1250-1252 Spaight St, Madison, WI 53703

$950,000

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Courtesy of Jon Vanden Brook with First Weber Inc. 608-836-7433

Selling Office: Madison Property Management, Inc..

Sold Price
$950,000
List Price
$1,050,000
Closing Date
Mar 26, 2026
Status
CLOSED
MLS#
2015344
Acres
0.08
Year Built
1899

Property Description

Rare opportunity on Madison’s isthmus in the highly sought-after Willy Street/Marquette neighborhood—one of the few properties in the area that cash flows from day one. This quality three-unit flat features three 3-bedroom, 1-bath units with tall ceilings and generous layouts. Units 1 and 2 are exceptionally large at nearly 1,600 square feet each and showcase beautiful original doors, trim, and woodwork that highlight the property’s classic character. Unit 3 has been completely renovated, offering modern finishes and strong rental appeal. Major capital improvements include a new $30,000 roof in 2024 and removal of all knob-and-tube wiring. Property is separately metered with four electric meters (three units plus one house meter) and separate gas meters. Coin-operated washer and dryer on site plus off-street driveway parking for approximately two vehicles. Consistently high demand makes this an excellent long-term investment or owner-occupant opportunity.

Additional Information

Architecture
Apartment
Style
Apartment
Garage Description
Other
School District
Madison
Elementary School
Lapham/Marquette
Middle School
OKeeffe
High School
East

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This information, provided by seller, listing broker, and other parties, may not have been verified. Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify perspective properties consumers may be interested in purchasing.