$550,000

308-310 Owen Road, Monona, WI 53716

Multi-Family Home
Built in 1962
10,324sqft lot
—— car garage
$——/sqft
Listed 8 days ago

Property Description

Show 2/6. This fantastic duplex in the heart of Monona offers an ideal combination of location, layout, and long-term value. Situated just a short walk from parks, shops, and popular restaurants along Monona Dr, the property is highly appealing to both tenants and owners. Each unit features 3 bedrooms and 1.5 baths with hardwood floors refinished in 2015. The smart tri-level design places the kitchen, dining area, laundry, and 1/2 bath on the lower level, which walks out to a generous shared backyard?perfect for outdoor enjoyment. Two spacious bedrooms and a full bath are located on the upper level, while the main level includes a comfortable living room and primary bedroom. Recent improvements include exterior painting in 2020, new water heater at 308 in 2024, new roof in 2025, and select new appliances. Both units are currently rented below market value; Unit 310 has a long-term tenant in place. Est market rents are approx $2,000/unit/month, offering strong upside potential.

Listing Status:: Active
Data Last Updated:: February 14, 2026 at 4:53AM
Listing Office:: Real Broker LLC : 6089572683
Listing Agent:: Cheng Real Estate Group : 6089572683
MLS ID:: 714542386400

General: Water SoftenerHigh Speed Internet
Basement: FullExposedFull Size WindowsWalk Out/Outer DoorFinishedPartially FinishedCrawl SpacePoured Concrete
A/C: Forced Air

General: Wood
Parking: 2 SpaceOutside

General: Duplex - Side By SideDuplex

Originating MLS: WIREX_SCW
School District: Monona Grove
County: DANE

Zoning: Res0710-201-7044-6

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

Source: WIREX_SCW
Exclusions: Tenant's personal property.

This listing courtesy of Cheng Real Estate Group , Real Broker LLC

Monthly Payment

$Est. Payment

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

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Winnequah School

800 Greenway Rd, Monona, WI, 53716

Grades PK-5

0.74 miles away

Monona Grove Liberal Arts

5301 Monona Dr, Monona, WI, 53716

Grades 6-12

0.38 miles away

Monona Grove Liberal Arts

5301 Monona Dr, Monona, WI, 53716

Grades 6-12

0.38 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.