Seller's Agent in 2026
Jo Ferraro
EXP Realty, LLC
(608) 445-2287
4 in this area
969 Total Sales
5837 Raymond Rd Madison, WI 53711
Meadowood Neighborhood
--
Bed
--
Bath
4,990
Sq Ft
11,326
Sq Ft Lot
Highlights
- Wood Flooring
- Balcony
- Property is near bus stop
- Vel Phillips Memorial High School Rated A
- Detached Garage
- Outdoor Storage
About This Home
As of April 2026No 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
Last Agent to Sell the Property
EXP Realty, LLC Brokerage Phone: 608-838-1377 Listed on: 02/24/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,311
Year Built
- Built in 1961
Home Design
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 2-Story Property
- Family Room
- Wood Flooring
Kitchen
- Oven or Range
- Dishwasher
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Shared Basement
Parking
- Detached Garage
- Outside Parking
Outdoor Features
- Balcony
- Outdoor Storage
Schools
- Orchard Ridge Elementary School
- Toki Middle School
- Memorial High School
Utilities
- Radiant Heating System
- Separate Meters
- Water Softener is Owned
Additional Features
- 11,326 Sq Ft Lot
- Property is near bus stop
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 0609-062-0309-1
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 23, 2015
Sold by
Bouffiou Anthony D
Bought by
Bouffiou Thomas C and Bouffiou Terri A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$131,487
Interest Rate
3.25%
Mortgage Type
Commercial
Estimated Equity
$528,377
Purchase Details
Closed on
Apr 8, 2005
Sold by
Christensen Matthew S and Christensen Alicia M
Bought by
Bouffiou Anthony D and Bouffiou Thomas C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Knight Barry Title Svcs Llc | |
| Warranty Deed | $435,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $220,000 | Commercial | |
| Closed | $260,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/17/2026 04/17/26 | Sold | $570,000 | +3.6% | $114 / Sq Ft |
| 03/02/2026 03/02/26 | For Sale | $550,000 | -3.5% | $110 / Sq Ft |
| 02/25/2026 02/25/26 | Off Market | $570,000 | -- | -- |
| 02/24/2026 02/24/26 | For Sale | $550,000 | -- | $110 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
Agents Affiliated with this Home
-
Jo Ferraro
-
Corey Fischbach
Buyer's Agent in 2026
Corey Fischbach
NextHome Strategy
(608) 770-9148
1 in this area
29 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 2017218
APN: 0609-062-0309-1
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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