BEDS0
BATHS
MLS#2032345
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMeadowood
SCHOOLMadison
Listing Courtesy of:
Keller Williams Realty
Agency Contact: Pref: 608-292-5012
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Fuel Type: Natural Gas
Home Style: Apartment building, 2 story
Stories: 2.0
Taxes: $9,058
Year Built: 1961
Units
Unit 1:
Bedrooms: 2
Full Baths: 1
Parking Description: 2 Space
Square Feet: 777
Unit 2:
Bedrooms: 2
Full Baths: 1
Parking Description: 2 Space
Square Feet: 777
Unit 3:
Bedrooms: 2
Full Baths: 1
Parking Description: 2 Space
Square Feet: 777
Unit 4:
Bedrooms: 2
Full Baths: 1
Square Feet: 777
Amenities
Brick
Feature Descriptions
Days on Site: 1
Exterior: Brick
Units: 4
Water/Waste: Municipal water, Municipal sewer
Local Schools
High School: Memorial
Middle School: Toki
Elementary School: Orchard Ridge
School District: Madison
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty
Agency Contact: Pref: 608-292-5012
Shown By
Agent Name: Debbie Demars
Agent Phone: (815) 621-5862
Agency Title: Dickerson & Nieman Realtors
Estimate Your Payment
Estimated Payment
$ 2,642.76 per month $1,669.17 Principal & Interest $754.83 Property Tax $218.75 Homeowner's InsuranceChange Payment Information
Debbie Demars
Cell: (815) 621-5862
Email Me
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5830 Balsam Road | MLS# 2032345
This multi-family property located at 5830 Balsam Road, Madison, WI 53711 is currently listed for sale with an asking price of $750,000. Balsam Road is located within the Madison school district. Search Madison real estate on debbiedemars.dickersonnieman.com today.