116 / 122 / 128 E Johnson Street, Madison

$2,250,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

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.

First Weber Inc.

Essential Information
Status Sold
Detailed Status Sold 5/29/2026
Days on Market 15
MLS® # 2019155
Price $2,250,000
Type Multi Family
Assessed Value $1,529,200
Year Assesed 2025
Net Taxes $28,259
Tax Year 2025
Total Income $197,160
Parking Per Unit Outside, Parking fee
Exterior Vinyl
Community Information
Address 116 / 122 / 128 E Johnson Street
MLS® Area MADISON - C E01
City Madison
County Dane
State WI
Zip Code 53703
School Information
District Madison
Elementary Lapham/Marquette
Middle OKeeffe
High East
Property Overview
3 Bedroom Units 3
Total Units 4
# of Water Heaters 3
Heat Fuel Natural Gas
# of Stoves 3
# of Refrigerators 3
# of Dishwashers 1
# of Washers 1
# of Dryers 1
Unit 1 Details
# of Bedrooms 5
# of Full Baths 2
Lease Expires 8/14/2026
Monthly Rent $2,895
Square Feet 1,853
Parking Street
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Unit 2 Details
# of Bedrooms 4
# of Full Baths 2
Lease Expires 8/14/226
Monthly Rent $2,150
Square Feet 1,295
Parking Street
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Unit 3 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires 8/14/2026
Monthly Rent $1,795
Square Feet 1,295
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Unit 4 Details
Lease Expires Negotiable
Monthly Rent $8,400
Square Feet 1,600
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Additional Information
Zoning DR1 / UOR
Short Sale No
REO / Bank Owned No
Property History
Status Changed from Offer-Show to Sold
Status Changed from Active to Offer-Show
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DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data provided by the South Central Wisconsin MLS as of 06/07/2026.

Copyright 2026 – (South Central Wisconsin MLS) – All Rights Reserved

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