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$900,000
2 Days On Site

124 N Franklin Street
Madison, WI 53703

For Sale|Multi Family|Active
8
Beds
3
Total Baths
3
Full Baths
1882
Built
County:
Dane
Listing courtesy of Imani Jones of EXIT Realty HGM
Call Now: 608.358.7481
Is this the listing for you? We can help make it yours.
608.358.7481
124 N Franklin Street124 N Franklin Street124 N Franklin Street124 N Franklin Street
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Monthly Payment (Est.)

$4,106
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Rarely do you find a 2-flat with this much size, income, and upside all in one package! Located right next to James Madison Park, this 8-bedroom property is already generating over $7,100/month with potential to push rents beyond $8,200/month. The oversized units, off-street parking, unbeatable location, and classic charm make these apartments incredibly easy to rent year after year. Well maintained with a newer boiler already installed, this is the kind of investment property that checks every box! Strong cash flow today with even more room to grow tomorrow. Even better, this property is part of the 120-126 N Franklin st Portfolio. A rare side-by-side 27 bedroom opportunity at an attractive price offering significant development potential.

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Listing Snapshot
Price 
$900,000
Days On Site 
2 Days
Bedrooms 
8
Inside Area (SqFt) 
N/A
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.08 Acres
Year Built 
1882
MLS® Number 
2023681
Status 
Active
Property Tax 
$14,248
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS®
yesterdayStatus changed to Active
2 days agoListing first seen on site
General Features
Acres 
0.08
Parking Spaces 
4
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Appliances 
DryerWater Softener
Basement 
FullUnfinished
Window Features 
Window Coverings
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Exterior Features
Construction Details 
Vinyl Siding
Windows/Doors 
Window Coverings
Community Features
School District 
Madison
Schools
School District
Madison
Elementary School
Lapham/Marquette
Middle School
OKeeffe
High School
East
Listing courtesy of Imani Jones of EXIT Realty HGM



Listing information is provided by Participants of the South Central Wisconsin MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Information is supplied by seller and other third parties and has not been verified. Copyright 2026, South Central Wisconsin MLS Corporation. All rights reserved.
Last checked: 2026-05-20 04:18 AM UTC

Neighborhood & Commute
Source: Walkscore
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