18 W Gilman Street, Madison, WI 53703 (MLS # 2032800)

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Listed with Cresa

Price $975,000
Status Active
Beds 7
Baths 0 Bath
Home size n/a
Lot Size 4,356 sqft
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.
Property Type(s): Multi Family
Last Updated 9/16/2026 Year Built 1882
Garage Spaces 2.0 County Dane

SCHOOLS

School District Madison
Elementary School Lapham/Marquette
Jr. High School OKeeffe
High School East

Additional Details

APPLIANCES Dryer, Water Softener
BASEMENT Full, Yes
CONSTRUCTION Wood Siding
GARAGE Yes
LOT 4356 sq ft
MLS STATUS Active
PARKING Attached, Concrete, Off Street, Parking Lot, Paved
SEWER Public Sewer
TAXES 12936
WATER Public
Listed with Cresa

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