126 N Franklin Street, Madison, WI 53703

• 5 beds |
• 2 baths |
• 1,742 sqft

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.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 4:52AM

Listing Office:

EXIT Realty HGM : 6085632272

Listing Agent:

Imani Jones : 6083957600

MLS ID:

715390300700

Interior

• Master Bedroom: Main
• Master Bath: No Master Bedroom Bath
• Appliances: Window A/C
• Basement: Full

Exterior

• General: Wood
• Style: Cape Cod

Construction

• General: 1.5 Story

Location

• Originating MLS: WIREX_SCW
• School District: Madison
• County: DANE

Lot

• Zoning: DR10709-133-2127-3

Utilities

• Sewer: Municipal WaterMunicipal Sewer

Financial

• Source: WIREX_SCW
• Exclusions: Seller and Tenant Personal Property