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
126 N Franklin Street, Madison, WI 53703
126 N Franklin Street, Madison, WI 53703
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Andy Beiser

Andy Beiser

Beiser Realty, LLC

+1(920) 744-3399
Listed by EXIT Realty HGM
$ 650,000
Est. payment | /mo

5 Beds

2 Baths

1,742 SqFt

Save
$ 650,000
Est. payment | /mo
Save

5 Beds

2 Baths

1,742 SqFt

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, 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.

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

Nearby Locations

Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Local Media
Education
Public Services & Government

  • The Paradise Lounge

    119 W Main St, Madison, WI 53703

    American (New) Phone: 608-256-2263

  • Shamrock Bar & Grille

    117 W Main St, Madison, WI 53703

    Gay Bars Phone: 608-259-8480

  • Badgerland Bar & Grill

    525 W Johnson St, Madison, WI 53703

    American (Traditional) Phone: 608-251-3033

  • Fresco

    227 State St, Madison, WI 53703

    American (New) Phone: 608-663-7374

  • Short Stack Eatery

    301 W Johnson St, Madison, WI 53703

    Breakfast & Brunch Phone: 608-709-5569

  • Francisco’s Mexican Cantina

    121 E Main St, Madison, WI 53703

    Mexican Phone: 608-294-1100

  • Samba Lounge

    240 W Gilman St, Madison, WI 53703

    Lounges Phone: 608-257-3300

  • The Statehouse

    1001 Wisconsin Pl, Madison, WI 53703

    American (New) Phone: 608-535-8222

  • Mr Brews Taphouse

    305 W Johnson St, Madison, WI 53703

    Burgers Phone: 608-819-6841

  • Estrellón

    313 W Johnson St, Madison, WI 53703

    Cafes Phone: 608-251-2111

  • Gooseberry on the Square

    1 S Pinckney St, Madison, WI 53703

    Salad Phone: 608-467-6552

  • Natt Spil

    211 King St, Madison, WI 53703

    Bars Phone: 608-258-8787

  • Casa de Lara

    341 State St, Madison, WI 53703

    Mexican Phone: 608-251-7200

  • Main Depot Tavern

    627 W Main St, Madison, WI 53703

    American (Traditional) Phone: 608-257-3100

  • Pinkus McBride Market

    301 N Hamilton St, Madison, WI 53703

    Grocery Phone: 608-284-8000

  • Come Back In

    508 E Wilson St, Madison, WI 53703

    Bars Phone: 608-258-8619

  • Opus Lounge

    116 King St, Madison, WI 53703

    Lounges Phone: 608-441-6787

  • The Side Door Grill and Tap

    240 W Gilman St, Madison, WI 53703

    American (Traditional) Phone: 608-310-4800

  • Teddywedgers

    101 State St, Madison, WI 53703

    Cafes Phone: 608-230-5360

  • Tiki Shack

    122 State St, Madison, WI 53703

    Bars Phone: 608-395-1965

  • The Rigby Pub And Grill

    119 E Main St, Madison, WI 53703

    American (New) Phone: 608-442-1112

  • Restaurant Muramoto

    225 King St, Madison, WI 53703

    Asian Fusion Phone: 608-259-1040

  • Jerome’s

    22 S Carroll St, Madison, WI 53703

    American (Traditional) Phone: 608-285-8000

  • Day Break Cafe

    1 W Wilson St, Madison, WI 53702

    Phone: 608-257-2233

  • Subway

    19 W Main St, Madison, WI 53703

    Fast Food Phone: 608-255-1636

  • Chasers Bar & Grille

    319 W Gorham St, Madison, WI 53703

    Sandwiches Phone: 608-512-0501

  • The Boathouse

    1001 Wisconsin Pl, Madison, WI 53703

    American (Traditional) Phone: 800-922-5512

  • The Cooper’s Tavern

    20 W Mifflin St, Madison, WI 53703

    Pubs Phone: 608-256-1600

  • Echo Tap & Grill

    554 W Main St, Madison, WI 53703

    Pizza Phone: 608-256-6928

  • Spices

    117 State St, Madison, WI 53703

    Phone: 608-257-7742

  • Madison Public House

    380 W Washington Ave Apt 509, Madison, WI 53703

    Phone: 608-268-1601

  • Layla’s Persian Food

    141 S Butler St, Madison, WI 53703

    Persian/Iranian Phone: 608-216-4511

  • Tempest Oyster Bar

    120 E Wilson St, Madison, WI 53703

    Bars Phone: 608-258-1443

  • Soup & Salad

    309 N Henry St, Madison, WI 53703

    Salad Phone: 800-601-7491

  • Los Gemelos

    244 W Gilman St, Madison, WI 53703

    Mexican Phone: 608-467-6999

  • Hamilton’s On The Square

    101 N Hamilton St, Madison, WI 53703

    American (New) Phone: 608-665-3387

  • Bluephies Cafe at Verex Plaza

    150 E Gilman St, Madison, WI 53703

    Cafes Phone: 608-255-5060

  • Red Rock Saloon

    322 W Johnson St, Madison, WI 53703

    Music Venues Phone: 608-709-5200

  • Sals Pizza

    15 N Butler St, Madison, WI 53703

    Pizza Phone: 608-442-7200

  • Bonne Journee

    Martin Luther King jr. Blvd. and W Doty St., Madison, WI 53703

    Food Stands