2938-2940 Traceway Drive, Madison, WI 53713

6beds

2,800sqft

Est.:

Multi Family, Duplex

Built in 1980

-- sqft lot

$494,900 Zestimate^®

$170/sqft

$-- HOA

What's special

Pump trackManicured nature pathsSpacious duplexCommunity garden

Showings to begin @ Open Houses 3/28-3/29. Excellent investment opportunity that actually cash flows!? This spacious duplex is tucked just behind Leopold Elementary school and just down the road from Aldo Leopold park which includes a community garden, pump track and some manicured nature paths! With shopping nearby and easy access to the Beltline and bus routes, this property has great rental demand!

10 days

1,304

55

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 2
1/2 bathrooms: 2
Main level bedrooms: 2

Heating

Natural Gas, Forced Air

Features

Basement: Full,Exposed,Partially Finished
Has fireplace: No

Interior area

Total structure area: 2,800
Total interior livable area: 2,800 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Car, Attached
Attached garage spaces: 1

Lot

Size: 0.25 Acres

Details

Parcel number: 060903203052
Zoning: Res

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Duplex

Materials

Aluminum/Steel

Condition

21+ Years
New construction: No
Year built: 1980

Utilities & green energy

Electric: Separate Electric Meters
Sewer: Public Sewer
Water: Public
Utilities for property: Separate Electric Meters, Separate Gas Meters

Community & HOA

Location

Region: Madison
Municipality: Madison

Financial & listing details

Price per square foot: $170/sqft
Tax assessed value: $407,900
Annual tax amount: $6,481
Date on market: 3/26/2026
Inclusions: 2 Range/Ovens, 2 Refrigerators, 2 Dishwashers, 1 Washer, 1 Dryer
Exclusions: Tenants Personal Property

Estimated market value

$494,900

$470,000 - $520,000

$2,104/mo

Price history

Date	Event	Price
3/31/2026	Pending sale	$475,000$170/sqft
Source: WIREX MLS #2018285 Report a problem
3/26/2026	Listed for sale	$475,000$170/sqft
Source: WIREX MLS #2018285 Report a problem