Franklin Homes under $400,000

Welcome to Franklin, Wisconsin—a hidden gem nestled in Milwaukee County, where charming suburban living meets the vibrancy of city life. Known for its picturesque landscapes and friendly community, Franklin offers a perfect blend of tranquility and convenience, making it an ideal place to call home.

Franklin boasts a rich tapestry of parks, trails, and recreational facilities, inviting residents to embrace an active lifestyle. Whether you’re exploring the scenic paths of the Root River Parkway or enjoying a family picnic at one of the many local parks, outdoor enthusiasts will find plenty to love. The city is also home to top-notch schools, making it a fantastic choice for families looking to settle down.

One of the most appealing aspects of Franklin is its diverse real estate market, particularly for those seeking homes under $400,000. Here, you can find a variety of charming single-family homes, spacious townhouses, and cozy condos, all designed to suit different lifestyles and budgets. With well-maintained properties and welcoming neighborhoods, you’ll discover a sense of community that’s hard to beat.

Franklin’s prime location also provides easy access to major highways, making commutes to downtown Milwaukee and surrounding areas a breeze. With a vibrant local economy and an array of shopping, dining, and entertainment options, you’ll never run out of things to do.

Explore the possibilities in Franklin, where your dream home awaits at an affordable price. Discover the perfect blend of comfort, community, and convenience in this delightful Wisconsin city!

Newest Franklin Homes under $400,000

$200,000

2 Beds ⋅ 1 Baths

Welcome home to this spacious townhouse-style condo located in the desirable Franklin school district! Enjoy the perfect combination of comfort, convenience, and low maintenance living. The inviting LR offers an abundance of natural light, while the updated kitchen features custom cabinetry, beautiful countertops, and included appliances. Upstairs you'll find 2 generously sized bedrooms with plenty of room to relax & unwind. The full basement provides additional living and entertaining space with a finished rec room, bar area, and ample storage. Additionally, you have the added perk of a 1-car attached garage. Relax on your outdoor patio space. Enjoy the benefits of community amenities, including a swimming pool and playground for outdoor fun. Experience the perks of condo life!!

3943 W College Ave, Franklin

Listing courtesy of Shorewest Realtors - South Metro.

10020 W Whitnall Edge Dr Unit D, Franklin

$279,900

2 Beds ⋅ 2 Baths

Welcome to Whitnall Edge, one of Franklin's most sought-after condo communities. This beautifully updated 2-bedroom, 2.5-bath condo pairs a private, wooded setting with thoughtful updates throughout. Oversized windows fill the open living and dining area with natural light and frame peaceful treetop views, while a stacked-stone corner fireplace anchors the space. The updated kitchen features new countertops and stainless steel appliances. Main-floor laundry is conveniently paired with the half bath. Upstairs, the spacious primary bedroom offers a vaulted ceiling and two double closets. The clean, open lower level provides abundant storage with room to expand. Enjoy the community pool and a quiet, tucked-away setting while still being close to everything this area has to offer!

10020 W Whitnall Edge Dr Unit D, Franklin

Listing courtesy of Keller Williams-Franksville.

$229,900

2 Beds ⋅ 1 Baths

Updated, clean, and move-in-ready, this Park Meadows condo awaits a new owner! A spacious open floorplan greets you and showcases large living room with patio door walkout. An updated kitchen boasts stylish new cabinetry, countertops, and includes all new stainless steel appliances and leads to an adjacent dining area. A convenient half bath off the garage entry rounds out the main. Upstairs are two ample bedrooms served by an updated full bath. Enjoy more living space in the finished lower level with room for a rec room and spot for a work station. An attached garage lends covered parking with surface spots available. Take advantage of beautiful weather on the tennis courts, pool, and walk paths, with a playground available. Pets/dogs welcome. It's turn key and waiting, see today!

3961 W College Ave, Franklin

Listing courtesy of TerraNova Real Estate.

10464 W Whitnall Edge Dr Unit 101, Franklin

$185,000

2 Beds ⋅ 2 Baths

This updated 2-bedroom condo offers a comfortable and modern living space, perfect for anyone seeking convenience and style. Located on the main floor, it provides easy access with no stairs, making it ideal for those who prefer single-level living. Inside, you'll find a bright, open layout with fresh updates throughout. The living area is spacious, contemporary, and includes plenty of natural light streaming in from large windows. The kitchen is modern, with updated appliances, ample cabinet space, and a functional design for cooking and entertaining. Both bedrooms are well-sized, offering comfortable spaces with plenty of closet storage. The bathroom has been refreshed with stylish fixtures and finishes. Located in the Whitnall District and close to shopping, this home has it all.

10464 W Whitnall Edge Dr Unit 101, Franklin

Listing courtesy of EXP Realty, LLC~MKE.

$315,000

2 Beds ⋅ 2 Baths

Welcome home to elevated ease of living. One-owner condo in desirable Franklin Oaks offering a spacious, flexible floor plan. Main level features 2 bedrooms, 2 full baths, open-concept living room, kitchen with breakfast bar, dinette and den. Vaulted ceilings and skylights create an open, airy feel, while the generous primary suite offers double closets and a private bath. Upstairs, enjoy a versatile loft with gas fireplace plus a flex room ready to become your home office, theater, game room, guest space or extra storage. Relax outdoors on the large recessed private balcony. Two heated garage parking spots included. Community amenities include a clubhouse, exercise room, in-ground pool and paved walking path. Conveniently located near schools, parks, shopping, dining and I-94.

2987 W Drexel Ave Unit 322, Franklin

Listing courtesy of @properties.

