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$975,000

  • For Sale
  • Active
  • Apartment
  • 2 Car Garage
  • Updated 12 days ago
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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.

Full Property Details for 18 W Gilman St

General

  • Price: $975,000
  • Taxes: $12,936 (2026)
  • Status: Active
  • Type: Apartment
  • Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
  • MLS ID: 2032800
  • Updated: 9/16/2026
  • Added to Site: 12 day(s) ago

Interior

  • Interior Features: Water Softener

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: 2 Spaces
  • Garage Description: 2 Car, Attached

Location

  • Municipality: Madison
  • County: Dane
  • Driving Directions: From Capitol Square, north on Wisconsin Ave, left (west) on W Gilman St to property.

School Information

  • School District: Madison
  • Elementary School: Lapham/Marquette
  • Middle School: Okeeffe
  • High School: East

Heating & Cooling

  • Heating Fuel: Natural Gas
  • Heating/Cooling: Forced Air

Utilities

  • Water/Sewer: Municipal Water, Municipal Sewer

Structural Information

  • Description/Design: Apartment Building, 2 Stories
  • Exterior Const.: Wood
  • Basement Desc.: Full
  • Year Built: 1882

Unit Information

  • Units in Building: 4

Unit 1

  • Square Feet: 940
  • Bedrooms: 3

Unit 2

  • Square Feet: 567
  • Bedrooms: 1

Unit 3

  • Bedrooms: 2

Unit 4

  • Bedrooms: 1

Lot Features

  • Lot Size Source: Assessor/Public Record
  • Zoning: DR1-HIS-MH

Financial Considerations

  • Tax Amount: $12,936
  • Tax Year: 2026

Disclosures and Reports

  • Exclusions: Seller's and tenants' personal property.
  • Inclusions: All existing appliances, including coin-operated dryer.

Listed by Cresa

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— 18 W Gilman St —

  • Cresa

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 18 W Gilman St

School District:Madison Metropolitan School District
NameGradesDistance
Franklin Elementary School, Madison, WI
305 West Lakeside Street, Madison, WI 53715
PK-21.5 mi
Randall Elementary School
1802 Regent Street, Madison, WI 53726
3-51.5 mi
Hamilton Middle School, Madison, WI
4801 Waukesha Street, Madison, WI 53705
6-83.6 mi
West High School, Madison, WI
30 Ash Street, Madison, WI 53726
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 18 W Gilman St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/16/2026
Listed
$975,000
140.74%
MLS
4/15/2008
Sold
$405,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 18 W Gilman St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,936
11%
$683,700
6%
2024
$11,614
4%
$645,000
10%
2022
$11,185
-1%
$585,000
6%
2021
$11,265
5%
$554,000
5%
2021
$10,705
—
$528,000
10%
2020
$10,705
2%
$480,000
5%
2019
$10,541
5%
$457,000
5%
2018
$10,036
-3%
$435,000
—
2017
$10,394
1%
$435,000
5%
2016
$10,250
5%
$414,000
5%
2015
$9,799
8%
$394,000
5%
2014
$9,085
-3%
$375,000
3%
2013
$9,330
—
$364,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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18 W Gilman Street, Madison, WI 53703 (MLS# 2032800) is a Apartment property with 0 bedrooms and 0 full bathrooms. 18 W Gilman Street is currently listed for $975,000 and was received on September 16, 2026. Want to learn more about 18 W Gilman Street? Do you have questions about finding other Apartment real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

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