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Street View
$690,000
Monthly Est:$3,434
-- Bed
- -- Bath
--sqft
5830 Balsam Rd, Madison, WI 53711
$690,000
$3,434/moEst:
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Multi Family
Built in 1961
$-- HOA
12,196.8 sqft lot
--/sqft
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.
- Houzeo last checked: 12 hours ago
- Listing updated: October 19, 2026 at 2:27 pm
- Listing Provided by: Iza Korwel (608) 292-5012 | Keller Williams Realty (608) 831-0800
- Source: WIREX | MLS#: 2032345

- Originating MLS: South Central Wisconsin MLS
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1961
HOA Fees
-
Finished Area
- sqft
Lot Size
12,196.8 sqft lot
Basement Area
- sqft
MLS Name
WIREX
MLS Number
2032345

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
Steam, Natural Gas
Other Features
Subdivision Name
Meadowood
Price History
| Date | Event | Price |
|---|---|---|
09/10/2026 Source: | Price Increased | $750,000 +8.70% $0/sqft |
09/10/2026 Source: | Price Decreased | $690,000 -4.43% $0/sqft |
09/10/2026 Source: | Price Increased | $722,000 +4.64% $0/sqft |
09/10/2026 Source: | Listed for Sale | $690,000 $0/sqft |
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Based on information received from WIRES/RANW MLS through Nov 02, 2026, 02:15PM. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Houzeo nor RANW MLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. ©2026 RANW MLS, Inc. All rights reserved.
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