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Four-Unit Apartment Building
For Sale
$775,000

928 Spaight Street, Madison, WI 53703

Multi Family, Madison, WI

Property SizeContact for details
Lot Size0.10 Acres
Days on Market108

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 4, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 3
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

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11972

Utilities

Heating system Radiant

Amenities

shared laundry
front porch

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: Jul 15 Changed: Oct 28 Last Checked: Oct 30 at 2:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

This 1899 apartment building contains four units and sits on a 0.1-acre parcel. Residents share laundry facilities in the basement, and the property also has a front porch, shared driveway access, and four parking spaces behind the building. The property is fully leased and has radiant heating.

Williamson Street is two blocks away, and Lake Monona is one block from the property. Local restaurants are within walking distance, and downtown Madison is one mile away.

Key Highlights

  • Four‑unit apartment property built in 1899
  • Fully leased
  • 0.1‑acre lot

Property Analytics

Who owns this building? See the owner, sales and loan history
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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
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?
Quadplex - The fully leased property includes shared basement laundry and four parking spaces behind the building.
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 $775,000.
What are key features of this property?
This property features: Four‑unit apartment property built in 1899; Fully leased; 0.1‑acre lot
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