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Triplex With Detached Garage
For Sale
$625,000

5604 Bjelde Lane, Monona, WI 53716

MULTI_FAMILY - Monona, WI

Property SizeContact for details
Lot Size0.23 Acres
Days on Market41

Property Features for 5604 Bjelde Lane

General Information

Property type Residential Multi Family
Property subtype Other
Zoning G1
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 3
Parking features Open, Garage
Appliances 3
Elementary school Winnequah
Middle school Glacial Drumlin
High school Monona Grove
Elementary school district Monona Grove
Middle school district Monona Grove
High school district Monona Grove
Directions North on Monona Drive to East on Tompkins to South on Bjelde
Subdivision MONONA - C
Standard status Active
APN 0710-212-4684-5
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8077

Utilities

Heating system Forced Air

Amenities

coin-operated washer and dryer
bluetooth speaker/fan

Building Details

Year built 1960
Floors in Building 2
Number of units 3
Listing Agency: Lauer Realty Group, Inc.
Listed By: Liz Lauer · License #9056139
Added: Jun 26 Changed: Aug 5 Last Checked: Aug 5 at 4:06PM
MLS# 2018910

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.

This three-unit apartment property includes a three-bedroom first-floor residence with a refreshed kitchen featuring stainless steel appliances, a dishwasher, tile backsplash, LVP flooring, air conditioning, and an updated bathroom. The second- and third-floor apartments have remodeled kitchens and baths, new LVP flooring, wall-mounted A/C units, and bathroom Bluetooth speaker/fans. New water heaters serve Units 2 and 3.

A shared basement provides coin-operated laundry equipment along with additional hobbyist or shop space. Electric and gas service are separately metered for each unit. The property also includes a 4-car detached garage with openers, a roof replaced in 2021, and forced-air heating. Built in 1960, the triplex sits on 0.23 acres and is zoned G1. Leases are on file.

Key Highlights

  • Three‑unit apartment building with a three‑bedroom first‑floor unit
  • Units 2 and 3 received kitchen and bath remodels in '25
  • New water heaters and wall A/C units in Units 2 and 3 in '24

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store Butcher

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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

616
Businesses Nearby

Demographics for 53716, WI

19,105
Population
8,668
Households
2.2
Avg Household Size
43
Median Age
51%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
3,033
Density / Sq Mi
$89,225
Median Household Income
$52,338
Median Earnings
$1,264
Median Rent
$325,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Owner-occupant or income property with separate utility metering and garage storage.
Where is this triplex located?
The property is located at 5604 Bjelde Lane Monona, WI.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Three‑unit apartment building with a three‑bedroom first‑floor unit; Units 2 and 3 received kitchen and bath remodels in '25; New water heaters and wall A/C units in Units 2 and 3 in '24
More about this property
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