5830 Balsam Rd

Madison, WI 53711
  • $690,000

    Price
  • 777

    SqFt
  • 0.28

    Acre

About the Listing 888 - 41293

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.

Listing Highlights for 5830 Balsam Rd

Status Active
Days on Site 35
Property Type Multi-Family
MLS ® 2032345
Year Built 1961
Total Square Footage 777
Lot/Acreage 0.28
County Dane
School District Madison
Elementary School Orchard Ridge
Middle School Toki
High School Memorial

Interior Details

  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement: Full,Partially finished,Poured concrete foundatn,Daylight window,Laundry facilities,Storage area
  • Other: Air conditioning,Range/oven,Refrigerator,Shared basement
  • Water:

Exterior Details

  • Lot Description: 366400
  • Garage Capacity: N/A
  • Zoning: SR-V1
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: 2 Space

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

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Listing Location

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5830 Balsam Rd Madison, WI 53711

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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