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
Sold for $570,000
$570,000
5837 Raymond Rd, Madison, WI 53711
12beds
4,990sqft
Apartment
Built in 1961
-- sqft lot
$-- Zestimate®
$114/sqft
$1,593 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,593/mo
Zestimate® history
Owner options
List your home for rent
$1,593/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,593/mo
Rent Zestimate®
Refinance and save
$3,715/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,715/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Ferraro Real Estate Team,
EXP Realty, LLC
Bought with:
Corey Fischbach, 58496-90
NextHome Strategy
Source: SCWMLS,MLS#: 2017218
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Heating
- Natural Gas, Radiant
Appliances
- Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Dishwasher (Unit 2), Range/Oven (Unit 2), Refrigerator (Unit 2), Dishwasher (Unit 3), Range/Oven (Unit 3), Refrigerator (Unit 3), Range/Oven (Unit 4), Refrigerator (Unit 4), Water Softener Owned
Features
- Family/Rec Room (Unit 1), Private basement, Separate Storage (Unit 1), Family/Rec Room (Unit 2), Separate Storage (Unit 2), Family/Rec Room (Unit 3), Separate Storage (Unit 3), Shared basement, Family/Rec Room (Unit 4), Separate Storage (Unit 4)
- Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 3)
- Basement: Full,Partially Finished
Interior area
- Total structure area: 4,990
- Total interior livable area: 4,990 sqft
Property
Parking
- Total spaces: 8
- Parking features: 1 stall garage, Detached, Outside
- Garage spaces: 4
- Details: Outside
Features
- Levels: Two
- Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2), Balcony/Patio (Unit 3), Balcony/Patio (Unit 4)
Lot
- Size: 0.26 Acres
- Features: Near Public Transit
Details
- Parcel number: 060906203091
- Zoning: SR-V1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick
- Foundation: Poured concrete foundatn
Condition
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate elec meters
Community & neighborhood
Location
- Region: Madison
HOA & financial
Other financial information
- Total actual rent: 45600
Other
Other facts
- Listing terms: Arms Length
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Sold | $570,000+3.6%$114/sqft |
Source: SCWMLS #2017218 Report a problem | ||
| 3/11/2026 | Contingent | $550,000$110/sqft |
Source:  WIREX MLS #2017218 Report a problem | ||
| 3/2/2026 | Listed for sale | $550,000+26.4%$110/sqft |
Source: WIREX MLS #2017218 Report a problem | ||
| 4/12/2005 | Sold | $435,000$87/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,668 +11.5% | $545,000 +14.7% |
| 2023 | $9,570 | $475,000 +17.3% |
| 2022 | -- | $405,000 |
| 2021 | -- | $405,000 +15.1% |
| 2020 | -- | $352,000 +5.1% |
| 2019 | $6,828 | $335,000 +6.3% |
| 2018 | $6,828 -2.4% | $315,000 +1.9% |
| 2017 | $6,996 +16.6% | $309,200 +14.9% |
| 2016 | $5,998 +0% | $269,200 +5.1% |
| 2014 | $5,998 -23.1% | $256,200 |
| 2013 | $7,798 +27.3% | $256,200 |
| 2012 | $6,124 -5.7% | $256,200 -10.2% |
| 2011 | $6,494 +3.6% | $285,200 |
| 2010 | $6,269 -8.1% | $285,200 -14.9% |
| 2009 | $6,823 -21.3% | $335,200 -25% |
| 2008 | $8,668 -1.3% | $447,200 |
| 2007 | $8,786 +3.7% | $447,200 +4% |
| 2006 | $8,472 -0.7% | $430,000 +4.7% |
| 2005 | $8,534 -1.9% | $410,600 +5% |
| 2004 | $8,698 +25.3% | $391,000 |
| 2003 | $6,940 +10.7% | $391,000 +46.3% |
| 2002 | $6,271 +0.2% | $267,300 +5% |
| 2001 | $6,259 -0.9% | $254,600 +2% |
| 2000 | $6,316 | $249,600 |
Find assessor info on the county website
Neighborhood: Meadowood
Nearby schools
GreatSchools rating
- 6/10Orchard Ridge Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Toki Middle SchoolGrades: 6-8Distance: 0.4 mi
- 8/10Memorial High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Orchard Ridge
- Middle: Toki
- High: Memorial
- District: Madison
Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Wisconsin
- Dane County
- Madison
- 53711
- Meadowood
- 5837 Raymond Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Madison Topics
