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$750,000
3 Days On Site

5830 Balsam Road
Madison, WI 53711

For Sale|Multi Family|Active
8
Beds
4
Total Baths
4
Full Baths
1961
Built
Subdivision:
Meadowood
County:
Dane
Listing courtesy of Iza Korwel of Keller Williams Realty
5830 Balsam Road5830 Balsam Road5830 Balsam Road5830 Balsam Road
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Monthly Payment (Est.)

$3,422
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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. Approximately half the basement is secured landlord storage, including a small finished office—ideal 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.

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Listing Snapshot
Price 
$750,000
Days On Site 
3 Days
Bedrooms 
8
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.28 Acres
Year Built 
1961
MLS® Number 
2032345
Status 
Active
Property Tax 
$9,058
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
18 hours agoListing updated with changes from the MLS®
yesterdayStatus changed to Active
3 days agoListing first seen on site
General Features
Acres 
0.28
Parking 
OutsideConcreteOff Street
Parking Spaces 
4
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Appliances 
MicrowaveRefrigeratorDryerWater Softener
Basement 
FullPartially Finished
Bedroom 1 
Dimensions - 10x10
Dining Room 
Dimensions - 8x10
Kitchen 
Dimensions - 8x8
Living Room 
Dimensions - 19x11
Primary Bedroom 
Dimensions - 10x12
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Exterior Features
Construction Details 
Brick
Community Features
Accessibility Features 
Accessible Hallway(s)Accessible Full Bath
School District 
Madison
Schools
School District
Madison
Elementary School
Orchard Ridge
Middle School
Toki
High School
Memorial
Listing courtesy of Iza Korwel of Keller Williams Realty



Listing information is provided by Participants of the South Central Wisconsin MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Information is supplied by seller and other third parties and has not been verified. Copyright 2026, South Central Wisconsin MLS Corporation. All rights reserved.
Last checked: 2026-09-11 07:21 AM UTC

Neighborhood & Commute
Source: Walkscore
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