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$900,000 Just Listed
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Property Description
Fantastic opportunity for investors to secure a cash-flowing multi-family property on Madison?s West side, close to parks, schools, and the bus line. One unit is currently leased through 10/1/2026, providing immediate income, and the other three are vacant and ready to be rented. Median market rent is $1600/month granting you a stable cash flow each month. Each unit offers 950 sqft and a smart, renter-friendly layout. A detached 4-car garage plus two additional outdoor spaces provides tenants with ample parking space. Inviting yard perfect for gardening, newer appliances, storage units in the lower level. Tenants pay for electricity & gas/heat. A high-demand addition to any investment portfolio.
Full Property Details
Full Property Details for 426 Rushmore Ln
General
- Price: $900,000
- Taxes: $12,236 (2025)
- Status: Active
- Type: Apartment
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2029597
- Updated: 8/17/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Water Softener
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: 2 Spaces, Outside
- Garage Description: 1 Car, 2 Car, Detached, Opener Included
Location
- Municipality: Madison
- County: Dane
- Driving Directions: Mineral Point Road west of Segoe, south on Presidential, right on Rushmore
School Information
- School District: Madison
- Elementary School: Van Hise
- Middle School: Hamilton
- High School: West
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
- Utility Description: Separate Electric Meters, Separate Gas Meters
Structural Information
- Description/Design: Apartment Building, 2 Stories
- Exterior Const.: Brick
- Basement Desc.: Full, Poured Concrete
- Year Built: 1959
Unit Information
- Units in Building: 4
Unit 1
- Square Feet: 950
- Bedrooms: 2
Unit 2
- Square Feet: 950
- Bedrooms: 2
Unit 3
- Bedrooms: 2
Unit 4
- Bedrooms: 2
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: SR-V1
Financial Considerations
- Tax Amount: $12,236
- Tax Year: 2025
Disclosures and Reports
- Inclusions: Range/Oven (4), Dishwasher (4), Refrigerator (4), Disposal (4), Washer (1), Dryer (1), Water Softener (1), All Window Coverings
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Schools
Schools serving 426 Rushmore Ln
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Van Hise Elementary School 4747 Waukesha Street, Madison, WI 53705 | K-5 | 0.5 mi |
Hamilton Middle School, Madison, WI 4801 Waukesha Street, Madison, WI 53705 | 6-8 | 0.5 mi |
West High School, Madison, WI 30 Ash Street, Madison, WI 53726 | 9-12 | 2.1 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 426 Rushmore Ln
Date
Details
Price
Change
Source
8/13/2026
Listed
$900,000
—
MLS
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
Tax History for 426 Rushmore Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,237
18%
$660,800
12%
2024
$10,361
4%
$590,000
10%
2022
$9,981
11%
$535,000
5%
2021
$9,008
10%
$508,000
20%
2021
$8,189
—
$423,000
15%
2020
$8,189
—
$368,000
—
2019
$8,222
5%
$368,000
5%
2018
$7,804
8%
$350,000
12%
2017
$7,193
1%
$311,700
4%
2016
$7,105
-1%
$299,700
—
2015
$7,179
-1%
$299,700
—
2014
$7,261
1%
$299,700
3%
2013
$7,156
—
$290,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 426 Rushmore Ln
426 Rushmore Lane, Madison, WI 53711 (MLS# 2029597) is a Apartment property with 0 bedrooms and 0 full bathrooms. 426 Rushmore Lane is currently listed for $900,000 and was received on August 13, 2026. Want to learn more about 426 Rushmore Lane? 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.

