Home For Sale near Lake Mendota
An exceptional opportunity in downtown Madison, WI, this 3-unit, 9-bedroom is the closest house on Mifflin to campus with great southern light, full front decks, and rear exit decks. Each unit in this turn-key property is leased thru 08/2027 and offers a spacious and practical layout, including a full kitchen, three bedrooms, one bathroom, and a comfortable living area. Tenants appreciate the updated basement with storage and laundry. Additional income is generated through four on-site parking spaces. Tenants are responsible for electricity, garbage/recycling, cleaning, and snow removal. With gross income of $108,900 for 2026/2027 and several rents below market, a new buyer has the potential to earn an even greater return on their investment through future lease adjustments...Property Details
- Beds: 9
- Baths: 3.0
- Year Built: 1904
- Location: Lake Mendota
- Acres: 0.050
- County: Dane County
- Heat/AC: Forced Air
- Roof:
- Stories: 3
- Property Taxes: $12,341
- MLS #: 2023152
Location
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Contact Information:
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Listing Agent: Caleb Payne, madcityhomes, LLC, 608-556-0033, 608-438-3150 Listing Site, Listing Status: Active
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 7715883 |
| Viewed: | 52 times |
| Added: | May 13, 2026 |
| Updated on: | Jun 16, 2026 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
