589 S Duval Avenue #1
Madison, FL 32340
2
Bed
0
Bath
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Has Heating: Yes Heating: SpaceHeater Has Cooling: Yes Cooling: WallWindowUnits
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Building Information
Building Area Total: 2302Construction Materials: OtherPrivate Pool: No -
Exterior Features
Exterior Features: Storage
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Listing Price Information
Listing Price: $165000Cash, Conventional
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Tax Information
Parcel Number: 12079-00-00-00-4509-000-000 Tax Lot: 13 Tax Block: H Annual Tax: $1007
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Virtual Tour
Parking Information
Unassigned
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School Information
Elementary School: Other Junior High School: Madison County Senior High School: Madison County High School -
Location Information
Direction: GPS 589 S Duval Avenue
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1147 SE Hammerly Street, Madison, FL, 32340 | $242,500 | 3 | 2 | 1,616 | 1,616 SqFt |
| 1752 SE Rogers Sink Road, Madison, FL, 32340 | $799,000 | 3 | 2 | 2,864 | 2,864 SqFt |
| 11533 E Us 90, Madison, FL, 32340 | $244,900 | 3 | 2 | 1,216 | 1,216 SqFt |
| 9072 S Cr 53, Madison, FL, 32340 | $298,600 | 3 | 2 | 1,750 | 1,750 SqFt |
| 324 NE Delphinium Drive, Madison, FL, 32340 | $115,000 | 2 | 2 | 924 | 924 SqFt |
| NE Nixon Place, Madison, FL, 32340 | $53,000 | -- | -- | -- | |
| 396 NE Nixon Way, Madison, FL, 32340 | $499,000 | 8 | 7 | 6,720 | 6,720 SqFt |
| 6175 NE Colin Kelly Hig.., Madison, FL, 32340 | $259,900 | 2 | 2 | 1,552 | 1,552 SqFt |
| 332 NE Ford Drive, Madison, FL, 32340 | $200,000 | 4 | 2 | 1,976 | 1,976 SqFt |
| 1983 E Us 90 Highway, Madison, FL, 32340 | $399,900 | 3 | 3 | 1,959 | 1,959 SqFt |
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ByOwner last updated this listing 06/14/2026 @ 23:22
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