Duplex With Off-Street
For Sale
$900,000
124 N Franklin Street, Madison, WI 53703
Multi Family, Madison, WI
Property SizeContact for details
Lot Size0.08 Acres
Days on Market40
Property Features for 124 N Franklin Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
DR1
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 5, Bedroom 7, Bathroom 3, Bedroom 8, Bedroom 6, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3
Appliances
2
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
0709-133-2126-5
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
14248
Building Details
Year built
1882
Number of units
2
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 8:06PM
MLS# 2023681
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.
This 8-bedroom duplex at 124 N Franklin Street includes off-street parking and a newer boiler. The property was built in 1882 and occupies a 0.08-acre site, with DR1 zoning supporting its residential configuration.
The property is located next to James Madison Park in Madison, providing a park-adjacent setting within the 53703 postal area. Its two-flat layout and eight-bedroom count provide a substantial residential arrangement for an income-producing property.
The property is located next to James Madison Park in Madison, providing a park-adjacent setting within the 53703 postal area. Its two-flat layout and eight-bedroom count provide a substantial residential arrangement for an income-producing property.
Key Highlights
- 8‑bedroom duplex configuration
- Off‑street parking included
- Newer boiler installed
Property Analytics
Property Profile
Current Use
Lease Details
2
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?
Duplex - Eight-bedroom two-flat near James Madison Park with a newer boiler and established rental use.
Where is this duplex located?
The property is located at 124 N Franklin Street Madison, WI.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 8‑bedroom duplex configuration; Off‑street parking included; Newer boiler installed
