5830 Balsam Road, Madison, WI 53711

$750,000

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Listing courtesy of Keller Williams Realty.

List Price
$750,000
MLS#
2032345
Year Built
1961
County
Dane
Municipality
Madison
Acres
0.28
Subdivision
Meadowood

Property 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.

Additional Information

TotalTaxes
$9,058
Interior Features
Water Softener
Utilities
Separate Electric Meters
Parking
2 Space, Outside
Basement
Full, Partially Finished, Poured Concrete
Exterior
Brick
Heating / Cooling
Separate Electric Meters
School District
Madison
Elementary School
Orchard Ridge
Middle School
Toki
High School
Memorial
Courtesy Of
Keller Williams Realty
Data Source
WIREX_SCW

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Calculator source: Real Geeks

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