15 E Gilman St Madison, WI 53703
Downtown Madison NeighborhoodHighlights
- Fenced Yard
- Water Softener is Owned
- 1-minute walk to Period Garden Park
- Fireplace
- Laundry Facilities
About This Home
As of December 2024Truly unique investment opportunity in Madison's Mansion Hill district. This meticulously maintained 7-unit apartment building has been updated and restored from top to bottom, combining the neighborhood’s historic class with upscale modernization. Next owner will delight in a turnkey operation with little to no maintenance. 3rd floor features a completely remodeled 3-bedroom penthouse with capitol views. Versatile property: ideal for diverse rental strategies—traditional leases at market rates, short-term rentals, or personal use of the penthouse. Steps from the Capitol Square and the shores of Lake Mendota, this building embodies a quintessential Madison experience. (Property updates, lease details, and rent roll attached in additional docs).
Last Agent to Sell the Property
Bruner Realty & Management Brokerage Phone: 608-333-5301 License #89947-94
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $47,631
Year Built
- Built in 1909
Lot Details
- 4,356 Sq Ft Lot
- Fenced Yard
Home Design
- Brick Exterior Construction
- Poured Concrete
- Stucco Exterior
Interior Spaces
- 3-Story Property
- Fireplace
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Schools
- Lapham/Marquette Elementary School
- Okeeffe Middle School
- East High School
Utilities
- Radiant Heating System
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number 070914407056
Community Details
Overview
- 7 Units
- Mansion Hill Subdivision
Amenities
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/04/2024 12/04/24 | Sold | $1,850,000 | 0.0% | $574 / Sq Ft |
| 06/01/2024 06/01/24 | Off Market | $1,850,000 | -- | -- |
| 03/22/2024 03/22/24 | Price Changed | $2,400,000 | -14.3% | $744 / Sq Ft |
| 11/15/2023 11/15/23 | For Sale | $2,800,000 | -- | $868 / Sq Ft |
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $47,631 | $1,350,000 | $220,000 | $1,130,000 |
| 2023 | $17,825 | $980,000 | $200,000 | $780,000 |
| 2021 | $19,929 | $931,000 | $165,000 | $766,000 |
| 2020 | $20,838 | $931,000 | $165,200 | $765,800 |
| 2019 | $19,929 | $887,000 | $165,200 | $721,800 |
| 2018 | $18,952 | $845,000 | $165,200 | $679,800 |
| 2017 | $19,634 | $845,000 | $165,200 | $679,800 |
| 2016 | $19,217 | $805,000 | $150,200 | $654,800 |
| 2015 | $18,494 | $730,000 | $150,200 | $579,800 |
| 2014 | $17,608 | $730,000 | $150,200 | $579,800 |
| 2013 | $16,256 | $709,000 | $150,200 | $558,800 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,480,000 | New Conventional | |
| Previous Owner | $560,000 | Commercial | |
| Previous Owner | $1,100,000 | Future Advance Clause Open End Mortgage |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $700,000 | Knight Barry Title | |
| Warranty Deed | $1,000,000 | None Available |
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1967398
APN: 0709-144-0705-6
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