2750 Michigan RD Active Save Request In-Person Tour Request Virtual Tour
Madison,IN 47250
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 22038923
Year Built 1983
Tax Year 2024
Lot Size 3.440 Acres
Property Sub-Type Multi-Family 5+
Property Description
Presenting a prime investment opportunity in the thriving market of Madison, Indiana: a well-maintained 55-unit multifamily apartment complex featuring a desirable mix of 9 studio apartments, 36 one-bedroom units, and 10 two-bedroom units. Ideally located in a growing community known for its historic charm and strong rental demand, this property offers consistent occupancy and excellent potential for long-term returns. With a proven income stream and a unit configuration that appeals to a wide range of tenants, this asset is perfectly suited for investors seeking stability and growth.
Location
State IN
County Jefferson
Zoning R32
Exterior
Utilities Available Electricity Connected
Building
Story One
New Construction false
Schools
Middle Schools Madison Consolidated Jr High Sch
School District Madison Consolidated Schools