505 Alan Dr, Mount Horeb, WI 53572
Property image
Property image
FOR SALE
0.32 ACRES

$1,275,000

Original price: $1,325,000
  • 8 Beds
  • 4 Baths
  • 3,200 sqft (on 0.32 acres)

505 Alan Dr, Mount Horeb, WI 53572

Est. Mortgage $8,530/mo*
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Home Highlights

Multi-Family
Built in 1976
0.32 acre lot
$398/sqft
10 Parking Spaces

Local Information

  • Map ViewExplore the area around 505 Alan Dr.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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. Unit 5-8 Rent=$4,935/mo
Last check for updates: about 10 hours ago
Listing courtesy of Ken Brenner
Stark Company, REALTORS
Source: SCWMLS, MLS#2017059

Home Details for 505 Alan Dr

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 3200 Square Feet
Appliances & Utilities
Utilities: Separate elec metersAppliances: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Range/Oven (Unit 4), Refrigerator (Unit 4), Water Softener OwnedLaundry: Common Area
Heating & Cooling
Heating: Other Fuel Type,Radiant,Individual Heat Control (Unit 1),Individual Heat Control (Unit 2),Individual Heat Control (Unit 3),Individual Heat Control (Unit 4)Has CoolingAir Conditioning: Air Conditioning (Unit 1),Air Conditioning (Unit 3),Air Conditioning (Unit 4)Has HeatingHeating Fuel: Other Fuel Type
Levels, Entrance, & Accessibility
Levels: Two

Exterior Features

Parking & Garage
Other Parking: OutsideNo CarportParking Spaces: 10Parking: 1 space
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1976
Property Type / Style
Property Type: Residential IncomeProperty Subtype: ApartmentStructure Type: Apartment buildingArchitecture: Apartment building
Building
Construction Materials: Brick
Property Information
Included in Sale: 8 Stoves, 8 Refrigerator/Freezers, 8 Air Conditioners, 1 Water Softener, 2 Coin-Operated Washers and Dryers.Parcel Number: 060612102553

Price & Status

Price
List Price: $1,275,000Price Per Sqft: $398

Location

Direction & Address
City: Mount Horeb
School Information
Elementary School: Mount HorebElementary School District: Mount HorebJr High / Middle School: Mount HorebJr High / Middle School District: Mount HorebHigh School: Mount HorebHigh School District: Mount Horeb

Agent Information

Listing Agent
Listing ID: 2017059

Building

Building Area
Building Area: 3200 Square Feet

Lot Information

Lot Area: 0.32 acres

Rental Terms, Policies & Fees

Are Units Furnished: NoneOwner Pays: Water/Sewer (Unit 1), Water/Sewer (Unit 2), Water/Sewer (Unit 3), Water/Sewer (Unit 4)

Miscellaneous

BasementMls Number: 2017059Attribution Contact: Pref: 608-345-9496

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Blue Mounds

At least 24 Trulia users voted on each feature.

  • 94 % Say yards are well-kept

  • 92 % Say streets are well-lit

  • 91 % Say it's dog friendly

  • 91 % Say people would walk alone at night

  • 84 % Say car is needed

  • 78 % Say it's walkable to restaurants

  • 77 % Say kids play outside

  • 76 % Say parking is easy

  • 75 % Say it's quiet

  • 73 % Say they plan to stay for at least 5 years

  • 72 % Say there are sidewalks

  • 69 % Say there's holiday spirit

  • 64 % Say there's wildlife

  • 62 % Say neighbors are friendly

  • 52 % Say there are community events

  • 45 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Svlennix
    "very good schools. many playgrounds and parks. but no dog park. great recreational department. small but good public pool. "
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  • Brittany R. K.
    "A friendly neighborhood with the smell of country air! It reminds me of my childhood. I can see cornfields from my home and kids running around on summer nights."
    0
    Flag
  • Kara C.
    "I have lived here for over 10 years. It’s a very nice town to live in. Very safe lots to do and close to the big city. "
    1
    Flag
  • rhusted
    "My family has lived in Blue Mounds for ten years. We find the neighbors to be top-notch, the community is clean and friendly, the village is safe and community involvement is good. With 3 parks nearby (Blue Mounds State Park, Brigham County Park, and Blue Mounds Village Park) the scenery is beautiful and it's easy to picnic or camp nearby. "
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  • zoe_nova
    "It's pretty and quiet, but no sidewalks, trafficked, town has no commerce, off the state bike trail. Recreation--how many times do you want to do a cave tour? Park on the road with no curb. "
    0
    Flag
  • Dolson217
    "Mount Horeb, most commonly referred to as "The Trollway" is a fantastic place to raise a family. It's a small village with a ton of personality. Lot's of community events (parades, festivals, etc) and an overall sense of community. The schools are terrific and so are the neighbors!"
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Market trends in Blue Mounds

