5818 Balsam Road Madison, WI ^$ 660,000

5818 Balsam Road

^$ 660,000

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Recently Listed

5818 Balsam Road

Madison, WI, 53711

^$ 660,000

Bedrooms8 Baths4.0 Sq 3,200

Monthly Estimate*

^$ 4,558

Listed by RE/MAX Preferred

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Multi-Family Home for sale in Madison, WI

for $660,000 with 8 bedrooms and 4 full baths. This 3,200 square foot home was built in 1959 on a lot size of 0.37.

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 Madisonâs 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.

Multi-Family Active

Price

^$ 660,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 9,019

Style

Lot Size

0.37

Year Built

1959

Town/City

Madison

County/Region

Dane

MLS | Web ID

2034356

Features

Interior

Heating Type Forced air

Basement Full Poured concrete foundatn

Total Number of Units 4

General

Heating Natural Gas

Utilities Separate elec meters Separate gas meters

Zoning SR-V1

School District Madison

County Dane

Miscellaneous Close to bus line

Class Multi Family

Tax Year 2025

Status Active

Status Detail 0

Year Built 1959

Directions South on Whitney way Right on Thrush Lane Right on Balsam

High School Memorial

City Madison

Elementary School Orchard Ridge

Middle School Toki

DOM 1

County Qtr Section West Metro Madison

Exterior

Exterior Vinyl Aluminum/Steel Brick

* Excluded Features

List By

Re/Max Preferred

Broker

(608) 334-8635

Phone

Lauren@TheBlueprintGroup.com

Affordability Calculator

$5,310

Per Month

Monthly Principal & Interest: $4,558
Monthly Property Taxes: $752
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

Multi-family listings in Madison, WI

Average List Price ^$889,675

Percent of Sale Price 35%

About Madison, WI

252,062 Population

21% Since 2002

^$58,415 Median Income

34.31 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1832992 Elementary School

1568527 Middle School

Memorial High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/9/2026	$660,000		Listed Price

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5818 Balsam Road, Madison, WI, 53711 is a Multi-Family Home for sale at $660,000 with 3,200 sqft and a lot size of 0.37. 5818 Balsam Road has 8 bedrooms, 4.0 baths, and was built in 1959. The property's zip code is 53711 which is in Madison, WI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the South Central Wisconsin Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the SCWMLS approved logo and detailed information about them includes the name of the listing brokers.

The information being provided is 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.

This information, provided by seller, listing broker, and other parties, may not have been verified.

Data is updated as of 10/12/2026.

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5818 Balsam Road

Multi-Family Home for sale in Madison, WI

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