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$1,345,000
New Listing

554 W Mifflin Street
Madison, WI 53703

For Sale|Multi Family|Active
9
Beds
3
Total Baths
3
Full Baths
1904
Built
County:
Dane
Listing courtesy of Caleb Payne of Madcityhomes.Com
Call Now: 608.358.7481
Is this the listing for you? We can help make it yours.
608.358.7481
554 W Mifflin Street554 W Mifflin Street554 W Mifflin Street554 W Mifflin Street
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Monthly Payment (Est.)

$6,136
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$1,345,000
Days On Site 
0 Days
Bedrooms 
9
Inside Area (SqFt) 
N/A
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.05 Acres
Year Built 
1904
MLS® Number 
2023152
Status 
Active
Property Tax 
$12,341
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
20 hours agoListing updated with changes from the MLS®
21 hours agoListing first seen on site
General Features
Acres 
0.05
Parking Spaces 
4
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Appliances 
DishwasherRefrigeratorDryer
Basement 
Full
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Exterior Features
Construction Details 
Vinyl Siding
Community Features
School District 
Madison
Schools
School District
Madison
Elementary School
Franklin/Randall
Middle School
Hamilton
High School
West
Listing courtesy of Caleb Payne of Madcityhomes.Com



Listing information is provided by Participants of the South Central Wisconsin MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Information is supplied by seller and other third parties and has not been verified. Copyright 2026, South Central Wisconsin MLS Corporation. All rights reserved.
Last checked: 2026-05-14 11:36 AM UTC

Neighborhood & Commute
Source: Walkscore
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