530 S Franklin St Oconomowoc, WI 53066
Estimated payment $4,806/month
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,087
Lot Details
- 0.75 Acre Lot
Home Design
Schools
- Park Lawn Elementary School
- Silver Lake Middle School
- Oconomowoc High School
Listing and Financial Details
- Exclusions: Tenants Personal Property. Mounted heater, mounted machinery, mounted work benches/shelving in builder's commercial area. Window air conditioners.
- The owner pays for sewer, water, electric-tenant
- Assessor Parcel Number OCOC0560254
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,087 | $327,700 | $95,500 | $232,200 |
| 2023 | $4,271 | $327,700 | $95,500 | $232,200 |
| 2022 | $4,555 | $289,000 | $95,500 | $193,500 |
| 2021 | $4,452 | $289,000 | $95,500 | $193,500 |
| 2020 | $5,534 | $291,300 | $95,500 | $195,800 |
| 2019 | $5,908 | $291,300 | $95,500 | $195,800 |
| 2018 | $5,735 | $291,300 | $95,500 | $195,800 |
| 2017 | $5,272 | $291,300 | $95,500 | $195,800 |
| 2016 | $4,724 | $291,300 | $95,500 | $195,800 |
| 2015 | $4,776 | $291,300 | $95,500 | $195,800 |
| 2014 | $5,039 | $291,300 | $95,500 | $195,800 |
| 2013 | $5,039 | $307,700 | $99,900 | $207,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2025 04/24/25 | Price Changed | $800,000 | 0.0% | $58 / Sq Ft |
| 04/24/2025 04/24/25 | For Sale | $800,000 | 0.0% | $58 / Sq Ft |
| 04/24/2025 04/24/25 | Price Changed | $800,000 | 0.0% | -- |
| 04/24/2025 04/24/25 | For Sale | $800,000 | +6.7% | -- |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- |
| 03/28/2025 03/28/25 | For Sale | $750,000 | 0.0% | -- |
| 03/28/2025 03/28/25 | For Sale | $750,000 | -- | $55 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $289,000 | Knight Barry Title Inc | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $325,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $254,250 | New Conventional | |
| Previous Owner | $276,500 | Commercial |
Source: Metro MLS
MLS Number: 1911457
APN: OCOC-0560-254
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