126 N Franklin Street, Madison, WI 53703
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126 N Franklin Street, Madison, WI 53703
126 N Franklin Street, Madison, WI 53703
126 N Franklin Street, Madison, WI 53703
126 N Franklin Street, Madison, WI 53703
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Dan Chin

Dan Chin

+1(608) 571-1382
Listed by EXIT Realty HGM
$ 650,000
Est. payment /mo
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126 N Franklin Street Madison, WI 53703

5 Beds

2 Baths

1,742 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type 1 1/2 story

Listing Status Active

Purchase Type For Sale

Square Footage 1,742 sqft

Price per Sqft $373

MLS Listing ID 2023674

Style Cape Cod

Bedrooms 5

Full Baths 2

Year Built 1889

Annual Tax Amount $6,144

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type 1 1/2 story

Property Description

Income properties this close to downtown Madison rarely pencil this well. Just around the corner from James Madison Park, this 5-bed, 2-bath rental is consistently easy to lease thanks to its unbeatable location near campus, downtown restaurants, nightlife, and the lake. Currently rented at $4,295/month with projected rents up to $4,750/month, there's immediate upside for the next owner. The property has been well maintained with mostly vinyl windows, 3 parking spaces plus a moped spot, and very little yard maintenance. Tenants cover nearly all expenses, making this an attractive low-maintenance investment opportunity with strong returns. Also available as part of the 120–126 N Franklin portfolio, offering a rare opportunity to acquire a side-by-side 27-bedroom investment property with significant long-term upside and future redevelopment potential.

Location

State WI

County Dane

Area Madison - C E01

Zoning DR1

Direction .

Rooms

Other Rooms Other

Basement Full, Unfinished

Bedroom 2 12x13

Bedroom 3 13x11

Bedroom 4 13x10

Bedroom 5 7x15

Interior

Heating Window AC

Cooling Window AC

Inclusions All appliances, washing machines, dryers, water heaters, water softeners, window coverings

Exterior

Parking Features None

Building

Water Municipal sewer, Municipal water

Structure Type Wood

Schools

Elementary Schools Lapham/Marquette

Middle Schools Okeeffe

High Schools East

School District Madison

Others

SqFt Source Assessor

Energy Description Natural gas

South Central Wisconsin MLS (SCWMLS)
This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved

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Dan Chin

Dan Chin

Team Leader | IRGI77252

+1(608) 571-1382

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