Listing Agency: F.C. Tucker/Scott Lynch Group

Listed By: Patrick Lynch · License #IN AB29800151 Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 27 Last Checked: Sep 4 at 8:35AM

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Investment Insights

Based on property information with market context.

This triplex offers three rental units with 100% occupancy. The unit mix includes one 2BR/1BA and two 1BR/1BA apartments. Additional details are available upon request.

The property is located in Historic Downtown Madison, Madison, IN.

For buyers seeking a small multifamily income property, the current configuration provides a straightforward unit layout across three separate rental units.

Key Highlights

• Triplex in Historic Downtown Madison with 3 rental units at 100% occupancy
• Includes one 2BR/1BA unit
• Includes two 1BR/1BA units

Property Analytics

Property Profile

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Building Supply HVAC Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3

Residential units

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

671

Businesses Nearby

Explore this area Business Placement

Demographics for 47250, IN

22,596

Population

10,534

Households

2.1

Avg Household Size

42

Median Age

19%

College-Educated

89%

High-School Grad

211.4 sq mi

ZIP Area

107

Density / Sq Mi

$56,667

Median Household Income

$36,950

Median Earnings

$857

Median Rent

$179,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this triplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Triplex - Triplex with three rental units and 100% occupancy, including one 2BR/1BA and two 1BR/1BA units.

Where is this triplex located?

The property is located at 418 Walnut Street Madison, IN.

What are key features of this property?

This property features: Triplex in Historic Downtown Madison with 3 rental units at 100% occupancy; Includes one 2BR/1BA unit; Includes two 1BR/1BA units