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Historic Two-Unit Duplex
For Sale
$540,000

1227 Spaight St, Madison, WI 53719

Flexible residential property with a three-bedroom unit, separate efficiency, and potential to return to single-family use.

Property Size375 SF
Price / SF$1,440
Days on Market8

Property Features for 1227 Spaight St

General Information

Standard status Active
Size 375 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3-bedroom, 1 x efficiency
Multifamily Units 2

Building Details

Year Built 1886
Listing Agency: Compass Real Estate Wisconsin
Listed By: Tiffany Malone
Source: Soldinmadison
Added: Aug 22 Changed: Aug 29 Last Checked: Aug 29 at 1:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Real Estate Wisconsin

Investment Insights

Based on property information with market context.

Built in 1886, this historic duplex currently includes a spacious three-bedroom residence and a separate efficiency unit. The layout supports two-unit occupancy while also allowing a future conversion back to a single-family home. The property’s flexibility can accommodate rental use, owner occupancy, guests, or a home office, based on the existing configuration.

A welcoming front porch and established landscaping add to the property’s character. The home is located on Madison’s East Side in the Marquette neighborhood, with downtown, the Capitol, parks, bike paths, and restaurants within minutes. The property is also offered in a single-family listing.

Key Highlights

  • Two‑unit configuration with a 3‑bedroom residence and separate efficiency
  • Built in 1886 with historic character
  • Layout can be restored to single‑family use

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Pharmacy (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Daycare Center

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,041
Businesses Nearby

Demographics for 53719, WI

32,151
Population
16,160
Households
2
Avg Household Size
35
Median Age
61%
College-Educated
96%
High-School Grad
10.2 sq mi
ZIP Area
3,152
Density / Sq Mi
$92,223
Median Household Income
$59,334
Median Earnings
$1,429
Median Rent
$349,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Flexible residential property with a three-bedroom unit, separate efficiency, and potential to return to single-family use.
Where is this duplex located?
The property is located at 1227 Spaight St Madison, WI.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Two‑unit configuration with a 3‑bedroom residence and separate efficiency; Built in 1886 with historic character; Layout can be restored to single‑family use
More about this property
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