Truly 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).
Sold for $1,850,000
$1,850,000
15 E Gilman St, Madison, WI 53703
5beds
3,224sqft
Apartment
Built in 1909
-- sqft lot
$1,945,300 Zestimate®
$574/sqft
$1,780 Estimated rent
Home value
$1,945,300
$1.81M - $2.10M
$1,780/mo
Zestimate® history
Owner options
List your home for rent
$1,780/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,780/mo
Rent Zestimate®
Refinance and save
$10,103/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$10,103/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Matt Lindholm,
Bruner Realty & Management
Bought with:
Luke Lestikow, 60063-94
First Weber, Inc
Source: SCWMLS,MLS#: 1967398
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Radiant
Appliances
- Included: Water Softener Owned
- Laundry: Common Area
Features
- Fireplace (Unit 1)
- Basement: Finished,Full,Walk-Out Access
- Number of fireplaces: 1
Interior area
- Total structure area: 3,224
- Total interior livable area: 3,224 sqft
Property
Parking
- Parking features: None
Features
- Levels: Three Or More
- Fencing: Fenced
Lot
- Size: 4,356 sqft
Details
- Parcel number: 070914407056
- Zoning: DR1 HIS-MH
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick, Stucco
- Foundation: Poured concrete foundatn
Condition
- Year built: 1909
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Madison
- Subdivision: Mansion Hill
HOA & financial
Other financial information
- Total actual rent: 68400
Other
Other facts
- Listing terms: Arms Length
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2024 | Sold | $1,850,000-22.9%$574/sqft |
Source: SCWMLS #1967398 Report a problem | ||
| 3/22/2024 | Price change | $2,400,000-14.3%$744/sqft |
Source:  WIREX MLS #1967398 Report a problem | ||
| 11/15/2023 | Listed for sale | $2,800,000+300%$868/sqft |
Source: WIREX MLS #1967398 Report a problem | ||
| 1/27/2020 | Sold | $700,000$217/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $26,426 +33.8% | $1,350,000 +37.8% |
| 2023 | $19,745 | $980,000 +5.3% |
| 2022 | -- | $931,000 |
| 2021 | -- | $931,000 |
| 2020 | -- | $931,000 +5% |
| 2019 | $18,952 | $887,000 +5% |
| 2018 | $18,952 -3.5% | $845,000 |
| 2017 | $19,634 +6.2% | $845,000 +5% |
| 2016 | $18,494 +5% | $805,000 +10.3% |
| 2014 | $17,608 +8.3% | $730,000 +3% |
| 2013 | $16,256 -4.8% | $709,000 |
| 2012 | $17,082 +5.1% | $709,000 |
| 2011 | $16,256 +3.6% | $709,000 |
| 2010 | $15,698 -2.7% | $709,000 -10% |
| 2009 | $16,137 +5.5% | $788,000 |
| 2008 | $15,303 -1.2% | $788,000 |
| 2007 | $15,481 -0.3% | $788,000 |
| 2006 | $15,525 -0.5% | $788,000 +5% |
| 2005 | $15,599 +2.8% | $750,500 +10% |
| 2004 | $15,179 +10.4% | $682,300 |
| 2003 | $13,753 +1.8% | $682,300 +18.5% |
| 2002 | $13,513 +9.7% | $576,000 +15% |
| 2001 | $12,313 +6.9% | $500,900 +10% |
| 2000 | $11,523 | $455,400 |
Find assessor info on the county website
Neighborhood: Capitol
Nearby schools
GreatSchools rating
- NALapham Elementary SchoolGrades: PK-2Distance: 0.9 mi
- 8/10O'keeffe Middle SchoolGrades: 6-8Distance: 1.6 mi
- 8/10East High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Lapham/Marquette
- Middle: OKeeffe
- High: East
- District: Madison
Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,945,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,945,300
- Wisconsin
- Dane County
- Madison
- 53703
- Capitol
- 15 E Gilman St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Madison Topics
