Listed by Dan Chin Homes Team • Real Broker LLC (Pref: 608-620-4177).
For sale
$900,000
Est. $6,035/mo —
8
bd
•
4 ba
•
—
sq ft
426 Rushmore Ln, Madison, WI 53711
About this home
Public Remarks: 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.
Midvale Heights, located between Hilldale Shopping Center and the University of Wisconsin–Madison campus, is a residential and walkable Madison neighborhood with mid-century streetscapes and a greenbelt feel. The neighborhood’s character concentrates around the Midvale Blvd and University Ave corridor, where coffee counters, small restaurants, and everyday storefronts set a steady, lived-in rhythm. Ranch houses and tidy postwar infill sit along curving blocks, with mature trees softening the edges. Segoe Park and the Southwest Commuter Path shape daily routines with courts, fields, and a bike-forward commute line. Hilldale Shopping Center adds a polished retail-and-dining hub, while the UW Arboretum and Lake Wingra sit close for long loops and quiet water views.
Provided by Walk Score and Local Logic
Offer insights
426 Rushmore Ln · $900,000
$900K and above
75% chance or better to win
Why $900K+ is a strong offer
DAYS ON MARKET
34 days
The average home goes pending in 40 days.
SALE-TO-LIST
98.0%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Water softener
Low energy windows
Bedrooms
Four units, each with 2 bedrooms
Bathrooms
Each unit has 1 full bathroom; no half baths listed
Kitchen
Each unit includes range/oven, dishwasher, refrigerator, and disposal
Laundry & utility
Washer and dryer included in one unit
Separate electric meters
Separate gas meters
Heating & cooling
Forced air heating
Natural gas fuel
Exterior features
Brick exterior
0.25 acre lot
Zoned SR-V1
Home design
Multi-family apartment building
2-story building
Parking
2 outdoor parking spaces
Detached garage with 3 garage parking spaces and opener included
Construction
Low energy windows noted
Utilities
Municipal water
Municipal sewer
Financial info
Four-unit building
Separate meters support unit-level utilities
Other
Some units include window coverings
Electricity and solar
View estimated energy costs and solar savings for this home
The SR-V Districts are established to stabilize and protect the essential characteristics of residential areas of varying densities and housing types, typically located in the outlying parts of the City, and to promote and encourage a suitable environment for family life while accommodating a full range of life-cycle housing. The districts are also intended to; Ensure that new buildings and additions to existing buildings are designed with sensitivity to their context in terms of building placement, facade width, height and proportions, garage and driveway placement, landscaping, and similar design features; Maintain and improve the viability of existing housing of all types, while encouraging the updating of older housing in a context-sensitive manner; Maintain or increase compatibility between residential and other allowed uses, and between different housing types, where permitted, by maintaining consistent building orientation and parking placement and screening; Facilitate the preservation, development or redevelopment goals of the comprehensive plan and of adopted neighborhood, corridor or special area plans.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Retail-Grocery
Housing-Group
Housing-Single unit
Housing-Multiple units
Fire house
Police station
Communications tower
Park & open space
Oct 10, 2019 • Final
Repair or replace plumbing
Remove and replace a water heater.
Plumbing
Water heater
May 17, 2018 • Final
Repair or replace hvac
Replace the furnace.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Madison, WI • 53711
Average low and high temperatures (°F)
26
11
35
18
52
31
61
41
71
48
81
61
84
66
79
61
78
56
66
46
47
34
32
18
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 25% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 426 Rushmore Ln
$882,820
$17K under list price of $900K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $610K to $880K.