Multi-Family Homes & Duplexes for Sale in Madison, IN

Explore Similar Apartments Within 25 Miles of Madison, IN

/12
$75,000
- 2,632 Sq Ft
101 Lincoln St Unit 1.2, Aurora, IN 47001

PASSIVE INCOME Sound good? OPPORTUNITY IS KNOCKING with thie hard to find DUPLEX! This is not just any duplex. Each unit features 3 Bedrms, large eat-in kitchen, living room and large bathroom. The noteworthy back yard is perfect for playing, swingset, sledding,climbing the mature trees or simple relaxation. It is a wonderful time to bring this duplex back to its original charm while creating a

Shelby Radenheimer Key Realty Indiana

101 Lincoln St Unit 1.2, Aurora, IN 47001
/35
$685,000
- 3 Beds
- 2 Baths
10334 Us Highway 50, Aurora, IN 47001

Incredible Income Opportunity or convert back to single family! Discover this expansive all-brick, two-story home featuring three distinct apartments. The main floor unit offers 2 bedrooms and 2 full baths, currently renting for $1,800. Head upstairs to find a spacious second-floor apartment boasting 3-4 bedrooms and 2 full baths, complete with a large private front patio and an additional

Jay Knowles Keller Williams River Town Realty

10334 Us Highway 50, Aurora, IN 47001
/28
$160,000
- 3,990 Sq Ft
407 W Main St, Vevay, IN 47043

Renovation Specialist! Make this your next project. This two story brick home was, in the most recent past, a 4 unit apartment complex. Keep it 4 units or add more... options are limitless! Great income potential once fixed up. All mechanical conditions are unknown. Property sold as is. Seller says bring offers. Units have not been rented or lived in for some time. Average rent could be

Christy Alexander River Ridge Realtors

407 W Main St, Vevay, IN 47043
/4
$109,900
- 5 Beds
- 3 Baths
85 E 91 State Highway 3, Vernon, IN 47282

Own a piece of history with this circa 1830's building. This 3,630 sq. ft. building is currently a duplex. Each unit has been torn down to the studs and made structurally sound. All new windows throughout.

Brigette Nolting RE/MAX Real Estate Prof

85 E 91 State Highway 3, Vernon, IN 47282
/9
$299,900
- 2,658 Sq Ft
407 W Pike St, Vevay, IN 47043

Nice quality Duplex located in Vevay! This Duplex was custom built in 2012. Each unit has 2 bedrooms and 1 1/2 baths. Units have Anderson windows, kitchen appliances and tile and hardwood in the common areas. Great rental history with these units, buy and keep renting or buy to rent one side and live in the other! Call us today, this home will qualify for FHA financing!

Joey Rider Rider Realty LLC

407 W Pike St, Vevay, IN 47043
/2
$111,600
- 2,646 Sq Ft
509 Manchester St, Aurora, IN 47001

Long term renters in both units. One 17 yrs and one 7 yrs. Duplex has good cash flow. Close to shopping, city park and community center.

Deena Owens Pinnacle Real Estate And Inves

509 Manchester St, Aurora, IN 47001

Indiana Madison

Why Live in Madison

Madison, IN, located along the Ohio River in Jefferson County, is known for its historic charm and affordable lifestyle. The city boasts one of the largest historic districts in the U.S., spanning 133 blocks, and features a diverse range of 19th-century architecture, including Federal, Greek, and Colonial Revival styles. Madison is strategically positioned about 100 miles from Louisville, Cincinnati, and Indianapolis, making it a convenient location for travel. The city is home to over 12,000 residents and key employers like the Norton King’s Daughters’ Hospital system. Madison's vibrant Main Street is filled with boutiques, eateries, and attractions, including the annual Madison Regatta and Roostertail Music Festival. Parks such as Clifty Falls State Park and Crystal Beach Aquatic Park offer outdoor activities, while the Lanier Mansion State Historic Site provides guided tours of its Greek Revival architecture. Shopping options include big-box retailers and local markets, with dining ranging from fast-food chains to locally owned restaurants. Madison Consolidated Schools serve the community with high ratings, and higher education is available at Hanover College and Ivy Tech Community College. Residents rely on the Ohio Scenic Byway for transportation, with the Louisville International Airport 55 miles away. Jefferson County has seen a decline in violent and property crime, with rates below the national average. Homes in Madison are affordable, with prices significantly lower than the national average, and include Victorian-era designs and new builds.

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Home Trends in Madison, IN

On average, homes in Madison, IN sell after 49 days on the market compared to the national average of 51 days. The median sale price for homes in Madison, IN over the last 12 months is $237,900, up 8% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$237,900

Median Single Family Sale Price

$242,950

Median 1 Bedroom Sale Price

$217,950

Average Price Per Sq Ft

$158

Number of Homes for Sale

Last 12 months Home Sales

245

Months of Supply

2.40

Median List Price

$259,900

Median Change From 1st List Price

Median Home Sale Price YoY Change

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Why Live in Madison

Home Trends in Madison, IN

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