$1,670,000

120-122 Franklin Street, Madison, WI 53703

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1909
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 hour ago

Property Description

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. ! rare side-by-side 27 bedroom opportunity

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 12:53AM
Listing Office:
EXIT Realty HGM : 6085632272
Listing Agent:
Imani Jones : 6083957600
MLS ID:
715391322800
  • Basement: Full
  • A/C: Other
  • General: Vinyl
  • General: 3+ Story
  • Originating MLS: WIREX_SCW
  • School District: Madison
  • County: DANE
  • Zoning: DR10709-133-2125-7
  • Sewer: Municipal WaterMunicipal Sewer
  • Source: WIREX_SCW
  • Exclusions: Seller and tenant personal property

This listing courtesy of Imani Jones , EXIT Realty HGM

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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