Date
Details
Price
Change
Source
3/02/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/20
$550,000 Just Listed
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1/20
Property Description
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
Full Property Details
Full Property Details for 5837 Raymond Rd
General
- Price: $550,000
- Taxes: $10,311 (2025)
- Status: Active
- Type: Apartment
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2017218
- Updated: Today (3/2/2026)
- Added to Site: Today
Interior
- Interior Features: Water Softener
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Outside
- Garage Description: 1 Car, Detached
Location
- Municipality: Madison
- County: Dane
- Driving Directions: Take US-51 N to US-12 W/US-18 W in Monona. Continue on US-12 W/US-18 W to Madison. take exit 258 to merge onto US-151 S/US-18 W. Drive to Raymond Rd
School Information
- School District: Madison
- Elementary School: Orchard Ridge
- Middle School: Toki
- High School: Memorial
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Radiant/Electric
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
- Utility Description: Separate Electric Meters
Structural Information
- Description/Design: Apartment Building, 2 Stories
- Exterior Const.: Brick
- Basement Desc.: Full, Partially Finished, Poured Concrete
- Year Built: 1961
Unit Information
- Units in Building: 4
Unit 1
- Square Feet: 1870
- Bedrooms: 3
Unit 2
- Square Feet: 1000
- Bedrooms: 3
- Primary Bedroom: Main Level, 11 x 11
- Living Room: Main Level, 18 x 12,
- Kitchen: Main Level, 15 x 9,
Unit 3
- Bedrooms: 3
Unit 4
- Bedrooms: 3
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: SR-V1
Financial Considerations
- Tax Amount: $10,311
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Tenant Personal Property
- Inclusions: 4 stoves/ovens 4 Fridges, 4 Water Heaters, 3 Dishwashers
Listed by EXP Realty, LLC
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Listing agents
— 5837 Raymond Rd —
EXP Realty, LLC
EXP Realty, LLC
NMLS#: 1598647
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Schools
Schools serving 5837 Raymond Rd
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Orchard Ridge Elementary School 5602 Russett Road, Madison, WI 53711 | PK-5 | 0.5 mi |
Toki Middle School 5606 Russett Road, Madison, WI 53711 | 6-8 | 0.4 mi |
Memorial High School, Madison, WI 201 South Gammon Road, Madison, WI 53717 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5837 Raymond Rd
Tax History
Tax History for 5837 Raymond Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,396
23%
$545,000
15%
2022
$7,662
-8%
$475,000
17%
2021
$8,318
9%
$405,000
—
2021
$7,636
—
$405,000
15%
2020
$7,636
5%
$352,000
5%
2019
$7,259
6%
$335,000
6%
2018
$6,828
-2%
$315,000
2%
2017
$6,996
12%
$309,200
15%
2016
$6,240
4%
$269,200
5%
2015
$6,016
-3%
$256,200
—
2014
$6,207
-1%
$256,200
—
2013
$6,263
—
$256,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5837 Raymond Rd
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
- 1,790Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 4Total Baths
- 2,870Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 2,195Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 2Total Baths
- 2,338Sq. Ft.
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- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 2,112Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,866Sq. Ft.
- Condo
- Active
- Updated 1 hour ago
- 2Beds
- 3Total Baths
- 1,851Sq. Ft.
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5837 Raymond Road, Madison, WI 53711 (MLS# 2017218) is a Apartment property with 0 bedrooms and 0 full bathrooms. 5837 Raymond Road is currently listed for $550,000 and was received on March 02, 2026. Want to learn more about 5837 Raymond Road? Do you have questions about finding other Apartment real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.