5826 Balsam Road new Save Request In-Person Tour Request Virtual Tour
Madison,WI 53711
Key Details
Property Type Multi-Family
Sub Type Apartment building,2 story
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $218
MLS Listing ID 2011440
Bedrooms 7
Full Baths 4
Year Built 1959
Annual Tax Amount $9,299
Tax Year 2024
Lot Size 0.370 Acres
Acres 0.37
Property Sub-Type Apartment building,2 story
Property Description
Showings begin 11/6/2025. 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!
Location
State WI
County Dane
Area Madison - C W09
Zoning SR-V1
Direction Raymond Road to Leland Drive to Right on Balsam Road
Rooms
Basement Full,Block foundation
Interior
Heating Forced air
Inclusions (5) of each: ovens/ranges, fridges, wall mounted a/c units. One coin-op washing machine and one coin-op dryer.
Heat Source Natural Gas
Exterior
Parking Features Outside
Utilities Available Separate elec meters,Separate gas meters
Building
Water Municipal sewer,Municipal water
Structure Type Brick,Stone
Schools
Elementary Schools Orchard Ridge
Middle Schools Toki
High Schools Memorial
School District Madison