2021 Carey Ct, Madison, WI, 53704
About This Home
Emerson two flat boasts a great opportunity to get into the market and start building equity. Great for investor, owner occupied unit or potential to convert back to a single family home. Both units offer spacious floorplans, oak hardwood floors, character rich vintage bathrooms and kitchens. 1st floor apartement has additional space in the basement for media or hobbies and offers a 2nd kitchen and bath (built out as a separate apartment, but not allowed to be a separate rental by the city). New roof, window wraps and gutters '26, vinyl windows '21, furnace '21, H20 heater '23 & newer shed. Tenants pay electric, 1/3 monthly water bill and cooking gas per lease. There is also a clause for early termination of the leases if Buyer is looking to owner occupy. Close to bus/bike paths, restuarants, downtown, matc & just a couple of blocks to Schenks Corners entertainment & foodie corridor!
Getting Around
Very Walkable
Good Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1939
Materials
- Foundation: Poured concrete foundatn
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Apartment
Interior
Appliances
- Appliances included: Range/Oven (Unit 1),Refrigerator (Unit 1),Range/Oven (Unit 2),Refrigerator (Unit 2),Water Softener Owned
- Laundry features: Common Area
Basement
- Has basement: Yes
- Basement: Full,Laundry facilities,Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Features
- Private basement,Shared basement
- Window features: Low Emissivity Windows
- Flooring: Wood or Simulated Wood (Unit 1),Wood or Simulated Wood (Unit 2)
Heating
- Heating features: Natural Gas,Forced Air
Interior Area
- Total structure area: 2,183
- Total interior livable area: 2,183 sqft
Property
Details
- Parcel number: 071006306221
- Zoning: TR-V1
- Exclusions: All personal property of Seller and/or Tenants.
Features
- Levels: Two
Lot
- Lot size: 3,049 sqft
- Features: Near Public Transit
Parking
- Total spaces: 1
- Parking features: 1 space,Concrete,Outside,Paved
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Heat Wave
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Wisconsin Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,174 | $26,088 |
| Home Insurance * | $139 | $1,668 |
| Property Taxes | $686 | $8,232 |
| Electricity | $205 | $2,461 |
| Total | $3,204 | $38,448 |
Income You'd Need if You Spent...
Wisconsin FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-08 | Listed for sale | $430,000 |
| 1999-06-01 | Sold | $118,000 |
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