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Brick Triplex with Garage
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664 Sprague Street, Madison, WI 53711

Recently refreshed apartments feature hardwood floors, private parking, and a newly added driveway.

Property SizeContact for details
Days on Market11

Property Features for 664 Sprague Street

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: The Hub Realty
Listed By: Ryan Schmitz · License #WI
Source: Crexi
Added: Sep 10 Changed: Sep 16 Last Checked: Sep 19 at 8:58AM

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 The Hub Realty

Investment Insights

Based on property information with market context.

This all-brick three-unit property includes a two-car garage, a private driveway, and at least one off-street parking space for each apartment. The unit mix consists of one two-bedroom apartment with a den and two one-bedroom apartments. Hardwood flooring is found throughout, and every unit has been refreshed or remodeled within the last 18 months.

Building improvements include a new boiler installed in 2026 and a new 100A electrical system completed in 2025. Tenants pay their own electric service, while the landlord covers heat, water, and internet. The property is across the street from Collectivo and within walking distance of Monroe St restaurants, shops, parks, and Lake Wingra.

Key Highlights

  • Three‑unit all‑brick building with a two‑car garage
  • Unit mix includes one 2 bed plus den and two 1 bed apartments
  • Apartments refreshed or remodeled within the last 18 months

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Building Supply Hair Salon Auto Parts Store Nail Salon

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

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby

Demographics for 53711, WI

51,448
Population
23,500
Households
2.2
Avg Household Size
37
Median Age
66%
College-Educated
97%
High-School Grad
26.0 sq mi
ZIP Area
1,979
Density / Sq Mi
$101,236
Median Household Income
$55,284
Median Earnings
$1,357
Median Rent
$387,600
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
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Frequently Asked Questions

What type of property is this?
Triplex - Recently refreshed apartments feature hardwood floors, private parking, and a newly added driveway.
Where is this triplex located?
The property is located at 664 Sprague Street Madison, WI.
What is the asking price?
The asking price for this property is $840,000.
What are key features of this property?
This property features: Three‑unit all‑brick building with a two‑car garage; Unit mix includes one 2 bed plus den and two 1 bed apartments; Apartments refreshed or remodeled within the last 18 months
(608) 345-0150 Call to check price and availability
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