589 S Duval Ave Unit 1 Madison, FL 32340
Madison AreaEstimated payment $983/month
Highlights
- Cooling Available
- Space Heater
- Vinyl Flooring
- Outdoor Storage
About This Home
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 ( 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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,007
Parking
- Unassigned Parking
Home Design
Interior Spaces
- 2-Story Property
- Vinyl Flooring
Outdoor Features
- Outdoor Storage
Schools
- Madison County Middle School
- Madison County High School
Utilities
- Cooling Available
- Space Heater
Listing and Financial Details
- Rent includes all utilities
- Legal Lot and Block 13 / H
- Assessor Parcel Number 12079-00-00-00-4509-000-000
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/02/2026 06/02/26 | For Sale | $165,000 | -- | $72 / Sq Ft |
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
MLS Number: 401090
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Information is deemed reliable but not guaranteed.
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Ask me questions while you tour the home.