Search
Madison Multifamily Investment Opportunity
For Sale
$2,500,000

649 W Base St, Madison, FL 32340

Three income-producing properties in Madison, Florida, with expansion potential.

Property Size12,204 SF
Lot Size1.00 Acre
Price / SF$204.85
Days on Market224

Property Features for 649 W Base St

General Information

Standard status Active
Size 12,204 SF
Lot size 1.00 Acre

Building Details

Year Built 1969
Listing Agency: DELPHI INVESTMENT REALTY
Listed By: Annia Garcia · License #A11651694
Source: Chenoregroup
Added: Mar 11 Changed: Oct 3 Last Checked: Oct 7 at 1:21PM

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 DELPHI INVESTMENT REALTY

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This portfolio presents an opportunity to own three income-producing properties in Madison, Florida. The properties are located at 649 W Base St, 643 W Base St, and 912 SW Pinckney St. The properties are conveniently located within minutes of downtown Madison, schools, shops, and dining. The properties are set on spacious lots with mature landscaping. Together, the properties total over an acre of land. Each unit features independent entrances, separate utilities, and functional layouts. The properties can be rented for maximum cash flow or transformed into a short-term rental portfolio. The properties are located near major routes like Base Street (US-90) and a short drive from I-10. The properties offer solid structures and multiple income streams.

Key Highlights

  • Three income‑producing properties in one portfolio
  • Located in Madison, Florida, a peaceful town with steady rental demand
  • Properties total over an acre of land with room to expand

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Location Intelligence

Trade Area within ½ mile

351
Businesses Nearby

Demographics for 32340, FL

10,744
Population
4,567
Households
2.4
Avg Household Size
45
Median Age
13%
College-Educated
81%
High-School Grad
208.5 sq mi
ZIP Area
52
Density / Sq Mi
$43,393
Median Household Income
$32,937
Median Earnings
$814
Median Rent
$115,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Three income-producing properties in Madison, Florida, with expansion potential.
Where is this multifamily property located?
The property is located at 649 W Base St Madison, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Three income‑producing properties in one portfolio; Located in Madison, Florida, a peaceful town with steady rental demand; Properties total over an acre of land with room to expand
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again