2,302 sqft
$165,000
589 S Duval Avenue Unit: 1, Madison FL, 32340
Price per sqft$71.68
Property size2,302 sqft
Property typeMulti-family
Overview
Active
Listed Jun 11, 2026
Updated Jun 18
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!
$1,098/mo
Est. mortgage payment based on a $165,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Other Property Details
- Taxes
- $1,007
- Tax Frequency
- Annually
Courtesy of Southern Land & Homes, ,
Listing Contact: 850-509-0283
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Hum Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2026 FL - Tallahassee Board of REALTORS / Capital Area Technology & Realtor Services. All rights reserved.