4-Unit Brick
New
For Sale
$419,900
521 West St, Madison, IN 47250
Multi Family, Madison, IN
Property Size1,360 SF
Lot Size0.03 Acres
Price / SF$308.75
Days on Market2
Property Features for 521 West St
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 4, Basement, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1
Directions
From W Main Street turn left onto West Street, the destination will be on your left.
Subdivision
13-Indiana
Standard status
Active
APN
39-13-02-212-005.002-007
Size
1,360 SF
Lot size
0.03 Acres
Additional Details
Tenant in Place
Yes
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Number of units
4
Building materials
Brick
Roof type
Shingle
Buildings
1
Listing Agency:
EXP Realty LLC
(888) 624-6448
Listed By:
Jim Pruett · License #RB14034779
(812) 701-1000
Added: Nov 3
Last Checked: Nov 4 at 11:06AM
MLS# 1733627
Copyright © 2026 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,360-square-foot brick quadplex contains four units, with two on the ground floor and two above. The property has four bedrooms and four bathrooms and is offered with furnishings. Interior and exterior updates, including remodeled units and shingle roofing, were completed in 2023. Heating is provided by heat pumps, with wall or window air-conditioning units. Public water and sewer serve the property.
Located in Madison, Indiana, the building is configured for leases with a 90-day minimum term. The stated cap rate is 11%.
Located in Madison, Indiana, the building is configured for leases with a 90-day minimum term. The stated cap rate is 11%.
Key Highlights
- Four‑unit brick building with two apartments per floor
- 1,360 square feet on a 0.03‑acre lot
- Four bedrooms and four bathrooms
Property Analytics
Who owns this building?
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
742
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Four furnished apartments are arranged across two floors, with two residences on each level.
Where is this quadplex located?
The property is located at 521 West St Madison, IN.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Four‑unit brick building with two apartments per floor; 1,360 square feet on a 0.03‑acre lot; Four bedrooms and four bathrooms
