland Elementary School (GreatSchools Rating 8/10), Meadow View Elementary School (GreatSchools Rating 8/10), Silver Lake Intermediate School (GreatSchools Rating 6/10), Nature Hill Intermediate School (GreatSchools Rating 7/10), Stone Bank Elementary School (GreatSchools Rating 8/10), Oconomowoc High School (GreatSchools Rating 7/10), Arrowhead High School (GreatSchools Rating 8/10), High School of Health Sciences (GreatSchools Rating 10/10).

According to the records, the last property tax for 2023 is $4,270 (source: MLS/based on county public records data).

The last sale was on July 10, 2020 for $289,000 (source: MLS/tax record).

The year of construction for 530 S Franklin St is 1951.

This home is located at 530 S Franklin St in Oconomowoc, WI and zip code 53066. Features: 0 bathroom. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $800,000.

While more than 18 listings in Oconomowoc, WI in June 2025 were sold above asking price, there were more than 8 listings sold at asking price, and more than 8 were sold below. Between May and June 2025, Oconomowoc, WI real estate market has seen increase in the number of listings by 18.5%.

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

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