6401-6403 Raymond Road, Madison, WI 53711

Madison
Local realty services provided by:ERA MyPro Realty
Listed by: joffre pedretti, the opportunity team
Office: keller williams realty
MLS#:2017568
Source:Metro MLS
6401-6403 Raymond Road,Madison, WI 53711
$525,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$525,000

About this home

Showings to take place ONLY during open houses: Fri 3/6 & Sat 3/7 Noon-2PM. Incredible investment opportunity to own a duplex with garage parking on Madison's West side. Desirable townhouse floor plans with spacious living areas. Both units have been updated in recent years with updated kitchen cabinets/appliances, new vinyl plank flooring on main level, and new light fixtures. Each unit has it's own 1-car garage plus additional off-street parking - 6401 is attached, 6403 is detached. Separate gas, electrical, and water meters for each unit allow for tenants to pay their own heat, electricity, and water. New electrical panels installed in both units in 2022. 6401 has a new furnace in 2026. Partially finished basement on 6403 side allows for more usable space. Potential to do same in 6401 side for added value. Large spacious lot with no side neighbor is desirable for tenants. Nearly $50K of annual income with a 10.5 GRM makes for a great investment.

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Home facts

  • Year built:1976
  • Listing ID #:2017568
  • Added:70 day(s) ago
  • Updated:March 11, 2026 at 02:29 PM

Rooms and interior

  • Basement Description:Full, Partially Finished

Heating and cooling

  • Cooling:Forced Air
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1976
  • Lot area:0.3 Acres
  • Construction Materials:Vinyl
  • Foundation Description:Poured Concrete
  • Levels:2 Story

Schools

  • High school:Memorial
  • Middle school:Toki
  • Elementary school:Huegel

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$525,000
  • Tax amount:$8,375 (2025)

Features and amenities

  • Amenities:High Speed Internet, Separate Electric Meters, Separate Gas Meters, Water Softener

Parking

  • Parking description:1 Car Garage, 1 Space, Garage - Attached, Garage - Detached, Garage Opener Included, Outside
  • Garage spaces:1
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