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For sale
    • $900,000

    426 Rushmore Ln, Madison, WI 53711

    8beds
    3,800sqft
    : 
    $6,220/mo
    Get pre-qualified
    Apartment
    Built in 1959
    -- sqft lot
    $869,900 Zestimate®
    $237/sqft
    $-- HOA

    What's special

    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.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Dan Chin Homes Team,

    Real Broker LLC,

    Dan Chin,

    Real Broker LLC

    Source: SCWMLS,MLS#: 2029597

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Natural Gas, Forced Air, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2), Individual Heat Control (Unit 3), Individual Heat Control (Unit 4)
      Cooling
      • Air Conditioning (Unit 1), Air Conditioning (Unit 2), Air Conditioning (Unit 3), Air Conditioning (Unit 4)
      Appliances
      • Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Dishwasher (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Dishwasher (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Dishwasher (Unit 3), Range/Oven (Unit 4), Refrigerator (Unit 4), Dishwasher (Unit 4), Water Softener Owned
      • Laundry: Common Area
      Features
      • Eat In Kitchen (Unit 1), Pantry ((Unit 1), Separate Storage (Unit 1), Shared basement, Eat In Kitchen (Unit 2), Separate Storage (Unit 2), Pantry ((Unit 2), Eat In Kitchen (Unit 3), Separate Storage (Unit 3), Pantry ((Unit 3), Eat In Kitchen (Unit 4), Separate Storage (Unit 4), Pantry ((Unit 4)
      • Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2), Wood or Simulated Wood (Unit 3), Wood or Simulated Wood (Unit 4)
      • Windows: Low Emissivity Windows
      • Basement: Full,Unfinished
      Interior area
      • Total structure area: 3,800
      • Total interior livable area: 3,800 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: 1 stall garage, 2 stall garage, Detached, 2 spaces, Outside, Garage Door Opener, Asphalt, Concrete, Driveway, Extra space available
      • Garage spaces: 4
      • Details: Outside
      Features
      • Levels: Two
      • Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2), Balcony/Patio (Unit 3), Balcony/Patio (Unit 4)
      Lot
      • Size: 0.25 Acres
      • Features: Near Public Transit
      Details
      • Parcel number: 070930102086
      • Zoning: SR-V1

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Apartment
      Materials
      • Brick
      • Foundation: Poured concrete foundatn
      Condition
      • Year built: 1959

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Separate elec meters, Separate gas meters, Water Included

      Community & HOA

      Location
      • Region: Madison

      Financial & listing details

      • Price per square foot: $237/sqft
      • Tax assessed value: $713,700
      • Annual tax amount: $12,236
      • Date on market: 8/13/2026
      • Inclusions: Range/Oven (4), Dishwasher (4), Refrigerator (4), Disposal (4), Washer (1), Dryer (1), Water Softener (1), All Window Coverings
      • Total actual rent: 76800

        Estimated market value

        $869,900

        $826,000 - $913,000

        $1,685/mo

        Price history

        DateEventPrice
        8/13/2026Listed for sale$900,000-22.9%$237/sqft
        Source: SCWMLS #2029597 Report a problem
        5/18/2026Listing removed$1,600
        Source: Zillow Rentals Report a problem
        4/1/2026Listed for rent$1,600
        Source: Zillow Rentals Report a problem
        3/19/2026Listing removed$1,600
        Source: Zillow Rentals Report a problem
        3/1/2026Listing removed$1,168,000$307/sqft
        Source: WIREX MLS #2002638 Report a problem
        2/2/2026Listed for rent$1,600
        Source: Zillow Rentals Report a problem
        1/20/2026Listing removed$1,600
        Source: Zillow Rentals Report a problem
        11/25/2025Listed for sale$1,168,000$307/sqft
        Source: WIREX MLS #2002638 Report a problem
        11/22/2025Listed for rent$1,600
        Source: Zillow Rentals Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$11,549 +7.1%$590,000 +10.3%
        2023$10,779 $535,000 +5.3%
        2022-- $508,000 +20.1%
        2021-- $423,000 +14.9%
        2020-- $368,000
        2019$7,804 $368,000 +5.1%
        2018$7,804 +8.5%$350,000 +12.3%
        2017$7,193 +0.2%$311,700 +4%
        2016$7,179 -0.1%$299,700
        2014$7,183 +8.5%$299,700 +3.1%
        2013$6,621 -4.9%$290,700
        2012$6,959 +5.1%$290,700
        2011$6,621 +3.6%$290,700
        2010$6,391 -2.7%$290,700 -9.9%
        2009$6,566 +5.2%$322,700
        2008$6,244 -1.5%$322,700
        2007$6,340 +3.7%$322,700 +4%
        2006$6,114 -5.2%$310,300
        2005$6,449 -6.6%$310,300
        2004$6,903 -1.3%$310,300
        2003$6,996 +13.6%$310,300 +18.3%
        2002$6,156 -4.6%$262,400
        2001$6,450 +4.9%$262,400 +8%
        2000$6,149 $243,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Midvale Heights Community

        Getting around

        29 / 100
        Car-Dependent
        43 / 100
        Some Transit
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Van Hise
        • Middle: Hamilton
        • High: West
        • District: Madison

        Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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