$400,000

7775 S 31st St Franklin, WI 53132

4.8 acres
Land

Property details

About 7775 S 31st St

An incredible opportunity awaits with this unique property, offering two parcels that will be sold as a package 7775 S 31st St and 3140 W Drexel Ave. This almost 5-acre lot provides the perfect setting to build your dream home, offering both space and privacy. Zoned R6 residential with no subdivision restrictions, you'll have the flexibility to create the property you've always envisioned. Utility access is available from 31st St, with wetlands along the Drexel Ave frontage. Located in the desirable 27th Street Business Corridor overlay, this land also presents additional possibilities for development. Don't miss this rare chance to bring your vision to life!

Highlights

Home typeVacant Land
StatusActive
Lot size4.78 Acres
MLS #1896928

Summary

  • List Price: $400,000
  • Annual Tax Amount: $744
  • Tax Year: 2023
  • Municipality: Franklin
  • Lot Size: 4.78 Acres
  • MLS Number: 1896928
  • MLS Name: WIREX_METRO
  • Office Name: Shorewest Realtors - South Metro
  • Office Email: PropertyInfo@shorewest.com
  • Listing Agent: Lina Khaddour

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 8:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$400,000

7775 S 31st St

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Price information

Property sales

DateEventPrice
Jun 24, 2021
Home Sold
$200,000

Tax history

YearAssessmentProperty Tax
2023$45,800$744
2022$45,800$796
2021$42,800$921
2020$-$847

History based on county public records data.

Nearby schools

4

Forest Ridge Elementary School

Public District PK-5

0.7 mi

2200 W Drexel Ave

7

Pleasant View Elementary School

Public District PK-5

0.9 mi

4601 W Marquette Ave

3

Cedar Hills Elementary School

Public District PK-5

1.6 mi

2225 W Sycamore Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $86,241. The majority of Franklin, WI residents have income between $100k-200k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

24%
<35k
35%
35k-100k
36%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

34%
Single, No Kids
5%
Single, with Kids
33%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
15%
18-34 yrs old
45%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Symphony or OperaSymphony or Opera
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Chico'sChico's
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Boston MarketBoston Market
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • MazdaMazda
  • VolvoVolvo
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Franklin, WI

Franklin's transport infrastructure supports both private and public transit options, with a focus on convenience and connectivity. The area is served by a network of major roads and highways, facilitating easy travel to surrounding regions. Public transportation provides a reliable service for commuters, with schedules designed to accommodate peak travel times. The community is also increasingly catering to pedestrians and cyclists, with paths and lanes encouraging these eco-friendly modes of transport. Ride-sharing services are available, complementing the existing transport options and enhancing mobility within Franklin.

The community is served by a network of public schools, ensuring educational opportunities for children at various levels. Healthcare needs are met by nearby clinics and hospitals equipped with a range of services from primary care to specialized treatments. Franklin also features a public library system that supports lifelong learning and community engagement. Retail and dining options are reflective of the local culture, with a mix of national chains and independent businesses that cater to the tastes and needs of residents.

Franklin is celebrated for its tranquil suburban atmosphere, offering residents a peaceful retreat from the hustle of city life. The community prides itself on its well-maintained parks and recreational facilities, which serve as hubs for family activities and outdoor enthusiasts. Seasonal events and local farmers' markets are integral to Franklin's social fabric, fostering a sense of community and providing opportunities for residents to connect and enjoy the area's local produce and crafts.

Franklin's housing market is characterized by a diverse array of options, with single-family homes being a significant presence. These homes exhibit a range of architectural styles, from contemporary to ranch and colonial, reflecting the community's varied tastes and historical development. The housing stock also includes a selection of condominiums and apartments, providing alternatives for those seeking different living arrangements. The area's construction history is marked by a blend of established homes and newer developments, offering a choice between classic charm and modern amenities.

About 7775 S 31st St

The listing price of 7775 S 31st St property is $400,000.

The property 7775 S 31st St is land located in Franklin, Wisconsin, 53132.

Active Listing: 7775 S 31st St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7775 S 31st St are: Forest Ridge Elementary School (GreatSchools Rating 4/10), Pleasant View Elementary School (GreatSchools Rating 7/10), Cedar Hills Elementary School (GreatSchools Rating 3/10), West Middle School (GreatSchools Rating 8/10), Victory Elementary School (GreatSchools Rating 4/10), Garland Elementary School (GreatSchools Rating 3/10), Franklin High School (GreatSchools Rating 9/10), Oak Creek High School (GreatSchools Rating 5/10), Greendale High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $744 (source: MLS/based on county public records data).

The last sale was on June 24, 2021 for $200,000 (source: MLS/tax record).

The property 7775 S 31st St is 4.78 acres.

This home is located at 7775 S 31st St in Franklin, WI and zip code 53132. Features: 0 bathroom. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $400,000.

Over 6 listings were sold over their listed price in March 2025 in Franklin, WI. In the same period over 5 listings were sold below the listed price and 1 listings were sold for the listed price. In March 2025 in Franklin, WI there were 27.3% more homes for sale than in February.

From Rocket Homes Real Estate and based on county public records data.

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