$284,900

2 Beds ⋅ 2 Baths

Opportunity awaits in desirable Whitnall Park Square! This 2BR/2BA side-by-side RANCH condo offers convenient single-level living with a spacious L-shaped living/dining area, first-floor laundry, attached 1-car garage and driveway parking. Enjoy relaxing or entertaining on your private patio! The full, unfinished basement offers abundant storage and possibilities for a hobby area, workshop or future improvements. Ready for your cosmetic updates and personal touches, this condo is a fantastic opportunity to make it your own! Enjoy low HOA fees of just $260/month, pets allowed (see restrictions), and a location in the highly sought-after WHITNALL SCHOOL DISTRICT. Bring your vision and discover the potential!

10328 W Parkwood Dr, Franklin

Listing courtesy of RE/MAX Lakeside-North.

$285,000

2 Beds ⋅ 2 Baths

Enjoy comfortable, easy living in Franklin, with convenient access to shopping, dining, parks, and everyday essentials. This inviting 2-bedroom, 2-bath condo features an open floor plan, large windows that fill the living space with natural light, and a cozy fireplace. The spacious kitchen offers ample counter space and a large walk-in pantry, while the primary suite includes a private full bathroom. A second bedroom and full bath provide flexibility for guests or additional living space. Relax on your private patio or screened porch overlooking a peaceful wooded setting. With convenient first-floor living and a no-step front entrance, this condo is ready to welcome you home.

9211 S 54th St Unit Unit C, Franklin

Listing courtesy of Residual Acres Realty.

$276,000

3 Beds ⋅ 2 Baths

Pond views and vaulted ceilings in Franklin! This well-kept unit at 9410 W Loomis Rd #2 offers a bright, open feel with soaring vaulted ceilings that make the main living space feel larger than its footprint. Enjoy peaceful views of the pond right from home, an easy place to unwind with your morning coffee or at the end of the day. Recent updates include some new windows and a newer water heater, so you can move in with added peace of mind. The Loomis Rd location gives you convenient access to shopping, dining, parks, and commuter routes throughout Franklin and the southwest suburbs. Schedule your showing today!

9410 W Loomis Rd Unit 2, Franklin

Listing courtesy of Epique Realty Germantown.

6995 S Riverwood Blvd Unit A04, Franklin

$244,800

2 Beds ⋅ 2 Baths

Experience condo living at its finest in this move-in-ready home featuring two oversized bedrooms and two full bathrooms. A bright, open layout filled with natural light flows through large windows and high ceilings. Enjoy peace of mind with new appliances, fresh paint throughout, and brand-new flooring. Convenience and comfort come standard with an elevator, heated underground parking, and an attached storage unit. Step out onto the ground-level patio to take in peaceful water views and the surrounding nature. Come and see it today!

6995 S Riverwood Blvd Unit A04, Franklin

Listing courtesy of EXP Realty, LLC~MKE.

$399,000

3 Beds ⋅ 1 Baths

ZONED B-2 Business & Residential. GREAT LOCATION. FULL Masonry 3BR Ranch w/SPANCRETE BASEMENT CEILING, versatile floor plan and wonderful views of the 1.49 acre wooded lot. Parquet floors accent throughout. Spacious KIT w/granite counters. lots of cabinet space and pass thru windows to the LR and DR. Tiled floors in the full & half Baths. 2 BRs have BI cabinets. Laundry & mechanicals in the basement plus plenty of space for a rec room or office. 30x24 3.5 car garage and plenty of parking. Bordered by the Bark River, part of the back of the lot is in a 100yr floodplain which does not include the home. See attached survey. Private well and city sewer. Great property

3019 W College Ave, Franklin

Listing courtesy of Homeowners Concept.

$340,000

2 Beds ⋅ 2 Baths

Dreaming of a condo home with a manicured lawn, seasonal perennials, private patio & balcony, that lives like a single-family home? Look no further! Tucked away in Franklin is this gorgeous 2 bedroom, 2.5 bath townhouse condominium, with a partially finished basement and a 2 car attached garage. Adorned with hardwood floors throughout, you'll enjoy the sprawling floor plan with 3 private entrances, updated kitchen with granite counters, large living room with gas fireplace and patio door, dinette and formal dining areas, and a half bath complete the main. 2 large bedrooms, w/primary en-suite with a rear balcony, walk-in closet, and jumbo bathroom with jetted tub and separate shower stall, and additional full bath on the upper. LL rec room is great for entertaining. HSA home warr. included.

7535 W Tuckaway Creek Dr, Franklin

Listing courtesy of Shorewest Realtors - South Metro.

$350,000

2 Beds ⋅ 1 Baths

Prime end unit location with spectacular lake and sunset views! This 2 bedroom plus den condo offers a bright and sunny open floor plan. Main level features the LR with gas fireplace and patio doors leading to the balcony, formal DR and updated kitchen, all with lovely lake views, and a remodeled half bath. The upper level features the spacious master bedroom with double closets and second balcony with serene lake views, along with a second bedroom, den and huge remodeled bathroom with double sinks, granite countertops, large ceramic tiled shower and full-sized washer/dryer. Lower level rec room and ample storage space. Attached 1-car GA with private driveway. Tuckaway Shores offers private lake access, beach, swimming, paddle boating, fishing, a rentable gazebo and walking trails.

7776 W Tuckaway Shores Dr, Franklin

Listing courtesy of Nikolic Group Real Estate Inc..

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Source of listing data: Metro MLS. Copyright 2026 Multiple Listing Service, Inc. - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively 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.

Franklin Homes under $400,000

Newest Franklin Homes under $400,000

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