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5837 Raymond Road Madison, WI 53711

View on Map
For Sale
Under Contract
$550,000

Apartment building,2 story - Madison, WI

Lot size:
0.26 Acres
Added:
Mar 11, 2026
Days on Market:
22
Last Refresh:
Apr 1 at 8:06 am

Property Features for 5837 Raymond Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
SR-V1
Bedrooms
12
Rooms
Basement, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Parking
4
Parking features
Garage
Interior features
Water Softener Owned
Basement Y/N
1
Appliances
Dishwasher
Standard status
Active Under Contract
APN
0609-062-0309-1
Lot size
0.26 Acres

Taxes and HOA fees

TaxYear
2025
TaxAnnualAmount
10311

Utilities

Utilities
Water Available
Heating system
Radiant

Building Details

Year built
1961
Floors in Building
2
Number of units
4
Building materials
Brick
Architectural style
Other

We can help!

Listing Contact
Jo Ferraro Real Estate Team

Listing agent Jo Ferraro Real Estate Team

Listing office EXP Realty, LLC 4810 Larson Beach Rd, Middleton, WI

Listing date Mar 11, 2026

MLS# 2017218 Listing URL

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Madison Multifamily Investment Opportunity

This solid brick four-unit apartment building presents an investor opportunity with immediate upside potential. The property features oversized three-bedroom layouts with one to two and a half baths, designed to attract long-term tenants and support future rent growth. Current leases are month-to-month, offering flexibility for repositioning rents toward market levels, estimated around $1,800 per unit. A partially finished lower level offers the potential for an additional unit or added income space, subject to buyer verification. Key improvements include a roof and front windows that are approximately 10 years old, along with some newer water heaters. Situated on Madison’s west side, the property is near major employers, shopping, and transit corridors, providing both stability and long-term appreciation potential. The lot size is 0.26 acres. The property is zoned SR-V1. The building is a two-story structure. The property is located in Dane County.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Madison
County
Dane
State
Wisconsin
Longitude
-89.482778
Latitude
43.03161

FAQs

What type of property is this?
Quadplex - Four-unit building with upside potential on Madison's west side.
Where is this quadplex located?
The property is located at 5837 Raymond Road Madison, WI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Rare, oversized 3‑bedroom layouts in all 4 units, appealing to long‑term tenants.; Immediate upside potential due to month‑to‑month leases allowing for repositioning rents to market levels (estimated $1,800 per unit).; Well‑located on Madison's west side near major employers, shopping, and transit corridors.
More about this property
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