USAINMadison424-422 E 2Nd St
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424-422 E 2nd St, Madison, IN

Real Estate

Sold

Listed price in listed location currency (USD).
$240,000
$265,000

450

MLS® 202507646

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Duplex
Levels Residential
Size 3716 sqft
Garage No
Taxes $3,156
Lot Size 0.111 acres
Approx. Age 1840
Avg. Price Per Sqft $71
MLS® Number 202507646

Property Address: 424-422 E 2nd St, Madison, IN, 47250-3514

Average square foot calculated using Size range provided by listing agent.

Description

Endless Possibilities in the Heart of Historic Downtown Madison! This versatile 4 unit, 2 story building is a rare opportunity for investors or visionary homeowners. Currently configured as four apartment units, the property offers a range of options—maintain it as a 4 unit rental, reimagine it as three apartments and two efficiencies, convert it into two charming single-family homes, or create a unique blend such as a primary residence on one side with short-term rentals on the other. Original trim can be found throughout property. Located in a prime downtown location, this property combines character, convenience, and exceptional potential for income or multi-generational living. There are 5 electric meters, 2 water meters and 2 meters for gas hookup if potential buyer would want gas. Property was recently inspected and no major defects were found. Tenants are month to month, 3 units are $650/mth, other unit is $460/mth.
MLS® Number202507646
Laundry Level
Central VacNo
FireplaceNo
Acreage0.111
Exterior
GarageNo
Approx. Age1840
BasementUnfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Bathroom 3:First FloorNot available
Dining Room:Second Floor13.1 × 18.7 ft
Other:Second Floor6.1 × 11.8 ft
Bathroom 4:First FloorNot available
Bathroom 2:Second FloorNot available
Bathroom 1:Second FloorNot available
Kitchen:Second Floor11.6 × 14 ft
Bedroom 1:Second Floor10.8 × 18.4 ft
Living Room:Second Floor13.8 × 14.8 ft

Similar Listings

Price History

Nov 17, 2025End Date
$240,000Sold Price

Sold

May 2, 2025List Date
$265,000List Price
  • Commute

Commute

Starting Address
Destination Address
422 E 2 Nd St, Madison, IN

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