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8-Unit Apartment Building
For Sale
Under Contract
$1,295,000

601 E Oak Street, Cottage Grove, WI 53527

Multi Family, Cottage Grove, WI

Property SizeContact for details
Lot Size0.48 Acres
Days on Market26

Property Features for 601 E Oak Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Comm
Parking features Garage
Appliances 8
Elementary school Taylor Prairie
Middle school Glacial Drumlin
High school Monona Grove
Elementary school district Monona Grove
Middle school district Monona Grove
High school district Monona Grove
Directions Cottage Grove Road to Oak Street
Subdivision COTTAGE GROVE - V
Standard status Active Under Contract
APN 0711-091-4001-5
Lot size 0.48 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13266

Utilities

Heating system Radiant

Amenities

in-unit laundry
private entrance
vaulted ceilings
private decks
additional storage
patios
overflow closets

Building Details

Year built 1986
Floors in Building 2
Number of units 8
Listing Agency: EXP Realty, LLC
Listed By: Alan Mikkelson · License #5564290
Added: Sep 2 Changed: Sep 23 Last Checked: Sep 27 at 9:06AM
MLS# 2031855

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 1986 on a 0.48-acre parcel, this apartment property contains eight units with private entrances, in-unit laundry, a one-car garage, and additional off-street parking for each residence. Heating is provided by radiant systems. Upper-level apartments include vaulted ceilings, private decks, and extra storage, while lower-level residences offer patios and overflow closets.

Several apartments have received updates including LVP flooring, carpet, light fixtures, and select bathroom vanities. The main building roof was replaced in 2021. The property is located at 601 E Oak Street in Cottage Grove, within Dane County, with zoning identified as Comm. Cottage Grove amenities and Madison access are noted as part of the surrounding location context.

Key Highlights

  • 8‑unit apartment property on 0.48 acres
  • Each unit includes a private entrance, in‑unit laundry, 1‑car garage, and additional off‑street parking
  • Upper units feature vaulted ceilings, private decks, and additional storage

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Hair Salon Dental Office HVAC Service Pharmacy Bakery

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

184
Businesses Nearby

Demographics for 53527, WI

10,994
Population
4,732
Households
2.3
Avg Household Size
40
Median Age
48%
College-Educated
99%
High-School Grad
35.8 sq mi
ZIP Area
307
Density / Sq Mi
$119,808
Median Household Income
$60,027
Median Earnings
$1,531
Median Rent
$402,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Apartments feature private entrances, in-unit laundry, one-car garages, and additional off-street parking.
Where is this apartment building located?
The property is located at 601 E Oak Street Cottage Grove, WI.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 8‑unit apartment property on 0.48 acres; Each unit includes a private entrance, in‑unit laundry, 1‑car garage, and additional off‑street parking; Upper units feature vaulted ceilings, private decks, and additional storage
More about this property
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