WI
Dane
Madison
53703
120-126 N Franklin Street
120-126 N Franklin Street, Madison, WI 53703
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Listing Type
Multi Family
Listing Status
Active
71
$3,200,000

Home Details for 120-126 N Franklin Street

Price
$3,200,000
Type
Residential Income
Bedrooms
17
Full Bathrooms
8
Year built
1909
Lot size acres
0.225
County
Dane
Basement
Full
Days on site
3
MLS Listing#
2023686
Listing Courtesy: EXIT Realty HGM - 608-563-2272
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 Park. 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, cash flow, and development upside make this a portfolio standout.

Property Features
  • Water Features
    • Public
  • Basement
    • Full
School Information
School Information for 120-126 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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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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