422424 E Second St

Madison, IN 47250

  • 4 Bed(s)
  • 5 Bath(s)
  • 3,716 Sqft
  • 0.11
    Acre(Lot)
$325,000

Description

Endless possibilities in the heart of historic downtown madison! this versatile 4 unit, 2 story building is a rare opportunity for investors or visionary homeowners. currently configured as four apartment units, the property offers a range of options—maintain it as a 4 unit rental, reimagine it as three apartments and two efficiencies, convert it into two charming single-family homes, or create a unique blend such as a primary residence on one side with short-term rentals on the other. original trim can be found throughout property. located in a prime downtown location, this property combines character, convenience, and exceptional potential for income or multi-generational living. there are 5 electric meters, 2 water meters and 2 meters for gas hookup if potential buyer would want gas. property was recently inspected and no major defects were found. tenants are month to month, 3 units are $650/mth, other unit is $460/mth.

  • Property Type

    Residential
  • County

    Jefferson
  • Style

    Residential
  • AD ID

    49617939

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BuyOwner last updated this listing 05/15/2025 @ 01:41

  • MLS: 1685976
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: LouisvilleKY

is a Home, with 4 bedrooms which is for sale, it has 3,716 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.