Investment opportunity. A package of two single family homes, two residential lots and one commercial lot. 524 Madison, 522 Madison, 520 Madison and 516 Madison are setting beside each other with a total land square footage of 15,700 SqFt or 0.360 acres. 601 Madison is cross the street commercial lot 3240SqFt (0.0666 Acres). 524 Madison is tenant occupied 3 bedrooms 1 bath 3186 sqft and detached garage 31' x 18'. Tenant pays on a month to month bases including all utilities. 516 Madison is vacant and needs some TLC to be able to turn it to an investment property. 516 Madison offers 3069 sqft 3 bedroom and 1 bath single family home with potentially 4th bedroom upstairs and 22' x 24' detached garage. Seller is selling the entire package and will not sell different parcels.
Closed
$70,000
524 Madison Ave, Evansville, IN 47713
3beds
2,520sqft
Multi Family
Built in 1909
-- sqft lot
$73,700 Zestimate®
$--/sqft
$797 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 19, 2024 at 06:58am
Listed by:
Tareq Alnatsheh Office:812-858-2400,
ERA FIRST ADVANTAGE REALTY, INC
Bought with:
Mia Dix, RB14022631
ERA FIRST ADVANTAGE REALTY, INC
Source: IRMLS,MLS#: 202321004

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Natural Gas, Forced Air, Hot Water
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Wood
- Basement: Crawl Space,Full
- Attic: Storage
Interior area
- Total structure area: 3,780
- Total interior livable area: 2,520 sqft
- Finished area above ground: 1,260
- Finished area below ground: 1,260
Property
Parking
- Total spaces: 1
Features
- Levels: One and One Half
- Stories: 1
- Fencing: Fenced
Lot
- Size: 5,009 sqft
- Dimensions: 50' x 100'
- Features: Corner Lot
Details
- Additional structures: None
- Parcel number: 820632022024.010029
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Asphalt, Shingle Siding, Vinyl Siding
- Foundation: Basement
Condition
- New construction: No
- Year built: 1909
Utilities & green energy
- Sewer: City, Public Sewer
- Water: City, Public
Community & neighborhood
Location
- Region: Evansville
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 9000
Other
Other facts
- Listing terms: Cash,Conventional
Services availability

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$73,700
2% more+ $1,474
With Zillow Showcase(estimated)
$75,174