$3,200,000

120-126 Franklin Street, Madison, WI 53703

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1909
  • Property Lot Size Icon9,801sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 hours ago

Property Description

Rare opportunity to own the 120?126 N. Franklin St portfolio ? a 6-unit, 27-bedroom side-by-side investment property in a premier rental location near James Madison. This exceptionally well-maintained portfolio offers strong in-place income, consistent tenant demand, and easy leasing year after year. The property currently generates $315,254 in annual income with pro forma projections of approximately $345,410 for the 2027?2028 lease term. Features include 12 off-street parking stalls, attractive unit layouts, and a proven occupancy history in one of Madison?s most competitive rental markets. Opportunities to acquire a congruent, turnkey 27-bedroom portfolio of this size, condition, and location are exceptionally rare. Excellent long-term appreciation and cash flow make this a portfolio standout.

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:
715391325700
  • Basement: Full
  • A/C: Other
  • General: VinylWood
  • General: Duplex - Side By SideDuplex
  • 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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