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River-View Duplex
For Sale
$195,000

121 Jefferson Street, Madison, IN 47250

Two one-bedroom units offer open living areas, full baths, rear decks, and convenient access to downtown amenities.

Property Size1,008 SF
Price / SF$193.45
Days on Market2378

Property Features for 121 Jefferson Street

General Information

Standard status Active
Size 1,008 SF
Property subtype Duplex

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $934

Amenities

deck
Window/Wall Unit, Ceiling Fan(s)
Microwave, Oven, Range, Refrigerator
3
Open Floor Plan
Concrete, Shingle
Deck, Porch
Residential
Deck.
Brick, Concrete
River, City
Sidewalks. In City, Paved Road.

Building Details

Year Built 1984
Stories 1
Listing Agency: eXp Realty, LLC
Listed By: Robin Mingione · License #RB21001446
Source: Xome
Added: Feb 27, 2020 Changed: Aug 30 Last Checked: Aug 31 at 2:36PM

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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

Built in 1984, this 1,008-square-foot duplex contains two separate residential units. Each side includes one bedroom, an open living and kitchen arrangement, and a full bathroom. Interior features include ceiling fans, window or wall units, microwaves, ovens, ranges, and refrigerators. The property also provides rear decking and porch space, with river and city views identified from the exterior.

Located at 121 Jefferson Street in Madison, the duplex sits near the Ohio River Front, Fireman's Park, and the City of Madison Boat Ramp and Overlook. Sidewalks, paved roads, and on-street parking serve the property. The configuration is suited to residential rental or short-term rental use, subject to applicable requirements.

Key Highlights

  • 1,008‑square‑foot duplex built in 1984
  • Two units, with 1 bedroom and 1 full bath on each side
  • Open living and kitchen layouts

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

722
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two one-bedroom units offer open living areas, full baths, rear decks, and convenient access to downtown amenities.
Where is this duplex located?
The property is located at 121 Jefferson Street Madison, IN.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 1,008‑square‑foot duplex built in 1984; Two units, with 1 bedroom and 1 full bath on each side; Open living and kitchen layouts
More about this property
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