Listed by Sue Romens • First Weber, Inc (HomeInfo@firstweber.com). Bought with Keller Williams Realty.
Off Market Feb 2023 for $1.2M
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Est. refi paymentEst. refi$7,557/mo
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bd
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— ba
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sq ft
5726 Russett Rd, Madison, WI 53711
About this home
Public Remarks: BACK ON MARKET due to failed financing. 4x3Bd/2Ba and 4x2 Bd/1Ba units in well-maintained, brick/vinyl 2-story, updated apts, wood/tile floors. +$65k updates Aug-Oct '22: steel roof, concrete driveway, resurfaced & striped lot, +more. 1 parking space/unit; 2 extra stalls rentable+1 leased coin W/ D provides additional income. Separate electric meters, LL shared laundry (W/ D hookups exist for 8 units), LL secure/private tenant storage, LL walkout. Within 1 block: bus line, shopping, schools, employment & bike routes. 100% Occupied, long term tenants, turnkey. 1 MM lease, owner can occupy. 3 leases renew Q1 2023. Current rents below fair market value. RentOMeter avg rent in this location is $1776/3Bd. Great opportunity for higher Cash Flow, ROI & Equity. Seller may execute 1031 exchange.
Multi-familyProperty Type
1962Year Built
0.54 acresLot Size
1 spaceParking
Listed by Sue Romens• First Weber, Inc
Listed by Rachel Romens• First Weber, Inc
Contact: HomeInfo@firstweber.com
Bought with Carolyn Bostick• Keller Williams Realty
Living In Madison Real Estate Group • Keller Williams Realty
See all
Provided by Redfin
Sale history for 5726 Russett Rd
Date
Event
Price
Public Records
Feb 22, 2023
Sold
$1,200,000
Public Records
Jun 28, 2022
Sold
$900,000
Public Records
Sep 7, 2005
Sold
$565,000
Year
Property tax
Land + Additions
Assessment*
2025
$22,296 (+5.4%)
$210,000 + $990,000
$1,200,000
2024
$21,160 (−3.1%)
$210,000 + $990,000
$1,200,000
2023
$21,846 (+130.8%)
$210,000 + $990,000
$1,200,000
2022
$9,466 (+6.1%)
$132,000 + $350,000
$482,000
2021
$8,922 (+0.1%)
$132,000 + $287,000
$419,000
2020
$8,909 (+14.6%)
$132,000 + $267,000
$399,000
2019
$7,773 (+5.3%)
$132,000 + $215,000
$347,000
2018
$7,379 (+14.3%)
$132,000 + $198,000
$330,000
2017
$6,456
$132,000 + $147,000
$279,000
Tax history for 5726 Russett Rd
Year
Property tax
Land + Additions
Assessment*
2025
$22,296 (+5.4%)
$210,000 + $990,000
$1,200,000
2024
$21,160 (−3.1%)
$210,000 + $990,000
$1,200,000
2023
$21,846 (+130.8%)
$210,000 + $990,000
$1,200,000
2022
$9,466 (+6.1%)
$132,000 + $350,000
$482,000
2021
$8,922 (+0.1%)
$132,000 + $287,000
$419,000
2020
$8,909 (+14.6%)
$132,000 + $267,000
$399,000
2019
$7,773 (+5.3%)
$132,000 + $215,000
$347,000
2018
$7,379 (+14.3%)
$132,000 + $198,000
$330,000
2017
$6,456
$132,000 + $147,000
$279,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
0.54 Acres
Year renovated
2022
Sq. Ft.
3,838
Year built
1962
Style
Multi-Family (5+ Unit)
County
Dane County
APN
070931310307
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Aug 6, 2026.
