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589 S Duval Avenue , Unit 1, Madison, FL 32340

$165,000
  • 589 S Duval Avenue , Unit 1, Madison, FL 32340 Main Photo

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Active
BEDS0 BATHS MLS#401090
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONna

Property Description

Excellent investment opportunity in the heart of Madison, Florida! This well-maintained two-story multifamily property offers approximately 2,302 square feet and features two separate rental units, each containing approximately 1,150 square feet of living space. Both units include 2 bedrooms and 1 bathroom and are currently occupied by tenants, providing immediate rental income for the new owner. Situated along Highway 53 within the city limits of Madison, the property offers excellent accessibility and convenience to local shopping, dining, schools, and everyday amenities. Zoned Multifamily (<10 Units), this income-producing property presents a great opportunity for investors looking to expand their portfolio or acquire a turnkey rental property with established tenants already in place. Whether you're a seasoned investor or looking to purchase your first rental property, this duplex offers steady income potential and long-term value in a desirable North Florida location. Don't miss your opportunity to own a piece of Madison's rental market!

589 S Duval Avenue , Unit 1 | MLS# 401090

This multi-family property located at 589 S Duval Avenue , Unit 1, Madison, FL 32340 is currently listed for sale with an asking price of $165,000. Search Madison real estate on mikereed.adamscameron.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Space Heater
Home Style: Two Story
Taxes: $1,007

Amenities

Storage

Feature Descriptions

Days on Site: 39
Directions: GPS 589 S Duval Avenue
Flooring: Vinyl
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: Cash, Conventional
Parcel#: 12079-00-00-00-4509-000-000
Parking: Unassigned
Parking Notes: Unassigned
Property Attached Y/N: No
Property Sub-Type: Multi Family
Units: 1

Local Schools

High School: Madison County High School
Middle School: Madison County
Elementary School: Other

Listed By / Shown By

Listed By

Agency Name: Southern Land & Homes

Shown By

Agent Name: Coach Mike Reed
Agent Phone: (386) 212-3897
Agency Title: Adams Cameron & Co. REALTORS

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Estimate Your Payment

Estimated Payment

$ 1,010.24 per month $878.20 Principal & Interest $83.92 Property Tax $48.13 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/21/2026. The listing information on this page last changed on 07/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/21/2026 12:30:43 AM EST) or Miami MLS (last updated Tue 07/21/2026 12:18:45 AM EST) or Stellar MLS (last updated Tue 07/21/2026 12:13:56 AM EST) or Daytona MLS (last updated Mon 07/20/2026 11:36:42 PM EST) or Tallahassee MLS (last updated Mon 07/20/2026 10:48:05 PM EST) or Northeast Florida MLS (last updated Tue 07/21/2026 12:18:56 AM EST) or My State MLS (last updated Mon 07/20/2026 11:30:13 PM EST) or Florida Keys MLS (last updated Tue 07/21/2026 12:28:46 AM EST). Real estate listings held by brokerage firms other than Adams Cameron & Co. REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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