426 Rushmore LaneMadison, WI 53711

Description

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.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1959

Lot size

0.25 acres

Garage spaces

2

Parking spaces

8

Days on market

65

MLS^® Listing#

2029597

Property Features

Appliances

Dishwasher · Refrigerator · Dryer · Water Softener

Basement

Full · Unfinished

Parking

Concrete · Detached · Outside · Garage Door Opener

Laundry

Common Area

Lot features

Level

Construction

Brick

Windows

Window Coverings · Low Emissivity Windows

Sewer

Public Sewer

Water source

Public

Rooms

Schools

Elementary

Van Hise

Middle

Hamilton

High

West

District

Madison

Financial Details

Annual taxes

$12,236Tax year 2025

Assessed value

$713,700

Directions

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