308-310 Owen Rd

Monona, WI 53716

$550,000
Price
6
Beds
2,816 Sq. Ft.
$195 / Sq. Ft.
2,816
Sq. Ft.
$195
per Sq. Ft.
New
New

Description

Show 2/6. This fantastic duplex in the heart of Monona offers an ideal combination of location, layout, and long-term value. Situated just a short walk from parks, shops, and popular restaurants along Monona Dr, the property is highly appealing to both tenants and owners. Each unit features 3 bedrooms and 1.5 baths with hardwood floors refinished in 2015. The smart tri-level design places the kitchen, dining area, laundry, and 1/2 bath on the lower level, which walks out to a generous shared backyard—perfect...Show 2/6. This fantastic duplex in the heart of Monona offers an ideal combination of location, layout, and long-term value. Situated just a short walk from parks, shops, and popular restaurants along Monona Dr, the property is highly appealing to both tenants and owners. Each unit features 3 bedrooms and 1.5 baths with hardwood floors refinished in 2015. The smart tri-level design places the kitchen, dining area, laundry, and 1/2 bath on the lower level, which walks out to a generous shared backyard—perfect for outdoor enjoyment. Two spacious bedrooms and a full bath are located on the upper level, while the main level includes a comfortable living room and primary bedroom. Recent improvements include exterior painting in 2020, new water heater at 308 in 2024, new roof in 2025, and select new appliances. Both units are currently rented below market value; Unit 310 has a long-term tenant in place. Est market rents are approx $2,000/unit/month, offering strong upside potential.
  1. Listed by Cheng Real Estate Group • Real Broker LLC • Pref: 608-957-2683
  2. Listed by Jack Cheng • Real Broker LLC

Property Details for 308-310 Owen Road

Zoning
Res
LISTING UPDATED: 02/05/2026 07:58 AM

Property Details for 308-310 Owen Road

StatusActive
MLS #2016043
Days on MarketListed Today
Taxes$9,264 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex-side by side
Year Built1962
Lot Size0.24 AC / 10,323 SF
CountyDane County

Location

Listing Courtesy of Real Broker LLC
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Building Information for 308-310 Owen Road

