200 & 204 W Main St Waunakee, WI 53597
Estimated payment $4,824/month
Highlights
- Main Floor Bedroom
- Den
- Accessible Approach with Ramp
- Waunakee Heritage Elementary School Rated A-
- Eat-In Kitchen
- Bathroom on Main Level
About This Home
Pro Forma NOI of $73,497 and 9.8% Cap Rate based on $90,118 in Projected Annual Gross Rent. This standout mixed-use property features two adjoining buildings with updated apartment units above and flexible commercial suites below. The 200 Building apartments have seen numerous upgrades, including new flooring, blinds, paint, countertops, and more. The freshly cleaned commercial spaces in the 204 Building offer excellent street visibility, ideal for retail, service, or even a restaurant concept. With a recently replaced asphalt parking lot, improved landscaping, new garage door, & main gas line upgrades, this property is well-positioned for both owner-occupants and investors seeking immediate income and long-term upside. This is a rare opportunity to own a core piece of downtown Waunakee!
Listing Agent
Realty Executives Cooper Spransy Brokerage Email: JohnDavid@MattWinz.com License #83477-94 Listed on: 08/05/2025
Co-Listing Agent
Realty Executives Cooper Spransy Brokerage Email: JohnDavid@MattWinz.com
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,187
Year Built
- Built in 1910
Lot Details
- 0.25 Acre Lot
- Level Lot
Home Design
- Wood Siding
- Stucco Exterior
Interior Spaces
- 2-Story Property
- Den
Kitchen
- Eat-In Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- Main Floor Bedroom
- Bathroom on Main Level
Laundry
- Laundry in unit
- Washer and Dryer
Basement
- Partial Basement
- Sump Pump
- Crawl Space
Parking
- 11 Open Parking Spaces
- 3 Covered Spaces
- Driveway Level
- Outside Parking
Schools
- Heritage Elementary School
- Waunakee Middle School
- Waunakee High School
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
- Individual Controls for Heating
- High Speed Internet
- Internet Available
Additional Features
- Accessible Approach with Ramp
- Property is near a bus stop
Community Details
- 6 Units
- Downtown Historic Commercial District Subdivision
Listing and Financial Details
- Assessor Parcel Number 0809-082-2056-8
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,187 | $577,900 | $145,500 | $432,400 |
| 2023 | $9,487 | $577,900 | $145,500 | $432,400 |
| 2021 | $8,485 | $413,500 | $125,500 | $288,000 |
| 2020 | $8,013 | $413,500 | $125,500 | $288,000 |
| 2019 | $8,006 | $413,500 | $125,500 | $288,000 |
| 2018 | $8,867 | $375,000 | $111,000 | $264,000 |
| 2017 | $8,088 | $375,000 | $111,000 | $264,000 |
| 2016 | $8,182 | $375,000 | $111,000 | $264,000 |
| 2015 | $7,827 | $375,000 | $111,000 | $264,000 |
| 2014 | $7,647 | $375,000 | $111,000 | $264,000 |
| 2013 | $7,656 | $375,000 | $111,000 | $264,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | For Sale | $749,900 | 0.0% | $97 / Sq Ft |
| 08/05/2025 08/05/25 | Off Market | $749,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $562,500 | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $310,720 | New Conventional |
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 2005994
APN: 0809-082-2056-8
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