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Sold for $1,140,000
  • $1,140,000

    551 Hawaii Ln, Sun Prairie, WI 53590

    4beds
    2,500sqft
    Apartment
    Built in 1987
    -- sqft lot
    $1,173,900 Zestimate®
    $456/sqft
    $2,010 Estimated rent

    Home value

    $1,173,900

    $1.10M - $1.24M

    $2,010/mo

    Zestimate® history
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    $2,010/mo

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    What's special

    Renovated 6-unit apartment building featuring upscale finishes and high-end design in a prime Sun Prairie location! Each unit includes in-unit laundry, private patio/deck, attached garage, separate HVAC, and stylish updates like granite countertops, stainless steel appliances, modern tile, and sleek vanities. Fully leased with long-term tenants and strong annual gross income of $97,560. Tenants pay for gas and electric. Ideal location near parks, shopping, library, and movie theater—an exceptional investment opportunity. Priced to Sell!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ferraro Real Estate Team,

    EXP Realty, LLC

    Bought with:

    Aaron Weber, 56448-90

    Compass Real Estate Wisconsin

    Source: SCWMLS,MLS#: 2005567

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Forced Air, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2), Individual Heat Control (Unit 3), Individual Heat Control (Unit 4)
    Cooling
    • Air Conditioning (Unit 1), Air Conditioning (Unit 2), Air Conditioning (Unit 3), Air Conditioning (Unit 4)
    Appliances
    • Included: Dishwasher (Unit 1), Range/Oven (Unit 1), Refrigerator (Unit 1), Washer/Dryer (Unit 1), Dishwasher (Unit 2), Range/Oven (Unit 2), Refrigerator (Unit 2), Washer/Dryer (Unit 2), Dishwasher (Unit 3), Range/Oven (Unit 3), Refrigerator (Unit 3), Washer/Dryer (Unit 3), Dishwasher (Unit 4), Range/Oven (Unit 4), Refrigerator (Unit 4), Washer/Dryer (Unit 4), Water Softener Owned
    • Laundry: In Unit (Unit 1), In Unit (Unit 2), In Unit (Unit 3), In Unit (Unit 4)
    Features
    • Dining Room (Unit 1), Eat In Kitchen (Unit 1), Family/Rec Room (Unit 1), Pantry ((Unit 1), Dining Room (Unit 2), Eat In Kitchen (Unit 2), Family/Rec Room (Unit 2), Pantry ((Unit 2), Dining Room (Unit 3), Eat In Kitchen (Unit 3), Family/Rec Room (Unit 3), Pantry ((Unit 3), Dining Room (Unit 4), Eat In Kitchen (Unit 4), Family/Rec Room (Unit 4), Pantry ((Unit 4)
    • Basement: None
    Interior area
    • Total structure area: 2,500
    • Total interior livable area: 2,500 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Attached, Garage Door Opener
    • Attached garage spaces: 2
    • Details: Outside
    Features
    • Levels: Two
    • Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2), Balcony/Patio (Unit 3), Balcony/Patio (Unit 4)
    Lot
    • Size: 0.64 Acres
    • Features: Near Public Transit
    Details
    • Parcel number: 081001405860
    • Zoning: UR12

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Brick, Vinyl Siding
    Condition
    • Year built: 1987

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Separate elec meters, Separate gas meters, Internet - Cable, Internet - DSL

    Community & neighborhood

    Location
    • Region: Sun Prairie

    HOA & financial

    Other financial information
    • Total actual rent: 34380

    Other

    Other facts
    • Listing terms: Arms Length

    Price history

    DateEventPrice
    9/30/2025Sold$1,140,000+3.6%$456/sqft
    Source: SCWMLS #2005567 Report a problem
    8/11/2025Contingent$1,100,000$440/sqft
    Source: WIREX MLS #2005567 Report a problem
    8/7/2025Listed for sale$1,100,000+28.4%$440/sqft
    Source: WIREX MLS #2005567 Report a problem
    1/21/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    1/19/2021Price change$1,249-3.6%
    Source: Zillow Rental Network Premium Report a problem
    1/12/2021Price change$1,295-0.4%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    12/30/2020Listed for rent$1,300$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    12/18/2020Sold$857,000-1.5%$343/sqft
    Source: SCWMLS #1887496 Report a problem
    10/27/2020Price change$870,000-5.5%$348/sqft
    Source: Homestead Realty #1887496 Report a problem
    8/19/2020Price change$921,000-7%$368/sqft
    Source: Homestead Realty #1887496 Report a problem
    7/3/2020Listed for sale$990,000+96%$396/sqft
    Source: Homestead Realty #1887496 Report a problem
    10/30/2015Sold$505,000$202/sqft
    Source: SCWMLS #1752077 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 53590

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Royal Oaks
    • Middle: Prairie View
    • High: Sun Prairie West
    • District: Sun Prairie

    Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,173,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,173,900