WI > Madison
Madison, WI 53711,5826 Balsam Road
Madison, WI 53711,5826 Balsam Road
Madison, WI 53711,5826 Balsam Road
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Listed by Sprinkman Real Estate
$700,000
Est. payment /mo
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7 Beds
4 Baths
3,200 SqFt
New

5826 Balsam Road Madison, WI 53711

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Jean Knickelbine

Jean Knickelbine

+1(608) 345-2600

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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

South Central Wisconsin MLS (SCWMLS)
This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2025 South Central Wisconsin MLS Corporation. All rights reserved

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Jean Knickelbine

Jean Knickelbine

Realtor | License ID: 78536-94

+1(608) 345-2600

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5826 Balsam Road

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