# 505 Alan Drive, Mount Horeb, WI 53572

> **TL;DR:** 8bd/0ba residential multi family, $1,325,000, built 1976.
> Basement. Est. $5,742/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,325,000 |
| Bedrooms | 8 |
| Year Built | 1976 |
| Lot Size | 13,939 sqft (0.32 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,742 |
| **Total** | **$5,742** |

## Nearby Schools

- **Elementary:** Mount Horeb
- **Middle:** Mount Horeb
- **High:** Mount Horeb

## Key Amenities

- Basement

## Property Highlights

- Built in 1976
- 0.32 acre lot
- 2 stories
- 4 parking spaces

## Description

### Agent Description
Well-maintained 8-unit brick apartment building with additional commercially zoned land included, offering future development or expansion potential. This property presents multiple value-add and long-term upside opportunities. The building itself is fully leased with year-to-year leases in place, providing immediate and stable cash flow. Recent capital improvements include a newer roof, updated mechanical systems, and a newer coin-operated laundry system for supplemental income. Each unit features separate electric meters, helping keep operating expenses efficient and transparent. Tenants benefit from basement storage units, adding everyday functionality and desirability. The property also offers a surface outdoor parking lot for convenient tenant parking. Solid brick construction, consistent rental history, and excess commercially zoned land make this a compelling opportunity for investors seeking income today with flexibility for future growth..

## Location

- **Address:** 505 Alan Drive, Mount Horeb, WI 53572
- **County:** Dane
- **Coordinates:** 43.015658, -89.725281
- **Google Maps:** https://www.google.com/maps?q=43.015658,-89.725281

## Listing Agent

- **Name:** Ken Brenner
- **Brokerage:** Stark Company, REALTORS
- **Phone:** 6083459496
- **Email:** kbrenner@starkhomes.com

## Primary Photo

![505 Alan Drive - Primary Photo](http://lh.rdcpix.com/b16df55ddd532ed3d56e02d81159dc5fl-f1264297468r.jpg)

*36 total photos available on [listing page](https://www.propertysimple.com/listing/505-alan-drive-mount-horeb-wi-53572-2017059)*

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**MLS#:** 2017059 | **Updated:** 2026-06-17
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/505-alan-drive-mount-horeb-wi-53572-2017059)

---

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