5830 Balsam Road Madison, WI $ 750,000
5830 Balsam Road
$ 750,000
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5830 Balsam Road

Madison, WI, 53711
$ 750,000
Bedrooms8 Baths4.0 Sq 3,108

Monthly Estimate*

$ 4,736

Listed by Keller Williams Realty
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Multi-Family Home for sale in Madison, WI

for $750,000 with 8 bedrooms and 4 full baths. This 3,108 square foot home was built in 1961 on a lot size of 0.28.

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.

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Multi-Family Active

Price

$ 750,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,058

Style

Lot Size

0.28

Year Built

1961

Town/City

Madison

County/Region

Dane

MLS | Web ID

2032345

Features
Interior
Heating Type Steam
Basement Full Partially finished Poured concrete foundatn Daylight window Laundry facilities Storage area
Total Number of Units 4
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General
Heating Natural Gas
Utilities Separate elec meters Heat Included Sewer Included Water Included
Zoning SR-V1
School District Madison
Subdivision Meadowood
County Dane
Miscellaneous Water Softener Owned
Class Multi Family
Accessibility Features First floor bedroom First floor full bath Minimum hallway 36
Tax Year 2025
Status Active
Status Detail 0
Year Built 1961
Directions Take Whitney Way exit (exit 257) South right onto Raymond Rd left onto Leland Dr right onto Balsam Rd.
High School Memorial
City Madison
Elementary School Orchard Ridge
Middle School Toki
DOM 3
County Qtr Section West Metro Madison
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Exterior
Exterior Brick
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* Excluded Features
List By
Keller Williams Realty

Broker

(608) 292-5012

Phone

izabela@thekorwels.com

Email

Affordability Calculator

$5,490
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,736
Monthly Property Taxes
$755
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1832992 Elementary School
1568527 Middle School
Memorial High School High School
Pricing History
DatePricePrice ChangeDescription
9/10/2026$750,000 Listed Price

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5830 Balsam Road, Madison, WI, 53711 is a Multi-Family Home for sale at $750,000 with 3,108 sqft and a lot size of 0.28. 5830 Balsam Road has 8 bedrooms, 4.0 baths, and was built in 1961. The property's zip code is 53711 which is in Madison, WI