$525,000

1321-1323 S THOMPSON Drive, Madison, WI 53716

Multi-Family Home
Built in 1980
0.36acre lot
1 car garage
$——/sqft
Listed 17 days ago

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

Listing Status:: Active
Listing Office:: Real Broker LLC : 8554500442
Listing Agent:: Dan Chin Homes Team : 6086204177
MLS ID:: 707823448202

Basement: ExposedFull Size WindowsPartially Finished
A/C: Forced Air

General: Aluminum/SteelBrick

General: Duplex - Side By SideDuplex

Originating MLS: WIREX_SCW
School District: Madison
County: DANE

Zoning: SR-C30710-113-0533-3

Utilities: Separate Electric MetersSeparate Gas Meters
Sewer: Municipal WaterMunicipal Sewer

Source: WIREX_SCW
Exclusions: Seller's Personal Property

This listing courtesy of Dan Chin Homes Team, Real Broker LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Elvehjem Elementary School

5106 Academy Dr, Madison, WI, 53716

Grades PK-5

0.49 miles away

Ray F. Sennett Middle School

502 Pflaum Rd, Madison, WI, 53716

Grades 6-8

2.23 miles away

La Follette High School

702 Pflaum Rd, Madison, WI, 53716

Grades 9-12

2.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.