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Renovated Multifamily Half-Duplex
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2939 Traceway Dr, Madison, WI 53713

Updated half-duplex with private outdoor space, modern finishes, and convenient access to schools, parks, and city bus lines.

Property Size1,480 SF
Price / SF$1.62
Days on Market21

Property Features for 2939 Traceway Dr

General Information

Standard status Active
Size 1,480 SF
Property subtype Multi-Family
Listing Agency: OnePlus Realty Team
Listed By: Christine Shan · License #5277590
Source: Madisonareahomesforsale
Added: Aug 10 Changed: Aug 28 Last Checked: Aug 29 at 10:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of OnePlus Realty Team

Investment Insights

Based on property information with market context.

This renovated multifamily property is configured as a half-duplex with 1,480 square feet, 5 bedrooms, and 2 full bathrooms. Interior improvements include hardwood flooring, stainless steel appliances, and updated bathroom vanities. The residence also includes a large fully fenced private backyard and a back deck.

Located at 2939 Traceway Dr in Madison, the property is within walking distance of Leopold Elementary School and local parks, with city bus lines readily accessible. Immediate occupancy is available. Utilities are the tenant’s responsibility.

Key Highlights

  • 5‑bedroom, 2‑full‑bath half‑duplex
  • 1,480 SF multifamily property
  • Recently renovated with hardwood flooring

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Barber Shop HVAC Service Locksmith Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,114
Businesses Nearby

Demographics for 53713, WI

23,291
Population
11,635
Households
2
Avg Household Size
32
Median Age
39%
College-Educated
86%
High-School Grad
9.8 sq mi
ZIP Area
2,377
Density / Sq Mi
$57,833
Median Household Income
$36,998
Median Earnings
$1,173
Median Rent
$259,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Updated half-duplex with private outdoor space, modern finishes, and convenient access to schools, parks, and city bus lines.
Where is this multifamily property located?
The property is located at 2939 Traceway Dr Madison, WI.
What are key features of this property?
This property features: 5‑bedroom, 2‑full‑bath half‑duplex; 1,480 SF multifamily property; Recently renovated with hardwood flooring
More about this property
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