1054 Williamson Street, Madison
$1,050,000
MLS® # 2018776, 89 days, Active
554 W Mifflin Street, Madison
$1,295,000
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
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.
Madcityhomes.Com, caleb@madcityhomes.com.
Essential Information
Status Active
Detailed Status Active
Days on Market 33
MLS® # 2023152
Price $1,295,000
Year Built 1904
Type Multi Family
Assessed Value $909,000
Year Assesed 2026
Net Taxes $12,341
Tax Year 2025
Total Income $108,900
Utilities Separate elec meters
Parking Per Unit 1 space
Exterior Vinyl
Community Information
Address 554 W Mifflin Street
MLS® Area MADISON - C W01
City Madison
County Dane
State WI
Zip Code 53703
School Information
Property Overview
3 Bedroom Units 3
Total Units 3
# of Water Heaters 1
Heat Fuel Natural Gas
# of Stoves 3
# of Refrigerators 3
# of Dishwashers 1
# of Washers 1
# of Dryers 1
Unit 1 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires 8/14/2027
Monthly Rent $2,925
Square Feet 912
Parking 1 Space
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires 8/14/2027
Monthly Rent $2,925
Square Feet 912
Parking 1 Space
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires 8/14/2027
Monthly Rent $2,825
Square Feet 756
Parking 1 Space
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning Dr2
Short Sale No
REO / Bank Owned No
Property History
Price Reduced from $1,345,000 to $1,295,000
Map Views
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Data provided by the South Central Wisconsin MLS as of 06/14/2026.
Copyright 2026 – (South Central Wisconsin MLS) – All Rights Reserved