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Tanner Nimke

tanner@flores.realty +1(608) 571-6820

Listed by RE/MAX Preferred • Lauren@TheBlueprintGroup.com

$ 660,000

Est. payment | -/mo

8 Beds

4 Baths

3,200 SqFt

Save

$ 660,000

Est. payment | -/mo

Save

8 Beds

4 Baths

3,200 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment building,2 story

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $206

MLS Listing ID 2034356

Bedrooms 8

Full Baths 4

Year Built 1959

Annual Tax Amount $9,019

Tax Year 2025

Lot Size 0.370 Acres

Acres 0.37

Property Sub-Type Apartment building,2 story

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.

Location

State WI

County Dane

Area Madison - C W09

Zoning SR-V1

Direction South on Whitney way, Right on Thrush Lane, Right on Balsam

Rooms

Basement Full, Poured concrete foundatn

Interior

Heating Forced air

Inclusions Range / Oven (4), Refrigerator (3)

Heat Source Natural Gas

Exterior

Parking Features Outside

Utilities Available Separate elec meters, Separate gas meters

Building

Water Municipal sewer, Municipal water

Structure Type Vinyl,Aluminum/Steel,Brick

Schools

Elementary Schools Orchard Ridge

Middle Schools Toki

High Schools Memorial

School District Madison

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(608) 571-6820

tanner@flores.realty

Learn More About LPT Realty

5818 Balsam Road Madison, WI 53711