120-122 N Franklin Street Madison, WI 53703

Building Details

Year Built

1909

Listing office EXIT Realty HGM

Listing date May 18, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

The property at 120-122 N Franklin St presents an opportunity to own a 3-flat investment property featuring a total of 14 bedrooms. Located steps from James Madison Park, the property benefits from its desirable rental location. The property generates over $13,500 per month, with the potential to exceed $14,500 per month. The units feature oversized layouts, available parking, outdoor porches, and classic charm. The property has been well maintained, including a newer boiler installation. It is also being offered as part of the 120-126 N Franklin st portfolio, creating a rare side-by-side 27 bedroom opportunity with significant development potential.

Key Highlights

• High‑performing 3‑flat generating over $13,500/month in income, with potential to exceed $14,500/month.
• Located in a desirable rental location steps from James Madison Park.
• Features 14 bedrooms across oversized units, making it exceptionally easy to rent.

Property Analytics

Property Profile Location Intelligence

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FAQs

What type of property is this?

Triplex - Rare 14-bedroom investment property in a desirable Madison location.

Where is this triplex located?

The property is located at 120-122 N Franklin Street Madison, WI.

What is the asking price?

The asking price for this property is $1,670,000.

What are key features of this property?

This property features: High‑performing 3‑flat generating over $13,500/month in income, with potential to exceed $14,500/month.; Located in a desirable rental location steps from James Madison Park.; Features 14 bedrooms across oversized units, making it exceptionally easy to rent.