554 W Mifflin Street, Madison, WI 53703 (MLS # 2023152)

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Listed with Madcityhomes.Com

Price $1,345,000
Status Active
Beds 9
Baths 0 Bath
Home size n/a
Lot Size 2,178 sqft
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.
Property Type(s): Multi Family
Last Updated 5/13/2026 Year Built 1904
County Dane

SCHOOLS

School District Madison
Elementary School Franklin/Randall
Jr. High School Hamilton
High School West

Additional Details

APPLIANCES Dishwasher, Dryer, Refrigerator
BASEMENT Full, Yes
CONSTRUCTION Vinyl Siding
LOT 2178 sq ft
MLS STATUS Active
SEWER Public Sewer
TAXES 12341
WATER Public
Listed with Madcityhomes.Com

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