18 W Gilman Street, Madison, WI 53703

Madison
Local realty services provided by:Better Homes and Gardens Real Estate Special Properties
18 W Gilman Street,Madison, WI 53703
$950,000
  • 7 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: matt apter
Office: cresa
MLS#:2032800
Source:WIREX Via South Central Wisconsin MLS

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Price summary

  • Price:$950,000

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:56 day(s) ago
  • Updated:November 12, 2026 at 09:16 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4
  • Basement Description:Full

Heating and cooling

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

Structure and exterior

  • Year built:1882
  • Construction Materials:Stucco
  • 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:$950,000
  • Tax amount:$12,936 (2026)

Features and amenities

  • Amenities:Water Softener

Parking

  • Parking description:2 Car Garage, 2 Space, Garage - Attached
  • Garage spaces:2
2026 Wisconsin Real Estate Exchange (WIREX) Information deemed reliable, but not guaranteed. This information, provided by seller, listing broker, and other parties, may not have been verified. Information is provided exclusively for consumers personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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