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$722,000

For Sale

A month ago

5830 Balsam Rd, Madison, WI

House

MLS® 2032345

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $9,058
Days Active 28
Lot Size 0.28 Acres
Approx. Age 1961
MLS® Number 2032345

Property Address: 5830 Balsam Rd, MADISON, WI, 53711-4247

Average square foot calculated using Size range provided by listing agent.

Description

Investor opportunity! This well-maintained 4-unit property offers meaningful updates and landlord-friendly features. Recent improvements include new windows (2026), insulated walls and attic (2023), and water heater (2022). Two upper units have been remodeled with updated flooring, and all units feature split-system AC/heat pumps for added year-round comfort. Each unit includes two tandem parking spaces and separately metered electricity, paid by tenants. Owner pays heat and water/sewer; property has its own water softener. Shared basement coin-operated laundry provides convenient tenant access and additional owner income ( $200/mo). Approximately half the basement is secured landlord storage, including a small finished office?can be used for supplies, records, or on-site management. All units rented, two with long term tenants in place. Convenient Madison location near shopping, dining, parks, transit, and commuter routes.
MLS® Number2032345
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1961
BasementFull, Partially Finished, Poured Concrete
Driveway2 Space, Outside
Garage Spaces
HeatSteam
A/C

Extras

4 ranges/ovens, 4 refrigerators, 2 microwaves, 2 dryers, 1 washer.

Rooms

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Family Room:undefinedxundefined

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 10, 2026List Date
$722,000List Price
  • Commute

Commute

Starting Address
Destination Address
5830 Balsam Rd, Madison, WI

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