WI
Dane
Madison
53703
124 N Franklin Street
124 N Franklin Street, Madison, WI 53703
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Listing Type
Multi Family
Listing Status
Active
23
$900,000

Home Details for 124 N Franklin Street

Price
$900,000
Type
Residential Income
Bedrooms
8
Full Bathrooms
3
Year built
1882
Lot size acres
0.08
County
Dane
Basement
Full, Unfinished
Days on site
3
MLS Listing#
2023681
Listing Courtesy: EXIT Realty HGM - 608-563-2272
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 offering significant development potential.

Property Features
  • Basement
    • Full
    • Unfinished
  • Water Features
    • Public
School Information
School Information for 124 N Franklin Street, Madison, WI 53703
Elementary School
Lapham/Marquette
Middle School
OKeeffe
High School
East
The data relating to real estate for sale on this website comes in part from the Internet Data Display program of the South Central Wisconsin MLS. Real estate listings held by brokerage firms other than EXIT Realty are marked with the 'MLS' icon and/or include the name of the listing broker. This information, provided by seller, listing broker, and other parties, may not have been verified. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright © 2026 South Central Wisconsin MLS. All Rights Reserved.
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Median Square Feet
Market statistics compiled from data from South Central Wisconsin MLS.
EXIT REALTY HGM
12 S. Pontiac Dr., Janesville, WI 53545
Wisconsin - 937295-91 Illinois - 481.014525
Robin St. Clair
License #: 58946-90
Sales Representative
Office
608 563 2272
Agent
608 295 5663
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