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!
Sold
$483,000
2938-2940 Traceway Dr, Madison, WI 53713
6beds
2,800sqft
Duplex
Built in 1980
-- sqft lot
$483,500 Zestimate®
$173/sqft
$2,278 Estimated rent
Home value
$483,500
$454,000 - $513,000
$2,278/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Andrew Genin,
Realty Executives Cooper Spransy
Bought with:
Christine Shan, 52775-90
OnePlus Realty Team
Source: SCWMLS,MLS#: 2018285
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Natural Gas, Forced Air
Cooling
- Air Conditioning (Unit 1), Air Conditioning (Unit 2)
Appliances
- Included: Dishwasher (Unit 1), Range/Oven (Unit 1), Refrigerator (Unit 1), Dishwasher (Unit 2), Range/Oven (Unit 2), Refrigerator (Unit 2), Washer/Dryer (Unit 2)
- Laundry: In Unit (Unit 1), In Unit (Unit 2)
Features
- Eat In Kitchen (Unit 1), Family/Rec Room (Unit 1), Fireplace (Unit 1), Private basement, Eat In Kitchen (Unit 2), Family/Rec Room (Unit 2), Fireplace (Unit 2)
- Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2)
- Basement: Full,Full size windows/Exposed,Partially Finished
- Number of fireplaces: 2
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
Property
Parking
- Total spaces: 1
- Parking features: 1 stall garage, Attached
- Attached garage spaces: 2
Features
- Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2)
Lot
- Size: 0.25 Acres
- Features: Near Public Transit
Details
- Parcel number: 060903203052
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Aluminum Siding
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate elec meters, Separate gas meters, Separate water meters, Internet - Cable
Community & HOA
Location
- Region: Madison
Financial & listing details
- Price per square foot: $173/sqft
- Tax assessed value: $407,900
- Annual tax amount: $6,481
- Date on market: 3/26/2026
- Listing terms: Arms Length
- Inclusions: 2 range/ovens, 2 refrigerators, 2 dishwashers, 1 washer, 1 dryer
- Exclusions: Tenants personal property
- Total actual rent: 42720
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Sold | $483,000+1.7%$173/sqft |
Source: SCWMLS #2018285 Report a problem | ||
| 3/31/2026 | Pending sale | $475,000$170/sqft |
Source:  WIREX MLS #2018285 Report a problem | ||
| 3/26/2026 | Listed for sale | $475,000+146.8%$170/sqft |
Source: WIREX MLS #2018285 Report a problem | ||
| 8/15/2016 | Sold | $192,500$69/sqft |
Source: SCWMLS #1781076 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Leopold
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Nearby schools
GreatSchools rating
- 3/10Leopold Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10Cherokee Heights Middle SchoolGrades: 6-8Distance: 1.8 mi
- 9/10West High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Leopold
- Middle: Cherokee Heights
- High: West
- 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
$483,500
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
$483,500
- Wisconsin
- Dane County
- Madison
- 53713
- Leopold
- 2938-2940 Traceway Dr
