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$2,900,000

120-126 N Franklin Street, Madison WI, 53703-2310

Built in1909
Property typeMulti-family
Listed by EXIT Realty HGM

Overview

Active

Listed May 18, 2026

Updated 5 days ago

Rare opportunity to own the 120–126 N. Franklin St portfolio, a 6-unit, 27-bedroom side-by-side investment property in a premier rental location near James Madison Park. This exceptionally well-maintained portfolio offers strong in-place income, consistent tenant demand, and easy leasing year after year. The property currently generates $315,254 in annual income with pro forma projections of approximately $345,410 for the 2027–2028 lease term. Features include 12 off-street parking stalls, attractive unit layouts, and a proven occupancy history in one of Madison’s most competitive rental markets. Opportunities to acquire a congruent, turnkey 27-bedroom portfolio of this size, condition, and location are exceptionally rare. Excellent long-term appreciation, cash flow, and development upside make this a portfolio standout.

$19,294/mo

Est. mortgage payment based on a $2,900,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$33,941
Tax Frequency
Annually

Listed by Imani Jones with EXIT Realty HGM 608-395-7600 ]]

Based on information from South Central Wisconsin Multiple Listing Service Corporation as of 9/15/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

© 2026 South Central Wisconsin Multiple Listing Service Corporation. All Rights Reserved.

Data last updated 4:47 AM UTC, 9/15/2026

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