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18 West Gilman Street

Madison WI 53703

7
4
2
1507 sq. ft.
0.1 ac.
Multi-Family
Currently for sale - view listing

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
1507 sq. ft. floor area
0.1 ac. lot size
Multi-Family

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Local market activity for 7 bedroom multi families in Madison

In the last 12 months, 3 seven-bedroom multi families similar to 18 West Gilman Street, have been sold.

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