Excellent opportunity for an investment property! 4 units receiving $44,700 annual rent income for the price of $379,500! Total utility cost to the owner for the past 12 months: Water-$1,395.78; electric - $551,18; Gas-$1165.91; 12 months utility bills available upon request; Lots of upgrades: 4 water heaters 2019, 2015, 2016 & 2017; boiler 2010; water softener 2018, 2 coined-dryers 2018; Unit 1 has a finished basement in 2017; hallway carpet 2018; Large storage for owner to use in basement; Two detached garage currently used by Unit 2 & 3; Possible 1031 exchange.
- MLS# 121536717299
- Date Listed03/06/2026
- Bedrooms 8
- Bathrooms 4 Full baths
- Lot Size 0.24 acres (10,629 sq. ft)
- Sewer Public Sewer
- Property Type Multi Family
- County DANE
- Year Built 1958
- Water Public
- Square Feet 2,298 sq. ft
- Price Per Sq. Ft $158.83
Interior Features
- Appliances Water Softener
- Heating Natural Gas, Steam
Exterior / Lot Features
- Roof -
- Lot Size Acres 0.24
- Lot Size SQFT 10,628.64
- Lot Features -
Directions
Beltline to South on Whitney Way, to right on Russett Rd
Financial Considerations
- Tax Amount $5,148
- Terms Cash, Conventional, FHA, VA Loan
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 914 Arden Lane | Listing | 5 | 3 | Feb 23, 2026 | $389,900 | Feb 15, 2023 | $382,000 |
| 5830 Suffolk Road | 3 | 2 | Feb 18, 2026 | $425,000 | Mar 06, 2026 | - |
| 1910 Seminole Highway | Listing | 3 | 1 | Feb 23, 2026 | $245,000 | Feb 23, 2024 | $263,448 |
| 7817 Starr Grass Drive | 3 | 3 | Jan 16, 2026 | $450,000 | Mar 06, 2026 | - |
| 6263 Stone Gate Drive | 4 | 3 | Jan 16, 2026 | $750,000 | Mar 06, 2026 | - |
| 4509 Windigo Trl | 3 | 2 | Jan 06, 2026 | $389,900 | Mar 06, 2026 | - |
| 2410 Ravenswood Road | 4 | 2 | Jan 16, 2026 | $400,000 | Mar 06, 2026 | - |
| 2654 Smithfield Dr | 3 | 2 | Jan 26, 2026 | $325,000 | Mar 06, 2026 | - |
| 914 Arden Lane | 5 | 3 | Feb 23, 2026 | $389,900 | Mar 06, 2026 | - |
| 1910 Seminole Highway | 3 | 1 | Feb 23, 2026 | $245,000 | Mar 06, 2026 | - |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 50,958 | 259,206 | 563,361 | 335,858,263 |
| Population Density | 1,975 | 3,249 | 471 | 95 |
| People per Household | 2.4 | 2.2 | 2.3 | 2.6 |
| Median Age | 39.9 | 35.8 | 38.2 | 39.1 |
| Median Income | $84,032 | $68,690 | $77,623 | $66,222 |
| Average Income | $45,621 | $41,025 | $42,596 | $35,475 |
| Cost of Living Index | 92 | 79 | 88 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 6.2°F | 5°F | 5°F | 22.6°F |
| July Avg. High Temp | 80.6°F | 83.6°F | 83.6°F | 86.2°F |
| Annual Precipitation | 33.48" | 36.55" | 36.55" | 38" |
30/100
Car-Dependent
Walk Score ®
38/100
Some Transit
Transit Score ®
63/100
Bikable
Bike Score ®
Overview
Most errands require a car. A few nearby public transportation options. Some bike infrastructure.
Transit Summary
5 nearby routes: 5 bus, 0 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 29/100, Transit Score: 24/100, Bike Score: 54/100.
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Frequently Asked Questions for 5802 Russett Rd
Source: Realty.com
5802 Russett Rd, Madison, WI 53711 is a Multi Family, Residential Income property listed for $365,000 The property is 2298 sq. ft with 8 bedrooms and 4 bathrooms
Realty.com has 28 photos of 5802 Russett Rd.
Our records indicate that 5802 Russett Rd was built in 1958.
The full address for this home is 5802 Russett Rd, Madison, WI 53711.
Most errands require a car. A few nearby public transportation options. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 29/100, Transit Score: 24/100, Bike Score: 54/100.
There are 3 schools assigned to this home. Check out the schools near 5802 Russett Rd. Orchard Ridge (Grades: K - 5), Toki Middle School (Grades: 6 - 8), Memorial High School (Grades: 9 - 12)
This content last refreshed on 2026-03-06 10:48:42. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 5802 Russett Rd, Madison, WI 53711 : MLS# 121536717299