Stories-Residences2Year Built1962Building Size-Lot Size0.24 AC / 10,323 SF

Payment Calculator

$3,453 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,681

Property Taxes

$772

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 308-310 Owen Road

Summary
Location and General Information
  • C/T/V: City
  • County: Dane
  • County Qtr Section: East Metro Madison
  • Directions: Monona Drive, west on Owen Rd.
  • Location: MONONA - C
  • Mailing City: Monona
  • Municipality: Monona
  • State: WI
  • Zip: 53716
Parking
  • Park/Unit: 2 spaces, Outside
  • Parking Spaces Outside: 4
  • Parking Stalls Inside: 0
School Information
  • Elementary: Winnequah
  • High School: Monona Grove
  • Middle School: Glacial Drumlin
  • School District: Monona Grove
Taxes and HOA Information
  • Net Taxes: $9,264.00
  • Parcel ID: 0710-201-7044-6
  • Tax Year: 2025
Property
Property and Assessments
  • Class: Multi Family
  • Improvements: 456200
  • Land Assess: $67,100.00
  • Legal Documents: Condition report on file, Lease(s) on file
  • Miscellaneous: Close to bus line, Water Softener Owned, Internet - Cable
  • Total Assess: $523,300.00
  • Total Assess Year: 2025
  • Type: Duplex-side by side
  • Year Built: 1962
Lot Information
  • Estimated Total Acres: 0.237
  • Source of Est. Acres: Assessor
  • Source of Year Built: Assessor
Utilities
  • Utilities: Separate elec meters, Separate gas meters
  • Water/Waste: Municipal sewer, Municipal water
Interior and Exterior Features
Exterior Features
  • Exterior: Wood
Interior Features
  • Items Included: 2 Refrigerators, 2 Stoves, 2 Washers, 2 Dryers, 1 Water Softener.
  • Items Excluded: Tenant's personal property.
  • Number of Dish Washers: 0
  • Number of Dryers: 2
  • Number of Furnaces: 2
  • Number of Stoves: 2
  • Number of Refrigerators: 2
  • Number of Washers: 2
  • Number of Water Heaters: 2
  • Number of Water Softeners: 1
  • Basement: Full, Full size windows/Exposed, Walkout to yard, Finished, Partially finished, Crawl space, Poured concrete foundatn
  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Number of Efficiencies: 0
Room Information
Bedrooms
  • Number of 1 Bedrooms: 0
  • Number of 2 Bedrooms: 0
  • Number of 3+ Bedrooms: 2
Multi Family
Unit Information
  • Number of Units w/AC: 2
  • Number of Units: 2
Income & Expenses Information
  • Net Operating Income Year: 2025
  • Total Income: $40,860
Unit 1
  • U1 Landlord Pays Heat: No
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Water/Sewer: Yes
  • Unit 1: Family/Rec rm,Eat-in kitchen,Air conditioning,Range/oven,Refrigerator,Washer/dryer,Individual heat control,In-unit laundry,Wood or sim. wood floor
  • U1 Parking: 2 Space
  • U1 Number of Bedrooms: 3
  • U1 Full Baths: 1
  • U1 Half Baths: 1
  • U1 SqFt: 1408
  • Unit 1 Bedroom 3 Level: U
  • Unit 1 Dining Area Level: L
  • Unit 1 Kitchen Level: L
  • Unit 1 Living/Great Room Level: M
  • Unit 1 Primary BedRoom Level: M
  • Unit 1 Bedroom 2 Level: U
  • Unit 1 Bedroom 2 Dimensions: 11x11
  • Unit 1 Bedroom 3 Dimensions: 11x11
  • Unit 1 Dining Area Dimensions: 10x11
  • Unit 1 Kitchen Dimensions: 10x11
  • Unit 1 Living/Great Room Dimensions: 12x19
  • Unit 1 Primary BedRoom Dimensions: 9x12
Unit 2
  • U2 Landlord Pays Heat: No
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Water/Sewer: Yes
  • Unit 2: Family/Rec rm,Eat-in kitchen,Air conditioning,Range/oven,Refrigerator,Washer/dryer,Wood or sim. wood floor,Individual heat control,In-unit laundry
  • U2 Parking: 2 Space
  • Unit 2 Bedroom 2 Level: U
  • Unit 2 Bedroom 3 Level: U
  • Unit 2 Dining Area Level: L
  • Unit 2 Kitchen Level: L
  • Unit 2 Living/Great Rm Level: M
  • Unit 2 Primary BedRm Level: M
  • Unit 2 Bedroom 2 Dimensions: 11x11
  • Unit 2 Bedroom 3 Dimensions: 11x11
  • Unit 2 Dining Area Dimensions: 10x11
  • Unit 2 Kitchen Dimensions: 10x11
  • Unit 2 Living/Great Rm Dimensions: 12x19
  • Unit 2 Primary BedRm Dimensions: 9x12
  • U2 Number of Bedrooms: 3
  • U2 Full Baths: 1
  • U2 Half Baths: 1
  • U2 SqFt: 1408

Property History for 308-310 Owen Road

DateEvent & SourcePriceAppreciation
Feb 5, 2026

Listed (Active)

SCWMLS #2016043

$550,000—
DateEvent & SourcePrice
02/05/2026

Listed (Active)

SCWMLS #2016043

$550,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 308-310 Owen Road

This home is within Monona Grove School District.
Rating
School
Type
Grades
Distance
Winnequah School
Public - PK to 5
Glacial Drumlin School
Public - 6 to 8
Monona Grove High School
Public - 9 to 12
Monona Grove Liberal Arts
Charter - 6 to 12
Rating
School
Distance
Winnequah School
PublicPK to 5

Glacial Drumlin School
Public6 to 8

Monona Grove High School
Public9 to 12

Monona Grove Liberal Arts
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 308-310 Owen Road, Monona, WI 53716

308-310 Owen Road is a multi-family home for sale in Monona, WI 53716. This listing's school district is Monona Grove School District. Nearby schools include Winnequah School, Glacial Drumlin School and Monona Grove High School. 308-310 Owen Road is a 6-bed, 4-bath, 2,816 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker LLC

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 02/05/2026 07:58 AM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2026 – WiREx. – All Rights Reserved