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For sale
  • $2,800,000

    4868-4882 Innovation Drive, Deforest, WI 53532

    --beds
    --baths
    --sqft
    : 
    Multi Family, Apartment
    Built in 2015
    -- sqft lot
    $2,694,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Rare investment opportunity! Custom designed two 4 unit townhome buildings offers spacious apartment homes with 3 bdrms, 2 1/2 baths, 1850 sq ft of living space, covered porches, in unit laundry & attached two car garages! Open floor plan w/ foyer entry, spacious living rooms, 1st flr powder room & 9ft ceilings. Large kitchens offering SS appliances, dishwashers, microwaves & laminate wood flooring. 2nd floor boasts 3 bdrms with the primary suite offering walk-in closets & bath w/dual vanities, spacious laundry room, great closet space & hall nook. Superior construction; studded air gap between units (sound barrier), tenants pay all utilities & have separate metering making it easy to convert to condos in the future. Great locale w/ conservancy park across the street & greenspace in back!
    52 days
    on Zillow
    |
    211
    |
    7
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 16, 2025 at 08:12pm

    Listed by:

    Liz Lauer 608-444-5725,

    Lauer Realty Group, Inc.

    Source: WIREX MLS,MLS#: 2001893MLS LogoOriginating MLS: South Central Wisconsin MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 4868-4882 Innovation Drive.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Heating
    • Natural Gas, Forced Air
    Appliances
    • Included: Water Softener
    Features
    • Windows: Low Emissivity Windows
    • Basement: None / Slab
    • Has fireplace: No
    Video & virtual tour

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 Car, Attached, Garage Door Opener
    • Attached garage spaces: 2
    Lot
    • Size: 1.07 Acres
    Details
    • Parcel number: 091030280601
    • Zoning: PUD

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Vinyl Siding, Brick
    Condition
    • 6-10 Years
    • New construction: No
    • Year built: 2015

    Utilities & green energy

    • Electric: Separate Electric Meters
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Separate Electric Meters, Separate Gas Meters

    Community & HOA

    Community
    • Subdivision: Conservancy Place
    Location
    • Region: Deforest
    • Municipality: Deforest

    Financial & listing details

    • Tax assessed value: $1,364,300
    • Annual tax amount: $22,660
    • Date on market: 6/11/2025
    • Listing agreement: Exclusive Agency
    • Inclusions: See Add R
    • Exclusions: Sellers Personal Property
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