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Four-Unit Quadplex with Garage
For Sale
$900,000

426 RUSHMORE Lane, Madison, WI 53711

Multi Family, Madison, WI

Property SizeContact for details
Lot Size0.25 Acres
Days on Market57

Property Features for 426 RUSHMORE Lane

General Information

Property type Residential Multi Family
Property subtype Other
Zoning SR-V1
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 5, Bathroom 4, Bedroom 8, Bathroom 1, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 6
Parking features Garage, Driveway, Open
Accessibility Accessible Approach with Ramp
Appliances 4
Elementary school Van Hise
Middle school Hamilton
High school West
Elementary school district Madison
Middle school district Madison
High school district Madison
Directions Mineral Point Road west of Segoe, south on Presidential, right on Rushmore
Subdivision MADISON - C W11
Standard status Active
APN 0709-301-0208-6
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12236

Utilities

Heating system Forced Air

Amenities

yard
storage units

Building Details

Year built 1959
Floors in Building 2
Number of units 4
Listing Agency: Real Broker LLC
Listed By: Dan Chin Homes Team
Added: Aug 12 Changed: Sep 30 Last Checked: Oct 7 at 1:06AM
MLS# 2029597

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.

Investment Insights

Based on property information with market context.

This four-unit property in Madison has four 950-square-foot apartments, each with a practical residential layout. One unit is leased through October 1, 2026, and the other three are vacant. The property also includes a detached four-car garage, two outdoor parking spaces, lower-level storage, and a yard. Built in 1959, the building has forced-air heating and an accessible approach with a ramp. Zoning is SR-V1.

Located on Madison’s west side, the property is near parks, schools, and bus service. The combination of current occupancy, vacant apartments, and on-site parking provides a clear picture of the existing configuration.

Key Highlights

  • Four 950‑square‑foot apartments
  • One unit leased through October 1, 2026; three units vacant
  • Detached four‑car garage plus two outdoor parking spaces

Property Analytics

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Current Use

Quadplexes

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
25%
Occupancy
Single-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
View Realmo Analytics

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?
Quadplex - One apartment is leased through October 1, 2026, while the remaining three are vacant.
Where is this quadplex located?
The property is located at 426 RUSHMORE Lane 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: Four 950‑square‑foot apartments; One unit leased through October 1, 2026; three units vacant; Detached four‑car garage plus two outdoor parking spaces
More about this property
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