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$1,670,000
2 Days On Site

120-122 N Franklin Street
Madison, WI 53703

For Sale|Multi Family|Active
14
Beds
7
Total Baths
7
Full Baths
1909
Built
County:
Dane
Listing courtesy of Imani Jones of EXIT Realty HGM
Call Now: 608.358.7481
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608.358.7481
120-122 N Franklin Street120-122 N Franklin Street120-122 N Franklin Street120-122 N Franklin Street
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Monthly Payment (Est.)

$7,619
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120-122 N Franklin St is a rare opportunity to own a high-performing 3-flat investment property with an incredible 14 bedrooms in one of Madison’s most desirable rental locations. Currently generating over $13,500/month in income with potential to exceed $14,500/month, this property offers immediate cash flow and strong upside potential. Located steps from James Madison Park, tenants love the oversized units, available parking, outdoor porches, and classic charm that make these apartments exceptionally easy to rent year after year. The property has been well maintained, including a newer boiler installation, making it an attractive option for investors seeking stability and long-term appreciation. Large unit sizes, premium location, and strong rental demand make this a truly rare Madison investment opportunity. The property is also being offered as part of the 120-126 N Franklin st portfolio. A rare side-by-side 27 bedroom opportunity with significant development potential.

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Listing Snapshot
Price 
$1,670,000
Days On Site 
2 Days
Bedrooms 
14
Inside Area (SqFt) 
N/A
Total Baths 
7
Full Baths 
7
Partial Baths 
N/A
Lot Size 
0.08 Acres
Year Built 
1909
MLS® Number 
2023684
Status 
Active
Property Tax 
$11,712
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 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 
6
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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