$700,000

5826 Balsam Road, Madison, WI 53711

Multi-Family Home
Built in 1959
0.37acre lot
—— car garage
$——/sqft
Listed 7 days ago

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!

Listing Status:: Active
Listing Office:: Sprinkman Real Estate : 6084679596
Listing Agent:: Lori Schilling : 6082794313
MLS ID:: 804273503258

Basement: FullBlock
A/C: Forced Air

General: BrickStone
Parking: Outside

General: Apartment Building2 Story

Originating MLS: WIREX_SCW
School District: Madison
County: DANE

Zoning: SR-V10609-062-0318-2

Utilities: Separate Electric MetersSeparate Gas Meters
Sewer: Municipal WaterMunicipal Sewer

Source: WIREX_SCW
Exclusions: seller/tenant's personal property

This listing courtesy of Lori Schilling, Sprinkman Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Orchard Ridge Elementary School

5602 Russett Rd, Madison, WI, 53711

Grades PK-5

0.40 miles away

Akira Toki Middle School

5606 Russett Rd, Madison, WI, 53711

Grades 6-8

0.40 miles away

Memorial High School

201 S Gammon Rd, Madison, WI, 53717

Grades 9-12

2.47 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.