Franklin is one of Milwaukee County’s largest cities by land area and one of the few that still has room to grow. Subdivisions of newer single-family homes, condominiums and townhomes sit alongside older farmhouses and open land, and the Ballpark Commons development near 76th Street and Rawson Avenue has added apartments, dining and entertainment.
Two-family homes are less common in Franklin than in the older inner-ring suburbs, but newer side-by-side duplexes and condominium units draw tenants who want suburban schools and newer construction. Investors here often trade a lower cap rate for lower maintenance and strong long-term appreciation.
Duplexes and investment property for sale in Franklin
The quick-links grid shows how many properties are for sale right now in each price range. Click any number to see those listings.
| Property type | All prices | Under $250K | $250K–$400K | $400K–$550K | $550K–$750K | $750K+ |
|---|---|---|---|---|---|---|
| Duplexes (two-family) | 1 | – | – | 1 | – | – |
| Duplexes – both units 2+ BR | 1 | – | – | 1 | – | – |
| Multi-family (3+ units) | 1 | – | – | – | – | 1 |
| Single-family homes | 57 | – | 5 | 27 | 18 | 7 |
| Condominiums | 29 | 7 | 16 | 3 | 3 | – |
No active listings right now: commercial & mixed-use.
Franklin by the numbers
According to the U.S. Census Bureau’s American Community Survey (2020–2024 5-year estimates), The City of Franklin in Milwaukee County, Wisconsin, has a population of 35,886, with a median age of 43.0. The median household income is $106,894 a year.
The median value of an owner-occupied home in the City of Franklin is $364,200. 77.3% of occupied homes are lived in by their owners and 22.7% are rented — a mostly owner-occupied community where rentals are scarcer. Renters pay a median gross rent (rent plus utilities) of $1,458 a month, which works out to annual rent of about 4.8% of the median home value — a quick, rough gauge of how rents compare with prices here, not a substitute for a property’s own rent roll and expenses.
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-Year Estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Map of properties for sale
Official website: franklinwi.gov