- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
Street View
$1,275,000
Monthly Est:$6,346
-- Bed
-- Bath
--sqft
505 Alan Dr Dr, Mount Horeb, WI 53572
$1,275,000
$6,346/moEst:
Get Pre-Approved
Multi Family
Built in 1976
$-- HOA
13,939.2 sqft lot
--/sqft
Description
Well-maintained 8-unit brick apartment building with additional commercially zoned land included, offering future development or expansion potential. This property presents multiple value-add and long-term upside opportunities. The building itself is fully leased with year-to-year leases in place, providing immediate and stable cash flow. Recent capital improvements include a newer roof, updated mechanical systems, and a newer coin-operated laundry system for supplemental income. Each unit features separate electric meters, helping keep operating expenses efficient and transparent. Tenants benefit from basement storage units, adding everyday functionality and desirability. The property also offers a surface outdoor parking lot for convenient tenant parking. Solid brick construction, consistent rental history, and excess commercially zoned land make this a compelling opportunity for investors seeking income today with flexibility for future growth. Unit 5-8 Rent=$4,935/mo
- Houzeo last checked: 9 hours ago
- Listing updated: September 4, 2026 at 2:42 pm
- Listing Provided by: Ken Brenner (608) 345-9496 | Stark Company, REALTORS (608) 256-9011
- Source: WIREX | MLS#: 2017059
- Originating MLS: South Central Wisconsin MLS
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1976
HOA Fees
-
Finished Area
- sqft
Lot Size
13,939.2 sqft lot
Basement Area
- sqft
MLS Name
WIREX
MLS Number
2017059
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
Other
Cooling
Other
Price History
| Date | Event | Price |
|---|---|---|
02/23/2026 Source: | Listed for Sale | $1,375,000 +7.84% $0/sqft |
02/23/2026 Source: | Price Decreased | $1,275,000 -7.27% $0/sqft |
02/23/2026 Source: | Price Increased | $1,375,000 +3.77% $0/sqft |
02/23/2026 Source: | Price Increased | $1,325,000 +65.65% $0/sqft |
11/01/2021 Source: #1919960 | Sold | $799,900 -0.01% $0/sqft |
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Based on information received from WIRES/RANW MLS through Oct 22, 2026, 03:45PM. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Houzeo nor RANW MLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. ©2026 RANW MLS, Inc. All rights reserved.
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