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5826 Balsam Road
Madison WI 53711 US

$689,000

Active Under Contract Listing ID 2011440
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5 bed
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Lot: 0.37 Acres
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Other

$689,000

Active Under Contract Listing ID 2011440
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5826 Balsam Road 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!!!!

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Property Features

  • Facts
  • Lot Size: 0.37 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Forced Air

School Information

  • School
  • Orchard Ridge(Elementary)
  • Toki(MiddleSchool)
  • Memorial(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 689000
  • unparsedaddress: 5826 Balsam Road
  • postalcity: Madison
  • stateorprovince: WI
  • country: US
  • postalcode: 53711
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.37
  • lotsizeunits: Acres
  • lotsizearea: 0.37
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 43.030808
  • longitude: -89.482042
  • listagentfullname: Lori Schilling
  • listagentemail: lorisells@sprinkmanrealestate.com
  • listagentkey: 3yd-SCWMLSWI-150466
  • listagentmlsid: 150466
  • listagentpreferredphone: 6082201453
  • listagentofficephone: 6082201453
  • listofficekey: 3yd-SCWMLSWI-2612
  • listofficemlsid: 2612
  • disclaimer: Copyright © 2025 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SCWMLSWI
  • yearbuilt: 1959
  • listagenturl: http://www.sprinkmanrealestate.com
  • countyorparish: Dane
  • parcelnumber: 0609-062-0318-2
  • elementaryschool: Orchard Ridge
  • highschool: Memorial
  • elementaryschooldistrict: Madison
  • middleorjuniorschooldistrict: Madison
  • highschooldistrict: Madison
  • appliances: Dryer
  • constructionmaterials: Brick, Stone
  • heating: Forced Air
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 4
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Basement, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.48204, 43.030807
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Sprinkman Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"shelly.sprinkman@gmail.com", "ListBrokerageCity":"Madison", "ListBrokerageCountry":"US", "ListBrokerageEmail":"shelly.sprinkman@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/SCWMLSWI/0fcb2951935611e396ad22000a6d83cc/20140225153314599.png", "ListBrokerageName":"Sprinkman Real Estate", "ListBrokeragePhone":"608-220-1453", "ListBrokeragePostalCode":"53703", "ListBrokerageStateOrProvince":"WI", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"613 Williamson St #202", "ListBrokerageWebsiteUrl":"http://www.sprinkmanrealestate.com", "ListOfficeAddress1":"622 W Washington Ave Ste 100", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1400", "ListOfficeCity":"Madison", "ListOfficeCountry":"US", "ListOfficeEmail":"shelly.sprinkman@gmail.com", "ListOfficePostalCode":"53703-2638", "ListOfficeStateOrProvince":"WI", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment building, 2 story - Madison, WI", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5826-Balsam-Rd_Madison_WI_53711_M75778-68760?f=listhub&s=SCWMLSWI&m=2011440&c=rexren", "MLSModificationTimestamp":"2025-12-03T13:54:40Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Apartment building, 2 story", "RawPropertyType":"Multi-Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9299, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/17/2025 11:02:57 AM GMT
Source Updated Date: 12/21/2025 8:10:46 PM GMT

Courtesy of: Lori Schilling, Sprinkman Real Estate, lorisells@sprinkmanrealestate.com

Copyright © 2025 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.