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For sale
  • $639,000

    1506 N MADISON AVENUE, CLEARWATER, FL 33755

    4beds
    4baths
    2,184sqft
    : 
    $4,366/mo
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    Quadruplex, Multi Family
    Built in 1959
    -- sqft lot
    $-- Zestimate®
    $293/sqft
    $-- HOA

    What's special

    Investor opportunity in Clearwater! Rare four-unit multifamily property consisting of four 1-bedroom, 1-bath units at 1504–1510 N Madison Ave. The property offers strong income-producing and value-add potential and is located next to a neighborhood park with a playground, pavilion, picnic areas, and green space. The property needs a little TLC, allowing the next owner to make improvements, increase overall appeal, and potentially enhance future rental income. Conveniently located near Downtown Clearwater, shopping, dining, public transportation, major roadways, and Clearwater Beach. Ideal for a buy-and-hold investor, 1031 exchange buyer, or investor seeking a small multifamily property with upside potential. Please do not disturb the tenants.
    4 days
    |
    138
    |
    7
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jerome Thompson 813-493-2208,

    FUTURE HOME REALTY INC 813-855-4982

    Source: Stellar MLS,MLS#: TB8534856MLS LogoOriginating MLS: Suncoast Tampa

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Other
      Features
      • Other
      • Has fireplace: No
      Interior area
      • Total structure area: 2,496
      • Total interior livable area: 2,184 sqft
      Video & virtual tour

      Property

      Features
      • Exterior features: Other
      • Has view: Yes
      • View description: Park/Greenbelt
      Lot
      • Size: 10,197 Square Feet
      Details
      • Parcel number: 102915268920070020
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Block
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1959

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Public

      Community & HOA

      Community
      • Features: Association Recreation - Lease
      • Pet fee: $0 monthly
      • Subdivision: FAIRMONT SUB
      HOA
      • Has HOA: No
      Location
      • Region: Clearwater

      Financial & listing details

      • Price per square foot: $293/sqft
      • Annual tax amount: $5,947
      • Date on market: 8/1/2026
      • Cumulative days on market: 10 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 1300
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/7/2026Listed for sale$639,000$293/sqft
        Source: Stellar MLS #TB8534856 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: North Greenwood

        Getting around

        52 / 100
        Somewhat Walkable
        32 / 100
        Some Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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