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Three-Unit Brick Triplex
New
For Sale
$675,000

614 Spruce St, Madison, WI 53715

Two apartments retain hardwood floors, original woodwork, formal dining rooms, and private porches.

Property SizeContact for details
Days on Market3

Property Features for 614 Spruce St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR, 1 x 1BR
Multifamily Units 3

Amenities

hardwood floors
woodwork
faux fireplaces
private porches
private back yard

Building Details

Year Built 1942
Construction all-brick
Listed By: Briggs Realty Group
Source: Thebriggsrealtygroup
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 16 at 8:35AM

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 Briggs Realty Group

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Investment Insights

Based on property information with market context.

This 1942 brick triplex contains two two-bedroom apartments and a lower-level one-bedroom unit with full-size windows. The upper units feature original hardwood flooring and woodwork, faux fireplaces, ample closets, formal dining rooms, and private porches. A detached two-car garage and private rear yard are also part of the property.

The property is near Goodman Pool, Monona Bay, Park Street restaurants, Gilson Street shops, and St. Mary's Hospital, with convenient access to downtown and campus.

Key Highlights

  • Three‑unit brick property built in 1942
  • Two two‑bedroom apartments and one lower‑level one‑bedroom unit with full‑size windows
  • Upper units include original hardwood floors, woodwork, faux fireplaces, and formal dining rooms

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Bakery Kitchen & Bath Showroom Auto Parts Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,713
Businesses Nearby

Demographics for 53715, WI

16,517
Population
5,640
Households
2.9
Avg Household Size
24
Median Age
66%
College-Educated
95%
High-School Grad
1.3 sq mi
ZIP Area
12,705
Density / Sq Mi
$37,598
Median Household Income
$8,819
Median Earnings
$1,533
Median Rent
$436,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Two apartments retain hardwood floors, original woodwork, formal dining rooms, and private porches.
Where is this triplex located?
The property is located at 614 Spruce St Madison, WI.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Three‑unit brick property built in 1942; Two two‑bedroom apartments and one lower‑level one‑bedroom unit with full‑size windows; Upper units include original hardwood floors, woodwork, faux fireplaces, and formal dining rooms
More about this property
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