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426 Rushmore Ln, Madison, WI 53711

$900,000

•

8
bed
4
bath
3,800
Sqft ($237/Sqft)

Multi-family for sale 74 days

About 426 Rushmore Ln

Property type Multi-family

Neighborhood

Year built 1959

HOA fee $0/month

Lot size 0.25 Acre

Movoto estimate

Parking 4 garage spaces

Property description

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.

Listed by

Listing Agent - Dan Chin Homes Team

Listing Agent Contact: Pref: 608-620-4177

Listing Office - Real Broker LLC

Source: SCWMLS

MLS#2029597 • last updated 2 months ago

Movoto checked SCWMLS for data 32 minutes ago

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Overview
Status	Active
Type	Multi Family
SubType	Apartment Building, 2 Story
Lot Size (Acres)	0.25
Property Tax	12236
Listing Agent Contact	Clientcare@danchinhomes.com, 608-620-4177
Listing Office Contact	855-450-0442, Membership@TheRealBrokerage.com
Listing Office	Real Broker LLC
Listing Agent	Dan Chin Homes, Team

Interior
Basement	Full, Poured Concrete Foundatn, Unfinished

Exterior
Exterior	Brick
# Outdoor Parking	4
# Indoor Stalls	4
# Parking Per Unit	1 Stall Garage, 2 Stall Garage, Detached, 2 Spaces, Outside, Opener Inc, Blacktop/Asphalt, Concrete, Driveway Entrance, Extra Space Available

Amenities / Utilities
Green Features: Energy Efficient	Low E Windows
Water/ Waste	Municipal Sewer, Municipal Water
Utilities	Separate Elec Meters, Separate Gas Meters, Water Included
Miscellaneous	Shared Laundry, Close To Bus Line, Water Softener Owned

Location
Area	MADISON - C W11
County	Dane
School District	Madison
High School	West
Elementary School	Van Hise
Middle School	Hamilton
APN	0709-301-0208-6
Zoning	SR-V1

Multifamily Details
Unit 2: Room(s)	Eat-in Kitchen, Balcony/patio, Air Conditioning, Range/oven, Refrigerator, Dishwasher, Wood Or Sim. Wood Floor, Separate Storage Unit Inc, Individual Heat Control, Pantry, Shared Basement
Unit 4: SqFt	950
Unit 1: SqFt	950
Unit 3: Lease Expiration Date	NA
Unit 3: Room(s)	3, Eat-in Kitchen, Balcony/patio, Air Conditioning, Range/oven, Refrigerator, Dishwasher, Wood Or Sim. Wood Floor, Separate Storage Unit Inc, Individual Heat Control, Pantry, Shared Basement
Unit 2: Parking	1 Car Garage
Unit 2: Lease Expiration Date	NA
Unit 3: # Beds	2
Unit 3: Parking	1 Car Garage
Unit 4: Room(s)	4, Eat-in Kitchen, Balcony/patio, Air Conditioning, Range/oven, Refrigerator, Dishwasher, Wood Or Sim. Wood Floor, Separate Storage Unit Inc, Individual Heat Control, Pantry, Shared Basement
Unit 4: Lease Expiration Date	10/1/2026
Unit 4: Parking	1 Car Garage
Unit 1: # Full Baths	1
Unit 2: # Full Baths	1
Unit 2: # Beds	2
Unit 3: # Full Baths	1
Unit 4: # Beds	2
Unit 3: SqFt	950
Unit 1: Room(s)	Eat-in Kitchen, Balcony/patio, Air Conditioning, Range/oven, Refrigerator, Dishwasher, Individual Heat Control, Wood Or Sim. Wood Floor, Pantry, Separate Storage Unit Inc, Shared Basement
Unit 4: # Full Baths	1
Unit 4: Monthly Rent	1600
Unit 3: Monthly Rent	1600
Unit 2: Monthly Rent	1600
Unit 1: Monthly Rent	1600