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589 S Duval Avenue # 1 Madison, FL $ 165,000
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589 S Duval Avenue # 1
$ 165,000
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589 S Duval Avenue # 1

Madison, FL, 32340
$ 165,000
Baths0.0 Sq 2,302

Monthly Estimate*

$ 1,016

589 S Duval Avenue # 1, Madison, FL 32340 - Image 1
Studio

Multi-Family Home for sale in Madison, FL

for $165,000. This home is 2,302 square feet.

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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Multi-Family Active

Price

$ 165,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,007

Style

Two Story

Town/City

Madison

County/Region

Madison

MLS | Web ID

401090
Features
General
Heating SpaceHeater
Cooling WallWindowUnits
HOA Fee 0.0
Architectural Style TwoStory
Construction Materials Other
Unit Number 1
Property Subtype MultiFamily
County Madison
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name na
Garage Y/N N
Other Structures Sheds
Rent Includes AllUtilities
Special Listing Conditions Standard
Status Active
Directions GPS 589 S Duval Avenue
High School Madison County High School
City Madison
Senior Community Y/N N
Number Of Units Total 1
MLS Area Madison
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Other
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1007.0
Home Warranty Y/N N
Middle/Junior High School Madison County
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 13
Property Sub Type Additional MultiFamily
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Exterior
Exterior Amenities Storage
Parking Features Unassigned
Spa N
Building Area Total 2302.0
Private Pool N
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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Internal Only
Street Number 1 589
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* Excluded Features
List By
Southern Land & Homes

Broker

Affordability Calculator

$1,100
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,016
Monthly Property Taxes
$84
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3571011 Elementary School
419010 Middle School
Madison County High School High School
See complete school information
Pricing History
Date Price Price Change Description
6/11/2026 $165,000 Listed Price

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589 S Duval Avenue # 1, Madison, FL, 32340 is a Multi-Family Home for sale at $165,000 with 2,302 sqft. 589 S Duval Avenue # 1 is a studio with 0.0 baths. The property's zip code is 32340 which is in Madison, FL

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