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5837 Raymond Road

Madison, WI 53711
  • $550,000
  • STATUS: Active
  • ON SITE: 3 Days
  • ID#: 2017218
New On Site 3 Days Ago
UPDATED: 19 min ago
$550,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by EXP Realty, LLC: 608-838-1377

Description

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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© 2026 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2026-03-06T08:41:23.463.
www.klodowskirealestate.com/homes/173595093
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5837 Raymond Road Madison, WI 53711

  • Price: $550,000
  • Status: Active
  • On Site: 3 Days
  • Updated: 19 min ago
  • ID#: 2017218
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1961
Built
Neighborhood:
Madison - C W09
County:
Dane
Area:
Madison - C W09
Elementary School:
Orchard Ridge
Middle School:
Toki
High School:
Memorial
School District:
Madison
Property Description
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
Exterior Features

Exterior Brick Parking Spaces Outside 4 Parking Stalls Inside 4 Type Apartment building2 story Unit1 Parking 1 Car Garage Unit2 Parking 1 Car Garage Unit3 Parking 1 Car Garage Unit4 Parking 1 Car Garage

Interior Features

Basement FullPartially finishedPoured concrete foundatn Clothes Dryers 0 Clothes Washers 0 Dish Washers 3 Heating Type Radiant Number Of Efficiencies 0 Number Of One Bedrooms 0 Number Of Three Plus Beds 4 Number Of Two Bedrooms 0 Refrigerators 4 Stoves 4 Unit1 Family/Rec rmBalcony/patioRange/ovenRefrigeratorWood or sim. wood floorSeparate Storage Unit IncPrivate basement Unit1 Bedrooms 3 Unit1 Full Baths 2 Unit1 Half Baths 1 Unit1 Kitchen Dim 15x9 Unit1 Living Great Room Dim 18x12 Unit1 Master Bedroom Dim 13x10 Unit1 Sq Ft 1870 Unit2 Family/Rec rmBalcony/patioRange/ovenRefrigeratorDishwasherSeparate Storage Unit IncPrivate basement Unit2 Bedrooms 3 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Kitchen Dim 15x9 Unit2 Living Great Room Dim 18x12 Unit2 Master Bedroom Dim 11x11 Unit2 Sq Ft 1000 Unit3 Family/Rec rmBalcony/patioRange/ovenRefrigeratorDishwasherWood or sim. wood floorSeparate Storage Unit IncShared basement Unit3 Bedrooms 3 Unit3 Full Baths 1 Unit3 Half Baths 1 Unit3 Sq Ft 1120 Unit4 Family/Rec rmBalcony/patioRange/ovenRefrigeratorSeparate Storage Unit IncShared basement Unit4 Bedrooms 3 Unit4 Full Baths 1 Unit4 Half Baths 0 Unit4 Sq Ft 1000 Units With AC 4

Property Features

Association South Central WI City Town Or Village City County Quarter West Metro Madison Fuel Natural Gas Furnaces 1 Mailing City Madison Miscellaneous Close to bus lineWater Softener Owned Net Taxes 10311 Park Unit 1 stall garageDetachedOutside Source Acreage Assessor Tax Year 2025 Total Income 45600 Unit1 Rent 950 Unit2 Rent 950 Unit3 Rent 950 Unit4 Rent 950 Utilities Separate elec meters Water Heaters 4 Water Softeners 0 Water Waste Municipal sewerMunicipal water Year Built Source Assessor Zoning SR-V1

Listing information © 2026 South Central Wisconsin MLS.
Listing provided courtesy of EXP Realty, LLC: Pref: 608-838-1377.



© 2026 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2026-03-06T08:41:23.463.
 
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Klodowski Real Estate
N8053 State Road 33, Suite 2
Beaver Dam WI, 53916
Listing provided by EXP Realty, LLC: 608-838-1377