Listing provided courtesy of Southern Land & Homes- MLS# 401090
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Request Info589 S Duval Avenue #1Madison, FL 32340
Multi-Family · 2,302 Sq. ft.$165,000
Active
589 S Duval Avenue #1 Overview
- Time on Site:
- 18 days
- Visits:
- 0
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!
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589 S Duval Avenue #1 Facts & Features
- Type Multi-Family
- Sq. ft. 2,302
- Price/Sq.ft. $72
Details
General
School Information
- Elementary School: Other
- Middle Or Junior School: Madison County
- High School: Madison County High School
Location/Region
- County Or Parish: Madison
- MLS Area Major: Madison
- Postal City: MADISON
- Subdivision Name: na
Rent/Lease Information
- Lease Considered: false
- Rent Includes: All Utilities
Tax Information
- Tax Annual Amount: 1007.0
General Information
- Listing Terms: Cash,Conventional
- Parcel Number: 12079-00-00-00-4509-000-000
- Property Sub Type: Multi Family
- Property Type: Residential
- Special Listing Conditions: Standard
Interior
Building Interior
- Building Area Source: Assessor
- Building Area Total: 2302.0
General Information
- Fireplace: false
- Flooring: Vinyl
Unit Information
- Unit Number: 1
Exterior
Parking Information
- Parking Features: Unassigned
Building Exterior/Construction
- Architectural Style: Two Story
- Construction Materials: Other
General Information
- Exterior Features: Storage
- Number Of Units Total: 1
- Other Structures: Shed(s)
- Pool Private: false
Unit Information
Unit 1 Details
- Actual Rent: 900.0
- Beds Total: 2
- Description: top floor
589 S Duval Avenue #1 Neighborhood
Community
32340 (Madison) Demographics
42
Median Age
46
Population Density (per sq. mile)
23%
College Educated
$29,057
Estimated Median Income
2,622
Estimated Total Home Owners
1,301
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.589 S Duval Avenue #1 Monthly Cost
589 S Duval Avenue #1 Market Data
Based on the last 30 days in this zip code
$361,910
Average List Price
$173
Average Price per Square Foot
3
Properties Sold
63
Average Days on Market
46
Properties for Sale
589 S Duval Avenue #1 History
| Date | Value | Agent |
|---|---|---|
| 6/11/2026Source: Capital Area Technology & Realtor Services | June 11, 2026 |