Active

$895,000

585 Kelvington Dr, Sun Prairie, WI 53590

8beds

4,540sqft

$6,470/mo

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Multi Family

Built in 2000

-- sqft lot

$883,300 Zestimate^®

$197/sqft

$-- HOA

What's special

Private garageWell-designed floor plansSpacious kitchenIn-unit washer and dryer

Excellent investment opportunity in one of Sun Prairie’s most desirable areas! Built in 2000 and tucked into a quiet residential setting with quick access to shopping, dining, parks, schools and all of Sun Prairie’s amenities. Each of the four oversized units features 2 bedrooms and 2 full bathrooms, a spacious kitchen, generous living areas, in-unit washer and dryer, and a private garage. Well-designed floor plans and strong rental appeal make this an attractive long-term investment, with market rents estimated at $1,750+/month per unit. At market rents, the property offers an attractive gross rent multiplier (~10.5 GMR)and is being offered below several recent comparable multifamily sales, creating a compelling basis for both current income and long-term appreciation. Seller is selling as part of a 1031 Exchange.

--: on Zillow
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11: saves

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 1143
Full bathrooms: 8
1/2 bathrooms: 1135

Heating

Electric, Radiant, 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: Range/Oven (Unit 1), Refrigerator (Unit 1), Dishwasher (Unit 1), Washer/Dryer (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Dishwasher (Unit 2), Washer/Dryer (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Dishwasher (Unit 3), Washer/Dryer (Unit 3), Range/Oven (Unit 4), Refrigerator (Unit 4), Dishwasher (Unit 4), Washer/Dryer (Unit 4)
Laundry: In Unit (Unit 1), In Unit (Unit 2), In Unit (Unit 3), In Unit (Unit 4)

Features

Family/Rec Room (Unit 1), Primary bedroom bath, Family/Rec Room (Unit 2), Family/Rec Room (Unit 3), Family/Rec Room (Unit 4)
Basement: None

Interior area

Total structure area: 4,540
Total interior livable area: 4,540 sqft

Property

Parking

Total spaces: 2
Parking features: 1 stall garage, Attached
Attached garage spaces: 4
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: 0.38 Acres

Details

Parcel number: 081002265966
Zoning: Commercial

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding, Brick
Foundation: Poured concrete foundatn

Condition

Year built: 2000

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Separate elec meters

Community & HOA

Community

Subdivision: Wyndham Hills

Location

Region: Sun Prairie

Financial & listing details

Price per square foot: $197/sqft
Tax assessed value: $852,500
Annual tax amount: $14,512
Date on market: 10/23/2026
Inclusions: 4 Range/ovens, 4 refrigerators, 4 dishwashers, 4 microwaves, 4 washers, 4 dryers, 4 wall AC units, 1 water softener
Total actual rent: 71400