18 W Gilman Street, Madison, WI 53703
18 W Gilman Street, Madison, WI 53703
18 W Gilman Street, Madison, WI 53703
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Listed by Cresa
$975,000
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7 Beds
4 Baths
2,970 SqFt
New

18 W Gilman Street Madison, WI 53703

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Areal Guenther

Areal Guenther

+1(608) 358-9201

UPDATED:

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

South Central Wisconsin MLS (SCWMLS)
This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved

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Areal Guenther

Areal Guenther

Realtor

+1(608) 358-9201

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18 W Gilman Street

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