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$381,500
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Property Description
INVESTMENT OPPORTUNITY IS KNOCKING! This cash-flowing duplex near Lake Mendota is perfect for the savvy investor looking to add value or owner occupy. Property boasts good bones & significant exterior upgrades. New siding, gutters, fascia, soffit, and aluminum gutter guards in 2025. Shingled roof in 2020 & Rolled roofing on back portion in 2022. The interior currently reflects a well-loved tenant status with room for upgrades. Lower-level unit features 3 bedrooms, hardwood floors, stainless steel appliances, & in-unit laundry. Upper-level unit offers a split 2-bed layout and eat-in kitchen. Both units include detached 1-car garage. Located minutes from Madison Technical College, local dining & parks - This is a prime chance to capitalize on the high-demand rental market! Photos reflect a vacant status, although both units are currently occupied.
Full Property Details
Full Property Details for 1937 Spohn Ave
General
- Sold For: $381,500
- Taxes: $5,638 (2025)
- Status: Closed
- Type: Multi-Family
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2016273
- Added to Site: 51 day(s) ago
Interior
- Interior Features: Water Softener, High-Speed Internet
Exterior
- Exterior Features: Fenced Yard
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: 2 Car, Detached
Location
- Municipality: Madison
- County: Dane
- Driving Directions: From I-94W keep left onto WI-30. Stay left to continue on Aberg Ave. Turn right onto Loftsgordon Ave. Turn left onto Spohn, house on the left
School Information
- School District: Madison
- Elementary School: Emerson
- Middle School: Sherman
- High School: East
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: 2 Stories, 2 Flat Up and Down
- Exterior Const.: Vinyl, Aluminum/Steel
- Basement Desc.: Full, Poured Concrete
- Year Built: 1940
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 1034
- Bedrooms: 3
Unit 2
- Square Feet: 566
- Bedrooms: 2
- Primary Bedroom: Upper Level, 11 x 10
- Bedroom 2: Upper Level, 13 x 10
- Living Room: Upper Level, 11 x 8,
- Kitchen: Upper Level, 13 x 11,
Lot Features
- Lot Size Source: Appraiser
- Zoning: TR-C4
Financial Considerations
- Tax Amount: $5,638
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Tenant's personal property
- Inclusions: 2 Refrigerators, 2 Ranges/Ovens, 1 Dishwasher, 1 Washer, 1 Dryer, All Window Coverings
Listed by Stark Company, REALTORS
Sold by Berkshire Hathaway HomeServices True Realty
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Schools
Schools serving 1937 Spohn Ave
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Emerson Elementary School, Madison, WI 2421 East Johnson Street, Madison, WI 53704 | PK-5 | 1.1 mi |
Sherman Middle School 1610 Ruskin Street, Madison, WI 53704 | 6-8 | 0.2 mi |
East High School, Madison, WI 2222 East Washington Avenue, Madison, WI 53704 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1937 Spohn Ave
Date
Details
Price
Change
Source
3/31/2026
Sold
$381,500
1.76%
MLS
2/12/2026
Listed
$374,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1937 Spohn Avenue, Madison, WI 53704 (MLS# 2016273) is a Multi-Family property that was sold at $381,500 on March 31, 2026. Want to learn more about 1937 Spohn Avenue? Do you have questions about finding other Multi-Family real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

