Showings to take place ONLY during open houses: Fri 3/6 & Sat 3/7 Noon-2PM. Incredible investment opportunity to own a duplex with garage parking on Madison's West side. Desirable townhouse floor plans with spacious living areas. Both units have been updated in recent years with updated kitchen cabinets/appliances, new vinyl plank flooring on main level, and new light fixtures. Each unit has it's own 1-car garage plus additional off-street parking - 6401 is attached, 6403 is detached. Separate gas, electrical, and water meters for each unit allow for tenants to pay their own heat, electricity, and water. New electrical panels installed in both units in 2022. 6401 has a new furnace in 2026. Partially finished basement on 6403 side allows for more usable space. Potential to do same in 6401 side for added value. Large spacious lot with no side neighbor is desirable for tenants. Nearly $50K of annual income with a 10.5 GRM makes for a great investment.
Active
$525,000
6401-6403 Raymond Road, Madison, WI 53711
6beds
2,412sqft
Est.:
Multi Family, Duplex
Built in 1976
-- sqft lot
$-- Zestimate®
$218/sqft
$-- HOA
What's special
- --
- on Zillow |
- 211
- views |
- 6
- saves |
Zillow last checked: 8 hours ago
Listing updated: 22 hours ago
Listed by:
Joffre Pedretti Pref:608-698-8503,
Keller Williams Realty,
The Opportunity Team 608-698-8503,
Keller Williams Realty
Source: WIREX MLS,MLS#: 2017568
Originating MLS: South Central Wisconsin MLS
Originating MLS: South Central Wisconsin MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Natural Gas, Forced Air
Appliances
- Included: Water Softener
Features
- Basement: Full,Partially Finished,Concrete
- Has fireplace: No
Interior area
- Total structure area: 2,412
- Total interior livable area: 2,412 sqft
Property
Parking
- Total spaces: 1
- Parking features: 1 Car, Attached, Detached, Garage Door Opener, 1 Space, Outside
- Attached garage spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.3 Acres
Details
- Parcel number: 060801206017
- Zoning: SR-C3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1976
Utilities & green energy
- Electric: Separate Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Electric Meters, Separate Gas Meters
Community & HOA
Community
- Subdivision: Meadowood
Location
- Region: Madison
- Municipality: Madison
Financial & listing details
- Price per square foot: $218/sqft
- Tax assessed value: $453,800
- Annual tax amount: $8,375
- Date on market: 3/6/2026
- Inclusions: 2x Range/Oven, 2x Refrigerator, 2x Dishwasher, 2x Microwave, All Window Blinds, 2x Washer, 2x Dryer, 2x Water Softener
- Exclusions: Seller's Personal Property, Tenants Personal Property
Estimated market value
Not available
Estimated sales range
Not available
$1,893/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Listed for sale | $525,000+40%$218/sqft |
Source:  WIREX MLS #2017568 Report a problem | ||
| 10/3/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/28/2023 | Price change | $1,995-13.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/26/2023 | Listed for rent | $2,295$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/11/2022 | Sold | $375,000$155/sqft |
Source: WIREX MLS #1944351 Report a problem | ||
| 10/10/2022 | Pending sale | $375,000$155/sqft |
Source: WIREX MLS #1944351 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$3,180/mo
Principal & interest
$2532
Property taxes
$648
Climate risks
Neighborhood: Prairie Hills
Nearby schools
GreatSchools rating
- 7/10Huegel Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Toki Middle SchoolGrades: 6-8Distance: 0.9 mi
- 8/10Memorial High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Huegel
- Middle: Toki
- High: Memorial
- District: Madison
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 53711
- Wisconsin
- Dane County
- Madison
- 53711
- Prairie Hills
- 6401-6403 Raymond Road
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