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Four-Unit Quadplex with Shop
For Sale
Under Contract
$550,000

N700 Kaddatz Drive, Watertown, WI 53098

Multi Family, Watertown, WI

Property SizeContact for details
Lot Size7.68 Acres
Days on Market79

Property Features for N700 Kaddatz Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RES
Bedrooms 6
Bathrooms 5
Full bathrooms 4
Half bathrooms 1
Rooms Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 5, Bathroom 5, Bedroom 6, Bedroom 4
Appliances 4
Elementary school Call School District
Middle school Riverside
High school Watertown
Elementary school district Watertown
Middle school district Watertown
High school district Watertown
Directions Hwy 26 north across 16/26 bypass to Kaddatz Dr (1st right up hill to property). N700 Kaddatz Drive, Emmet, WI 53098.
Subdivision EMMET - T
Standard status Active Under Contract
APN 01609152914004
Lot size 7.68 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6086

Utilities

Heating system Forced Air

Building Details

Year built 1957
Floors in Building 1
Number of units 4
Listing Agency: EXP Realty, LLC
Listed By: Ferraro Real Estate Team
Added: Jul 11 Changed: Sep 23 Last Checked: Sep 27 at 10:06AM
MLS# 2027138

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 four-unit residential property occupies 7.68 acres and includes a detached shop in addition to the main building. The shop is heated and has a newer roof, while the property also provides ample outdoor parking. Forced-air heating serves the residential building, which was constructed in 1957.

Unit 704 has updated windows and flooring, along with a new furnace, AC, and H02 heater. The property is arranged across two parcels, and the detached shop is currently rented. Tenants pay the major utility expenses, providing a defined operating arrangement for the residential units.

Key Highlights

  • Four‑unit residential property on 7.68 acres
  • Detached shop is rented, heated, and has a newer roof
  • Unit 704 includes updated windows and flooring

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Spa & Massage Center

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 53098, WI

11,562
Population
4,753
Households
2.4
Avg Household Size
47
Median Age
17%
College-Educated
93%
High-School Grad
101.6 sq mi
ZIP Area
114
Density / Sq Mi
$73,147
Median Household Income
$36,156
Median Earnings
$1,100
Median Rent
$239,700
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?
Quadplex - The property combines residential income space with a detached shop and outdoor parking.
Where is this quadplex located?
The property is located at N700 Kaddatz Drive Watertown, WI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four‑unit residential property on 7.68 acres; Detached shop is rented, heated, and has a newer roof; Unit 704 includes updated windows and flooring
More about this property
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