554 W Mifflin Street, Madison, WI 53703
- Added:
- Jun 10, 2026
- Days on Market:
- 29
- Last Refresh:
- Jul 8 at 9:06 pm
Property Features for 554 W Mifflin Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Dr2
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 9, Bedroom 3, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 7, Bedroom 8
- Appliances
- 3
- Standard status
- Active
- APN
- 0709-231-2426-1
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12341
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1904
- Floors in Building
- 3
- Number of units
- 3
Listing agent Caleb Payne (608) 556-0033
Listing office Madcityhomes.Com 629 Hilltop Dr, Madison, WI (608) 438-3150
Listing date Jun 10, 2026
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 3‑unit property in downtown Madison with 9 total bedrooms and forced‑air heating (year built 1904)
- Each unit is leased through 08/2027 and includes a full kitchen, 3 bedrooms, 1 bathroom, and a living area
- Updated basement features storage and laundry for tenants
- 4 on‑site parking spaces provide additional on‑site income
- Gross income reported as $108,900 for 2026–2027 (with several rents below market noted in remarks)
- Tenant responsibilities include electricity, garbage/recycling, cleaning, and snow removal
Overview
The building is located in downtown Madison, WI, on W Mifflin Street. Public remarks note strong southern light and that the property is the closest house on Mifflin to campus. The asset also includes four on-site parking spaces.
Each unit is leased through 08/2027, supporting steady occupancy for a new owner. Practical tenant in-place features include in-unit kitchens and basement storage and laundry. Per the lease structure described in the remarks, tenants are responsible for electricity, garbage/recycling, cleaning, and snow removal. The property is positioned for buyers seeking a turn-key, income-producing multifamily asset with parking on-site and decks on the front and rear.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.393609
- Latitude
- 43.069927