Listing Office: EXIT Realty HGM

120-126 N Franklin Street, Madison, WI

$2,900,000

Previous Next

About 120-126 N Franklin Street

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.

Features of 120-126 N Franklin Street

MLS® # 2023686
Price $2,900,000
Year Built 1909
Type Multi Family
Status Active

Community Information

Address 120-126 N Franklin Street
Area MADISON - C E01
City Madison
County Dane
State WI
Zip Code 53703-2310

Interior

Heating Other

Exterior

Exterior Vinyl, Wood

School Information

District Madison
Elementary Lapham/Marquette
Middle OKeeffe
High East

Additional Information

Zoning DR1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEXIT Realty HGM

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?
An interior view in the living room with nice view.
We Love Madison Real Estate

Let us help you in your journey home.