Curious about this home?

Ask anything — no agents, no pressure

Try asking

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.

Agent Description

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

2 stories
4 spaces
1882

Amenities

Basement

Monthly Cost Estimate

$4,813/mo

20% down · 6.5% · 30 years

Principal$651
Interest$3,900
Insurance$263

Estimates only. Actual payments may vary.

Location

124 N Franklin Street

Madison, WI 53703

Property Details

Appliances

DishwasherDryer

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.

IJ

Imani Jones

Agent at EXIT Realty HGM

(608) 395-7600

Listed by EXIT Realty HGM · View on Broker Site

MLS# 2023681· Source: listhub· Updated today

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.

124 N Franklin Street, Madison, WI 53703

Open this listing in: