111 E Gilman St, Madison, WI 53703
SOLD
OCT 16, 2025

111 E Gilman St
Madison, WI 53703

Capitol
  • 4 Beds
  • 3 Baths

$720,000

Last Sold: Oct 16, 2025
1% below list $725K
Est. Refi. Payment $4,566/mo*
Refinance Your Home

$720,000

Last Sold: Oct 16, 2025
1% below list $725K
Est. Refi. Payment $4,566/mo*
Refinance Your Home
4 Beds
3 Baths

Local Information

  • Map ViewExplore the area around 111 E Gilman St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Fantastic investment opportunity in the heart of Madison! This charming brick three-unit rental building is perfectly located in one of the city’s most desirable & high-demand neighborhoods. The property features a mix of units—one spacious two-bedroom, one one-bedroom, & one studio—offering versatility and broad appeal to renters. Currently, the two-bedroom & studio units are tenant-occupied, providing immediate rental income, while the one-bedroom unit is available & being marketed for short-term rental use. This allows an investor to step into an income-producing property with additional upside potential. The historic brick exterior, proximity to downtown amenities, and strong rental market in this area make this property a standout choice for seasoned or first-time investors!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from October 16, 2025

Home Highlights

Parking
4 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
20 days ago

Home Details for 111 E Gilman St

Interior Features

Interior Details
Basement: None
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Appliances & Utilities
Appliances: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2)
Heating & Cooling
Heating: Natural Gas,Forced AirHas HeatingHeating Fuel: Natural Gas
Windows, Doors, Floors & Walls
Flooring: Wood or Simulated Wood (Unit 1)
Levels, Entrance, & Accessibility
Levels: TwoFloors: Wood Or Simulated Wood Unit 1

Exterior Features

Parking & Garage
Other Parking: OutsideNo CarportParking Spaces: 4Parking: Outside
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1927
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Brick
Property Information
Not Included in Sale: Sellers personal propertyIncluded in Sale: 3 oven/stoves, 3 refrigeratorsParcel Number: 070914404101

Price & Status

Price
List Price: $725,000
Status Change & Dates
Off Market Date: Tue Sep 09 2025

Active Status

MLS Status: Sold

Location

Direction & Address
City: Madison
School Information
Elementary School: Lapham/MarquetteElementary School District: MadisonJr High / Middle School: OKeeffeJr High / Middle School District: MadisonHigh School: EastHigh School District: Madison

Lot Information

Lot Area: 4791.6 sqft

Offer

Listing Terms: Arms Length

Rental Terms, Policies & Fees

Are Units Furnished: NoneOwner Pays: Heat (Unit 1), Heat (Unit 2), Heat (Unit 3)

Miscellaneous

Mls Number: 2007812
Last check for updates: about 3 hours ago
Listed by John Schneider
EXIT Realty HGM
Bought with: Patrick Burke, DeBurgo Realty Inc
Source: SCWMLS, MLS#2007812

Price History for 111 E Gilman St

DatePriceEventSource
10/16/2025$720,000Sold
N/A
09/17/2025$725,000ContingentWIREX MLS #2007812
09/09/2025$725,000Listed For SaleWIREX MLS #2007812
07/16/2025$600,000Sold
N/A
12/18/2008$307,500Sold
N/A

Market trends in Madison

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$415K
$8.83KMoM
Sale-to-List Price
101.7%
1.3%MoM
Price per sq ft
$250
$8MoM
Available listings
661
102MoM
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Property Tax and Assessment

Year2024
Tax$9,774
Assessment$499,300
Home facts updated by county records

Comparable Sales for 111 E Gilman St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
515 N Pinckney St, Madison, WI
0.05
Multi-Family Home
$1,070,000
11/06/25
3
4
1,995
203-207 S Henry St, Madison, WI
0.56
Multi-Family Home
$1,550,000
09/09/25
5
4
-
304 W Wilson St, Madison, WI
0.61
Multi-Family Home
$750,000
10/27/25
2
4
1,500
450-452 W Doty St, Madison, WI
0.71
Multi-Family Home
$925,900
04/29/26
4
4
2,392
522 & 524 E Main St, Madison, WI
0.46
Multi-Family Home
$1,283,000
08/26/25
8
4
-
207 S Broom St, Madison, WI
0.65
Multi-Family Home
$694,000
07/25/25
6
2
2,356
930 E Dayton St, Madison, WI
0.73
Multi-Family Home
$415,000
04/17/26
3
2
1,415
119 N Bassett St, Madison, WI
0.59
Multi-Family Home
$809,000
10/06/25
7
2
1,870
1042-1044 E Gorham St, Madison, WI
0.87
Multi-Family Home
$539,900
12/19/25
5
2
2,538

Nearby homes

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Assigned Schools

These are the assigned schools for 111 E Gilman St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Capitol
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Capitol

At least 53 Trulia users voted on each feature.

  • 97 % Say there are sidewalks

  • 94 % Say it's dog friendly

  • 91 % Say it's walkable to restaurants

  • 85 % Say streets are well-lit

  • 81 % Say it's walkable to grocery stores

  • 68 % Say people would walk alone at night

  • 54 % Say there's holiday spirit

  • 45 % Say car is needed

  • 42 % Say parking is easy

  • 42 % Say neighbors are friendly

  • 41 % Say there's wildlife

  • 41 % Say they plan to stay for at least 5 years

  • 34 % Say it's quiet

  • 30 % Say there are community events

  • 19 % Say yards are well-kept

  • 16 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Lkeillorcollins
    "Have lived downtown for 10 years. Love it. So much to do, restaurants, entertainment. The lakes. Easy access to public transportation. "
    0
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  • Nicholas Vest
    "I don’t see as many families in the new multi-level apartment buildings (the high rises). There are some families living downtown, but they might be in condos. The west and east sides outside the square and campus housing have many more families. Downtown is great for the children’s museum, farmers market, and monona terrace has live music, etc. sometimes. Outside of the square, there are nice parks for kids and families with play sets and beaches."
    0
    Flag
  • Jillian S.
    "Living downtown is great! Walking distance to almost everything and beautiful old trees and houses. "
    2
    Flag
  • Trulia User
    "College kids everywhere, and also government employees, politicians and young professionals. It’s an interesting mix that’s for sure."
    7
    Flag
  • Kilee R.
    "This is still really a big college neighborhood. Though there are more families here than elsewhere, it still gives off college vibes"
    3
    Flag
  • linda G
    " I love we're I live people are friendly helpful .I've lived here for 19 years love it here it's close to grocery store has stations in walking distance also close to bus stop the school is closed very good school .people are so nice and caring I actually sleep with door unlocked many times how often can you do that in other places I feel very safe here . "
    3
    Flag
  • Natasha O.
    "Lots of friendly dogs walking in the downtown area. Close to dog parks. Very close to a dog park with trash receptacles. "
    2
    Flag
  • Madelinefritz
    "Close to Bars and restaurants. Close to the lake path. Not close to quality grocery stores. Mosquitos and spiders are plentiful in this area. Housing Prices way too high."
    19
    Flag

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Homes for sale near 111 E Gilman St

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Off Market Homes Near 111 E Gilman St

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111 E Gilman St, Madison, WI 53703 is a 4 bedroom, 3 bathroom multi-family built in 1927. 111 E Gilman St is located in Capitol, Madison. This property is not currently available for sale. 111 E Gilman St was last sold on Oct 16, 2025 for $720,000 (1% lower than the asking price of $725,000). The current Trulia Estimate for 111 E Gilman St is $775,200.