5826 Balsam Rd - Apartments FOR SALE


Madison, WI 53711- Meadowood
$689,000 USD
608-279-4313
5826 Balsam Rd, Madison, WI for Sale
$689,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

5826 Balsam Rd
Madison, WI 53711
Meadowood


HIGHLIGHTS

  • New 5th unit addition
  • Long term renters
  • 100% occupied

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$689,000 USD

PRICE/SF

$27 USD /SF

# OF UNITS

5

PRICE/UNIT

$137,800

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Balsam Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,269 SF

ZONING

SR-V1

APN/PARCEL ID

0609-062-0318-2

ASK ABOUT THIS PROPERTY

Lori SchillingSprinkman Real EstateMore Info
608-279-4313

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Lori SchillingSprinkman Real EstateMore Info
608-279-4313

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.