111 East Gilman Street

Madison WI 53703

0.11 ac.

Multi-Family

Last sold for $720,000

John Schneider, last sold this property on 15 October 2025 after -48 days on market.

Overview

Fantastic investment opportunity in the heart of Madison! This charming brick three-unit rental building is perfectly located in one of the city?s most desirable & high-demand neighborhoods. The property features a mix of units?one spacious two-bedroom, one one-bedroom, & one studio?offering versatility and broad appeal to renters. Currently, the two-bedroom & studio units are tenant-occupied, providing immediate rental income, while the one-bedroom unit is available & being marketed for short-term rental use. This allows an investor to step into an income-producing property with additional upside potential. The historic brick exterior, proximity to downtown amenities, and strong rental market in this area make this property a standout choice for seasoned or first-time investors!

Features

4 bedrooms

3 bathrooms

0.11 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Madison over the last 12 months, the estimated median property value of 111 East Gilman Street is $720k.

Median value

$720k

Estimated value range

$342k - $1.35m

Median days on market

Estimated value trend

21%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Madison. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 111 East Gilman Street

2025

Sold

$720,000

15 Oct 2025 by John Schneider, of EXIT Realty HGM

Happy sellers in Madison

We have insufficient information to provide an overview of customer satisfaction for Madison. Viewing the agent profiles, reviews and sales for Madison can provide insights for this location.