426 RUSHMORE Lane, Madison, WI 53711
426 RUSHMORE Lane, Madison, WI 53711
426 RUSHMORE Lane, Madison, WI 53711
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Listed by Real Broker LLC • Pref: 608-620-4177
$900,000
Est. payment /mo
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8 Beds
4 Baths
3,800 SqFt
Active

426 RUSHMORE Lane Madison, WI 53711

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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, Unfinished

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, 2 stall garage, Detached, 2 spaces, Outside, Opener inc, Blacktop/Asphalt, Concrete, Driveway Entrance, Extra space available

Utilities Available Separate elec meters, Separate gas meters, Water Included

Building

Water Municipal sewer, Municipal water

Structure Type Brick

Schools

Elementary Schools Van Hise

Middle Schools Hamilton

High Schools West

School District Madison


South Central Wisconsin MLS (SCWMLS)

NEARBY SCHOOL & BUSINESS

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Mamad Baladi

Mamad Baladi

Broker | License ID: 59618-90

+1(608) 347-7776

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426 RUSHMORE Lane