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5837 Raymond Road
Madison WI 53711 US

$550,000

Active Listing ID 2017218
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12 bed
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Lot: 0.26 Acres
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Other

$550,000

Active Listing ID 2017218
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5837 Raymond Road 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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Property Features

  • Facts
  • Lot Size: 0.26 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Radiant

School Information

  • School
  • Orchard Ridge(Elementary)
  • Toki(MiddleSchool)
  • Memorial(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 550000
  • unparsedaddress: 5837 Raymond Road
  • postalcity: Madison
  • stateorprovince: WI
  • country: US
  • postalcode: 53711
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.26
  • lotsizeunits: Acres
  • lotsizearea: 0.26
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 43.03161
  • longitude: -89.482778
  • listagentfullname: Jo Ferraro Real Estate Team
  • listagentemail: Info@soldinmadison.com
  • listagentkey: 3yd-SCWMLSWI-TEAM13
  • listagentmlsid: TEAM13
  • listagentpreferredphone: 8668486990
  • listagentofficephone: 8668486990
  • listofficekey: 3yd-SCWMLSWI-9158
  • listofficemlsid: 9158
  • disclaimer: Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SCWMLSWI
  • yearbuilt: 1961
  • listagenturl: https://www.exprealty.com
  • countyorparish: Dane
  • parcelnumber: 0609-062-0309-1
  • elementaryschool: Orchard Ridge
  • highschool: Memorial
  • elementaryschooldistrict: Madison
  • middleorjuniorschooldistrict: Madison
  • highschooldistrict: Madison
  • appliances: Dishwasher
  • constructionmaterials: Brick
  • heating: Radiant
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 4
  • parkingfeatures: Garage
  • waterfrontyn: False
  • interiorfeatures: Water Softener Owned
  • architecturalstyle: Other
  • rooms: Basement, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • utilities: Water Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.48278, 43.03161
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"wi.broker@exprealty.net", "ListBrokerageCity":"Middleton", "ListBrokerageCountry":"US", "ListBrokerageEmail":"wi.broker@exprealty.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/SCWMLSWI/f013df91b8af11e599ac02087edc63bf/20251022215144438.png", "ListBrokerageName":"eXp Realty", "ListBrokeragePhone":"866-848-6990", "ListBrokeragePostalCode":"53562", "ListBrokerageStateOrProvince":"WI", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"8383 Greenway Blvd.", "ListBrokerageWebsiteUrl":"https://www.exprealty.com", "ListOfficeAddress1":"4810 Larson Beach Rd", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"41908", "ListOfficeCity":"McFarland", "ListOfficeCountry":"US", "ListOfficeEmail":"wi.broker@exprealty.net", "ListOfficePostalCode":"53558-8724", "ListOfficeStateOrProvince":"WI", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment building, 2 story - Madison, WI", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5837-Raymond-Rd-Apt-3_Madison_WI_53711_M70828-92545?f=listhub&s=SCWMLSWI&m=2017218&c=rexren", "MLSModificationTimestamp":"2026-03-02T22:46:19Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Apartment building, 2 story", "RawPropertyType":"Multi-Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":10311, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/4/2026 10:02:56 AM GMT
Source Updated Date: 3/11/2026 7:22:10 AM GMT

Courtesy of: Jo Ferraro Real Estate Team, EXP Realty, LLC, Info@soldinmadison.com

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.