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  • $1,200,000

    909 Spaight Street, Madison, WI 53703

    --beds
    --baths
    --sqft
    Multi Family
    Built in 1909
    -- sqft lot
    $1,340,600 Zestimate®
    $--/sqft
    $1,912 Estimated rent

    Home value

    $1,340,600

    $1.23M - $1.47M

    $1,912/mo

    Zestimate® history
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    Owner options

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    $1,912/mo

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    $1,912/mo

    Rent Zestimate®

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    $6,553/mo

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    $6,553/mo

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    What's special

    Fully rented, never vacant, 5 unit, once in a generation property situated on the shores of Lake Monona in one of Madison's most desirable locations. A short walk to Capitol Square and in the heart of the Marquette neighborhood. Originally the M.H. Sater Apartment Building, this classic American Foursquare was built in 1907. 40 ft of lake frontage, the lot is long and is terraced in the back. The exponential growth potential for net income in 2025 is outstanding! A unique combination of units, comprised of a studio, a 1 bedroom, two, 2 bedroom apartments and a two story 5 bedroom apartment. Several garden plots on the lake and kayak storage. Updates include electrical service for the entire building, new water softener and south side dormer rebuild. This is a special place!

    Zillow last checked: 7 hours ago

    Listing updated: August 13, 2024 at 09:11am

    Listed by:

    Mark Gladue 608-658-0467,

    Lauer Realty Group, Inc.

    Bought with:

    Jaden Enge

    Source: WIREX MLS,MLS#: 1975327MLS LogoOriginating MLS: South Central Wisconsin MLS

    Facts & features

    Interior

    Heating
    • Natural Gas, Radiant/Electric
    Appliances
    • Included: Water Softener
    Features
    • Basement: Full,Exposed,Walk-Out Access,Partially Finished
    • Has fireplace: No

    Property

    Parking
    • Parking features: 1 Space, Outside
    Features
    • Levels: Three Or More
    • Stories: 3
    • Waterfront features: Waterfront, Lake
    • Body of water: Monona
    Lot
    • Size: 7,405 sqft
    Details
    • Parcel number: 070913426114
    • Zoning: HIS_TL
    • Special conditions: Arms Length

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding, Stucco
    Condition
    • 21+ Years
    • New construction: No
    • Year built: 1909

    Utilities & green energy

    • Electric: Separate Electric Meters
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Separate Electric Meters

    Community & neighborhood

    Location
    • Region: Madison
    • Municipality: Madison

    Price history

    DateEventPrice
    8/12/2024Sold$1,200,000+9.1%
    Source: WIREX MLS #1975327 Report a problem
    6/8/2024Pending sale$1,100,000
    Source: WIREX MLS #1975327 Report a problem
    5/31/2024Price change$1,100,000-21.4%
    Source: WIREX MLS #1975327 Report a problem
    5/6/2024Price change$1,400,000-20%
    Source: WIREX MLS #1975327 Report a problem
    4/23/2024Listed for sale$1,750,000
    Source: WIREX MLS #1975327 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Marquette

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lapham/Marquette
    • Middle: Okeeffe
    • High: East
    • District: Madison

    Source: WIREX MLS. 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
    $1,340,600
    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
    $1,340,600