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Andy Beiser

Beiser Realty, LLC

andyb@beiserrealty.com +1(920) 744-3399

Listed by Cresa

$ 975,000

7 Beds

4 Baths

2,970 SqFt

Save

$ 975,000

Save

7 Beds

4 Baths

2,970 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment building,2 story

Listing Status Active

Purchase Type For Rent

Square Footage 2,970 sqft

MLS Listing ID 2032800

Bedrooms 7

Full Baths 4

Year Built 1882

Annual Tax Amount $12,936

Tax Year 2026

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Apartment building,2 story

Property 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.

Location

State WI

County Dane

Area Madison - C W01

Zoning DR1-HIS-MH

Direction From Capitol Square, north on Wisconsin Ave, left (west) on W Gilman St to property.

Rooms

Basement Full, Lower basement laundry, Walk out/Outer door

Interior

Heating Forced air

Inclusions All existing appliances, including coin-operated dryer.

Heat Source Natural Gas

Exterior

Parking Features 2 stall garage, Attached, 2 spaces, Concrete, Driveway Entrance, Inside parking, Off street, Parking lot, Paved

Utilities Available Electric Included, Heat Included, Sewer Included, Water Included

Building

Water Municipal sewer, Municipal water

Structure Type Wood

Schools

Elementary Schools Lapham/Marquette

Middle Schools Okeeffe

High Schools East

School District Madison

Nearby Locations

Restaurants

Home Services

Health & Medical

Local Services

Shopping

Recreation

Arts & Entertainment

Food

Beauty

Nightlife

Event Planning & Services

Automotive

Religious Organizations

Financial Services

Professional Services

Travel

Local Media

Education

Public Services & Government

The Paradise Lounge

119 W Main St, Madison, WI 53703

American (New) Phone: 608-256-2263
Shamrock Bar & Grille

117 W Main St, Madison, WI 53703

Gay Bars Phone: 608-259-8480
Badgerland Bar & Grill

525 W Johnson St, Madison, WI 53703

American (Traditional) Phone: 608-251-3033
Fresco

227 State St, Madison, WI 53703

American (New) Phone: 608-663-7374
Short Stack Eatery

301 W Johnson St, Madison, WI 53703

Breakfast & Brunch Phone: 608-709-5569
Francisco’s Mexican Cantina

121 E Main St, Madison, WI 53703

Mexican Phone: 608-294-1100
Samba Lounge

240 W Gilman St, Madison, WI 53703

Lounges Phone: 608-257-3300
The Statehouse

1001 Wisconsin Pl, Madison, WI 53703

American (New) Phone: 608-535-8222
Mr Brews Taphouse

305 W Johnson St, Madison, WI 53703

Burgers Phone: 608-819-6841
Estrellón

313 W Johnson St, Madison, WI 53703

Cafes Phone: 608-251-2111
Gooseberry on the Square

1 S Pinckney St, Madison, WI 53703

Salad Phone: 608-467-6552
Natt Spil

211 King St, Madison, WI 53703

Bars Phone: 608-258-8787
Casa de Lara

341 State St, Madison, WI 53703

Mexican Phone: 608-251-7200
Main Depot Tavern

627 W Main St, Madison, WI 53703

American (Traditional) Phone: 608-257-3100
Pinkus McBride Market

301 N Hamilton St, Madison, WI 53703

Grocery Phone: 608-284-8000
Come Back In

508 E Wilson St, Madison, WI 53703

Bars Phone: 608-258-8619
Opus Lounge

116 King St, Madison, WI 53703

Lounges Phone: 608-441-6787
The Side Door Grill and Tap

240 W Gilman St, Madison, WI 53703

American (Traditional) Phone: 608-310-4800
Teddywedgers

101 State St, Madison, WI 53703

Cafes Phone: 608-230-5360
Tiki Shack

122 State St, Madison, WI 53703

Bars Phone: 608-395-1965
The Rigby Pub And Grill

119 E Main St, Madison, WI 53703

American (New) Phone: 608-442-1112
Restaurant Muramoto

225 King St, Madison, WI 53703

Asian Fusion Phone: 608-259-1040
Jerome’s

22 S Carroll St, Madison, WI 53703

American (Traditional) Phone: 608-285-8000
Day Break Cafe

1 W Wilson St, Madison, WI 53702

Phone: 608-257-2233
Subway

19 W Main St, Madison, WI 53703

Fast Food Phone: 608-255-1636
Chasers Bar & Grille

319 W Gorham St, Madison, WI 53703

Sandwiches Phone: 608-512-0501
The Boathouse

1001 Wisconsin Pl, Madison, WI 53703

American (Traditional) Phone: 800-922-5512
The Cooper’s Tavern

20 W Mifflin St, Madison, WI 53703

Pubs Phone: 608-256-1600
Echo Tap & Grill

554 W Main St, Madison, WI 53703

Pizza Phone: 608-256-6928
Spices

117 State St, Madison, WI 53703

Phone: 608-257-7742
Madison Public House

380 W Washington Ave Apt 509, Madison, WI 53703

Phone: 608-268-1601
Layla’s Persian Food

141 S Butler St, Madison, WI 53703

Persian/Iranian Phone: 608-216-4511
Tempest Oyster Bar

120 E Wilson St, Madison, WI 53703

Bars Phone: 608-258-1443
Soup & Salad

309 N Henry St, Madison, WI 53703

Salad Phone: 800-601-7491
Los Gemelos

244 W Gilman St, Madison, WI 53703

Mexican Phone: 608-467-6999
Hamilton’s On The Square

101 N Hamilton St, Madison, WI 53703

American (New) Phone: 608-665-3387
Bluephies Cafe at Verex Plaza

150 E Gilman St, Madison, WI 53703

Cafes Phone: 608-255-5060
Red Rock Saloon

322 W Johnson St, Madison, WI 53703

Music Venues Phone: 608-709-5200
Sals Pizza

15 N Butler St, Madison, WI 53703

Pizza Phone: 608-442-7200
Bonne Journee

Martin Luther King jr. Blvd. and W Doty St., Madison, WI 53703

Food Stands

18 W Gilman Street Madison, WI 53703