Madison, WI 53716,1321-1323 S THOMPSON Drive
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Madison, WI 53716,1321-1323 S THOMPSON Drive
Madison, WI 53716,1321-1323 S THOMPSON Drive
Madison, WI 53716,1321-1323 S THOMPSON Drive
Madison, WI 53716,1321-1323 S THOMPSON Drive
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Listed by Real Broker LLC • Pref: 608-620-4177
$ 525,000
Est. payment /mo
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1321-1323 S THOMPSON Drive Madison, WI 53716

6 Beds

3 Baths

2,556 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex-side by side

Listing Status Active

Purchase Type For Sale

Square Footage 2,556 sqft

Price per Sqft $205

Subdivision Sunrise Meadows

MLS Listing ID 2012546

Bedrooms 6

Full Baths 2

Half Baths 2

Year Built 1980

Annual Tax Amount $9,424

Tax Year 2024

Lot Size 0.361 Acres

Acres 0.361

Property Sub-Type Duplex-side by side

Property Description

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

Location

State WI

County Dane

Area Madison - C E12

Zoning SR-C3

Direction E on Cottage Grove Rd to S on S Thompson

Rooms

Basement Full size windows/Exposed, Partially finished

Interior

Heating Forced air

Inclusions See Addendum R

Heat Source Natural Gas

Exterior

Parking Features 1 stall garage, Attached

Utilities Available Separate elec meters, Separate gas meters

Building

Water Municipal sewer, Municipal water

Structure Type Aluminum/Steel,Brick

Schools

Elementary Schools Elvehjem

Middle Schools Sennett

High Schools Lafollette

School District Madison


South Central Wisconsin MLS (SCWMLS)
Dan Chin

Dan Chin

Team Leader | IRGI77252

+1(608) 571-1382

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1321-1323 S THOMPSON Drive