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554 West Mifflin Street

Madison WI 53703

9
3
1824 sq. ft.
0.05 ac.
Multi-Family
Currently for sale - view listing

Overview

An exceptional opportunity in downtown Madison, WI, this 3-unit, 9-bedroom is the closest house on Mifflin to campus with great southern light, full front decks, and rear exit decks. Each unit in this turn-key property is leased thru 08/2027 and offers a spacious and practical layout, including a full kitchen, three bedrooms, one bathroom, and a comfortable living area. Tenants appreciate the updated basement with storage and laundry. Additional income is generated through four on-site parking spaces. Tenants are responsible for electricity, garbage/recycling, cleaning, and snow removal. With gross income of $108,900 for 2026/2027 and several rents below market, a new buyer has the potential to earn an even greater return on their investment through future lease adjustments.

Features

9 bedrooms
3 bathrooms
1824 sq. ft. floor area
0.05 ac. lot size
Multi-Family

Property history for 554 West Mifflin Street

2025
Sold
$909,000
22 Aug 2025 by Caleb Payne, of Madcityhomes.Com

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.

Local market activity for 9 bedroom multi families in Madison

In the last 12 months, 1 nine-bedroom multi family similar to 554 West Mifflin Street, have been sold.

This represents a 50% increase in nine-bedroom multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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