Brand New two story 8-Plex Investment Opportunity! This modern property offers 8 spacious & accessibility friendly units, each w/potential of $1,385+/- per month in rent w/tenants covering all utilities. Low-maintenance & high-return, this turnkey asset boasts premium finishes, in unit laundry, all high end appliances, ample parking, & strong rental demand. Residents enjoy private outside porch areas plus 2nd-floor upper units offer deck areas also.This quaint village of Arena is located in the Northeastern part of Iowa County. The township is bordered by the Wisconsin River on the North, Dane County on the East, Spring Green to the West, and Mount Horeb to the South. It?s a prime opportunity for savvy investors seeking steady cash flow and long-term appreciation.
For sale
$1,799,000
162 Highway 14, Arena, WI 53503
--beds
--baths
--sqft
Est.:
Multi Family, Apartment
Built in 2024
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Premium finishesAmple parkingIn unit laundryDeck areasPrivate outside porch areasHigh end appliances
- 52 days
- on Zillow |
- 237 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: March 06, 2025 at 01:37am
Listed by:
Sally Luehman Off:608-254-9488,
RE/MAX RealPros
Source: WIREX MLS,MLS#: 1994545
Originating MLS: South Central Wisconsin MLS

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Tour with a buyer’s agent
Facts & features
Interior
Heating
- Natural Gas, Forced Air
Features
- Basement: None / Slab
- Has fireplace: No
Property
Parking
- Parking features: No Parking
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1.44 Acres
Details
- Parcel number: 1010208
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Aluminum/Steel
Condition
- 0-5 Years
- Year built: 2024
Utilities & green energy
- Electric: Separate Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Electric Meters, Separate Gas Meters
Community & HOA
Location
- Region: Arena
- Municipality: Arena
Financial & listing details
- Annual tax amount: $4,230
- Date on market: 3/5/2025
- Inclusions: (8) Stainless Steel Refrigerators, (8) Stainless Steel Dishwashers, (8) Stainless Steel Glass Top Electric Stoves/Oven, (8) Stack Washer And Dryer Combo
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