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Donna Leone
REALTOR®
(815) 262-5546

5818 Balsam Road, Madison, WI 53711

$660,000
  • 5818 Balsam Road, Madison, WI 53711 Main Photo

25 Photos

New to the Market Active
BEDS0 BATHS MLS#2034356
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMadison

Listing Courtesy of: RE/MAX Preferred
Agency Contact: Lauren@TheBlueprintGroup.com
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Property Description

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 Madison's 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.

5818 Balsam Road | MLS# 2034356

This multi-family property located at 5818 Balsam Road, Madison, WI 53711 is currently listed for sale with an asking price of $660,000. Balsam Road is located within the Madison school district. Search Madison real estate on donnaleone.dickersonnieman.com today.

Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Natural Gas
Home Style: Apartment building, 2 story
Stories: 2.0
Taxes: $9,019
Year Built: 1959

Units

Unit 1:
Bedrooms: 2
Full Baths: 1
Parking Description: 1 Space
Square Feet: 800
Unit 2:
Bedrooms: 2
Full Baths: 1
Parking Description: 1 Space
Square Feet: 800
Unit 3:
Bedrooms: 2
Full Baths: 1
Parking Description: 1 Space
Square Feet: 800
Unit 4:
Bedrooms: 2
Full Baths: 1
Parking Description: 1 Space
Square Feet: 800

Amenities

Vinyl
Aluminum/Steel
Brick

Feature Descriptions

Exterior: Vinyl, Aluminum/Steel, Brick
Units: 4
Water/Waste: Municipal water, Municipal sewer

Local Schools

High School: Memorial
Middle School: Toki
Elementary School: Orchard Ridge
School District: Madison

Listed By / Shown By

Listed By

Agency Name: RE/MAX Preferred
Agency Contact: Lauren@TheBlueprintGroup.com

Shown By

Agent Name: Donna Leone
Agent Phone: (815) 262-5546
Agency Title: Dickerson & Nieman Realtors

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Estimate Your Payment

Estimated Payment

$ 2,412.96 per month $1,468.87 Principal & Interest $751.58 Property Tax $192.50 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)
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 10/09/2026. The listing information on this page last changed on 10/09/2026. 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 10/09/2026 7:13:11 AM EST) or MRED MLS (last updated Fri 10/09/2026 2:36:23 AM EST) or SCWMLS (last updated Thu 10/08/2026 11:55:19 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 10/08/2026 10:18:34 PM EST) or Northern Illinois Commercial Association Realtors (last updated Thu 10/08/2026 2:10:09 PM EST). Real estate listings held by brokerage firms other than Dickerson & Nieman 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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