Kevin Harris, 36, and Shauntai Harris, 30, are charged with a long list of drug and weapons offenses.
Police say they discovered the stash when officers stopped the pair in the 500 block of North Franklin Street a week ago.
Investigators say they seized an AK-47 assault rifle and other weapons, along with $59,000 worth of drugs.
Both are behind bars.
Bail for Kevin Harris, a convicted felon, was set at $5 million. Bail for Shauntai Harris was set at $431,100.