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18 W Gilman Street Madison, WI 53703 • Multi Unit - Multiple • Active

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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.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Dane
High School: East
Listed By:
Cresa 608-852-3001
SCWMLS

Units

Unit 1:
Bedrooms: 3
Full Baths: 1
Parking Description: 1 Car Garage
Square Feet: 940
Unit 2:
Bedrooms: 1
Full Baths: 1
Parking Description: 1 Car Garage
Square Feet: 567
Unit 3:
Bedrooms: 2
Full Baths: 1
Parking Description: 1 Space
Square Feet: 948
Unit 4:
Bedrooms: 1
Full Baths: 1
Parking Description: 1 Space
Square Feet: 515
$975,000
Est. $6,765/mo

Listing Courtesy of: Cresa
Agency Phone: 608-852-3001
IDX logo


New to the Market Active
BEDS0 BATHS MLS#2032800
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMadison
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Shown By

Regen Johnson
 (563) 650-8191

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18 W Gilman Street, Madison, WI 53703.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $975,000$975,000$975,000
Down Payment $195,000$34,125$243,750
Monthly Mortgage Amount $5,124$6,209$6,220
Taxes $1357$1357$1357
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$585$0
Monthly Estimated Total $6,765$8,435$7,861

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/19/2026. The listing information on this page last changed on 09/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 09/19/2026 2:41:37 AM EST) or MRED MLS (last updated Sat 09/19/2026 2:04:06 AM EST) or SCWMLS (last updated Fri 09/18/2026 11:55:15 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 09/18/2026 10:15:52 PM EST) or Cedar Rapids MLS (last updated Fri 09/18/2026 10:44:17 PM EST) or NEIRBR MLS (last updated Sat 09/19/2026 1:18:42 AM EST) or ICAAR MLS (last updated Fri 09/18/2026 11:37:29 PM EST) or ECIMLS (last updated Fri 09/18/2026 11:44:34 PM EST) or RMLSA (last updated Sat 09/19/2026 1:10:56 AM EST) or Muscatine MLS (last updated Sat 09/19/2026 2:00:11 AM EST) or No Coast MLS (last updated Sat 09/19/2026 12:44:23 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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