205 N Frances St

Madison, WI 53703

$5,700,000
Price
15
Beds
4,800 Sq. Ft.
$1,188 / Sq. Ft.
4,800
Sq. Ft.
$1,188
per Sq. Ft.

Description

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....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.
  1. Listed by Seth Pfaehler • The McGrady Group, LLC
  2. Listed by Matthew McGrady • The McGrady Group, LLC

Property Details for 205 North Frances Street

Zoning
UMX
LISTING UPDATED: 10/20/2025 08:25 PM

Property Details for 205 North Frances Street

StatusActive
MLS #2011064
Days on Market68
Taxes$22,038 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Other
Year Built999
Lot Size0.14 AC / 6,316 SF
CountyDane County

Location

Listing Courtesy of The McGrady Group, LLC
Add your commute

Building Information for 205 North Frances Street

Stories-Residences3Year Built999Building Size-Lot Size0.14 AC / 6,316 SF

Payment Calculator

$30,002 per month

30 year fixed, 6.28% Interest

Principal and Interest

$28,166

Property Taxes

$1,837

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 205 North Frances Street

Summary
Location and General Information
  • C/T/V: City
  • County: Dane
  • County Qtr Section: West Metro Madison
  • Directions: Between the Kohl Center and Nitty Gritty on North Frances
  • Location: MADISON - C W14
  • Mailing City: Madison
  • Municipality: Madison
  • State: WI
  • Zip: 53703
Parking
  • Park/Unit: 2 spaces
  • Parking Spaces Outside: 2
  • Parking Stalls Inside: 0
School Information
  • Elementary: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison
Taxes and HOA Information
  • Net Taxes: $22,038.00
  • Parcel ID: 070923212123
  • Tax Year: 2024
Property
Property and Assessments
  • Class: Multi Family
  • Improvements: 993500.0
  • Land Assess: $255,200.00
  • Legal Documents: Lease(s) on file
  • Miscellaneous: Close to bus line
  • Total Assess: $1,248,700.00
  • Total Assess Year: 2024
  • Type: Other
  • Year Built: 999
Lot Information
  • Estimated Total Acres: 0.145
  • Source of Est. Acres: Seller
  • Source of Year Built: Seller
Utilities
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters
  • Water/Waste: Municipal sewer, Municipal water
Interior and Exterior Features
Exterior Features
  • Exterior: Other, Vinyl
Interior Features
  • Items Included: 4 Refrigerators, 4 Range/Ovens, 4 Dishwashers, 2 Forced Air Furnaces, 1 Boiler, 3 Washers, 3 Dryers, 2 water softeners
  • Items Excluded: Seller's and Tenant's personal items, window A/Cs
  • Number of Dish Washers: 4
  • Number of Dryers: 3
  • Number of Furnaces: 3
  • Number of Stoves: 4
  • Number of Refrigerators: 4
  • Number of Washers: 3
  • Number of Water Heaters: 3
  • Number of Water Softeners: 2
  • Basement: Full
  • Heating Fuel: Natural Gas
  • Heating Type: Other
  • Number of Efficiencies: 0
Room Information
Bedrooms
  • Number of 1 Bedrooms: 0
  • Number of 2 Bedrooms: 0
  • Number of 3+ Bedrooms: 3
Multi Family
Unit Information
  • Number of Units w/AC: 1
  • Number of Units: 3
Income & Expenses Information
  • Total Income: $0
Unit 1
  • U1 Landlord Pays Heat: No
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Water/Sewer: No
  • Unit 1: Family/Rec rm,Eat-in kitchen,Range/oven,Refrigerator,Dishwasher,Washer/dryer,Individual heat control
  • U1 Parking: 1 Space
  • U1 Number of Bedrooms: 7
  • U1 Full Baths: 2
  • U1 Half Baths: 0
  • U1 SqFt: 2260
  • Unit 1 Bedroom 3 Level: M
  • Unit 1 Kitchen Level: M
  • Unit 1 Living/Great Room Level: M
  • Unit 1 Primary BedRoom Level: M
  • Unit 1 Other Room 2 Level: U
  • Unit 1 Other Room 3 Level: U
  • Unit 1 Other Room Level: M
  • Unit 1 Bedroom 2 Level: M
  • Unit 1 Bedroom 2 Dimensions: 14x11
  • Unit 1 Bedroom 3 Dimensions: 9x15
  • Unit 1 Kitchen Dimensions: 8x15
  • Unit 1 Living/Great Room Dimensions: 13x13
  • Unit 1 Primary BedRoom Dimensions: 13x14
  • Unit 1 Other Room 2 Dimensions: 8x15
  • Unit 1 Other Room 3 Dimensions: 13x13
  • Unit 1 Other Room Dimensions: 7x10
  • Unit 1 Other Room: Bedroom
  • Unit 1 Other Room 2: Second Kitchen
  • Unit 1 Other Room 3: Family/Rec Room
Unit 2
  • U2 Landlord Pays Heat: No
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Water/Sewer: No
  • Unit 2: Family/Rec rm,Eat-in kitchen,Range/oven,Refrigerator,Dishwasher,Washer/dryer,Private basement
  • U2 Parking: Street
  • Unit 2 Bedroom 2 Level: U
  • Unit 2 Bedroom 3 Level: U
  • Unit 2 Dining Area Level: M
  • Unit 2 Dining Room Level: M
  • Unit 2 Kitchen Level: M
  • Unit 2 Living/Great Rm Level: M
  • Unit 2 Primary BedRm Level: M
  • Unit 2 Bedroom 2 Dimensions: 11x15
  • Unit 2 Bedroom 3 Dimensions: 15x9
  • Unit 2 Dining Room Dimensions: 15x11
  • Unit 2 Dining Area Dimensions: 12x8
  • Unit 2 Kitchen Dimensions: 11x8
  • Unit 2 Living/Great Rm Dimensions: 16x12
  • Unit 2 Primary BedRm Dimensions: 10x8
  • U2 Number of Bedrooms: 5
  • U2 Full Baths: 4
  • U2 Half Baths: 0
  • U2 SqFt: 1578
Unit 3
  • Unit 3: Family/Rec rm,Eat-in kitchen,Range/oven,Refrigerator,Dishwasher,Washer/dryer,Individual heat control,Private basement
  • U3 Parking: 1 Space
  • U3 Number of Bedrooms: 3
  • U3 Full Baths: 1
  • U3 Half Baths: 1
  • U3 SqFt: 962
  • U3 Landlord Pays Heat: No
  • U3 Landlord Pays Electric: No
  • U3 Landlord Pays Water/Sewer: No

