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Four-Unit Apartment Property
For Sale
$795,000

928 Spaight Street, Madison, WI 53703

Multi Family, Madison, WI

Property SizeContact for details
Lot Size0.10 Acres
Days on Market73

Property Features for 928 Spaight Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning HISTL-TRV1
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4, Bathroom 2, Bedroom 2
Appliances 4
Elementary school Lapham/Marquette
Middle school OKeeffe
High school East
Elementary school district Madison
Middle school district Madison
High school district Madison
Directions Williamson St., to S Paterson St. to Spaight St
Subdivision MADISON - C E01
Standard status Active
APN 0709-134-0522-5
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11972

Utilities

Heating system Radiant

Amenities

shared laundry
front porch
shared driveway access

Building Details

Year built 1899
Floors in Building 2
Number of units 4
Listing Agency: Madison Property Management, Inc.
Listed By: Jim Stopple · License #9012003
Added: Jun 26 Changed: Sep 2 Last Checked: Sep 6 at 11:06PM
MLS# 2026376

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1899, this four-unit apartment property occupies a 0.1-acre site in Madison. The building includes shared basement laundry, a front porch, shared driveway access, and four parking spaces positioned behind the property. The property is fully leased, with radiant heating serving the building.

The location is two blocks from Williamson St. and one block from Lake Monona. Downtown Madison is approximately 1 mile away, and several local restaurants are within walking distance. The property is addressed at 928 Spaight Street, Madison, WI 53703.

Key Highlights

  • Four‑unit apartment property on a 0.1‑acre site
  • Built in 1899 with radiant heating
  • Fully leased

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Home Appliance Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,464
Businesses Nearby

Demographics for 53703, WI

38,512
Population
21,025
Households
1.8
Avg Household Size
27
Median Age
69%
College-Educated
98%
High-School Grad
1.8 sq mi
ZIP Area
21,396
Density / Sq Mi
$46,618
Median Household Income
$27,923
Median Earnings
$1,445
Median Rent
$472,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully leased apartment property with shared laundry, a front porch, and on-site parking.
Where is this quadplex located?
The property is located at 928 Spaight Street Madison, WI.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Four‑unit apartment property on a 0.1‑acre site; Built in 1899 with radiant heating; Fully leased
More about this property
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