5826 Balsam Road, Madison, WI 53711

Madison
Local realty services provided by:ERA MyPro Realty
Listed by: lori schilling
Office: sprinkman real estate
MLS#:2011440
Source:Metro MLS
5826 Balsam Road,Madison, WI 53711
$689,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$689,000

About this home

Fantastic investment opportunity on Madison?s west side! This well-maintained 5-unit property at 5826 Balsam Rd offers a strong rental history and excellent cash flow potential. Each spacious unit features functional layouts, kitchens and baths, and off-street parking. Tenants enjoy convenient access to parks, shopping, dining, and bus routes?making it an easy property to keep fully leased. On-site laundry and separate utilities enhance tenant appeal and owner convenience. Whether you?re expanding your portfolio or seeking a solid first investment, this turnkey multi-family property is a smart buy in a prime location! All new 5th unit is a bonus!

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Home facts

  • Year built:1959
  • Listing ID #:2011440
  • Added:233 day(s) ago
  • Updated:December 20, 2025 at 05:19 PM

Rooms and interior

  • Basement Description:Full

Heating and cooling

  • Cooling:Forced Air
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1959
  • Lot area:0.37 Acres
  • Construction Materials:Brick, Stone
  • Foundation Description:Block
  • Levels:2 Story

Schools

  • High school:Memorial
  • Middle school:Toki
  • Elementary school:Orchard Ridge

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$689,000
  • Tax amount:$9,299 (2024)

Features and amenities

  • Amenities:Separate Electric Meters, Separate Gas Meters

Parking

  • Parking description:Outside
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