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Updated Brick 4-Unit Property
For Sale
$900,000

426 Rushmore Ln, Madison, WI 53711

Updated brick 4-unit with vinyl double-pane windows, renovated kitchens and tile baths, plus decks or patios.

Property Size950 SF
Price / SF$947.37
Days on Market216

Property Features for 426 Rushmore Ln

General Information

Standard status Active
Size 950 SF
Total Parking Spaces 8
Property subtype Multi-Family

Additional Details

Multifamily Units 4

Amenities

deck/patios
private storage spaces
common space
washer & dryer
water softener

Building Details

Year Built 1959
Construction brick
Tenancy Multi
Listing Agency: Real Broker LLC
Listed By: Dan Chin Homes Team
Source: Soldinmadison
Added: Mar 13 Changed: Oct 4 Last Checked: Oct 7 at 2:25PM

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 Real Broker LLC

Investment Insights

Based on property information with market context.

This updated brick four-unit residential property is positioned in very good condition, with a mix of original character and numerous renovations throughout. Units feature renovated eat-in kitchens with full-length glass or tile backsplashes, high-grade wood cabinetry, and dishwashers, along with classic tile bathrooms around tub areas and tile on the floor and behind sinks and toilets. The property also includes wood floors in living and bedroom areas, vinyl double-pane windows, and decks or patios off the back.

The building offers outdoor space and off-street convenience, including additional concrete parking stalls for each unit and yard area for use. There are private storage spaces in the basement alongside substantial common space, and separate newer mechanicals including a water softener plus in-unit washer and dryer.

An on-site four-car garage with extra storage space supports the property’s parking and storage needs.

Key Highlights

  • Updated 4‑unit brick building built in 1959
  • Vinyl double‑pane windows throughout
  • Renovated eat‑in kitchens with high grade wood cabinetry and dishwashers (4 per unit)

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service Electrical Service Building Supply Pharmacy Parking Lot & Garage Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

688
Businesses Nearby

Demographics for 53711, WI

51,448
Population
23,500
Households
2.2
Avg Household Size
37
Median Age
66%
College-Educated
97%
High-School Grad
26.0 sq mi
ZIP Area
1,979
Density / Sq Mi
$101,236
Median Household Income
$55,284
Median Earnings
$1,357
Median Rent
$387,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Updated brick 4-unit with vinyl double-pane windows, renovated kitchens and tile baths, plus decks or patios.
Where is this multifamily property located?
The property is located at 426 Rushmore Ln Madison, WI.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Updated 4‑unit brick building built in 1959; Vinyl double‑pane windows throughout; Renovated eat‑in kitchens with high grade wood cabinetry and dishwashers (4 per unit)
More about this property
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