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About This Home
This 8-bedroom, 0-bathroom residential multi family at 124 N Franklin Street in Madison, WI is listed for $900,000. Built in 1882, on a 0.08 acres lot.
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..
Key Features
- Built in 1882
- 0.08 acre lot
- 2 stories
- 4 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$4,813/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
124 N Franklin Street
Madison, WI 53703
Property Details
Appliances
Questions & Answers
This 8-bedroom, 0-bathroom residential multi family at 124 N Franklin Street is listed at $900,000. The estimated monthly payment is $3,900 based on 20% down at 6.5% interest.
Key features include: Built in 1882, 0.08 acre lot, 2 stories, 4 parking spaces.
This property is listed by Imani Jones and can be reached at 6083957600 or imani@exithgm.com.


