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Listed by EXIT Realty HGM
$ 725,000
New
111 E Gilman Street Madison, WI 53703
4 Beds
3 Baths
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 story
Listing Status Active
Purchase Type For Rent
MLS Listing ID 2007812
Bedrooms 4
Full Baths 3
Year Built 1927
Annual Tax Amount $8,487
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type 2 story
Property Description
Fantastic investment opportunity in the heart of Madison! This charming brick three-unit rental building is perfectly located in one of the city's most desirable & high-demand neighborhoods. The property features a mix of units—one spacious two-bedroom, one one-bedroom, & one studio—offering versatility and broad appeal to renters. Currently, the two-bedroom & studio units are tenant-occupied, providing immediate rental income, while the one-bedroom unit is available & being marketed for short-term rental use. This allows an investor to step into an income-producing property with additional upside potential. The historic brick exterior, proximity to downtown amenities, and strong rental market in this area make this property a standout choice for seasoned or first-time investors!
Location
State WI
County Dane
Area Madison - C W01
Zoning Res
Direction .
Rooms
Basement None
Interior
Heating Forced air
Inclusions 3 oven/stoves, 3 refrigerators
Heat Source Natural Gas
Exterior
Parking Features Outside
Building
Water Municipal water, Municipal sewer
Structure Type Brick
Schools
Elementary Schools Lapham/Marquette
Middle Schools Okeeffe
High Schools East
School District Madison
This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2025 South Central Wisconsin MLS Corporation. All rights reserved
Copyright 2025 South Central Wisconsin MLS Corporation. All rights reserved
