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585 Kelvington Drive Sun Prairie, WI 53590 • Multi Unit - Multiple • Active

  • 585 Kelvington Drive, Sun Prairie, WI 53590 Main Photo

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Description

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.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Dane
High School: Sun Prairie West
Subdivision: Wyndham Hills
Listed By:
Stark Company, REALTORS Pref: 608-843-4442
SCWMLS

Units

Unit 1:
Bedrooms: 2
Full Baths: 2
Parking Description: 1 Car Garage
Square Feet: 1135
Unit 2:
Bedrooms: 2
Full Baths: 2
Parking Description: 1 Car Garage
Square Feet: 1135
Unit 3:
Bedrooms: 2
Full Baths: 2
Half Baths: 1135
Parking Description: 1 Car Garage
Square Feet: 1135
Unit 4:
Bedrooms: 2
Full Baths: 2
Parking Description: 1 Car Garage
Square Feet: 1135
$895,000
Est. $6,211/mo

Listing Courtesy of: Stark Company, REALTORS
Agency Contact: Pref: 608-843-4442
IDX logo


Active
BEDS0 BATHS MLS#2035233
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWyndham Hills SCHOOLSun Prairie

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585 Kelvington Drive, Sun Prairie, WI 53590.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $895,000$895,000$895,000
Down Payment $179,000$31,325$223,750
Monthly Mortgage Amount $4,704$5,773$5,755
Taxes $1246$1246$1246
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$537$0
Monthly Estimated Total $6,211$7,817$7,262

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/03/2026. The listing information on this page last changed on 11/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 11/03/2026 12:24:34 AM EST) or MRED MLS (last updated Tue 11/03/2026 12:16:05 AM EST) or SCWMLS (last updated Mon 11/02/2026 11:55:07 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 11/02/2026 10:15:24 PM EST) or Cedar Rapids MLS (last updated Mon 11/02/2026 10:44:30 PM EST) or NEIRBR MLS (last updated Tue 11/03/2026 12:18:45 AM EST) or ICAAR MLS (last updated Mon 11/02/2026 11:37:34 PM EST) or ECIMLS (last updated Mon 11/02/2026 11:44:36 PM EST) or RMLSA (last updated Tue 11/03/2026 12:21:00 AM EST) or Muscatine MLS (last updated Tue 11/03/2026 12:15:13 AM EST) or No Coast MLS (last updated Tue 11/03/2026 12:14:24 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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