Courtesy of EXP Realty LLC, Jim Pruett , jimpruett@jimpruett.com

521 West St, Madison, Indiana, 47250

Prime turnkey investment opportunity in the heart of historic downtown Madison! Extensively renovated in 2023, this low-maintenance 4-unit income property comes fully furnished and ready to perform from day one. Capitalizing on the high-demand traveling professional market, the property rents effortlessly to traveling nurses and corporate contractors with an established 90-day minimum lease structure. The building features an ideal layout with two units on the first floor and two on the second floor, all boasting brand-new 2023 shingles, fresh interior and exterior paint, completely remodeled interiors, and efficient PTAC heating and cooling systems. All furnishings included and an amazing 11% cap rate! Schedule your showing today!

Active

$419,900

Multi-family

4 bds

4 ba

1,360 Sqft

0.03 Acre

MLS

1733627

Built in 9999

NONE

Disclaimer: The information contained in this listing has not been verified by EXP Realty LLC and should be verified by the buyer.

Information provided by GLAR

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ADDRESS & DIRECTIONS

  • Street Address: 521 West St
  • City: Madison
  • State: Indiana
  • County: Jefferson
  • Subdivision: NONE
  • Directions:
    From W Main Street turn left onto West Street, the destination will be on your left.

PROPERTY FEATURES

General Information

  • Above Grade Finished Area: 1360
  • Below Grade Finished Area: 0

Heating /Cooling Features

  • Cooling: Wall/Window Unit(s)
  • Heating : Other, Heat Pump

Construction Features

  • Construction Materials: Brick

Utility Information

  • Utilities : Electricity Connected
  • Water Source : Public

Community Features

  • HOA :
  • AssociationFee : 0

SCHOOLS NEAR 521 West St

  • Courtesy of EXP Realty LLC, Jim Pruett
  • Property last updated on GLAR : 11/3/2026 11:45:02 AM