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Listed price in listed location currency (USD).
$1,670,000

000

MLS® 2023684

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1909
MLS® Number 2023684

Property Address: 120-122 N Franklin Street, Madison, WI, 53703

Average square foot calculated using Size range provided by listing agent.

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
MLS® Number2023684
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1909
BasementFull, Unfinished
DrivewayShared
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 19, 2026List Date
$1,670,000List Price
  • Commute

Commute

Starting Address
Destination Address
120-122 N Franklin Street, Madison, WI

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