18 W Gilman Street Madison, WI $ 975,000
18 W Gilman Street
$ 975,000
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18 W Gilman Street

Madison, WI, 53703
$ 975,000
Bedrooms7 Baths4.0 Sq 2,970

Monthly Estimate*

$ 6,156

Listed by Cresa
18 W Gilman Street, Madison, WI 53703 - Image 1
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Multi-Family Home for sale in Madison, WI

for $975,000 with 7 bedrooms and 4 full baths. This 2,970 square foot home was built in 1882 on a lot size of 0.1.

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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Multi-Family Active

Price

$ 975,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 12,936

Style

Lot Size

0.1

Year Built

1882

Town/City

Madison

County/Region

Dane

MLS | Web ID

2032800

Features
Interior
Heating Type Forced air
Basement Full Lower basement laundry Walk out/Outer door
Total Number of Units 4
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General
Heating Natural Gas
Utilities Electric Included Heat Included Sewer Included Water Included
Zoning DR1-HIS-MH
School District Madison
County Dane
Miscellaneous Close to bus line Shared laundry Water Softener Owned
Class Multi Family
Tax Year 2026
Status Active
Status Detail 0
Year Built 1882
Directions From Capitol Square north on Wisconsin Ave left (west) on W Gilman St to property.
High School East
City Madison
Elementary School Lapham/Marquette
Middle School OKeeffe
DOM 1
County Qtr Section West Metro Madison
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Exterior
Exterior Wood
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* Excluded Features
List By
Cresa

Broker

(608) 852-3001

Phone

mapter@cresa.com

Email

Affordability Calculator

$7,234
Per Month
85%
15%
0%
Monthly Principal & Interest
$6,156
Monthly Property Taxes
$1,078
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1832984 Elementary School
1832689 Middle School
East High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2026$975,000 Listed Price

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18 W Gilman Street, Madison, WI, 53703 is a Multi-Family Home for sale at $975,000 with 2,970 sqft and a lot size of 0.1. 18 W Gilman Street has 7 bedrooms, 4.0 baths, and was built in 1882. The property's zip code is 53703 which is in Madison, WI