18 W Gilman Street, Madison, WI 53703

Madison
Local realty services provided by:Better Homes and Gardens Real Estate Power Realty
Listed by: matt apter
Office: cresa
MLS#:2032800
Source:Metro MLS
18 W Gilman Street,Madison, WI 53703
$975,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$975,000

About this home

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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Home facts

  • Year built:1882
  • Listing ID #:2032800
  • Added:3 day(s) ago
  • Updated:September 20, 2026 at 03:28 PM

Rooms and interior

  • Basement Description:Full

Heating and cooling

  • Cooling:Forced Air
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1882
  • Lot area:0.1 Acres
  • Construction Materials:Wood
  • Levels:2 Story

Schools

  • High school:East
  • Middle school:Okeeffe
  • Elementary school:Lapham/Marquette

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$975,000
  • Tax amount:$12,936 (2026)

Features and amenities

  • Amenities:Water Softener

Parking

  • Parking description:2 Car Garage, 2 Space, Garage - Attached
  • Garage spaces:2
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