554 W Mifflin Street, Madison, WI 53703

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, garbageecycling, 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. Cap rate of 8.36% per seller..