Search
Oak-Floored Duplex
For Sale
$430,000

2021 Carey Court, Madison, WI 53704

MULTI_FAMILY - Madison, WI

Property SizeContact for details
Lot Size0.07 Acres
Days on Market29

Property Features for 2021 Carey Court

General Information

Property type Residential Multi Family
Property subtype Other
Zoning TR-V1
Bedrooms 2
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3
Appliances 3
Subdivision Emerson
Elementary school Emerson
Middle school Sherman
High school East
Elementary school district Madison
Middle school district Madison
High school district Madison
Directions E Washington to N on 2nd Street, R on Carey Court
Standard status Active
APN 0710-063-0622-1
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7333

Utilities

Heating system Forced Air

Building Details

Year built 1939
Floors in Building 2
Number of units 2
Listing Agency: Lauer Realty Group, Inc.
Listed By: Liz Lauer · License #9056139
Added: Jul 8 Changed: Aug 5 Last Checked: Aug 5 at 3:06PM
MLS# 2027560

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1939 duplex contains two residential units with spacious floorplans, oak hardwood floors, and vintage-style bathrooms and kitchens. The first-floor unit includes additional basement space with a second kitchen and bathroom, configured as a separate apartment but not permitted by the city as an independent rental. A newer shed provides additional on-site storage. Mechanical and exterior updates include vinyl windows from '21, a furnace from '21, a water heater from '23, and a new roof, window wraps, and gutters noted for '26.

The property is located in Madison near bus and bike paths, restaurants, downtown, MATC, and the Schenks Corners entertainment and dining corridor. Zoning is TR-V1. Lease provisions state that tenants pay electric, one-third of the monthly water bill, and cooking gas; the leases also include an early-termination clause if the buyer plans to occupy a unit.

Key Highlights

  • Two‑unit duplex built in 1939 on 0.07 acres
  • Oak hardwood floors, spacious layouts, and vintage bathrooms and kitchens
  • Basement includes a second kitchen and bathroom; separate rental use is not city‑permitted

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Auto Parts Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,130
Businesses Nearby

Demographics for 53704, WI

47,066
Population
22,740
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
21.9 sq mi
ZIP Area
2,149
Density / Sq Mi
$75,007
Median Household Income
$47,665
Median Earnings
$1,231
Median Rent
$289,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two units feature spacious layouts, oak flooring, vintage bathrooms, and kitchens with period character.
Where is this duplex located?
The property is located at 2021 Carey Court Madison, WI.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1939 on 0.07 acres; Oak hardwood floors, spacious layouts, and vintage bathrooms and kitchens; Basement includes a second kitchen and bathroom; separate rental use is not city‑permitted
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message