SR-V1
Suburban Residential-Varied 1 District
The SR-V Districts are established to stabilize and protect the essential characteristics of residential areas of varying densities and housing types, typically located in the outlying parts of the City, and to promote and encourage a suitable environment for family life while accommodating a full range of life-cycle housing. The districts are also intended to; Ensure that new buildings and additions to existing buildings are designed with sensitivity to their context in terms of building placement, facade width, height and proportions, garage and driveway placement, landscaping, and similar design features; Maintain and improve the viability of existing housing of all types, while encouraging the updating of older housing in a context-sensitive manner; Maintain or increase compatibility between residential and other allowed uses, and between different housing types, where permitted, by maintaining consistent building orientation and parking placement and screening; Facilitate the preservation, development or redevelopment goals of the comprehensive plan and of adopted neighborhood, corridor or special area plans.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Retail-Grocery
Housing-Group
Housing-Single unit
Housing-Multiple units
Fire house
Police station
Communications tower
Park & open space
Jan 10, 2011 • Final
Repair or replace electrical
Install lighting for a parking lot.
Electrical
Aug 19, 2009 • Active
Permitting/building/repairreplace/plumbing
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking: 1 Space, Outside
Interior
Room Information
Full, Walk Out/Outer Door, Poured Concrete
Multi-Unit Information
# of Units: 8
Unit 1 Information
Sq. Ft.: 1,050
# of Baths (1/2): 0
# of Baths (Full): 2
# of Bedrooms: 3
Dining Area Description: Level - Main
Dining Area Dimensions:
Unit 2 Information
Sq. Ft.: 1,050
# of Baths (1/2): 0
# of Baths (Full): 2
# of Bedrooms: 3
Master Bedroom Description: Main Level
Bedroom 2 Description: Main Level
Bedroom 3 Description: Main Level
Kitchen Description: Main Level
Dining Area Description: Level - Main
Unit 3 Information
# of Baths (Full): 2
# of Bedrooms: 3
Unit 4 Information
# of Bedrooms: 3
# of Baths (1/2): 0
# of Baths (Full): 2
Exterior
Building Information
Building Type: Apartment Building, 2 Story
Stories: 1-2
Environmentally Friendly: Energy Star Appliances
Exterior
Exterior: Vinyl, Brick
Property Information
Stories: 1-2
Multi-Family
Information Source Year Built: Other - See Remarks
Lot Information
Lot Acreage: 0.54
Zoning: SR-V1
Subdivision
Subdivision: 1ST ADDITION TO MEADOWOOD
Financial
Tax Information
Total Taxes: $9,466
Tax Year: 2022
Utilities
Utility Information
Municipal Water, Municipal Sewer
Separate Electric Meters
Heating/Cooling: Radiant/Electric
Natural Gas
Location
Neighborhood Information
Municipality: MADISON
Municipality Type: City
School Information
School District: Madison
Elementary School: Orchard Ridge
Middle School: Toki
High School: Memorial
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,838
Stories: 2.0
Lot Size: 0.54 acres
Style: Multi-Family (5+ Unit)
Year Built: 1962
Year Renovated: 2022
County: Dane County
APN: 070931310307
Home facts updated by county records on Aug 6, 2026
Other
Listing Information
SaleType: Arms Length
Inclusions: Refrigerators(8), Stove/Ovens(8), Dishwashers(4), Wall AC Units (8), Water Heaters(8), all landlord owned window treatments
Exclusions: Sellers' and Tenants' personal property. Coin Washer (1) & Dryer (1) on site, currently leased on a 50/50 income split; lease can be cancelled.
Around this home
Schools
Orchard Ridge Elementary School
Public PreK-5 • Assigned • 0.2mi
6/10
Toki Middle School
Public 6-8 • Assigned • 0.2mi
5/10
Memorial High School
Public 9-12 • Assigned • 2.4mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 98° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Madison, WI • 53711
Average low and high temperatures (°F)
26
11
35
18
52
31
61
41
71
48
81
61
84
66
80
62
78
56
66
46
47
34
32
18
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 3.5 hours in December, placing it below the
U.S. average for solar exposure.