18 West Gilman Street

Madison WI 53703

2970 sq. ft.

0.1 ac.

Multi-Family

Last sold for $950,000

Matt Apter, last sold this property on 26 October 2026 after 39 days on market.

Overview

Rare opportunity to own a 4-unit investment property in Madison's highly desirable Mansion Hill neighborhood. Excellent location near the Capitol, UW-Madison campus, State Street and downtown amenities. Property features a desirable unit mix consisting of one 3-bedroom, one 2-bedroom and two 1-bedroom apartments, plus a 2-car garage and 2 additional surface parking spaces. Proforma gross annual income of $81,422 with leases in place through August 14, 2027. Historic 1882 property features hardwood floors and ornate woodwork along with recent improvements including exterior painting (2026), new furnace (2025), EPDM roof and railing above garage (2024), partial roof shingle replacements and coin-operated dryer. Legacy property held by current ownership for 18 years.

Features

7 bedrooms

4 bathrooms

2 carspaces

2 garage spaces

2970 sq. ft. floor area

0.1 ac. lot size

Multi-Family

Estimated Value

We need at least 3 similar 7 bedroom multi families sold in Madison over the last 12 months.

Property history for 18 West Gilman Street

2026

Sold

$950,000

26 Oct 2026 by Matt Apter, of Cresa

Happy sellers in Madison

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