111 E Gilman Street, Madison, WI 53703

Local realty services provided by:ERA MyPro Realty
Listed by:john schneider
Office:exit realty hgm
MLS#:2007812
Source:Metro MLS
111 E Gilman Street,Madison, WI 53703
$725,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$725,000

About this home

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!

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1927
  • Listing ID #:2007812
  • Added:13 day(s) ago
  • Updated:September 10, 2025 at 03:48 PM

Heating and cooling

  • Cooling:Forced Air
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1927
  • Lot area:0.11 Acres

Schools

  • High school:East
  • Middle school:Okeeffe
  • Elementary school:Lapham/Marquette

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$725,000
  • Tax amount:$8,487 (2024)
The information being provided by Wisconsin Real Estate Exchange is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is supplied by seller and other third parties and has not been verified. 2025 Wisconsin Real Estate Exchange All rights reserved.