5818 Balsam Road, Madison, WI 53711

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of RE/MAX Preferred.

List Price
$660,000
MLS#
2034356
Status
ACTIVE
Year Built
1959
County
Dane
Municipality
Madison
Acres
0.37

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.

Additional Information

TotalTaxes
$9,019
Utilities
Separate Electric Meters, Separate Gas Meters
Parking
Outside
Basement
Full, Poured Concrete
Exterior
Vinyl, Aluminum/Steel, Brick
Heating / Cooling
Separate Electric Meters, Separate Gas Meters
School District
Madison
Elementary School
Orchard Ridge
Middle School
Toki
High School
Memorial
Courtesy Of
RE/MAX Preferred

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Copyright 2026 WIREX Multiple Listing Service. All rights reserved. IDX information is provided exclusively 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. All information is deemed reliable, but not guaranteed. Information is supplied by seller and other third parties and has not been verified.