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.
Sold for $950,000
$950,000
1250-1252 Spaight St, Madison, WI 53703
9beds
4,202sqft
Apartment
Built in 1899
-- sqft lot
$962,100 Zestimate®
$226/sqft
$1,926 Estimated rent
Home value
$962,100
$914,000 - $1.02M
$1,926/mo
Zestimate® history
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$1,926/mo
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$6,277/mo
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Zillow last checked:
Listing updated:
Listed by:
Jon Vanden Brook,
First Weber Inc
Bought with:
Jim Stopple, 12003-90
Madison Property Management, Inc.
Source: SCWMLS,MLS#: 2015344
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2), Individual Heat Control (Unit 3)
Appliances
- Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3)
- Laundry: Common Area
Features
- Internet -Fiber Available, Dining Room (Unit 1), Family/Rec Room (Unit 1), Pantry ((Unit 1), Shared basement, Dining Room (Unit 2), Family/Rec Room (Unit 2), Pantry ((Unit 2), Family/Rec Room (Unit 3)
- Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2), Wood or Simulated Wood (Unit 3)
- Basement: Full
Interior area
- Total structure area: 4,202
- Total interior livable area: 4,202 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 spaces, Outside
- Details: Outside
Features
- Levels: Three Or More
- Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2)
- Fencing: Fenced
Lot
- Size: 3,484 sqft
- Features: Near Public Transit
Details
- Parcel number: 071007304315
- Zoning: HIS-TL
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Other
Condition
- Year built: 1899
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate elec meters, Separate gas meters, Internet - Cable
Community & neighborhood
Location
- Region: Madison
HOA & financial
Other financial information
- Total actual rent: 86880
Other
Other facts
- Listing terms: Arms Length
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Sold | $950,000-9.5%$226/sqft |
Source: SCWMLS #2015344 Report a problem | ||
| 2/18/2026 | Contingent | $1,050,000$250/sqft |
Source:  WIREX MLS #2015344 Report a problem | ||
| 1/30/2026 | Listed for sale | $1,050,000$250/sqft |
Source: WIREX MLS #2015344 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Marquette
Nearby schools
GreatSchools rating
- 9/10Marquette Elementary SchoolGrades: 3-5Distance: 0.3 mi
- 8/10O'keeffe Middle SchoolGrades: 6-8Distance: 0.3 mi
- 8/10East High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Lapham/Marquette
- Middle: OKeeffe
- High: East
- District: Madison
Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$962,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$962,100
- Wisconsin
- Dane County
- Madison
- 53703
- Marquette
- 1250-1252 Spaight St
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