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Renovated 4-Plex Investment

622 Walnut Street Madison, IN 47250

622 Walnut Street, Madison, IN, 47250
$399,900
For Sale
$399,900

Completely remodeled in 2021 with new HVAC, updated plumbing and electrical, and refreshed interiors across four units.

Property Size4,160 SF
Price / SF$96.13
Days on Market1281

Property Features for 622 Walnut Street

General Information

Standard status
Active
Size
4,160 SF
Property subtype
Fourplex

Building Details

Year Built
1900
Listing agency RE/MAX FIRST
Listed by Bailey McLean
Source Xome
Added: Jan 19, 2023 Updated: Jul 22 at 3:33PM Checked: Jul 22 at 3:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX FIRST


Investment Insights

Based on property information with market context.

This renovated 4-plex includes a total of five bedrooms and four bathrooms across four units. The property was completely remodeled in 2021 with modern updates that include new HVAC systems in all four units, updated plumbing and electrical systems, new flooring, and new cabinets. Most windows have been replaced to enhance energy efficiency and natural light.

Located in the heart of downtown Madison, Indiana, the property offers walkable access to local shops, restaurants, and historic landmarks.

With recent system and interior improvements, this turnkey 4-plex is designed to provide ready-to-operate residential income housing.

Key Highlights

  • Completely remodeled 4‑plex in 2021 with refreshed interiors across all four units
  • New HVAC systems installed in all four units
  • Updated plumbing and electrical systems throughout

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Parking Lot & Garage Electrical Service Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store HVAC Service Veterinary Clinic (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Completely remodeled in 2021 with new HVAC, updated plumbing and electrical, and refreshed interiors across four units.
Where is this quadplex located?
The property is located at 622 Walnut Street Madison, IN.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Completely remodeled 4‑plex in 2021 with refreshed interiors across all four units; New HVAC systems installed in all four units; Updated plumbing and electrical systems throughout
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