Contingent

$550,000

5710 Russett Road, Madison, WI 53711

10beds

4,900sqft

Est.:

Multi Family, Apartment

Built in 1964

-- sqft lot

$-- Zestimate^®

$112/sqft

$-- HOA

What's special

Newish roof

No showings until 3/6. Investor opportunity with immediate upside potential. This solid brick 4-unit offers 3-bedroom layouts with 1 to 2.5 baths, and one 1bed/1bath unit, making it highly attractive to long-term tenants and future rent growth. Current leases are month-to-month, providing flexibility for a new owner to reposition rents toward market levels, estimated around $1,800 per unit. Key CAPX improvements include a newish roof, Water heaters (all WH within 5 years) and Eletrical. 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 5837 Raymond Road, Madison WI 53711 ? seller is open to selling both together

68 days

54

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 8
Full bathrooms: 5
1/2 bathrooms: 3
Main level bedrooms: 1

Heating

Natural Gas, Radiant/Electric

Features

Basement: Full,Partially Finished,Concrete
Has fireplace: No

Interior area

Total structure area: 4,900
Total interior livable area: 4,900 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Car, Detached, Outside
Garage spaces: 1

Features

Levels: Two
Stories: 2

Lot

Size: 9,147.6 Square Feet

Details

Parcel number: 070931310349
Zoning: SR-V1

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Brick

Condition

21+ Years
New construction: No
Year built: 1964

Utilities & green energy

Electric: Separate Electric Meters
Sewer: Public Sewer
Water: Public
Utilities for property: Separate Electric Meters

Community & HOA

Location

Region: Madison
Municipality: Madison

Financial & listing details

Price per square foot: $112/sqft
Tax assessed value: $509,300
Annual tax amount: $9,410
Date on market: 3/2/2026
Inclusions: 5 Ranges/Ovens 5 Fridges, 4 Water Heaters, 3 Dishwashers
Exclusions: Tenant Personal Property

Estimated market value

Not available

Estimated sales range

Not available

$1,472/mo

Price history

Date	Event	Price
3/11/2026	Contingent	$550,000$112/sqft
Source: WIREX MLS #2017225 Report a problem
3/2/2026	Listed for sale	$550,000+245.9%$112/sqft
Source: WIREX MLS #2017225 Report a problem
12/16/2011	Sold	$159,000-45.7%$32/sqft
Source: Agent Provided Report a problem
12/29/2006	Sold	$293,000$60/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$9,494 +8.3%	$485,000 +11.5%
2023	$8,764	$435,000 +16%
2022	--	$375,000 +5%
2021	--	$357,000 +15.2%
2020	--	$310,000 +5.1%
2019	$5,778	$295,000 +13.5%
2018	$5,778 +6.9%	$260,000 +10.6%
2017	$5,403 +1.1%	$235,000
2016	$5,346 -0.1%	$235,000 +4.9%
2014	$5,349 -5.5%	$224,000
2013	$5,660 +5.9%	$224,000
2012	$5,345 -5.6%	$224,000 -10%
2011	$5,660 +3.6%	$249,000
2010	$5,464 -8.2%	$249,000 -15%
2009	$5,955 +5.1%	$293,000
2008	$5,666 -1.6%	$293,000
2007	$5,756 -7.9%	$293,000 -7.6%
2006	$6,249 -2.4%	$317,200 +3%
2005	$6,402 -3.8%	$308,000 +3%
2004	$6,652 +7.6%	$299,000
2003	$6,180 +13.6%	$299,000 +29%
2002	$5,438 -4.6%	$231,800
2001	$5,698 +2.8%	$231,800 +8%
2000	$5,545	$214,600