1321-1323 S Thompson Dr

Madison, WI 53716
  • $525,000

    Price
  • 6

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 22462 - 43352,137142

Showings begin 11/22. Great opportunity to own a well-maintained duplex in East Madison’s Sunrise Meadows neighborhood, close to parks and Elvehjem Elementary. One unit is vacant and the other is rented month-to-month, allowing immediate rental income or owner-occupancy. Current rent is well below market, creating strong upside potential. Estimated market rent is $2,545 per side, $5,090 total/month. Each unit offers 1,278 sq ft, an open layout, fireplace, attached 1-car garage, and finished lower level. Spacious yards and private entrances enhance livability. Perfect for house hacking or adding to your investment portfolio. Separate utilities already in place. Ideal for long-term income or short-term value add. A rare find with cash flow potential from day one in a desirable location with

Listing Highlights

Status Active With Contingency
Days on Site 41
Property Type Multi-Family
MLS ® 2012546
Year Built 1980
Total Square Footage 0
Lot/Acreage 0.36
County Dane
Neighborhood Sunrise Meadows
School District Madison
Elementary School Elvehjem
Middle School Sennett
High School Lafollette

Interior Details

  • Bedrooms: 6
  • Bathrooms: 2 Full / 2 Half
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Full size windows/Exposed,Partially finished
  • Other: Family/Rec rm,Eat-in kitchen,Air conditioning,Fireplace,Range/oven,Refrigerator,Washer/dryer,Individual heat control,In-unit laundry,Wood or sim. wood floor,Private basement,2 Units
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Zoning: SR-C3
  • Roof:
  • Others: Aluminum/Steel,Brick
  • Sewer: Municipal sewer, Municipal water

Financial Details

  • Tax Amount: $9,424
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0710-113-0533-3
  • Tax Year: 2024

Payment Calculator

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1321-1323 S Thompson Dr Madison, WI 53716

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Originating MLS: WI_SCWMLS

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