$975,000

18 W Gilman Street, Madison, WI 53703

Multi-Family Home
Built in 1882
4,356sqft lot
2 car garage
$——/sqft
Listed 22 days ago

Property Description

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.

Listing Status:: Active
Data Last Updated:: October 9, 2026 at 12:48PM
Listing Office:: Cresa : 6088523001
Listing Agent:: Matt Apter : 6088523001
MLS ID:: 716490884100

General: Water Softener
Basement: Full
A/C: Forced Air

General: Wood
Parking: 2 Space

General: Apartment Building2 Story

Originating MLS: WIREX_SCW
School District: Madison
County: DANE

Zoning: DR1-HIS-MH070914408096

Sewer: Municipal WaterMunicipal Sewer

Source: WIREX_SCW
Exclusions: Seller's and tenants' personal property.

This listing courtesy of Matt Apter , Cresa

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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