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Sold for $880,000
  • $880,000

    1521 Trailsway, Madison, WI 53704

    8beds
    3,800sqft
    Multi Family
    Built in 1961
    -- sqft lot
    $931,900 Zestimate®
    $232/sqft
    $1,257 Estimated rent

    Home value

    $931,900

    Estimated sales range

    Not available

    $1,257/mo

    Zestimate® history
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    $1,257/mo

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    What's special

    SHOWING TO START 10/5th. Solid 8 unit, convenient to Madison Metro bus line, schools, Warner Park and shopping (Jenifer St. Market!). New roof, driveway & parking lot. Vinyl replacement windows. All units have balconies. 4 units overlook Warner Park. City is investing in major improvements to Warner Park. See associated docs for more info. Landlord pays heat & water/sewer. units pay their own electric (separately metered). 3 units currently vacant and in process of improvements. #5 $1,110/mo., #6 $1200/mo., #7 Vacant, #8 Vacant. Rents in this neighborhood average close to $1300/mo. for similarly-sized units. This property has strong potential for the motivated investor.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jim Schuessler,

    Stark Company, REALTORS

    Bought with:

    SCWMLS Non-Member

    South Central Non-Member

    Source: SCWMLS,MLS#: 1987148

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Radiant, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2), Individual Heat Control (Unit 3), Individual Heat Control (Unit 4)
    Cooling
    • Air Conditioning (Unit 1), Air Conditioning (Unit 2), Air Conditioning (Unit 3), Air Conditioning (Unit 4)
    Appliances
    • Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Range/Oven (Unit 4), Refrigerator (Unit 4), Water Softener Owned
    Features
    • Basement: Full,Sump Pump
    Interior area
    • Total structure area: 3,800
    • Total interior livable area: 3,800 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 space
    • Details: Outside
    Features
    • Levels: Two
    • Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2), Balcony/Patio (Unit 3), Balcony/Patio (Unit 4)
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: 080936402025
    • Zoning: SR-V1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Poured concrete foundatn
    Condition
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Separate elec meters, Internet - Cable

    Community & neighborhood

    Location
    • Region: Madison
    • Subdivision: Brentwood

    HOA & financial

    Other financial information
    • Total actual rent: 36720

    Other

    Other facts
    • Listing terms: Arms Length

    Price history

    DateEventPrice
    5/27/2026Listing removed$1,450
    Source: Zillow Rentals Report a problem
    4/29/2026Listed for rent$1,450+1.8%
    Source: Zillow Rentals Report a problem
    8/30/2025Listing removed$1,425
    Source: Zillow Rentals Report a problem
    7/25/2025Listed for rent$1,425
    Source: Zillow Rentals Report a problem
    12/6/2024Sold$880,000-9.7%$232/sqft
    Source: SCWMLS #1987148 Report a problem
    10/14/2024Contingent$975,000$257/sqft
    Source: WIREX MLS #1987148 Report a problem
    10/4/2024Listed for sale$975,000+18.2%$257/sqft
    Source: WIREX MLS #1987148 Report a problem
    6/19/2022Listing removed--
    Source: WIREX MLS #1906643 Report a problem
    6/18/2021Sold$825,000+3.1%$217/sqft
    Source: SCWMLS #1906643 Report a problem
    4/16/2021Listed for sale$800,000+35.2%$211/sqft
    Source: SCWMLS #1906643 Report a problem
    5/1/2019Sold$591,700$156/sqft
    Source: SCWMLS #1851767 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Brentwood Village

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Emerson
    • Middle: Sherman
    • High: East
    • District: Madison

    Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $931,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $931,900