Search
11-Unit Apartment Building
For Sale
$1,495,000

643 Meadow Lane, Burlington, WI 53105

Single-level apartments feature private entrances, in-unit laundry, and patios adjoining wooded park land.

Property Size30,056 SF
Price / SF$49.74
Days on Market606

Property Features for 643 Meadow Lane

General Information

Standard status Active
Size 30,056 SF
Property subtype Multi-Family / Multi-Family
Net Operating Income $107,729

Units

Unit Mix 9 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units 11

Amenities

in-unit laundry
private patios
Block, Crawl Space, Partial, Full, Yes
Wood, Brick

Building Details

Year Built 1986
Buildings 1
Construction brick
Listing Agency: Keller Williams Thrive-Caledonia
Listed By: Andrew Bollmeier · License #77244-94
Source: Compass
Added: Jan 1, 2025 Changed: Aug 27 Last Checked: Aug 29 at 4:11PM

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 Keller Williams Thrive-Caledonia

Investment Insights

Based on property information with market context.

This 11-unit apartment building contains nine one-bedroom, one-bath apartments and two two-bedroom, one-bath apartments within a 10,000-square-foot all-brick structure. Each residence is arranged on a single level with a private entrance and in-unit laundry. Many apartments have been updated, and private patios overlook wooded park land.

The property is located in Burlington near Brown's Lake, downtown, Gateway, and Burlington High School. Recent leasing activity includes rent increases in four units, while the property information also notes limited vacancy and additional room for rent growth in other units.

Key Highlights

  • 11 units: 9 one‑bedroom/one‑bath and 2 two‑bedroom/one‑bath apartments
  • 10,000‑square‑foot all‑brick apartment building
  • Single‑level layouts with private entrances

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Pharmacy Grocery & Convenience Store Restaurant Law Firm (Bike/Boat/Book/etc) Store

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

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

109
Businesses Nearby

Demographics for 53105, WI

29,654
Population
12,995
Households
2.3
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
159.5 sq mi
ZIP Area
186
Density / Sq Mi
$88,798
Median Household Income
$48,254
Median Earnings
$1,029
Median Rent
$295,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Single-level apartments feature private entrances, in-unit laundry, and patios adjoining wooded park land.
Where is this apartment building located?
The property is located at 643 Meadow Lane Burlington, WI.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 11 units: 9 one‑bedroom/one‑bath and 2 two‑bedroom/one‑bath apartments; 10,000‑square‑foot all‑brick apartment building; Single‑level layouts with private entrances
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message