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For sale
    • $550,000

    N700 Kaddatz Dr, Watertown, WI 53098

    6beds
    --sqft
    : 
    $3,570/mo
    Get pre-qualified
    Apartment
    Built in 1957
    -- sqft lot
    $559,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Incredible investment opportunity and RARE find in Watertown! This versatile 4-unit property sits on a sprawling, nearly 8-acre lot, offering both high rental demand and peaceful country views. The building features an ideal mix of layouts to maximize income w/ opportunity to convert into a SF home or duplex! A fantastic bonus includes a rented detached shop generating immediate extra cash flow. Tenants pay all major utilities. Unit 704 has updated windows, flooring, and a new furnace, AC & H02 Heater! Shop building has a newer roof & is heated. Double-parcel lot with the vacant +5 acre parcal has R-1 zoning building rights and potential for future change to R-2 or commercial zoning, providing the opportunity for a separate home or added multifamily/ business! HUGE BONUS priced under assessment value! With ample outdoor parking and a prime location just off Hwy 26, this property is a true cash cow for savvy investors or owner-occupants looking to house-hack.
    22 days
    |
    530
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ferraro Real Estate Team,

    EXP Realty, LLC,

    Andrea X Garcia Hernandez,

    EXP Realty, LLC

    Source: SCWMLS,MLS#: 2027138

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Heating
      • Electric, Forced Air
      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), Range/Oven (Unit 2), Refrigerator (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Range/Oven (Unit 4), Refrigerator (Unit 4), Washer/Dryer (Unit 4), Water Softener Rented
      Features
      • Family/Rec Room (Unit 1), Dining Room (Unit 1), Eat In Kitchen (Unit 1), Primary bedroom bath, Family/Rec Room (Unit 2), Dining Room (Unit 2), Eat In Kitchen (Unit 2), Fireplace (Unit 2), Family/Rec Room (Unit 3), Dining Room (Unit 3), Family/Rec Room (Unit 4), Dining Room (Unit 4)
      • Flooring: Wood or Simulated Wood (Unit 2)
      • Basement: Full,Full size windows/Exposed,Walk-Out Access,Finished,Sump Pump
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 10
      • Parking features: Outside
      • Details: Outside
      Features
      • Levels: One
      • Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2)
      Lot
      • Size: 7.68 Acres
      Details
      • Parcel number: 01609152914004
      • Zoning: RES

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Apartment
      Materials
      • Wood Siding
      • Foundation: Poured concrete foundatn
      Condition
      • Year built: 1957

      Utilities & green energy

      • Sewer: Non-Municipal/Prvt dispos
      • Water: Well

      Community & HOA

      Location
      • Region: Watertown

      Financial & listing details

      • Tax assessed value: $613,700
      • Annual tax amount: $6,086
      • Date on market: 7/1/2026
      • Listing terms: Exchange
      • Inclusions: 4 Refrigerators, 4 Ovens, 1 Dishwasher, 1 Washer, 1 Dryer, 1 Water Softener, Shop (Currently Rented by a tenant for $500/ Month)
      • Exclusions: Tenants' and Seller's personal property, Big commercial water softener is rented
      • Total actual rent: 32100

        Estimated market value

        $559,900

        $532,000 - $588,000

        $1,607/mo

        Price history

        DateEventPrice
        7/8/2026Listed for sale$550,000+918.5%
        Source: SCWMLS #2027138 Report a problem
        5/20/1998Sold$54,000
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,809 +4.2%$460,200
        2023$4,613 -15.4%$460,200 +35.9%
        2022$5,453 +3.5%$338,600 +31.3%
        2021$5,268 +5%$257,800
        2020$5,015 +3.1%$257,800
        2019$4,863 +8.1%$257,800 +5.2%
        2018$4,499 +2.8%$245,000
        2017$4,376 +2.4%$245,000
        2016$4,275 +3.4%$245,000
        2015$4,135 $245,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 53098

        Getting around

        2 / 100
        Car-Dependent
        5 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Riverside
        • High: Watertown
        • District: Watertown

        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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