8-Unit Brick Apartment
505 Alan Drive, Mount Horeb, WI 53572
For Sale
$1,275,000
Multi Family, Mount Horeb, WI
Property SizeContact for details
Lot Size0.32 Acres
Days on Market126
Property Features for 505 Alan Drive
General Information
Property type
Property subtype
Zoning
Appliances
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Amenities
coin-operated laundry
basement storage units
surface outdoor parking lot
Building Details
Year built
Floors in Building
Number of units
Buildings
Listing Agency:
Stark Company, REALTORS
(608) 256-9011
Listed By:
Ken Brenner · License WI #5907390
(608) 345-9496
Added: Jul 8
Changed: Nov 4
Last Checked: Nov 10 at 1:06AM
MLS# 2017059
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.
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Investment Insights
Based on property information with market context.
The 8-unit apartment building at 505 Alan Drive is constructed of brick and was built in 1976. Units have individual electric meters, while basement storage and a coin-operated laundry system serve residents. Radiant heat is listed for the property, and outdoor surface parking is available.
The 0.32-acre property includes land with commercial zoning in addition to the R3-zoned apartment site. The building is fully leased under year-to-year agreements, with recent work including a newer roof and updated mechanical systems.
The 0.32-acre property includes land with commercial zoning in addition to the R3-zoned apartment site. The building is fully leased under year-to-year agreements, with recent work including a newer roof and updated mechanical systems.
Key Highlights
- 8‑unit brick apartment building constructed in 1976
- 0.32‑acre property includes additional commercially zoned land
- Fully leased with year‑to‑year leases
Property Analytics
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Lease Details
8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
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Business Placement
Demographics for 53572, WI
10,549
Population
4,032
Households
2.6
Avg Household Size
41
Median Age
47%
College-Educated
97%
High-School Grad
99.1 sq mi
ZIP Area
106
Density / Sq Mi
$104,604
Median Household Income
$55,945
Median Earnings
$1,243
Median Rent
$381,900
Median Home Value
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Market
Properties on Market for Apartment buildings in Dane County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - R3-zoned property includes additional commercially zoned land alongside the residential building.
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 $1,275,000.
What are key features of this property?
This property features: 8‑unit brick apartment building constructed in 1976; 0.32‑acre property includes additional commercially zoned land; Fully leased with year‑to‑year leases
