For Sale

Listed by Matt Apter from Cresa

Source: Wisconsin Real Estate Exchange #716490884100

18 West Gilman Street, Madison, WI, 53703

$975,000

7
4
2
1507 sq. ft.
0.1 ac.

MultiFam

3 days on the market

What's around 18 West Gilman Street

About this property

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.

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