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$722,000

5830 Balsam Road, Madison WI, 53711

Built in1961
Property typeMulti-family
Listed by Keller Williams Realty

Overview

Active

Listed Sep 8, 2026

Updated 10 days ago

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.

$4,803/mo

Est. mortgage payment based on a $722,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$9,058
Tax Frequency
Annually

Listed by Iza Korwel with Keller Williams Realty 608-292-5012 ]]

Based on information from South Central Wisconsin Multiple Listing Service Corporation as of 10/1/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

© 2026 South Central Wisconsin Multiple Listing Service Corporation. All Rights Reserved.

Data last updated 3:28 AM UTC, 10/1/2026

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