This home's estimate is 21% lower than the average sale price ($651K) of 6 comparable homes.
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- Property details
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5114 Reed Ln, Waunakee, WI 53597
About this home
Public Remarks: Great Income Property Opportunity. This well cared for duplex sits on a private 1/2 acre lot. Updated kitchens, Updated windows, Hardwood floors, Full basement, Private laundry hookups in each unit. Unit 5116 has a finished walk-out lower level. Plenty of space on lot to build garages if needed. Two Decks off the back decks. VPR $279,900 to $289,900.
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Market trends in 53597, WI
Last updated July 2026
Buyer's Market
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- OPEN SUN, 10AM TO 12PM$594,9004 beds3 baths2,774 sq ft1134 Irene Ct, Waunakee, WI 53597Acker Maly Home Team • RE/MAX Preferred
- OPEN SUN, 11AM TO 1PM$799,9004 beds3.5 baths4,187 sq ft5019 Sawgrass Ter, Middleton, WI 53597Joanna Janas • Sprinkman Real Estate
- OPEN TODAY, 3PM TO 5PM
- OPEN SAT, 11AM TO 1PM$735,0003 beds2.5 baths3,415 sq ft1148 Bluebird Trl, Waunakee, WI 53597Peggy Acker-Farber • RE/MAX Preferred
- OPEN SAT, 12PM TO 2PM$525,0004 beds3.5 baths2,157 sq ft5591 Huntingwood Way, Waunakee, WI 53597Sheryl Schroeder • Coldwell Banker Real Estate Group
- $350,0002 beds2 baths1,390 sq ft867 Henry St, Waunakee, WI 53597Joanna Janas • Sprinkman Real Estate
- $979,9003 beds2 baths1,935 sq ft5824 Eagle Prairie Ct, Middleton, WI 53597Jordan Armentrout • Pinnacle Real Estate Group LLC
- $1,599,0005 beds6 baths7,054 sq ft5695 Tuscany Ln, Waunakee, WI 53597Chas Martin • Sprinkman Real Estate
- OPEN SAT, 11AM TO 1PM$439,9003 beds2 baths2,144 sq ft806 South St, Waunakee, WI 53597Peggy Acker-Farber • RE/MAX Preferred
- $849,9005 beds3 baths2,836 sq ft4408 Blackwolf Run, Middleton, WI 53597Dustin Laufenberg • MHB Real Estate
See all
Provided by Redfin
Sale history for 5114 Reed Ln
Tax history for 5114 Reed Ln
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking: 2 Spaces
Interior
- Interior Features
- Water Softener
- Room Information
- Full, Walk Out/Outer Door, Poured Concrete
Exterior
- Building Information
- Building Type: Duplex (Side By Side), Duplex
- Stories: 1-2
- Exterior
- Exterior: Vinyl
- Property Information
- Stories: 1-2
- Multi-Family
- Information Source Year Built: Assessor/Public Record
- Lot Information
- Lot Acreage: 0.48
- Zoning: ETZ
Financial
- Tax Information
- Total Taxes: $3,872
- Tax Year: 2017
Utilities
- Utility Information
- Shared Well, Private Septic System
- Separate Electric Meters, Separate Gas Meters
- Heating/Cooling: Forced Air
- Natural Gas
Location
- Multi-Unit Information
- # of Units: 2
- Unit 1 Information
- Sq. Ft.: 828
- # of Baths (1/2): 0
- # of Baths (Full): 1
- # of Bedrooms: 3
- Unit 2 Information
- Sq. Ft.: 1,396
- # of Baths (1/2): 0
- # of Baths (Full): 2
- # of Bedrooms: 3
- Master Bedroom Description: Main Level
- Master Bedroom Dimensions: 11 x 12
- Bedroom 2 Description: Main Level
- Bedroom 2 Dimensions: 10 x 11
- Bedroom 3 Description: Main Level
- Bedroom 3 Dimensions:
- Living/Great Room Dimensions: 12 x 16
- Kitchen Description: Main Level
- Kitchen Dimensions: 10 x 11
- Neighborhood Information
- Municipality: WESTPORT
- Municipality Type: Town
- School Information
- School District: Waunakee
- Elementary School: Call School District
- Middle School: Waunakee
- High School: Waunakee
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 0.48 acres
- Style: Other
- Year Built: —
- Year Renovated: —
- County: Dane County
- APN: 080914488607
Other
- Listing Information
- SaleType: Non-Arms Length
- Inclusions: Stoves, microwave, water softener, refrigerator, washers
Around this home
Schools
Public PreK-4 • Assigned • 1.6mi
Public 7-8 • Assigned • 3.5mi
Public 9-12 • Assigned • 3.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.15% chance of being in a wildfire in next 30 years
7 days above 98° expected this year, 14 days in 30 years
Minor risk of severe winds over next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Nearby similar homes
New listings for sale in 53597
Home values near 5114 Reed Ln
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1372 Sq. Ft. | $411,988 |
3 Beds | 1.5 Baths | 1714 Sq. Ft. | $503,417 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1916 Sq. Ft. | $452,813 |
3 Beds | 2 Baths | 1954 Sq. Ft. | $497,847 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1662 Sq. Ft. | $516,455 |
3 Beds | 3 Baths | 3257 Sq. Ft. | $1,014,452 |
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