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1820 Meridian St Madison, IN 47250

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For Sale
$200,000

Residential duplex with income potential in Madison, Indiana.

Lot size:
0.30 Acres

Property Features for 1820 Meridian St

General Information

Standard status
Active
Lot size
0.30 Acres

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Listing Contact
Stephannie Wilson
Stephannie Wilson
Source: Crexi

Listing Agency: NextHome Wilson Real Estate Services Listing Agent: Stephannie Wilson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Residential Duplex in Madison, Indiana

This residential duplex in Madison, Indiana, presents an investment opportunity. The property features two separate units, each containing 2 bedrooms and 1 full bath. One unit is currently vacant, offering immediate potential for owner-occupancy or market-rate rental income. The other unit is tenant-occupied, providing built-in income. The property requires some improvements, making it a value-add opportunity for investors or buyers looking to renovate and increase equity. The property is conveniently located near local amenities and historic downtown Madison, as well as major employers. The square footage is approximate.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

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  • Local Demand
City
Madison
County
Jefferson
State
Indiana
Longitude
-85.392383
Latitude
38.762462

FAQs

What type of property is this?
Duplex - Residential duplex with income potential in Madison, Indiana.
Where is this duplex located?
The property is located at 1820 Meridian St Madison, IN.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: - Duplex with two separate units, offering flexibility for owner-occupancy or rental income.; - **One unit is currently vacant, allowing for immediate occupancy or market-rate rental.**; - Tenant-occupied unit provides built-in income stream.
More about this property
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