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
29
2MoM

Home Value

Trulia Estimate
$1.23M
Since last month
Decreased$24K (-1.9%)
Since last year
Increased$34K (+2.8%)
Since last sale
Increased$423K (+52.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +16% in the last 10 years
MonthEstimated value
2026
September 2026$1.22M
August 2026$1.25M
July 2026$1.25M
June 2026$1.25M
May 2026$1.26M
April 2026$1.27M
March 2026$1.32M
February 2026$1.37M
January 2026$1.05M
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
809 Vista Ridge Dr #811, Mount Horeb, WI
1.03
Multi-Family Home
$670,000
07/22/26
6
5
3,300
311-313 Wilson St, Mount Horeb, WI
1.01
Multi-Family Home
$475,000
01/27/26
6
3.5
2,530
804 E Main St, Mount Horeb, WI
0.52
Multi-Family Home
$375,000
05/12/26
5
2
1,867
507-601 E Garfield St, Mount Horeb, WI
0.80
Multi-Family Home
$439,900
08/27/26
3
2
2,701
211-213 W Garfield St, Mount Horeb, WI
1.14
Multi-Family Home
$475,000
07/02/26
4
3
2,040
209-211 Buechner Dr, Mount Horeb, WI
1.15
Multi-Family Home
$480,000
07/02/26
4
3
1,944
105-107 W Garfield St, Mount Horeb, WI
1.06
Multi-Family Home
$455,000
04/10/26
4
3
2,036
803 Alaska Ave, Mount Horeb, WI
0.49
Multi-Family Home
$260,000
02/11/26
3
2
1,720
101-103 W Garfield St, Mount Horeb, WI
1.06
Multi-Family Home
$392,500
04/29/26
4
3
2,036
101-103 Ridge Dr, Mount Horeb, WI
0.84
Multi-Family Home
$307,500
10/10/25
2
2
1,280

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
509 Alan Dr, Mount Horeb, WI 53572
0.04
$562,600
7
4
2,815
Off Market
505 Alan, Cottage Grove, WI 53527
0.00
$1,044,400
8
4
3,200
Off Market
505 Michele St, Mount Horeb, WI 53572
0.07
$427,800
2
2
1,863
Off Market
519 Alan Dr, Mount Horeb, WI 53572
0.10
$449,500
2
2
1,305
Recently Sold
Lot 3 Manor Dr, Mount Horeb, WI 53572
0.11
-
-
-
-
Off Market
517 Alan Dr, Mount Horeb, WI 53572
0.11
$467,000
2
2
1,305
Recently Sold
501 Michele St, Mount Horeb, WI 53572
0.08
$369,000
3
2
1,206
Off Market
504 Johns St, Mount Horeb, WI 53572
0.11
$462,600
3
2.5
1,806
Off Market
512 Brian St, Mount Horeb, WI 53572
0.13
$429,500
3
2.5
1,890
Off Market
501 Johns St, Mount Horeb, WI 53572
0.13
$429,000
3
2
1,882
Recently Sold
515 Brian St, Mount Horeb, WI 53572
0.16
$437,200
3
3
2,359
Off Market

Price and Tax history

DateEventPrice
Sep 4, 2026
Source: SCWMLS #2017059
PriceChange
$1,275,000
Price decreased by 4%
Apr 6, 2026
Source: WIREX MLS #2017059
PriceChange
$1,325,000
Price decreased by 4%
Feb 23, 2026
Source: WIREX MLS #2017059
PriceChange
$1,375,000
Price increased by 25%
Apr 24, 2023
Source: WIREX MLS #1950767
Pending
$1,100,000
Mar 15, 2023
Source: WIREX MLS #1950767
Contingent
$1,100,000

LGBTQ Local Legal Protections

Ken Brenner, Stark Company, REALTORS

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Frequently asked questions about 505 Alan Dr

  • What is the estimated monthly payment for 505 Alan Dr?
    Based on a $1,275,000 list price with 20% down at today's rates, the estimated monthly payment for 505 Alan Dr in Mount Horeb, WI is approximately $8,616 (about $6,968 principal & interest, $1,573 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Mount Horeb?
    Residents describe Mount Horeb, WI as well-kept, dog-friendly, and walkable to restaurants. See homes for sale in Mount Horeb, WI.
  • What are the closest schools to 505 Alan Dr?
    The closest schools to 505 Alan Dr in Mount Horeb, WI are Early Learning Center (Pre-K/Elementary), Mount Horeb High School (rated 8/10), Mount Horeb Intermediate School (Elementary, rated 8/10).
  • What is 505 Alan Dr estimated to be worth?
    Trulia's estimated value for 505 Alan Dr in Mount Horeb, WI is $1,225,900.
  • Does 505 Alan Dr have air conditioning?
    Yes, 505 Alan Dr in Mount Horeb, WI has air conditioning.
  • Does 505 Alan Dr have laundry facilities?
    Yes, 505 Alan Dr in Mount Horeb, WI has laundry facilities.
505 Alan Dr, Mount Horeb, WI 53572 is a 8 bedroom, 4 bathroom, 3,200 sqft multi-family built in 1976. This property is currently available for sale and was listed by SCWMLS. The MLS # for this home is MLS# 2017059.