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126 N Franklin Street
Madison WI 53703 US

$650,000

Active Listing ID 2023674
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5 bed
bath icon
2.00 Bath (2 Full)
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Lot: 0.08 Acres
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Single Family Residence

$650,000

Active Listing ID 2023674
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126 N Franklin Street 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, 2 parking spaces plus a moped spot, and very little yard maintenance. Tenants cover 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.

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Property Features

  • Facts
  • Lot Size: 0.08 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 2

School Information

  • School
  • Lapham/Marquette(Elementary)
  • OKeeffe(MiddleSchool)
  • East(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 650000
  • unparsedaddress: 126 N Franklin Street
  • postalcity: Madison
  • stateorprovince: WI
  • country: US
  • postalcode: 53703
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.08
  • lotsizeunits: Acres
  • lotsizearea: 0.08
  • livingarea: 1742
  • livingareaunits: Square Feet
  • latitude: 43.07924
  • longitude: -89.381739
  • listagentfullname: Imani Jones
  • listagentemail: imani@exithgm.com
  • listagentkey: 3yd-SCWMLSWI-188428
  • listagentmlsid: 188428
  • listagentpreferredphone: 6083957600
  • listagentofficephone: 6085632272
  • listofficekey: 3yd-SCWMLSWI-2538
  • listofficemlsid: 2538
  • disclaimer: 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.
  • sourcesystemid: SCWMLSWI
  • yearbuilt: 1889
  • countyorparish: Dane
  • parcelnumber: 0709-133-2127-3
  • elementaryschool: Lapham/Marquette
  • highschool: East
  • elementaryschooldistrict: Madison
  • middleorjuniorschooldistrict: Madison
  • highschooldistrict: Madison
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1.5
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Cape Cod
  • rooms: Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Great Room, Kitchen, Living Room
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.38174, 43.07924
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Revival Realty Group, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"imani@exithgm.com", "ListBrokerageCity":"McFarland", "ListBrokerageCountry":"US", "ListBrokerageEmail":"scott@propertyrevival.net", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Revival Realty Group, LLC", "ListBrokeragePhone":"(608) 438-6371", "ListBrokeragePostalCode":"53558", "ListBrokerageStateOrProvince":"WI", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"4123 Terminal Dr., Ste. 210", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"345 W Washington Ave", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"2569", "ListOfficeCity":"Madison", "ListOfficeCountry":"US", "ListOfficeEmail":"scott@propertyrevival.net", "ListOfficePostalCode":"53703", "ListOfficeStateOrProvince":"WI", "ListPriceCurrencyType":"USD", "ListingTitle":"Cape Cod, 1 1/2 story - Madison, WI", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/126-N-Franklin-St_Madison_WI_53703_M85310-51442?f=listhub&s=SCWMLSWI&m=2023674&c=rexren", "MLSModificationTimestamp":"2026-05-20T02:37:37Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"1 1/2 story", "RawPropertyType":"Single Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6144, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/20/2026 4:02:43 AM GMT
Source Updated Date: 5/21/2026 6:47:26 PM GMT

Courtesy of: Imani Jones, EXIT Realty HGM, imani@exithgm.com

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.