For Sale

Listed by Imani Jones from EXIT Realty HGM

Source: Wisconsin Real Estate Exchange #715391200000

124 N Franklin St, Madison, WI, 53703

$900,000

8
3
2697 sq. ft.
0.08 ac.

MultiFam

30+ days on the market

What's around 124 N Franklin St

About this property

Rarely do you find a 2-flat with this much size, income, and upside all in one package! Located right next to James Madison Park, this 8-bedroom property is already generating over $7,100/month with potential to push rents beyond $8,200/month. The oversized units, off-street parking, unbeatable location, and classic charm make these apartments incredibly easy to rent year after year. Well maintained with a newer boiler already installed, this is the kind of investment property that checks every box! Strong cash flow today with even more room to grow tomorrow. Even better, this property is part of the 120-126 N Franklin st Portfolio. A rare side-by-side 27 bedroom opportunity at an attractive price offering significant development potential.

Looking for more information on 124 N Franklin St?

Explore comparables, sales history and growth for this property.
Learn more

Similar property for sale nearby

For Sale
$920,000
102 North Bassett Street
Madison WI 53703
8
3
Multi-Family
Listing courtesy of Madcityhomes.Com

Other properties for sale by EXIT Realty HGM

For Sale
$279,000
219 Memphis Avenue
Madison WI 53714
1
1
Single-Family
Listing courtesy of EXIT Realty HGM
Under Contract
$399,900
505 Mark Drive
Verona WI 53593
3
1
1
Single-Family
Listing courtesy of EXIT Realty HGM
For Sale
$429,000
401 Linda Rd
Mount Horeb WI 53572
3
1
2
Single-Family
Listing courtesy of EXIT Realty HGM

Browse properties sold in nearby areas

IDX information is provided exclusively for consumers' personal non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed by the MLS.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent