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    Madison, IN Apartment Buildings for Sale

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    Hanover, IN Lexington, IN Carrollton, KY
    Historic Downtown Investment Opportunity
    $449,900
    Historic Downtown Investment Opportunity

    402 E Main Street, Madison, IN 47250

    Apartment building with efficiency rooms in historic downtown.
    • Historic Downtown Madison, IN location
    • Apartment #1: 2 bedrooms
    • Apartment #2: 1 bedroom
    • Seven efficiency rooms
    • Three guest facilities
    Updated: Feb 15, 2024
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Five-Unit Multifamily Investment Opportunity
    $600,000
    5,356 SF
    Five-Unit Multifamily Investment Opportunity

    Five-unit property with income and upside potential in New Albany.

    1011 Vincennes Street, New Albany, IN 47150

    View details
    Louisville 11-Plex Apartment Building
    $1,200,000
    16,956 SF
    Louisville 11-Plex Apartment Building

    Three-story brick 11-unit apartment building at Hite and Brownsboro.

    2515 Brownsboro Rd, Louisville, KY 40206

    View details
    Renovated Multifamily Property in Indiana
    $4,700,000
    Renovated Multifamily Property in Indiana

    52-unit multifamily property in New Albany, Indiana, renovated in 2019.

    309 East Spring Street, New Albany, IN 47150

    View details
    Multifamily Property with 16 Units
    $1,500,000
    15,850 SF
    Multifamily Property with 16 Units

    Multifamily property featuring 16 units in Louisville, Kentucky.

    2628 Lindsay Ave, Louisville, KY 40206

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607

    View details
    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres
    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215

    View details
    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    View details

    Madison, IN Apartment Buildings Investment Opportunities Market Analysis

    Explore 1 apartment buildings for sale in Madison, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $449,900.

    Sale prices for two-family homes in Madison, IN start at $449,900, averaging $449,900, and reaching up to $449,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 23K
    Population Growth (5Y) +4.7%
    Median Household Income $56,667
    College Educated 25.8%

    High-Yield Neighborhoods for Investment

    Identify Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47250 $449.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.59%
    Property Tax per SF $39.41 per SF
    Average Loan-to-Value 65.0%

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