6-Unit Apartment
For Sale
$3,043,000
120-126 N Franklin Street, Madison, WI 53703
Multi Family, Madison, WI
Property SizeContact for details
Lot Size0.23 Acres
Days on Market40
Property Features for 120-126 N Franklin Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
DR1
Appliances
6
Elementary school
Lapham/Marquette
Middle school
OKeeffe
High school
East
Elementary school district
Madison
Middle school district
Madison
High school district
Madison
Directions
.
Subdivision
MADISON - C E01
Standard status
Active
APN
0709-133-2125-7
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
33941
Building Details
Year built
1909
Floors in Building
3
Number of units
6
Listing Agency:
EXIT Realty HGM
(608) 563-2272
Listed By:
Imani Jones · License #9532694
(608) 395-7600
Added: Jul 15
Changed: Aug 20
Last Checked: Aug 23 at 10:06PM
MLS# 2023686
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The 120-126 N. Franklin Street property comprises side-by-side apartment buildings with 6 units and 27 bedrooms. Built in 1909, the portfolio is zoned DR1 and includes attractive unit layouts along with 12 off-street parking stalls.
The property is located in Madison, WI, near James Madison Park. Its established occupancy history and multi-unit configuration provide a substantial residential rental asset within the city’s 53703-2310 postal area.
The property is located in Madison, WI, near James Madison Park. Its established occupancy history and multi-unit configuration provide a substantial residential rental asset within the city’s 53703-2310 postal area.
Key Highlights
- 6‑unit, 27‑bedroom side‑by‑side apartment portfolio
- 12 off‑street parking stalls
- Built in 1909
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
4,055
Businesses Nearby
Explore this area
Business Placement
Demographics for 53703, WI
38,512
Population
21,025
Households
1.8
Avg Household Size
27
Median Age
69%
College-Educated
98%
High-School Grad
1.8 sq mi
ZIP Area
21,396
Density / Sq Mi
$46,618
Median Household Income
$27,923
Median Earnings
$1,445
Median Rent
$472,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Side-by-side apartment buildings near James Madison Park include off-street parking and an established occupancy history.
Where is this apartment building located?
The property is located at 120-126 N Franklin Street Madison, WI.
What is the asking price?
The asking price for this property is $3,043,000.
What are key features of this property?
This property features: 6‑unit, 27‑bedroom side‑by‑side apartment portfolio; 12 off‑street parking stalls; Built in 1909
