5818 Balsam Road, Madison, WI 53711
5818 Balsam Road, Madison, WI 53711
5818 Balsam Road, Madison, WI 53711
5818 Balsam Road, Madison, WI 53711
5818 Balsam Road, Madison, WI 53711
5818 Balsam Road, Madison, WI 53711
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$ 660,000
Est. payment | /mo

0.37 Acres Lot


Save
$ 660,000
Est. payment | /mo
Save

0.37 Acres Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2034356

Year Built 1959

Annual Tax Amount $9,019

Tax Year 2025

Lot Size 0.370 Acres

Acres 0.37

Property Description

Calling all investors!! Well-maintained four-unit property featuring four identical floor plans, each offering 2 bedrooms, 1 bathroom, and approximately 800 square feet. The property has been cared for by long-term tenants. Recent updates include fresh hallway paint in 2025, updated flooring throughout in 2023, and a new furnace and water heater in Unit 3 in 2025. The property also offers a clean, dry basement with additional storage space. Ideally located on Madison?s West Side, with convenient access to the bus line, shopping, dining, and the many amenities the area has to offer. A great opportunity for investors seeking a well-maintained, income-producing property in a desirable location.

Location

State WI

County Dane

Zoning SR-V1

Rooms

Basement Full, Poured Concrete

Interior

Heating Natural Gas

Cooling Forced Air

Inclusions Range / Oven (4), Refrigerator (3)

Exterior

Exterior Feature Vinyl, Aluminum/Steel, Brick

Utilities Available Separate Electric Meters, Separate Gas Meters

Building

Dwelling Type Apartment Building,2 Story

Story 1 - 2

Sewer Municipal Water, Municipal Sewer

New Construction N

Schools

Elementary Schools Orchard Ridge

Middle Schools Toki

High Schools Memorial

School District Madison

Listed by RE/MAX Preferred

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5818 Balsam Road