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For sale
  • $165,000

    589 S Duval Ave #1, Madison, FL 32340

    2beds
    1baths
    2,302sqft
    : 
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    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $72/sqft
    $-- HOA

    What's special

    Two-story multifamily property
    Excellent investment opportunity in the heart of Madison, Florida! This well-maintained two-story multifamily property offers approximately 2,302 square feet and features two separate rental units, each containing approximately 1,150 square feet of living space. Both units include 2 bedrooms and 1 bathroom and are currently occupied by tenants, providing immediate rental income for the new owner. Situated along Highway 53 within the city limits of Madison, the property offers excellent accessibility and convenience to local shopping, dining, schools, and everyday amenities. Zoned Multifamily (<10 Units), this income-producing property presents a great opportunity for investors looking to expand their portfolio or acquire a turnkey rental property with established tenants already in place. Whether you're a seasoned investor or looking to purchase your first rental property, this duplex offers steady income potential and long-term value in a desirable North Florida location. Don't miss your opportunity to own a piece of Madison's rental market!
    39 days
    |
    241
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    William G Gamalero 850-509-0283,

    Southern Land & Homes

    Source: TBR,MLS#: 401090MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      Heating
      • Space Heater
      Cooling
      • Wall/Window Unit(s)
      Features
      • Flooring: Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 2,302
      • Total interior livable area: 2,302 sqft

      Property

      Parking
      • Parking features: Unassigned
      Features
      • Exterior features: Storage
      Details
      • Additional structures: Shed(s)
      • Parcel number: 120790000004509000000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Two Story
      • Property subtype: Multi Family
      Materials
      • Other

      Community & HOA

      Community
      • Subdivision: na
      Location
      • Region: Madison

      Financial & listing details

      • Price per square foot: $72/sqft
      • Annual tax amount: $1,007
      • Date on market: 6/2/2026
      • Cumulative days on market: 48 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,087/mo

        Price history

        DateEventPrice
        6/11/2026Listed for sale$165,000$72/sqft
        Source: TBR #401090 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: 32340

        Getting around

        37 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Madison County
        • High: Madison County High School

        Source: TBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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