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5830 Balsam Road Madison, WI 53711 • Multi Unit - Multiple • Active

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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 Highlights

Property Type: Multi Unit - Multiple

General Information

County: Dane
High School: Memorial
Subdivision: Meadowood
Listed By:
Keller Williams Realty Pref: 608-292-5012
SCWMLS

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
$750,000
Est. $5,055/mo

Listing Courtesy of: Keller Williams Realty
Agency Contact: Pref: 608-292-5012
IDX logo


New to the Market Active
BEDS0 BATHS MLS#2032345
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMeadowood SCHOOLMadison
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Shown By

Sandy Huizenga
 (563) 321-7996

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5830 Balsam Road, Madison, WI 53711.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $750,000$750,000$750,000
Down Payment $150,000$26,250$187,500
Monthly Mortgage Amount $3,792$4,655$4,709
Taxes $1044$1044$1044
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$330$0
Monthly Estimated Total $5,055$6,248$5,972

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 09/11/2026. The listing information on this page last changed on 09/11/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 09/11/2026 12:02:50 AM EST) or MRED MLS (last updated Thu 09/10/2026 11:58:24 PM EST) or SCWMLS (last updated Thu 09/10/2026 11:55:20 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 09/10/2026 10:20:06 PM EST) or Cedar Rapids MLS (last updated Thu 09/10/2026 10:44:47 PM EST) or NEIRBR MLS (last updated Thu 09/10/2026 11:58:52 PM EST) or ICAAR MLS (last updated Thu 09/10/2026 11:37:38 PM EST) or ECIMLS (last updated Thu 09/10/2026 11:44:44 PM EST) or RMLSA (last updated Fri 09/11/2026 12:01:09 AM EST) or Muscatine MLS (last updated Fri 09/11/2026 12:00:19 AM EST) or No Coast MLS (last updated Thu 09/10/2026 11:54:34 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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