Property History for 205 North Frances Street

DateEvent & SourcePriceAppreciation
Oct 20, 2025

Listed (Active)

SCWMLS #2011064

$5,700,000—
Mar 26, 2007

Sold (Public Record)

Public Record #253529457

—
DateEvent & SourcePrice
10/20/2025

Listed (Active)

SCWMLS #2011064

$5,700,000
03/26/2007

Sold (Public Record)

Public Record #253529457

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 205 North Frances Street

Taxable ValueLand$107,900Additions$327,500Total$435,400
Tax Record2024$7,808 ($651 / month)
Home Facts
Baths2Total Finished SqFt2,260 SqFtAbove Grade Finished SqFt2,260 SqFtStories2Lot Size2,770 SqFtStyleDuplexYear Built1874Year Renovated1966ZoningUMXCountyDANEAPN0709-232-1213-1

Schools near 205 North Frances Street

This home is within Madison Metropolitan School District.
Rating
School
Type
Grades
Distance
Franklin Elementary School
Public - PK to 2
Hamilton Middle School
Public - 6 to 8
West High School
Public - 9 to 12
Metro School
Public - 4 to 12
Rating
School
Distance
Franklin Elementary School
PublicPK to 2

Hamilton Middle School
Public6 to 8

West High School
Public9 to 12

Metro School
Public4 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 205 North Frances Street, Madison, WI 53703

205 North Frances Street is a multi-family home for sale in Madison, WI 53703. This property was listed for sale on October 20, 2025 by The McGrady Group, LLC, it's currently listed at $5,700,000. It has been on the market for a total of 68 days and was last sold on March 26, 2007. This listing's school district is Madison Metropolitan School District. Nearby schools include Franklin Elementary School, Hamilton Middle School and West High School. 205 North Frances Street is a 15-bed, 8-bath, 4,800 sqft multi-family home built in 999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The McGrady Group, LLC

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 10/20/2025 08:25 PM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2025 – WiREx. – All Rights Reserved