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Sold for $540,000
  • $540,000

    1337 S Thompson Dr, Madison, WI 53716

    6beds
    2,800sqft
    Duplex
    Built in 1980
    -- sqft lot
    $556,000 Zestimate®
    $193/sqft
    $1,940 Estimated rent

    Home value

    $556,000

    $523,000 - $589,000

    $1,940/mo

    Zestimate® history
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    What's special

    This well-maintained duplex offers two generously sized 3-bedroom, 2-bath units with a comfortable, functional layout. Each unit features two bedrooms on the main level, plus a large third bedroom and full bath in the finished lower level, providing plenty of space for living, working, or entertaining. The main living areas flow nicely, with a fireplace adding a cozy focal point. Both units include an attached 1-car garage and enjoy a location close to parks, shopping, and schools. While the interiors are clean and move-in ready, there’s an opportunity to bring your own style with updates over time. Whether you’re looking for an owner-occupied investment or to add to your portfolio, this duplex combines space, convenience, and potential in a desirable spot.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ferraro Real Estate Team,

    EXP Realty, LLC

    Bought with:

    Lynette Porior-Arce, 56047-90

    First Weber Inc

    Source: SCWMLS,MLS#: 2006866

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Forced Air, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2)
    Cooling
    • Air Conditioning (Unit 1), Air Conditioning (Unit 2)
    Appliances
    • Included: Dishwasher (Unit 1), Range/Oven (Unit 1), Refrigerator (Unit 1), Washer/Dryer (Unit 1), Dishwasher (Unit 2), Range/Oven (Unit 2), Refrigerator (Unit 2), Washer/Dryer (Unit 2)
    • Laundry: In Unit (Unit 1), In Unit (Unit 2)
    Features
    • Family/Rec Room (Unit 1), Fireplace (Unit 1), Private basement, Family/Rec Room (Unit 2), Fireplace (Unit 2)
    • Basement: Finished,Full,Sump Pump
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 2,800
    • Total interior livable area: 2,800 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: 1 stall garage, Attached, Outside
    • Has attached garage: Yes
    • Details: Outside
    Features
    • Levels: One
    • Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2)
    Lot
    • Size: 0.34 Acres
    Details
    • Parcel number: 071011305375
    • Zoning: SR-C3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Brick, Vinyl Siding
    • Foundation: Poured concrete foundatn
    Condition
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Separate elec meters, Separate gas meters, Separate water meters

    Community & neighborhood

    Location
    • Region: Madison

    Other

    Other facts
    • Listing terms: Arms Length

    Price history

    DateEventPrice
    10/6/2025Sold$540,000+0.9%$193/sqft
    Source: SCWMLS #2006866 Report a problem
    8/25/2025Contingent$535,000$191/sqft
    Source: WIREX MLS #2006866 Report a problem
    8/21/2025Listed for sale$535,000+167.5%$191/sqft
    Source: WIREX MLS #2006866 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    9/2/2015Sold$200,000-22.8%$71/sqft
    Source: Public Record Report a problem
    4/2/2015Listing removed$1,100
    Source: BOLD Enterprises Report a problem
    3/7/2015Listed for rent$1,100+1.9%
    Source: Owner Report a problem
    5/16/2013Listing removed$1,080
    Source: BOLD Enterprises Report a problem
    4/17/2013Listed for rent$1,080+2.9%
    Source: BOLD Enterprises Report a problem
    7/5/2011Listing removed$1,050
    Source: BOLD Enterprises Report a problem
    5/7/2011Listed for rent$1,050
    Source: BOLD Enterprises Report a problem
    3/14/2005Sold$259,000$93/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,040 +6.9%$461,800 +10%
    2023$8,458 $419,800 +14.9%
    2022-- $365,400 +20%
    2021-- $304,500 +10%
    2020-- $276,800 +5%
    2019$5,471 $263,600 +7%
    2018$5,471 +8.3%$246,400 +12%
    2017$5,054 +4.7%$220,000 +10%
    2016$4,827 +2%$200,000 +0.7%
    2014$4,734 -12.1%$198,600
    2013$5,384 +13.8%$198,600
    2012$4,730 -10.9%$198,600 -15%
    2011$5,308 -1.7%$233,700 -5%
    2010$5,397 +8.2%$246,000
    2009$4,988 +2.9%$246,000 -2%
    2008$4,848 -6.6%$251,000 -5%
    2007$5,191 +1.7%$264,200 +2%
    2006$5,103 +12.6%$259,000 +18.8%
    2005$4,533 +0.8%$218,100 +7.9%
    2004$4,498 +0.8%$202,200
    2003$4,464 +1.8%$202,200 +8.1%
    2002$4,387 +9.8%$187,000 +15%
    2001$3,997 -0.3%$162,600 +3%
    2000$4,010 $157,900

    Find assessor info on the county website

    Neighborhood: Elvehjem

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Elvehjem
    • Middle: Sennett
    • High: Lafollette
    • District: Madison

    Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $556,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $556,000