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.
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.
An exceptional opportunity in downtown Madison, WI, this 3-unit, 9-bedroom is the closest house on Mifflin to campus with great southern light, full front decks, and rear exit decks. Each unit in this turn-key property is leased thru 08/2027 and offers a spacious and practical layout, including a full kitchen, three bedrooms, one bathroom, and a comfortable living area. Tenants appreciate the updated basement with storage and laundry. Additional income is generated through four on-site parking spaces. Tenants are responsible for electricity, garbage/recycling, cleaning, and snow removal. With gross income of $108,900 for 2026/2027 and several rents below market, a new buyer has the potential to earn an even greater return on their investment through future lease adjustments. Cap rate of 8.36% per seller.
MVP Pricing of $3,150,000 - $4,750,000 for ARBORETUM ARMS LLC APARTMENTS! Market Variable Pricing of $3,150,000.00 to $4,750,000.00 to reflect options of selling the following parcels; 251/0709-281-1405-1, 251/0709-281-1404-3, 251/0709-281-1403-5 separately for $3,150,000.00. This spacious, charming, brick building apartments have a large living room, formal dining room. Each unit has one bath with tub and shower. With the exception of the kitchen and bath, there are hardwood floors throughout. An open sun porch overlooks the yard and garden area. It is 1/2 block to the Arboretum and Lake Wingra with boats available for rental. Close proximity to Edgewood College and UW Madison. On Bus Line. Biking and Jogging trails through the Arboretum. Shops and restaurants are within walking distance. Nearby grocery. Two apartments per floor allows each apartment three sides of windows. There are three buildings total.
Stabilized 7-unit in Madison with a brand-new roof, completed June 22. Long-term tenants anchor the rent roll. Two units leased July 1 at $1,250 and $1,350, with three accepted renewals at $1,250 starting August 1. Six units are similar in size and share laundry in the basement. Unit 3724 is the standout, a townhome-style layout with bedrooms upstairs and its own private unfinished basement with dedicated laundry. Solid in-place income, real upside, and the big capital item is already done.
Back on the market after recent updating! One side of this duplex now has new flooring, cabinets, fixtures and furnace. Roof replaced in 2024. The combined rents bring in over $5100 per month. 3 Bedrooms, 1.5 baths each side with 2 car garages. Great investment with Owner Occupier opportunity for starting out or adding to a portfolio.
Your investment portfolio starts here, in the beautiful Tenney-Lapham neighborhood. This two-flat property is the heart of Madison, and beautifully showcases turn-of-the-20th-century details you can't pay for today: original woodworking, hardwood flooring, large bay windows, and pocket doors. The main floor is a lovely 2-bed/1-bath unit, and the remodeled upper unit is the 2nd & 3rd floor of the property, boasting 2 beds/1 bath w/a 3rd non conforming bed or Flex space. This property is the ideal opportunity to capitalize on the ease of established tenants or owner-occupancy. One block from Giddings Park with incredible sunset views, and walkable to Madison favorites like James Madison Park (w/ year-round activities), Tenney Park (w/ boat launch), Johnson Street shopping and dining, and just two miles from the Capitol Square. Don't miss seeing this one in person! NOTE: A new roof (insurance claim) and partial siding replacement will be completed prior to closing.
Excellent investment opportunity! This six-unit apartment building features spacious 2-bedroom, 1-bathroom units, each designed for comfortable living. With all units currently rented, the property generates over $97,000 in annual income. Well-maintained and ideally located, this income-producing property is perfect for both seasoned investors and those looking to start or expand their portfolio. Don?t miss this chance to own a solid, high-performing asset. Tenants pay for heat and electric. Landlord pays water. Includes Jetz laundry service agreement. Broker owned.
This spacious, well-maintained duplex on Madison?s East Side offers a fantastic opportunity for investors and/or homeowners! Each side features 4 bedrooms and 3 full bathrooms, including a private en-suite with double vanities and walk-in closets in the main bedrooms. The open-concept living and dining areas provide ample space, while a second living room in the lower level adds flexibility. Both units offer updated kitchens with stainless steel appliances and access to private decks, perfect for outdoor living. The walkout lower levels lead to a large backyard and oversized corner lot, ideal for recreation. Recent updates include newer carpet, wood/laminate flooring, and more. With a rock solid proven rental history, this duplex is a sound investment. Both units are currently occupied, so please allow at least 24 hours notice for showings. Don?t miss this opportunity to own a fantastic income property in a prime location!
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Madison is located in Wisconsin. Madison, Wisconsin has a population of 265,447. Madison is less family-centric than the surrounding county with 31.29% of the households containing married families with children. The county average for households married with children is 33%.
The median household income in Madison, Wisconsin is $70,466. The median household income for the surrounding county is $78,452 compared to the national median of $69,021. The median age of people living in Madison is 31.5 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 10.2 degrees. The average rainfall is approximately 36.1 inches per year, with 42.4 inches of snow per year.