1321-1323 S THOMPSON Drive, Madison, WI 53716

Madison
Local realty services provided by:ERA MyPro Realty
Listed by: dan chin homes team, dan chin
Office: real broker llc.
MLS#:2012546
Source:Metro MLS
1321-1323 S THOMPSON Drive,Madison, WI 53716
$525,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$525,000

About this home

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

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Home facts

  • Year built:1980
  • Subdivision & Development:Sunrise Meadows
  • Listing ID #:2012546
  • Added:316 day(s) ago
  • Updated:December 20, 2025 at 05:19 PM

Rooms and interior

  • Basement Description:Exposed, Full Size Windows, Partially Finished

Heating and cooling

  • Cooling:Forced Air
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1980
  • Lot area:0.36 Acres
  • Construction Materials:Aluminum/Steel, Brick

Schools

  • High school:Lafollette
  • Middle school:Sennett
  • Elementary school:Elvehjem

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$525,000
  • Tax amount:$9,424 (2024)

Features and amenities

  • Amenities:Separate Electric Meters, Separate Gas Meters

Parking

  • Parking description:1 Car Garage, Garage - Attached
  • Garage spaces:1
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