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8-Unit Apartment Building
New
For Sale
$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 Market2

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
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

vaulted ceilings
private decks
additional storage
patios
overflow closets
private entrance
in-unit laundry
garage
off-street parking

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 3 Last Checked: Sep 3 at 3:06PM
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, this 8-unit apartment property sits on 0.48 acres at 601 E Oak Street in Cottage Grove, Wisconsin. The building includes a mix of upper and lower residences, with select units refreshed through updated LVP flooring, carpet, light fixtures, and newer bath vanities. Upper-level homes feature vaulted ceilings, private decks, and added storage, while lower-level homes offer patios and overflow closets.

Each residence has its own entrance, in-unit laundry, and a 1-car garage, with additional off-street parking also available. The main building roof was replaced in 2021. Radiant heating serves the property, which carries Comm zoning and is located in Dane County near Madison.

Key Highlights

  • 8‑unit apartment property on 0.48 acres
  • Every unit includes a private entrance and in‑unit laundry
  • Each residence has a 1‑car garage plus additional off‑street parking

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

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 - Updated interiors, private entries, in-unit laundry, garages, and outdoor spaces support a well-defined multifamily configuration.
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; Every unit includes a private entrance and in‑unit laundry; Each residence has a 1‑car garage plus additional off‑street parking
More about this property
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