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643 Meadow LANE, Burlington, WI, 53105

--beds
--baths
--sqft
$1,495,000
--price/sqft
$9,954/moest. monthly cost
$398,160/yrincome needed

About This Home

11-unit townhouse style apartment building. All units on a single level with private entries. 9 units are 1 BR 1BA 2 units are 2BR 1 BA. All brick building. Each apartment has in unit laundry. Great rental history with barely any vacancies. Many units have been updated. Private patios overlooking wooded park land. Great location in Burlington close to Brown's Lake, downtown, Gateway, Burlington High School, and more.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

7/10
Dr Edward G Dyer SchoolGrades PK-61.8 mi
9/10
Nettie E Karcher SchoolGrades 6-80.8 mi
4/10
Burlington High SchoolGrades 9-120.2 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1986

Materials

  • Construction materials: Brick/Stone,Brick,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dryer,Washer

Basement

  • Has basement: Yes
  • Basement: Block,Crawl Space Only,Full,Partial

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Wall/Sleeve Air

Property

Details

  • Parcel number: 206031933250380
  • Zoning: res
  • Exclusions: Seller's And Tenant's Personal Property

Lot

  • Lot size: 0.69 Acres

Parking

  • Parking features: Extra Space Available,Outdoor Space,Inside Parking,Outside

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Strong Wind
Tornado
Hail
Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters Across Wisconsin Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,559$90,708
Home Insurance *$591$7,092
Property Taxes $1,633$19,596
Electricity $171$2,054
Total$9,954$119,448
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$341,280/yr
40% on housing$298,620/yr
45% on housing$265,440/yr

Wisconsin FAIR Plan Programs

Wisconsin Insurance Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 5,246Commercial: 198
Total Premiums$4.55M
Total Exposure$860.28M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -2.3%
-2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 53105$268
Racine County$247

vs Homes Sold Last Month

Median $/sqft

ZIP 53105$215
Racine County$175

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-10-29Listed for sale$1,495,000
2019-11-20Listing removed$675
2019-11-01Listed for rent$675
2019-09-21Listing removed$675
2019-08-22Price change$675
2019-05-24Listed for rent$660
2018-11-12Listing removed$660
2018-09-05Listed for rent$660
2011-12-06Sold$250,000

For Sale by Agent

AgentAndrew Bollmeier
BrokerageKeller Williams Thrive-Caledonia

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