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About the Listing 24559 - 55106
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.
Listing Highlights for 18 W Gilman St
Interior Details
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Basement: Full,Lower basement laundry,Walk out/Outer door
- Other: Family/Rec rm,Dining room,Den/office,Range/oven,Refrigerator,Dishwasher,Wood or sim. wood floor,Shared basement,Eat-in kitchen,Balcony/patio
- Water:
Exterior Details
- Lot Description: 603300
- Garage Capacity: N/A
- Zoning: DR1-HIS-MH
- Roof:
- Others:
- Sewer:
- Parking Features: 1 Car Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
18 W Gilman St Madison, WI 53703
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