Madison, IN Residential Income Properties for Sale

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Updated: Jul 16

Mobile Home Park with Additional Home

3471 West Pin Oak Court, Madison, IN 47250

$350,000

2.10 AC lot

Mobile home park with 8 total rental spots
Additional single‑family home and garage on the property for extra income opportunities
Year built: 1990
Significant deferred maintenance and substantial capital improvement budget likely needed before stabilization
Sold strictly as‑is; exterior components, mechanical systems, and interior finishes require attention

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Updated: Jun 5

Contiguous Three-Story Multifamily Buildings

313-315 Mulberry Street, Madison, IN 47250

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Two contiguous three‑story buildings in downtown Madison
Total of 12 bedrooms and 3 bathrooms across the buildings
On‑site main floor office
Dedicated laundry room space
Front location overlooks the area beside the Kindness Mural and Bicentennial Park

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Mobile Home Park Investment Opportunity

3471 Pin Oak Ct, Madison, IN 47250

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Mobile home park with single-family home in Madison, Indiana.

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Renovated 4-Plex Investment

622 Walnut Street, Madison, IN 47250

$399,900

4,160 sqft

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

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Historic Downtown Triplex

418 Walnut Street, Madison, IN 47250

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Triplex with three rental units and 100% occupancy, including one 2BR/1BA and two 1BR/1BA units.

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Residential Duplex in Madison, Indiana

1820 Meridian St, Madison, IN 47250

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Residential duplex with income potential in Madison, Indiana.

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Historic Downtown Multi-Use Building

301 West Street, Madison, IN 47250

$895,000

17,986 sqft

Commercial space in historic downtown Madison, Indiana. Real estate only.

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Renovated Townhome with River Views

914 W First Street, Madison, IN 47250

$265,000

1,284 sqft

Recently renovated two-story townhome with 2 bedrooms and 2 full bathrooms plus off-street parking.

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Small Multifamily Apartment Building

534 Miller Street, Madison, IN 47250

$375,000

3,382 sqft

Property features three one-bedroom units and two two-bedroom units, with newer roof, HVAC, and appliances.

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Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 9 Active listings in Madison, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Fully Leased 10-Unit Apartment Building

Scottsburg, IN 47170

$795,000

4,531 sqft 0.35 AC lot

Turnkey multifamily property with renovated units and ample parking on a corner lot in Vienna.

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Updated Duplex Income Property

218 S Park Street, Seymour, IN 47274

$210,000

0.19 AC lot

Spacious duplex with updated vinyl plank flooring, new cabinets, fresh paint, and fenced yard plus extra parking.

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Duplex with Attached Garages

616-618 Hillcrest Circle, Seymour, IN 47274

$284,900

0.27 AC lot

Two-unit duplex with total-electric setups, two upstairs bedrooms per unit, and private backyard access.

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Two-Unit Residential Income Duplex

10-20 Green Street, Scottsburg, IN 47170

$215,000

1,544 sqft

Duplex built in 1993 with two 2-bedroom, 1-bath units, each with central air and a 1-car attached carport.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Hanover Land Development Opportunity

3632 W SR 56, Hanover, IN 47243

$169,900

14.34 AC lot

14 acres of residential land with development potential in Hanover.

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Hanover Land Development Opportunity

3632+ W SR 56, Hanover, IN 47243

$169,900

14.30 AC lot

14 acres in Hanover, IN, ideal for development or private use.

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Secluded Farmland Tract

4618 Miles Road, Nabb, IN 47147

$381,250

30.50 AC lot

30.5-acre parcel near Nabb with tillable and wooded areas and two existing septic systems, sold as-is.

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Residential Land with Pole Barn

3160 S Mulberry Street, Lexington, IN 47138

$69,900

3.39 AC lot

3.39 acres in Lexington with a two-story pole barn.

