$900,000

124 Franklin Street, Madison, WI 53703

Multi-Family Home
Built in 1882
3,485sqft lot
—— car garage
$——/sqft
Listed 1 hour ago

Property Description

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.

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:: 715391200000

Basement: Full
A/C: Other

General: Vinyl

General: 2 Flat Up and Down

Originating MLS: WIREX_SCW
School District: Madison
County: DANE

Zoning: DR10709-133-2126-5

Sewer: Municipal WaterMunicipal Sewer

Source: WIREX_SCW
Exclusions: Seller and Tenant Personal Property

This listing courtesy of Imani Jones , EXIT Realty HGM

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Principal & Interest $
Property Taxes $
Home Insurance $
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