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4 Beds
4 Baths
1,360 sqft

$419,900

521 West St, Madison IN, 47250

Price per sqft$308.75
Property size1,360 sqft
Property typeMulti-family

Overview

Active

Listed Nov 3, 2026

Updated 3 days ago

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!

$2,794/mo

Est. mortgage payment based on a $419,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1733627

Interior Features

Bedrooms
4
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.03 Acres

Courtesy of EXP Realty LLC, Jim Pruett
Listing Contact: 812-701-1000 

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Greater Louisville Association of REALTORS held by brokerage firms other than Nancy Stevens are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Nancy Stevens shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026  Greater Louisville Association of REALTORS. All rights reserved.

Data last updated 6:25 AM UTC, 11/4/2026



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