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!
For sale
Price increase: $50K (4/24)
$800,000
530 South Franklin STREET, Oconomowoc, WI 53066
--beds
--baths
--sqft
Est.:
Multi Family, Apartment
Built in 1951
-- sqft lot
$781,400 Zestimate®
$--/sqft
$-- HOA
What's special
- 29 days
- on Zillow |
- 227 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 06:40am
Listed by:
J Tweeden & Associates Team*,
First Weber Inc - Delafield
Source: WIREX MLS,MLS#: 1911457
Originating MLS: Metro MLS

Travel times
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Tour with a buyer’s agent
Facts & features
Interior
Heating
- Natural Gas, Forced Air
Features
- Basement: None / Slab
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 0.75 Acres
Details
- Parcel number: OCOC0560254
- Zoning: RMH
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family, Apartment
Materials
- Aluminum Trim, Other, Partial-Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Oconomowoc
- Municipality: Oconomowoc
Financial & listing details
- Annual tax amount: $4,087
- Date on market: 3/28/2025
- Inclusions: 3 Refrigerators, 3 Ovens/Ranges
- Exclusions: Tenants Personal Property. Mounted Heater, Mounted Machinery, Mounted Work Benches/Shelving In Builder's Commercial Area. Window Air Conditioners.
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