120-126 N Franklin Street Madison, WI 53703

Building Details

Year built

1909

Floors in Building

3

Number of units

6

Listing Agency EXIT Realty HGM s***@propertyrevival.net Show Phone

345 W Washington Ave, McFarland, WI

Listed by Imani Jones · License #9532694 Show Phone

Added: May 20 Checked: Jul 18 at 9:06 pm

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MLS# 2023686 Listing URL

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.

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Investment Insights

Based on property information with market context.

This for-sale portfolio consists of a side-by-side six-unit apartment property totaling 27 bedrooms, listed as 120–126 N Franklin Street in Madison. The public remarks describe the buildings as exceptionally well-maintained, with attractive unit layouts and a proven occupancy history.

The portfolio includes 12 off-street parking stalls and is positioned in a Madison rental area near James Madison Park. According to the listing, the property currently generates $315,254 in annual income, with pro forma projections of approximately $345,410 for the 2027–2028 lease term. The property is identified under zoning DR1.

Key Highlights

• 6‑unit, 27‑bedroom side‑by‑side investment property at 120‑126 N. Franklin St
• 12 off‑street parking stalls
• Annual income currently reported at $315,254

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FAQs

What type of property is this?

Apartment building - Six-unit, 27-bedroom side-by-side property with 12 off-street parking stalls and established in-place income 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 $3,200,000.

What are key features of this property?

This property features: 6‑unit, 27‑bedroom side‑by‑side investment property at 120‑126 N. Franklin St; 12 off‑street parking stalls; Annual income currently reported at $315,254