Map location of 5826 Balsam Road, Madison, WI 53711
$689,000
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5826 Balsam Road, Madison, WI 53711

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7 Beds
4 Baths
1,500 Sq Ft

Fantastic investment opportunity on Madison?s west side! This well-maintained 5-unit property at 5826 Balsam Rd offers a strong rental history and excellent cash flow potential. Each spacious unit features functional layouts, kitchens and baths, and off-street parking. Tenants enjoy convenient access to parks, shopping, dining, and bus routes?making it an easy property to keep fully leased. On-site laundry and separate utilities enhance tenant appeal and owner convenience. Whether you?re expanding your portfolio or seeking a solid first investment, this turnkey multi-family property is a smart buy in a prime location! All new 5th unit is a bonus!

Listing By: Lori Schilling - Sprinkman Real Estate WIREX Realty.com
  • MLS# 804273503258
  • Date Listed10/29/2025
  • Days on Realty 23 Days
  • Bedrooms 7
  • Bathrooms 4 Full baths
  • Lot Size 0.37 acres (16,117 sq. ft)
  • Sewer Public Sewer
  • Property Type Multi Family
  • County DANE
  • Year Built 1959
  • Water Public
  • Square Feet 1,500 sq. ft
  • Price Per Sq. Ft $459.33

Interior Features

  • Heating Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.37
  • Lot Size SQFT 16,117.20
  • Lot Features -

Directions

Raymond Road to Leland Drive to Right on Balsam Road

Financial Considerations

  • Tax Amount $9,299
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in WI / 53711

Source: Walkscore

30/100

Car-Dependent

Walk Score ®

38/100

Some Transit

Transit Score ®

63/100

Bikable

Bike Score ®

Overview

Most errands require a car. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

5 nearby routes: 5 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 29/100, Transit Score: 25/100, Bike Score: 54/100.

Property Change History

List Price decreased from $700,000 to $689,000
Price Per Square Foot decreased from $466.67 to $459.33
Property description updated with new details

Points of Interest near 5826 Balsam Road, Madison, WI 53711

Frequently Asked Questions for 5826 Balsam Road

Source: Realty.com

5826 Balsam Road, Madison, WI 53711 is a Multi Family, Residential Income property listed for $689,000 The property is 1500 sq. ft with 7 bedrooms and 4 bathrooms

Realty.com has 14 photos of 5826 Balsam Road.

Our records indicate that 5826 Balsam Road was built in 1959.

The full address for this home is 5826 Balsam Road, Madison, WI 53711.

5826 Balsam Road has been listed on Realty.com since Wed October 29, 2025

Most errands require a car. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 29/100, Transit Score: 25/100, Bike Score: 54/100.

There are 3 schools assigned to this home. Check out the schools near 5826 Balsam Road. Orchard Ridge (Grades: K - 5), Toki Middle School (Grades: 6 - 8), Memorial High School (Grades: 9 - 12)

Listing provided courtesy of: Sprinkman Real Estate (tel: 608-467-9596)
Listing agent: Lori Schilling (#120368631347)

This content last refreshed on 2025-11-22 03:18:58. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 5826 Balsam Road, Madison, WI 53711 : MLS# 804273503258

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