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 Market50
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 26
Last Checked: Sep 2 at 5:06AM
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.
This apartment portfolio consists of side-by-side buildings at 120-126 N. Franklin Street with six units and 27 bedrooms. The property was built in 1909 and includes 12 off-street parking stalls, along with unit layouts described as attractive and a history of occupancy. The offering is zoned DR1 and occupies approximately 0.225 acres.
The property is located near James Madison Park in Madison, providing a defined setting for a multifamily asset. Its configuration combines multiple rental units and bedroom capacity within a compact portfolio, with off-street parking incorporated into the site.
The property is located near James Madison Park in Madison, providing a defined setting for a multifamily asset. Its configuration combines multiple rental units and bedroom capacity within a compact portfolio, with off-street parking incorporated into the site.
Key Highlights
- Six‑unit portfolio with 27 bedrooms
- Side‑by‑side buildings at 120‑126 N. Franklin Street
- 12 off‑street parking stalls
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 rental buildings offer off-street parking and appealing unit layouts near James Madison Park.
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: Six‑unit portfolio with 27 bedrooms; Side‑by‑side buildings at 120‑126 N. Franklin Street; 12 off‑street parking stalls
