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Listed price in listed location currency (USD).
$650,000

520

MLS® 2023674

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1742 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1889
Avg. Price Per Sqft $373
MLS® Number 2023674

Property Address: 126 N Franklin St, Madison, WI, 53703-2310

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number2023674
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1889
BasementFull, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 5:Upper LevelNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

May 19, 2026List Date
$650,000List Price
  • Commute

Commute

Starting Address
Destination Address
126 N Franklin St, Madison, WI

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