$525,000
SOLD MAY 22, 2026
-- Bed
-- Bath
4,900 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: May 22, 2026

$107 Per Sq Ft

5% Below List Price

55 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Outdoor Storage
  • Vel Phillips Memorial High School Rated A
  • Fireplace
  • Family Room

About This Home

As of May 2026

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

Last Agent to Sell the Property

Jo Ferraro

EXP Realty, LLC Brokerage Phone: 608-838-1377 Listed on: 02/24/2026

EXP Realty, LLC

Last Buyer's Agent

Corey Fischbach

NextHome Strategy License #58496-90

NextHome Strategy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,410

Year Built

  • Built in 1964

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Family Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • Detached Garage
  • 4 Open Parking Spaces
  • Outside Parking

Schools

  • Orchard Ridge Elementary School
  • Toki Middle School
  • Memorial High School

Utilities

  • Radiant Heating System
  • Separate Meters

Additional Features

  • Outdoor Storage
  • 9,148 Sq Ft Lot

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0709-313-1034-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,410

Year Built

Built in 1964

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Excluded: Tenant Personal Property
  • Items Included: 5 Ranges/ovens 5 Fridges, 4 water heaters, 3 Dishwashers
  • Miscellaneous: Shared laundry
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished, Poured concrete foundatn
  • Number Dish Washers: 3
  • Number Units W Ac: 4

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Detached, Outside
  • Utilities: Separate elec meters

Schools

  • Elementary School: Orchard Ridge
  • High School: Memorial
  • Middle School: Toki
  • School District: Madison

Lot Info

  • Estimated Aces: 0.21
  • Zoning: SR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 45600

Tax Info

  • Net Taxes: 9410
  • Tax Year: 2025
  • Assessor Parcel Number: 0709-313-1034-9

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of3 Bedrooms: 3
  • Number Of Units: 4

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/22/2026 05/22/26 Sold $525,000 -4.5% $107 / Sq Ft
03/02/2026 03/02/26 For Sale $550,000 +4.8% $112 / Sq Ft
02/25/2026 02/25/26 Off Market $525,000 -- --
02/24/2026 02/24/26 For Sale $550,000 -- $112 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2017225

South Central Wisconsin Multiple Listing Service

APN: 0709-313-1034-9

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