5837 Raymond Road

Madison WI 53711

2870 sq. ft.

0.26 ac.

Multi-Family

Last sold for $570,000

Jo Ferraro Real Estate Team, last sold this property on 17 April 2026 after 45 days on market.

Overview

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

Features

12 bedrooms

5 bathrooms

1 carspace

1 garage space

2870 sq. ft. floor area

0.26 ac. lot size

Multi-Family

Estimated Value

We need at least 3 similar 12 bedroom multi families sold in Madison over the last 12 months.

Property history for 5837 Raymond Road

2026

Sold

$570,000

17 Apr 2026 by Jo Ferraro Real Estate Team, of EXP Realty, LLC

Happy sellers in Madison

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