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124 N Franklin Street
Madison WI 53703 US

$900,000

Active Listing ID 2023681
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8 bed
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Lot: 0.08 Acres
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Other

$900,000

Active Listing ID 2023681
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124 N Franklin Street 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...

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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: 900000
  • unparsedaddress: 124 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: 43.079188
  • longitude: -89.381641
  • 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: 1882
  • countyorparish: Dane
  • parcelnumber: 0709-133-2126-5
  • elementaryschool: Lapham/Marquette
  • highschool: East
  • elementaryschooldistrict: Madison
  • middleorjuniorschooldistrict: Madison
  • highschooldistrict: Madison
  • appliances: Dishwasher, Dryer
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 4
  • 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: -89.38164, 43.07919
  • 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":"2 flat-up and down - Madison, WI", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/124-N-Franklin-St_Madison_WI_53703_M81413-50813?f=listhub&s=SCWMLSWI&m=2023681&c=rexren", "MLSModificationTimestamp":"2026-05-20T13:15:20Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"2 flat-up and down", "RawPropertyType":"Multi-Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":14248, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/20/2026 7:01:43 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.