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$530,000
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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
Full Property Details
Full Property Details for 1321-1323 S Thompson Dr
General
- Sold For: $530,000
- Taxes: $9,424 (2024)
- Status: Closed
- Type: Duplex
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2012546
- Added to Site: 58 day(s) ago
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Garage Description: 1 Car, Attached
Location
- Municipality: Madison
- County: Dane
- Subdivision: Sunrise Meadows
- Driving Directions: E on Cottage Grove Rd to S on S Thompson
School Information
- School District: Madison
- Elementary School: Elvehjem
- Middle School: Sennett
- High School: Lafollette
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
- Utility Description: Separate Electric Meters, Separate Gas Meters
Structural Information
- Description/Design: Side-by-Side Duplex, Duplex
- Exterior Const.: Aluminum/Steel, Brick
- Basement Desc.: Exposed, Full-Size Windows, Partially Finished
- Year Built: 1980
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 1278
- Bedrooms: 3
Unit 2
- Square Feet: 1278
- Bedrooms: 3
- Primary Bedroom: Upper Level, 12 x 10
- Bedroom 2: Upper Level, 12 x 10
- Bedroom 3: Lower Level, 10 x 10
- Living Room: Upper Level, 15 x 12,
- Kitchen: Upper Level, 12 x 12,
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: SR-C3
Financial Considerations
- Tax Amount: $9,424
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Seller's Personal Property
- Inclusions: See Addendum R
Listed by Real Broker LLC
Sold by EXP Realty, LLC
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Price & Sales History for 1321-1323 S Thompson Dr
Date
Details
Price
Change
Source
1/02/2026
Sold
$530,000
0.95%
MLS
11/20/2025
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1321-1323 S Thompson Drive, Madison, WI 53716 (MLS# 2012546) is a Duplex property that was sold at $530,000 on January 02, 2026. Want to learn more about 1321-1323 S Thompson Drive? Do you have questions about finding other Duplex real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

