Wonderful opportunity to purchase a completely remodeled duplex in the heart of downtown Madison's historic district. The space provides the opportunity to live in one side and rent the other for some extra income or rent both units for short term or long term tenants. The location is just a brief 3 block walk to Main St that was granted the 2024 Great American Main St Award.
The renovation was completed with new high end finishings but you can still feel the historic charm throughout the home. Each unit has 2 bedrooms and 2 bathrooms. Both kitchens have granite countertops, all kitchen appliances, and a washer and dryer. Floor plans are included in the photos. Dry basements are under both 523 and 525 for additional storage. Units are available separately at $275,000.
For sale
Price cut: $20K (6/6)
$520,000
525 & 523 West St, Madison, IN 47250
4beds
2,240sqft
Est.:
Duplex, Multi Family
Built in 1980
-- sqft lot
$498,900 Zestimate®
$232/sqft
$-- HOA
What's special
Historic charmDry basementsGranite countertopsHigh end finishingsAdditional storageWasher and dryer
- 31 days
- on Zillow |
- 247 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: June 06, 2025 at 05:23am
Listed by:
Marla Brennan,
XO Realty, Inc
Source: SIRA,MLS#: 202506130
Originating MLS: Southern Indiana REALTORS Association

Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Primary bedroom
- Description: 523 West
- Level: Second
- Dimensions: 15.3 x 14.4
Primary bedroom
- Description: 525 West
- Level: Second
- Dimensions: 15.4 x 14.8
Bedroom
- Description: 525 West
- Level: Second
- Dimensions: 15.4 x 12.2
Bedroom
- Description: 523 West
- Level: Second
- Dimensions: 15.4 x 12.3
Dining room
- Description: 525 West
- Level: First
- Dimensions: 11.9 x 6.3
Kitchen
- Description: 523 West
- Level: First
- Dimensions: 15.3 x 18
Kitchen
- Description: 525 West
- Level: First
- Dimensions: 15.4 x 11.9
Living room
- Description: 523 West
- Level: First
- Dimensions: 15.3 x 18.8
Living room
- Description: 525 West
- Level: First
- Dimensions: 15.4 x 18.9
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
- Laundry: Laundry Closet, Upper Level
Features
- Basement: Unfinished
- Number of fireplaces: 1
- Fireplace features: Decorative
Interior area
- Total structure area: 2,240
- Total interior livable area: 2,240 sqft
- Finished area above ground: 2,240
- Finished area below ground: 0
Property
Parking
- Details: On Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,178 Square Feet
Details
- Parcel number: 391302212005007007
- Zoning: Residential,Historic Dist
- Zoning description: Residential,Historic District
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Duplex, Multi Family
Materials
- Brick
- Foundation: Block, Poured, Stone, Cellar
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
Location
- Region: Madison
Financial & listing details
- Price per square foot: $232/sqft
- Date on market: 2/27/2025
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
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