5837 Raymond Rd

Madison, WI 53711
  • $550,000

    Price
  • 12

    Bed
  • 6

    Bath
  • 0

    SqFt

About the Listing 9158 - TEAM13,167652

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

Listing Highlights

Status Active With Contingency
Days on Site 50
Property Type Multi-Family
MLS ® 2017218
Year Built 1961
Total Square Footage 0
Lot/Acreage 0.26
County Dane
School District Madison
Elementary School Orchard Ridge
Middle School Toki
High School Memorial

Interior Details

  • Bedrooms: 12
  • Bathrooms: 5 Full / 2 Half
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Full,Partially finished,Poured concrete foundatn
  • Other: Balcony/patio,Family/Rec rm,Private basement,Range/oven,Refrigerator,Separate Storage Unit Inc,Wood or sim. wood floor,Dishwasher,Shared basement,4 Units
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Zoning: SR-V1
  • Roof:
  • Others: Brick
  • Sewer: Municipal sewer, Municipal water

Financial Details

  • Tax Amount: $10,311
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0609-062-0309-1
  • Tax Year: 2025

Payment Calculator

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5837 Raymond Rd Madison, WI 53711

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Originating MLS: WI_SCWMLS

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