Triplex with Oversized
For Sale
$1,670,000
120-122 N Franklin Street, Madison, WI 53703
Multi Family, Madison, WI
Property SizeContact for details
Lot Size0.08 Acres
Days on Market40
Property Features for 120-122 N Franklin Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
DR1
Bedrooms
14
Bathrooms
7
Full bathrooms
7
Rooms
Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 9, Bedroom 7, Bedroom 4, Bedroom 12, Bathroom 7, Bedroom 10, Bedroom 3, Bedroom 2, Bedroom 8, Bathroom 5, Bathroom 3, Bedroom 14, Bedroom 11, Bedroom 5, Bathroom 2, Bathroom 6, Bedroom 13, Bedroom 6
Appliances
3
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
0.08 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
11712
Amenities
parking
outdoor porches
Building Details
Year built
1909
Floors in Building
3
Number of units
3
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 6:06PM
MLS# 2023684
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 property at 120-122 N Franklin Street in Madison is a three-unit residential building with 14 bedrooms across oversized apartments. Outdoor porches and available parking serve the units, while a newer boiler is among the documented property improvements. Built in 1909, the building occupies a 0.08-acre lot and carries DR1 zoning.
James Madison Park is located near the property, placing the apartments within an established Madison residential setting. The offering is also identified as part of a larger 120-126 N Franklin Street portfolio, providing additional context for buyers evaluating related ownership options.
James Madison Park is located near the property, placing the apartments within an established Madison residential setting. The offering is also identified as part of a larger 120-126 N Franklin Street portfolio, providing additional context for buyers evaluating related ownership options.
Key Highlights
- Three‑unit property with 14 bedrooms
- 0.08‑acre lot at 120‑122 N Franklin Street
- DR1 zoning
Property Analytics
Property Profile
Current Use
Lease Details
3
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?
Triplex - Three residential units feature outdoor porches, parking, and large apartment layouts.
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: Three‑unit property with 14 bedrooms; 0.08‑acre lot at 120‑122 N Franklin Street; DR1 zoning
