Contingent

$375,000

3140 W DREXEL AVENUE, Franklin, WI 53132

--beds

--baths

4.78Acres

Unimproved Land

Built in ----

4.78 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Outstanding 4.78 acre development opportunity in the thriving City of Franklin! This two-parcel property provides dual access from S 31st Street and high-traffic W Drexel Avenue, offering both convenient entry and maximum visibility. Zoned B-MU (Business Mixed-Use), the land allows exceptional flexibility for projects such as single family homes, multifamily apartments, larger condominium communities, medical or professional office space, retail centers, or a dynamic mixed-use development similar to Drexel Town Square. With utilities already at the street, the site reduces upfront costs and streamlines development. Positioned in a high-growth corridor, this property offers investors and developers strong returns and long-term value. Previously listed as 7775 S 31st St.

306 days

118

9

Facts & features

Interior

Video & virtual tour

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Property

Lot

Size: 4.78 Acres
Features: Level, Wetlands, Wooded, Raw Land, Curb/gutter

Details

Additional parcels included: 7869994001
Parcel number: 7869991000
Zoning: B-MU

Utilities & green energy

Sewer: Public Sewer
Water: Public, Municipal Water Required
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected

Community & HOA

Location

Region: Franklin
Municipality: Franklin

Financial & listing details

Tax assessed value: $190,800
Annual tax amount: $4,262
Date on market: 9/9/2025
Listing terms: Sell in Entirety
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

$1,400/mo

Price history

Date	Event	Price
7/2/2026	Contingent	$375,000
Source: WIREX MLS #1933286 Report a problem
9/9/2025	Listed for sale	$375,000+53.1%
Source: WIREX MLS #1933286 Report a problem
6/5/2021	Listing removed	--
Source: Owner Report a problem
8/6/2020	Listing removed	$245,000
Source: Owner Report a problem
6/6/2020	Price change	$245,000-3.9%
Source: Owner Report a problem
11/7/2019	Price change	$255,000-5.2%
Source: Owner Report a problem
8/1/2019	Price change	$269,000-3.6%
Source: Owner Report a problem
5/2/2019	Price change	$279,000-2.1%
Source: Owner Report a problem
2/25/2019	Price change	$285,000-1.7%
Source: Owner Report a problem
12/2/2018	Listed for sale	$290,000-3.3%
Source: Owner Report a problem
10/28/2018	Listing removed	$300,000
Source: Owner Report a problem
7/18/2018	Listed for sale	$300,000
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,782 +59.9%	$190,100 +77.7%
2023	$1,739 -14.1%	$107,000
2022	$2,024 -8.1%	$107,000 +4.7%
2021	$2,201	$102,200
2020	$2,201 -0.4%	$102,200 +3.1%
2019	$2,209 +2.2%	$99,100
2018	$2,162 -3.2%	$99,100
2017	$2,234	$99,100
2015	--	$99,100

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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