Historic Four-Unit
For Sale
$975,000
18 W Gilman St, Madison, WI 53703
Madison income property with varied apartment layouts, garage parking, and leases extending through August 14, 2027.
Property SizeContact for details
Days on Market10
Property Features for 18 W Gilman St
General Information
Standard status
Active
Property subtype
Multi-Family
Building Details
Year Built
1882
Listed By:
Briggs Realty Group
(608) 755-5400
Source:
Thebriggsrealtygroup
Added: Sep 18
Changed: Sep 24
Last Checked: Sep 26 at 6:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Briggs Realty Group
Investment Insights
Based on property information with market context.
This four-unit quadplex at 18 W Gilman St combines historic character with a varied apartment configuration: one three-bedroom unit, one two-bedroom unit, and two one-bedroom units. The 1882 property includes hardwood floors, ornate woodwork, a two-car garage, and two additional surface parking spaces. A coin-operated dryer serves the building.
Ownership improvements include a new furnace installed in 2025, an EPDM roof and garage railing completed in 2024, partial roof shingle replacements, and exterior painting scheduled for 2026. Leases are in place through August 14, 2027.
The property is in Madison’s Mansion Hill neighborhood, near the Capitol, UW-Madison campus, State Street, and downtown amenities.
Ownership improvements include a new furnace installed in 2025, an EPDM roof and garage railing completed in 2024, partial roof shingle replacements, and exterior painting scheduled for 2026. Leases are in place through August 14, 2027.
The property is in Madison’s Mansion Hill neighborhood, near the Capitol, UW-Madison campus, State Street, and downtown amenities.
Key Highlights
- Four‑unit layout with one 3‑bedroom, one 2‑bedroom, and two 1‑bedroom apartments
- Two‑car garage plus 2 additional surface parking spaces
- 1882 building with hardwood floors and ornate woodwork
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,097
Businesses Nearby
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Business Placement
Demographics for 53703, WI
38,512
Population
21,025
Households
1.8
Avg Household Size
27
Median Age
69%
College-Educated
98%
High-School Grad
1.8 sq mi
ZIP Area
21,396
Density / Sq Mi
$46,618
Median Household Income
$27,923
Median Earnings
$1,445
Median Rent
$472,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Madison income property with varied apartment layouts, garage parking, and leases extending through August 14, 2027.
Where is this quadplex located?
The property is located at 18 W Gilman St Madison, WI.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Four‑unit layout with one 3‑bedroom, one 2‑bedroom, and two 1‑bedroom apartments; Two‑car garage plus 2 additional surface parking spaces; 1882 building with hardwood floors and ornate woodwork
