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Balsam Apartments 5826 Balsam Rd 5 Unit Apartment Building $689,000 ($137,800/Unit) Madison, WI 53711
INVESTMENT HIGHLIGHTS
- New 5th unit addition
- 100% occupied
- Long term renters
EXECUTIVE SUMMARY
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!
PROPERTY FACTS
| Price | $689,000 | Building Class | C |
| Price Per Unit | $137,800 | Lot Size | 2.10 AC |
| Sale Type | Investment | Building Size | 3,922 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1964/2024 |
| Apartment Style | Garden | ||
| Zoning | SR-V1 - SR-V1: SUBURBAN RESIDENTIAL - VARIED DISTRICT 1 | ||
| Price | $689,000 |
| Price Per Unit | $137,800 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.10 AC |
| Building Size | 3,922 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2024 |
| Zoning | SR-V1 - SR-V1: SUBURBAN RESIDENTIAL - VARIED DISTRICT 1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Basement
- Deck
- Smoke Free
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | $1,224 | 850 |
| 1+1 | 2 | $1,024 | 650 |
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Balsam Apartments | 5826 Balsam Rd
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