Madison, WI 53716,1321-1323 S THOMPSON Drive
See all 38 photos
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
Listed by Real Broker LLC • Pref: 608-620-4177
Bought with EXP Realty, LLC

$530,000

Est. payment /mo

$525,000

1.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1321-1323 S THOMPSON Drive Madison, WI 53716

6 Beds

3 Baths

2,556 SqFt

SOLD DATE : 01/02/2026

Key Details

Sold Price $530,000

Property Type Multi-Family

Sub Type Duplex-side by side

Listing Status Sold

Purchase Type For Sale

Square Footage 2,556 sqft

Price per Sqft $207

Subdivision Sunrise Meadows

MLS Listing ID 2012546

Sold Date 01/02/26

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

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

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


South Central Wisconsin MLS (SCWMLS)
Rico Sabatini

Rico Sabatini

Broker Associate | License ID: 782112-94

+1(608) 692-1900

GET MORE INFORMATION

Name
Phone*
Message