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$975,000

18 W Gilman Street, Madison WI, 53703

Built in1882
Property typeMulti-family
Listed by Cresa

Overview

Active

Listed Sep 16, 2026

Updated 30h ago

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.

$6,487/mo

Est. mortgage payment based on a $975,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$12,936
Tax Frequency
Annually
Garage
Yes

Listed by Matt Apter with Cresa 608-852-3001 ]]

Based on information from South Central Wisconsin Multiple Listing Service Corporation as of 9/17/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 2:22 AM UTC, 9/17/2026

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