Date
Details
Price
Change
Source
10/29/2025
Listed
$2,775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/30
$2,775,000
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Property Description
This is a fantastic opportunity to buy two newer 2015 custom designed and meticulously built and maintained 4 unit buildings with large townhome units. All 8 townhomes are 3 br / 2.5 ba / 1,850sf and have attached 2 car garages, covered porches, and in-unit laundry. Each townhome has a foyer entry, large living room and kitchen, dining room, and bathroom on the 1st floor with 3 bedrooms, 2 bathrooms, and a laundry room on the 2nd floor. To make a condo conversion easier, all units are separately metered, tenants pay all utilities, and there is a studded air gap between units for an increased sound barrier. These buildings are very easy to lease being across from Conservancy Park with a splash pad and close to walking trails with lots of green space. $17,430/mo in total monthly rents.
Full Property Details
Full Property Details for 4868-4882 Innovation Dr
General
- Price: $2,775,000
- Taxes: $22,740 (2024)
- Status: Active
- Type: Apartment
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2011543
- Updated: 10/29/2025
- Added to Site: 80 day(s) ago
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Garage Description: 2 Car, Attached, Opener Included
Location
- Municipality: Deforest
- County: Dane
- Driving Directions: Take Highway 51 to Windsor Rd, Go left on Conservancy Way, Then Right on Innovation Drive
School Information
- School District: Deforest
- Elementary School: Eagle Point
- Middle School: Deforest
- High School: Deforest
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
- Utility Description: Separate Electric Meters, Separate Gas Meters, Separate Water Meters
Structural Information
- Description/Design: Apartment Building, Townhouse
- Exterior Const.: Vinyl, Brick
- Basement Desc.: None/Slab
- Year Built: 2015
Unit Information
- Units in Building: 8
Unit 1
- Square Feet: 1850
- Bedrooms: 3
Unit 2
- Square Feet: 1850
- Bedrooms: 3
Unit 3
- Bedrooms: 3
Unit 4
- Bedrooms: 3
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: PUD
Financial Considerations
- Tax Amount: $22,740
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Seller and Tenants personal property.
- Inclusions: Appliances, fixtures and equipment
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Price & Sales History for 4868-4882 Innovation Dr
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4868-4882 Innovation Drive, DeForest, WI 53532 (MLS# 2011543) is a Apartment property with 0 bedrooms and 0 full bathrooms. 4868-4882 Innovation Drive is currently listed for $2,775,000 and was received on October 29, 2025. Want to learn more about 4868-4882 Innovation Drive? Do you have questions about finding other Apartment real estate for sale in DeForest? You can browse all DeForest real estate or contact a Coldwell Banker agent to request more information.