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Lakefront 7-Unit Apartment Building

933 Spaight St, Madison, WI 53703

For Sale
New
$1,800,000

The property pairs a Lake Monona setting with upgraded electrical service, roofing, and exterior finishes.

Property SizeContact for details
Days on Market4

Property Features for 933 Spaight St

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood Tenney-Lapham Neighborhood Association

Additional Details

Multifamily Units 7

Building Details

Year Built 1906
Listed By: Briggs Realty Group
Source: Thebriggsrealtygroup
Added: Nov 8 Changed: Nov 10 Last Checked: Nov 10 at 7:50AM

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

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Built in 1906 as a two-flat, this Lake Monona apartment property now contains seven units. Improvements include a 400-amp underground electrical service with separate panels, installed in 2017. The roof was replaced in 2021, and the exterior was repaired and repainted that year. Tree work and updates within individual units have also been completed.

The property is in Madison’s near east side, within walking distance of Capitol Square, restaurants, coffee shops, and public parks.

Key Highlights

  • Seven‑unit apartment building on Lake Monona
  • Built in 1906 as a two‑flat
  • 2017 installation of 400‑amp underground electrical service and separate panels

Property Analytics

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Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

1,089
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
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Market

Properties on Market for Apartment buildings in Madison

Jul
Aug
Sep
Oct

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?
Apartment building - The property pairs a Lake Monona setting with upgraded electrical service, roofing, and exterior finishes.
Where is this apartment building located?
The property is located at 933 Spaight St Madison, WI.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Seven‑unit apartment building on Lake Monona; Built in 1906 as a two‑flat; 2017 installation of 400‑amp underground electrical service and separate panels
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