Two-Unit Duplex with Oak
For Sale
$430,000
2021 Carey Ct, Madison, WI 53704
Emerson two-flat offers spacious units with oak hardwood floors, plus basement space and updated mechanicals.
Property Size853 SF
Price / SF$504.10
Days on Market51
Property Features for 2021 Carey Ct
General Information
Standard status
Active
Size
853 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1939
Tenancy
Multi
Listing Agency:
Lauer Realty Group, Inc.
(608) 444-5725
Listed By:
Liz Lauer · License #9056139
Source:
Soldinmadison
Added: Jul 11
Changed: Aug 24
Last Checked: Aug 29 at 11:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lauer Realty Group, Inc.
Investment Insights
Based on property information with market context.
This Emerson two-flat duplex includes two spacious units featuring oak hardwood floors and vintage character in the kitchens and bathrooms. The first-floor apartment has additional finished basement space that can support media or hobby use, and it includes a second kitchen and bath that were built out as a separate apartment, though the city does not allow it to be used as a separate rental.
At 2021 Carey Court in Madison, the property is described as being close to bus and bike paths, restaurants, downtown, and MATC, with Schenks Corners entertainment and dining just a couple of blocks away.
Recent improvements noted in the remarks include a new roof, window wraps, and gutters in 2026; vinyl windows in 2021; a furnace in 2021; and an H2O heater in 2023, along with a newer shed. Tenant utility responsibility is outlined in the leases as electric, one-third of the monthly water bill, and cooking gas. The seller also notes an early termination clause in the leases if a buyer wants to owner-occupy.
At 2021 Carey Court in Madison, the property is described as being close to bus and bike paths, restaurants, downtown, and MATC, with Schenks Corners entertainment and dining just a couple of blocks away.
Recent improvements noted in the remarks include a new roof, window wraps, and gutters in 2026; vinyl windows in 2021; a furnace in 2021; and an H2O heater in 2023, along with a newer shed. Tenant utility responsibility is outlined in the leases as electric, one-third of the monthly water bill, and cooking gas. The seller also notes an early termination clause in the leases if a buyer wants to owner-occupy.
Key Highlights
- 1939 Emerson two‑flat with spacious unit floorplans, oak hardwood floors, and vintage‑style kitchens and bathrooms
- 1st‑floor unit includes additional basement space plus a 2nd kitchen and bath (built out as a separate apartment, not allowed as a separate rental)
- Recent updates include new roof, window wraps, and gutters (’26), vinyl windows (’21), furnace (’21), and H2O heater (’23)
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,207
Businesses Nearby
Explore this area
Business Placement
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
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 - Emerson two-flat offers spacious units with oak hardwood floors, plus basement space and updated mechanicals.
Where is this duplex located?
The property is located at 2021 Carey Ct 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: 1939 Emerson two‑flat with spacious unit floorplans, oak hardwood floors, and vintage‑style kitchens and bathrooms; 1st‑floor unit includes additional basement space plus a 2nd kitchen and bath (built out as a separate apartment, not allowed as a separate rental); Recent updates include new roof, window wraps, and gutters (’26), vinyl windows (’21), furnace (’21), and H2O heater (’23)
