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120-122 N Franklin Street
Madison WI 53703 US

$1,670,000

Active Listing ID 2023684
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14 bed
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Lot: 0.08 Acres
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Other

$1,670,000

Active Listing ID 2023684
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120-122 N Franklin Street 120-122 N Franklin St is a rare opportunity to own a high-performing 3-flat investment property with an incredible 14 bedrooms in one of Madison’s most desirable rental locations. Currently generating over $13, 500/month in income with potential to exceed $14, 500/month, this property offers immediate cash flow and strong upside potential. Located steps from James Madison Park, tenants love the oversized units, available parking, outdoor porches, and classic charm that make these apartments exceptionally easy to rent year after year. The property has been well maintained, including a newer boiler installation, making it an attractive option for investors seeking stability and long-term appreciation. Large unit sizes, premium location, and strong rental demand make this a truly rare Madison investment opportunity. The property is also being offered as part of the 120-126 N Franklin st portfolio. A rare side-by-side 27 bedroom opportunity with significant development potential.

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Property Features

  • Facts
  • Lot Size: 0.08 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other

School Information

  • School
  • Lapham/Marquette(Elementary)
  • OKeeffe(MiddleSchool)
  • East(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1670000
  • unparsedaddress: 120-122 N Franklin Street
  • postalcity: Madison
  • stateorprovince: WI
  • country: US
  • postalcode: 53703
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.08
  • lotsizeunits: Acres
  • lotsizearea: 0.08
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 43.079082
  • longitude: -89.381596
  • listagentfullname: Imani Jones
  • listagentemail: imani@exithgm.com
  • listagentkey: 3yd-SCWMLSWI-188428
  • listagentmlsid: 188428
  • listagentpreferredphone: 6083957600
  • listagentofficephone: 6085632272
  • listofficekey: 3yd-SCWMLSWI-2538
  • listofficemlsid: 2538
  • disclaimer: 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.
  • sourcesystemid: SCWMLSWI
  • yearbuilt: 1909
  • countyorparish: Dane
  • parcelnumber: 0709-133-2125-7
  • elementaryschool: Lapham/Marquette
  • highschool: East
  • elementaryschooldistrict: Madison
  • middleorjuniorschooldistrict: Madison
  • highschooldistrict: Madison
  • appliances: Dishwasher, Dryer
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 6
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Basement, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.3816, 43.079082
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Revival Realty Group, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"imani@exithgm.com", "ListBrokerageCity":"McFarland", "ListBrokerageCountry":"US", "ListBrokerageEmail":"scott@propertyrevival.net", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Revival Realty Group, LLC", "ListBrokeragePhone":"(608) 438-6371", "ListBrokeragePostalCode":"53558", "ListBrokerageStateOrProvince":"WI", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"4123 Terminal Dr., Ste. 210", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"345 W Washington Ave", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"2569", "ListOfficeCity":"Madison", "ListOfficeCountry":"US", "ListOfficeEmail":"scott@propertyrevival.net", "ListOfficePostalCode":"53703", "ListOfficeStateOrProvince":"WI", "ListPriceCurrencyType":"USD", "ListingTitle":"3 story - Madison, WI", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/120-N-Franklin-St-3_Madison_WI_53703_M78840-49381?f=listhub&s=SCWMLSWI&m=2023684&c=rexren", "MLSModificationTimestamp":"2026-05-20T12:04:13Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"3 story", "RawPropertyType":"Multi-Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":11712, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/20/2026 2:03:02 PM GMT
Source Updated Date: 5/21/2026 6:47:26 PM GMT

Courtesy of: Imani Jones, EXIT Realty HGM, imani@exithgm.com

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.