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    8-Unit Brick Apartment Building Title is generated by Realmo AI

    505 Alan Drive, Mount Horeb, WI 53572

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    Claim this Listing
    For Sale
    $1,325,000

    MULTI_FAMILY - Mount Horeb, WI

    Lot size:
    0.32 Acres
    Added:
    Apr 15, 2026
    Days on Market:
    68
    Last Refresh:
    Jun 21 at 9:06 am

    Property Features for 505 Alan Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R3
    Appliances
    8
    Standard status
    Active
    APN
    0606-121-0255-3
    Lot size
    0.32 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    14286

    Utilities

    Heating system
    Radiant

    Building Details

    Year built
    1976
    Floors in Building
    2
    Number of units
    8

    We can help!

    Listing Contact
    Ken Brenner
    Ken Brenner

    Listing agent Ken Brenner

    Listing office Stark Company, REALTORS 2980 Arapaho Dr, Madison, WI

    Listing date Apr 15, 2026

    MLS# 2017059 Listing URL

    Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Well‑maintained 8‑unit brick apartment building built in 1976
    • Building is fully leased with year‑to‑year leases in place
    • Recent improvements include a newer roof, updated mechanical systems, and a newer coin‑operated laundry system
    • Each unit has a separate electric meter for efficient, transparent utilities
    • Tenants have basement storage units, plus a surface outdoor parking lot for parking

    Overview

    This well-maintained brick apartment building contains eight units and is fully leased with year-to-year leases in place. The property’s operating setup includes separate electric meters for each unit, supporting efficient and easier-to-track utilities. Building improvements include a newer roof, updated mechanical systems, and a newer coin-operated laundry system that provides supplemental income. Tenants also have access to basement storage units, and there is a surface outdoor parking lot for convenient parking.

    The property is located at 505 Alan Drive in Mount Horeb, Wisconsin, and it is listed with additional commercially zoned land included in the offering. The existing zoning is R3. Lot size is shown as 0.32 acres.

    For investors or operators looking for current rental income, this asset provides an occupied, brick-constructed multifamily structure with recent capital updates already completed. For buyers who want flexibility beyond the building, the included commercially zoned land offers the opportunity to evaluate future development or expansion options in addition to existing tenancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Horeb
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.725281
    Latitude
    43.015658

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    FAQs

    What type of property is this?
    Apartment building - Fully leased 8-unit brick building with separate electric meters, updated systems, laundry, storage, and on-site parking.
    Where is this apartment building located?
    The property is located at 505 Alan Drive Mount Horeb, WI.
    What is the asking price?
    The asking price for this property is $1,325,000.
    What are key features of this property?
    This property features: Well‑maintained 8‑unit brick apartment building built in 1976; Building is fully leased with year‑to‑year leases in place; Recent improvements include a newer roof, updated mechanical systems, and a newer coin‑operated laundry system
    (608) 345-9496
    We can help!
    Listing Contact
    Ken Brenner
    Ken Brenner
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