For sale

$540,000

1227 Spaight St, Madison, WI 53703

3beds

1,376sqft

$4,299/mo

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Single Family Residence

Built in 1886

4,356 Square Feet Lot

$529,200 Zestimate^®

$392/sqft

$-- HOA

What's special

Historic charm meets incredible flexibility at 1227 Spaight Street! This inviting home is currently configured as a 2-unit property, featuring a spacious 3-bedroom unit plus a separate efficiency, ideal for rental income, owner-occupancy, guests, or a home office. Prefer single-family living? The property can be restored to its original single-family configuration, offering exceptional versatility. Enjoy classic character, a welcoming front porch, beautiful landscaping, and a prime location in Madison’s East side in the Marquette neighborhood. Just minutes from downtown, the Capitol, parks, bike paths, restaurants, and all the East Side has to offer. A rare opportunity to own a piece of Madison with options to fit your lifestyle or investment goals! Also listed as a multi-family MLS 2030234

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1

Primary bedroom

Level: Upper
Area: 132
Dimensions: 11 x 12

Bedroom 2

Level: Upper
Area: 132
Dimensions: 11 x 12

Bedroom 3

Level: Upper
Area: 121
Dimensions: 11 x 11

Kitchen

Features: Dishwasher, Range/Oven, Refrigerator
Level: Main
Area: 143
Dimensions: 13 x 11

Living room

Level: Main
Area: 144
Dimensions: 12 x 12

Heating

Forced Air

Features

Basement: Full
Has fireplace: No

Interior area

Total structure area: 1,376
Total interior livable area: 1,376 sqft
Finished area above ground: 1,376

Property

Parking

Parking features: No Garage

Features

Levels: Two,Bi-level
Stories: 2

Lot

Size: 4,356 Square Feet
Dimensions: 33X132
Features: Near Public Transit, Sidewalk

Details

Parcel number: 071007305074
Zoning: res

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Vinyl Siding

Condition

Year built: 1886

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Madison

Financial & listing details

Price per square foot: $392/sqft
Tax assessed value: $433,300
Annual tax amount: $7,992
Date on market: 8/11/2026
Inclusions: 2 Refrigerators, 2 Range/Oven, 1 Dishwasher, 1 kitchen island, Washer, Dryer
Exclusions: Sellers Personal Property

Estimated market value

$529,200

$503,000 - $556,000

$2,456/mo

Price history

Date	Event	Price
8/11/2026	Listed for sale	$540,000+35%$392/sqft
Source: SCWMLS #2030226 Report a problem
1/17/2023	Sold	$400,000-2.4%$291/sqft
Source: Public Record Report a problem
12/1/2022	Pending sale	$410,000$298/sqft
Source: WIREX MLS #1947107 Report a problem
11/21/2022	Listed for sale	$410,000+8.8%$298/sqft
Source: WIREX MLS #1947106 Report a problem
6/21/2021	Sold	$377,000-0.8%$274/sqft
Source: Public Record Report a problem
4/2/2021	Price change	$379,900-1.3%$276/sqft
Source: SCWMLS #1904176 Report a problem
3/18/2021	Listed for sale	$384,900$280/sqft
Source: SCWMLS #1904176 Report a problem
2/17/2021	Listing removed	--
Source: Owner Report a problem
8/14/2019	Listing removed	$895$1/sqft
Source: Owner Report a problem
7/14/2019	Listed for rent	$895$1/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$7,781 -0.6%	$397,500 +2.3%
2023	$7,828	$388,500 +5%
2022	--	$370,000 +6.7%
2021	--	$346,700 +8%
2020	--	$321,000 +8%
2019	$6,296	$297,200 +5%
2018	$6,296 +8.2%	$283,000 +12%
2017	$5,816 +6.1%	$252,700 +10%
2016	$5,484 -0.1%	$229,700
2014	$5,487 -1.5%	$229,700 +4%
2013	$5,572 +5.7%	$220,900
2012	$5,270 +5.1%	$220,900
2011	$5,013 +3.6%	$220,900
2010	$4,838 +3.8%	$220,900 -4%
2009	$4,661 +0.7%	$230,100 -4%
2008	$4,628 -1.7%	$239,700
2007	$4,709 +6.7%	$239,700 +7%
2006	$4,413 -9.6%	$224,000 -4.7%
2005	$4,884 +33.3%	$235,000 +42.7%
2004	$3,664 +0.7%	$164,700
2003	$3,637 +8.7%	$164,700 +15.5%
2002	$3,345 +3.1%	$142,600 +8%
2001	$3,245 +9.8%	$132,000 +13%
2000	$2,955	$116,800