8-Unit Brick Apartment
For Sale
$1,275,000
505 Alan Drive, Mount Horeb, WI 53572
Multi Family, Mount Horeb, WI
Property SizeContact for details
Lot Size0.32 Acres
Days on Market99
Property Features for 505 Alan Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Appliances
8
Elementary school
Mount Horeb
Middle school
Mount Horeb
High school
Mount Horeb
Elementary school district
Mount Horeb
Middle school district
Mount Horeb
High school district
Mount Horeb
Directions
Hwy 18/151 to Springdale St, right on 78 North, right on Durtschi Dr, left on Alan Dr
Subdivision
MOUNT HOREB - V
Standard status
Active
APN
0606-121-0255-3
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
15234
Utilities
Heating system
Radiant
Amenities
coin-operated laundry system
basement storage units
surface outdoor parking lot
Building Details
Year built
1976
Floors in Building
2
Number of units
8
Listing Agency:
Stark Company, REALTORS
(608) 256-9011
Listed By:
Ken Brenner · License #5907390
(608) 345-9496
Added: Jul 8
Changed: Oct 7
Last Checked: Oct 14 at 4:06AM
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.
Investment Insights
Based on property information with market context.
Built in 1976, this 8-unit brick apartment property is fully leased under year-to-year agreements. The building has radiant heat, separate electric meters for each apartment, basement storage, and an outdoor parking lot. A coin-operated laundry system, roof, and mechanical systems have been updated or replaced in recent years. Additional land is included with the property.
The parcel covers 0.32 acres. The combination of occupied apartments and included land forms the principal physical components of the offering.
The parcel covers 0.32 acres. The combination of occupied apartments and included land forms the principal physical components of the offering.
Key Highlights
- Eight brick apartments, all leased on year‑to‑year agreements
- 0.32‑acre parcel with additional land included
- Radiant heating and separate electric meters for each apartment
Property Analytics
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Current Use
Lease Details
8
Residential units
100%
Occupancy
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
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased apartments include basement storage, individual electric meters, and outdoor tenant 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 $1,275,000.
What are key features of this property?
This property features: Eight brick apartments, all leased on year‑to‑year agreements; 0.32‑acre parcel with additional land included; Radiant heating and separate electric meters for each apartment
