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Jess Lex

[email protected] +1(608) 571-6868

Listed by Real Broker LLC • Pref: 608-620-4177

$ 900,000

Est. payment -/mo

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Active

426 RUSHMORE Lane Madison, WI 53711

8 Beds

4 Baths

3,800 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartment building,2 story

Listing Status Active

Purchase Type For Sale

Square Footage 3,800 sqft

Price per Sqft $236

MLS Listing ID 2029597

Bedrooms 8

Full Baths 4

Year Built 1959

Annual Tax Amount $12,236

Tax Year 2025

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Apartment building,2 story

Property Description

Showings begin 8/13. Fantastic opportunity for investors to secure a cash-flowing multi-family property on Madison's West side, close to parks, schools, and the bus line. One unit is currently leased through 10/1/2026, providing immediate income, and the other three are vacant and ready to be rented. Median market rent is $1600/month granting you a stable cash flow each month. Each unit offers 950 sqft and a smart, renter-friendly layout. A detached 4-car garage plus two additional outdoor spaces provides tenants with ample parking space. Inviting yard perfect for gardening, newer appliances, storage units in the lower level. Tenants pay for electricity & gas/heat. A high-demand addition to any investment portfolio.

Location

State WI

County Dane

Area Madison - C W11

Zoning SR-V1

Direction Mineral Point Road west of Segoe, south on Presidential, right on Rushmore

Rooms

Basement Full, Poured concrete foundatn

Interior

Heating Forced air

Inclusions Range/Oven (4), Dishwasher (4), Refrigerator (4), Disposal (4), Washer (1), Dryer (1), Water Softener (1), All Window Coverings

Heat Source Natural Gas

Exterior

Parking Features 1 stall garage, Detached, 2 spaces, Opener inc

Utilities Available Separate elec meters, Separate gas meters

Building

Water Municipal sewer, Municipal water

Structure Type Brick

Schools

Elementary Schools Van Hise

Middle Schools Hamilton

High Schools West

School District Madison

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Phone

+1(608) 571-6868

[email protected]

Address

5940 Seminole Centre Ct Ste 310, Madison, WI, 53711-5136, USA