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Buckner Real Estate Services
422-424 E Second St, Madison, IN 47250
- $240,000
- 4
- BD
- 5
- BA
- 3,716
- SqFt
- Sold Price
- $240,000
- List Price
- $265,000
- Closing Date
- Dec 18, 2025
- MLS#
- 1685976
- Status
- CLOSED
- Type
- Single Family Residential
- City
- Madison
- Area
- 13 - Indiana
- County
- Jefferson
- Bedrooms
- 4
- Bathrooms
- 5
- Living Area
- 3,716
- Year Built
- 1840
Property Description
Endless Possibilities in the Heart of Historic Downtown Madison! This versatile 4 unit, 2 story building is a rare opportunity for investors or visionary homeowners. Currently configured as four apartment units, the property offers a range of options—maintain it as a 4 unit rental, reimagine it as three apartments and two efficiencies, convert it into two charming single-family homes, or create a unique blend such as a primary residence on one side with short-term rentals on the other. Original trim can be found throughout property. Located in a prime downtown location, this property combines character, convenience, and exceptional potential for income or multi-generational living. There are 5 electric meters, 2 water meters and 2 meters for gas hookup if potential buyer would want gas. Property was recently inspected and no major defects were found. Tenants are month to month, 3 units are $650/mth, other unit is $460/mth.
Additional Information
- Acres
- 0.11
- Basement
- Unfinished
- Fencing
- None
- Living Area
- 3,716
- Parking
- On Street
- Region
- 13 - Indiana
- Stories
- 2
- Utilities
- Electricity Connected
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Listing courtesy of EXP Realty LLC. Selling Office: .