5837 Raymond Road, Madison, WI 53711

Madison
Local realty services provided by:ERA MyPro Realty
Listed by: jo ferraro real estate team, michael ferraro
Office: exp realty, llc.
MLS#:2017218
Source:Metro MLS
5837 Raymond Road,Madison, WI 53711
$550,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$550,000

About this home

No Showings until 3/6. Investor opportunity with immediate upside potential. This solid brick 4-unit offers rare, oversized 3-bedroom layouts with 1 to 2.5 baths, making it highly attractive to long-term tenants and future rent growth. Current leases are MTM, providing flexibility for a new owner to reposition rents toward market levels, estimated around $1,800 per unit. The partially finished lower level presents potential for an additional unit or added income space (buyer to verify). Key improvements include roof and front windows approximately 10 years old along with some newer water heaters. Well located on Madison?s west side near major employers, shopping, and transit corridors, this property offers both stability and long-term appreciation potential. See 5710 Russett Road, Madison ? seller is open to selling both together

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Home facts

  • Year built:1961
  • Listing ID #:2017218
  • Added:75 day(s) ago
  • Updated:April 17, 2026 at 03:09 PM

Rooms and interior

  • Basement Description:Full, Partially Finished

Heating and cooling

  • Heating:Natural Gas, Radiant/Electric

Structure and exterior

  • Year built:1961
  • Lot area:0.26 Acres
  • Construction Materials:Brick
  • Foundation Description:Poured Concrete
  • Levels:2 Story

Schools

  • High school:Memorial
  • Middle school:Toki
  • Elementary school:Orchard Ridge

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$550,000
  • Tax amount:$10,311 (2025)

Features and amenities

  • Amenities:Separate Electric Meters, Water Softener

Parking

  • Parking description:1 Car Garage, Garage - Detached, Outside
  • Garage spaces:1
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