27 days on rocket

909 Spaight St, Madison, WI, 53703

$1,400,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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909 Spaight St, Madison$1,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Space, Outside
Year Built1909
HeatingRadiant, Electric, Natural Gas
BasementYes
WaterfrontWaterfront, Lake Front
MLS #1975327
Lot Size0.17 Acres
StatusActive

About 909 Spaight St

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!

Property Details

Property Features

Property Information:

  • Year Built: 1909

Listing Office:

  • Office Name: Lauer Realty Group, Inc.
  • Office Phone: (608) 467-3220
  • Listing Agent: Mark Gladue

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Water Softener, High Speed Internet

Exterior Features

Exterior Information:

  • Waterfront: Waterfront, Lake Front

Parking Information:

  • Parking: 1 Space, Outside

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Radiant, Electric, Natural Gas

School Info

Assigned Schools Information:

  • East High School, Public District Grades 9-12
  • Georgia O'Keeffe Middle School, Public District Grades 6-8
  • Marquette Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: E Williamson to Paterson to Spaight

Municipality:

  • Madison

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,400,000
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Housing Market Comparison

See how this home compares to others in Madison, WI.

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Madison, WI

City

Med. Sold Price

$390.3K

Med. Price/SqFt

$229

# of Sold Homes

208

909 Spaight St vs Madison

27 DAYS ON ROCKET

$1,400,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Madison, WI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: WIREX_SCW
  • MLS Number: #1975327

Listing Office:

  • Office Name: Lauer Realty Group, Inc.
  • Office Phone: (608) 467-3220
  • Listing Agent: Mark Gladue

© 2024 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2024, 7:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2447822
7
/10

  • Marquette Elementary School

  • 1501 Jenifer St

  • 0.75 miles

  • Public District Grades 3-5

Middle School

school-card-donut-2447823
4
/10

  • Georgia O'Keeffe Middle School

  • 510 S Thornton Ave

  • 0.78 miles

  • Public District Grades 6-8

High School

school-card-donut-2447824
5
/10

  • East High School

  • 2222 E Washington Ave

  • 1.48 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,043. Residents of Madison, WI typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Wisconsin›Dane County›Madison›53703›909 Spaight St

This home is located at 909 Spaight St in Madison, WI and zip code 53703 in the Marquette neighborhood. This home, which was built in 1909, sits on a 0.17 acre lot. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $1,400,000.

In April 2024, from all listings sold in Madison, WI there were more than 138 sold above asking price, over 38 sold below and more than 32 were sold right at the asked price. The number of homes for sale in Madison, WI increased by 17.8% between March 2024 and April 2024.

From Rocket Homes Real Estate and based on county public records data.

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