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Off-Market Properties in Madison, IN

Consider similar Off-Market properties in Madison, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Residential income properties

402 Main St, Madison, IN 47250

Value Estimation by Request

0.03 AC lot

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MOBILE HOME PARK, TRAILER PARK

940 Walnut St, Madison, IN 47250

Value Estimation by Request

0.42 AC lot

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MOBILE HOME PARK, TRAILER PARK

938 Walnut St, Madison, IN 47250

Value Estimation by Request

600 sqft 0.31 AC lot

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MOBILE HOME PARK, TRAILER PARK

800 Tower Ct, Madison, IN 47250-2186

Value Estimation by Request

0.07 AC lot

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MOBILE HOME PARK, TRAILER PARK

8000 Sr 56, Madison, IN 47250

Value Estimation by Request

73.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

3357 Riv Birch Dr, Madison, IN 47250-4636

Value Estimation by Request

13.89 AC lot

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MOBILE HOME PARK, TRAILER PARK

758 Presbyterian Ave, Madison, IN 47250-3112

Value Estimation by Request

1.74 AC lot

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MOBILE HOME PARK, TRAILER PARK

7000 Ohio Hideaway Dr, Madison, IN 47250

Value Estimation by Request

74.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

3623 Michigan Rd, Madison, IN 47250

Value Estimation by Request

192 sqft 29.89 AC lot

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MOBILE HOME PARK, TRAILER PARK

214 Lincoln Ave, Madison, IN 47250-3370

Value Estimation by Request

0.11 AC lot

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MOBILE HOME PARK, TRAILER PARK

216 Lincoln Ave, Madison, IN 47250

Value Estimation by Request

0.31 AC lot

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MOBILE HOME PARK, TRAILER PARK

402 Emmons St, Madison, IN 47250-4609

Unit 431

Value Estimation by Request

4.29 AC lot

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MOBILE HOME PARK, TRAILER PARK

3427 Chauncey Ln, Madison, IN 47250-4605

Unit 3463

Value Estimation by Request

5.71 AC lot

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MOBILE HOME PARK, TRAILER PARK

601 4th St, Madison, IN 47250-3101

Value Estimation by Request

0.67 AC lot

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MOBILE HOME PARK, TRAILER PARK

600 4th St, Madison, IN 47250-3102

Value Estimation by Request

0.47 AC lot

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Madison, IN Residential Income Properties Market Trends and Statistics

Explore 26 residential income properties for sale in Madison, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 26,812 square feet of properties for sale, with an estimated market value of $2,284,900.

Sale prices for residential income properties in Madison, IN start at $265,000, averaging $456,980, and reaching up to $895,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 23K

Population Growth (5Y) +4.7%

Median Household Income $56,667

College Educated 25.8%

High-Yield Neighborhoods for Investment

Identify Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
47250	$460K

Taxes & Financing

Tax Rate (average for all types) 2.59%

Property Tax per SF $39.41 per SF

Average Loan-to-Value 65.0%

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Madison, IN Residential Income Properties for Sale

3471 West Pin Oak Court, Madison, IN 47250

313-315 Mulberry Street, Madison, IN 47250

3471 Pin Oak Ct, Madison, IN 47250

622 Walnut Street, Madison, IN 47250

418 Walnut Street, Madison, IN 47250

1820 Meridian St, Madison, IN 47250

301 West Street, Madison, IN 47250

914 W First Street, Madison, IN 47250

534 Miller Street, Madison, IN 47250

Opportunities in Nearby Cities

Scottsburg, IN 47170

218 S Park Street, Seymour, IN 47274

616-618 Hillcrest Circle, Seymour, IN 47274

10-20 Green Street, Scottsburg, IN 47170

Potential Development Sites for Consideration

3632 W SR 56, Hanover, IN 47243

3632+ W SR 56, Hanover, IN 47243

4618 Miles Road, Nabb, IN 47147

3160 S Mulberry Street, Lexington, IN 47138

Off-Market Properties in Madison, IN

402 Main St, Madison, IN 47250

940 Walnut St, Madison, IN 47250

938 Walnut St, Madison, IN 47250

800 Tower Ct, Madison, IN 47250-2186

8000 Sr 56, Madison, IN 47250

3357 Riv Birch Dr, Madison, IN 47250-4636

758 Presbyterian Ave, Madison, IN 47250-3112

7000 Ohio Hideaway Dr, Madison, IN 47250

3623 Michigan Rd, Madison, IN 47250

214 Lincoln Ave, Madison, IN 47250-3370

216 Lincoln Ave, Madison, IN 47250

402 Emmons St, Madison, IN 47250-4609

3427 Chauncey Ln, Madison, IN 47250-4605

601 4th St, Madison, IN 47250-3101

600 4th St, Madison, IN 47250-3102

Madison, IN Residential Income Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

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