$2,800,000

4868 Innovation Dr de Forest, WI 53532

Estimated payment $17,352/month

Total Views 6,167
-- Bed
-- Bath
7,400 Sq Ft
$378 Price per Sq Ft

Highlights

  • 1.07 Acre Lot
  • Open Floorplan
  • Balcony
  • Windsor Elementary School Rated A-
  • Wood Flooring
  • 1-minute walk to Conservancy Commons Park

About This Home

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!

Listing Agent

Liz Lauer

Lauer Realty Group, Inc. License #56139-90 Listed on: 06/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,660

Year Built

  • Built in 2015

Lot Details

  • 1.07 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • Open Floorplan
  • Low Emissivity Windows
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Garage
  • Garage Door Opener
  • Driveway Level

Schools

  • Eagle Point Elementary School
  • Deforest Middle School
  • Deforest High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • Water Softener is Owned
  • High Speed Internet
  • Internet Available

Additional Features

  • Ramped or Level from Garage
  • Balcony

Community Details

  • 8 Units
  • Conservancy Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0910-302-8060-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,660

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Municipality: Deforest
  • Status Detail: Active
  • Mailing City: Deforest
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, Townhouse style units
  • Items Excluded: Sellers Personal Property
  • Items Included: See Add R
  • Miscellaneous: Water Softener Owned, Internet - Cable, Internet -Fiber Available
  • Year Built: 2015
  • Reso Accessibility Features: Open floor plan, Ramped or lvl from garage, Level drive, Level lot
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 8
  • Number Dryers: 8
  • Number Furnaces: 8
  • Number Refrigerators: 8
  • Number Stoves: 8
  • Number Units W Ac: 8
  • Number Washers: 8
  • Number Water Heaters: 8
  • Number Water Softeners: 8

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 16

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached, Opener inc
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

  • School District: DeForest
  • Elementary School: Eagle Point
  • Middle School: DeForest
  • High School: DeForest
  • Elementary School: Eagle Point
  • High School: DeForest
  • Middle School: DeForest
  • School District: DeForest

Lot Info

  • Estimated Aces: 1.073
  • Zoning: PUD

Green Features

  • Energy Efficient Green: Low E Windows

Rental Info

  • Total Income: 205680

Tax Info

  • Land Assessment: 179900
  • Improvements: 1184400
  • Total Assessment: 1364300
  • Assessment year: 2025
  • Net Taxes: 22660
  • Tax Year: 2024
  • Assessor Parcel Number: 0910-302-8060-1

Multi Family

  • Number Of3 Bedrooms: 8
  • Number Of Units: 8

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Off Market $2,395 -- --
06/23/2025 06/23/25 Price Changed $2,395 0.0% $1 / Sq Ft
06/11/2025 06/11/25 For Sale $2,800,000 0.0% $378 / Sq Ft
05/13/2025 05/13/25 For Rent $2,425 -- --
Source: South Central Wisconsin Multiple Listing Service

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2001893

South Central Wisconsin Multiple Listing Service

Wisconsin Dane County Deforest 53532

4868 Innovation Dr, Deforest, WI

This home is located at 4868 Innovation Dr, de Forest, WI 53532 and is currently priced at $2,800,000, approximately $378 per square foot. This property was built in 2015. 4868 Innovation Dr is a home located in Dane County with nearby schools including Windsor Elementary School, DeForest Middle School, and DeForest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Liz Lauer
Listing Agent
Liz Lauer
Section Image
Lauer Realty Group, Inc.
(608) 444-5725